Global hedge fund assets back over $3 trillion in May... [more]Bailey McCann, Opalesque New York: Hedge fund industry assets climbed above $3 trillion for the first time this year in May as investors continued allocating to hedge funds, according to eVestment’s May 2016 Hedge Fund Asset Flows Report released today. But at $3.014 billion, funds are barely abo
Emerging market-focused private equity funds reach record $297bn... [more]Benedicte Gravrand, Opalesque London: The total assets held by private equity managers based in emerging markets (EM) have increased year-on-year to reach almost $300bn as of September 2015, following a slow growth through 2013 and 2014.
This recent growth has been primarily based on an incr
French private equity returns average 10% over 10 years... [more]Benedicte Gravrand, Opalesque London: French private equity again outperformed all other major asset classes over the long term, including those with no risk, in an environment where returns have remained historically low for a long period of time.
Since inception to the end of 2015, the as
Market neutral hedge fund factors breezed through Brexit plunge... [more]From Bloomberg.com: Market neutral was the way to go after Brexit. Strategies that employ offsetting bets to orient themselves not around market moves but the performance of investment factors such as momentum and dividend yield were major winners as markets buckled following the U.K. referendum. Lo
UK hedge fund manager won £110m on Brexit... [more]From Dailymail.co.uk: A rising star hedge fund manager who is the son of Prince Charles's hunting friend won £110million by betting against the pound ahead of Britain’s vote on the European Union. James Hanbury, who manages £1.1billion for Odey Asset Management, went against complacency in the rest
Korea’s Multi Asset Global Investments rolls outs hedge funds... [more]From Koreaherald.com: Multi Asset Global Investments, part of Korea’s Mirae Asset Financial Group, has rolled out its first offering of hedge funds since redirecting its business focus to the alternative investment field, the company said Thursday.
The launch came after the Seoul-based Multi A
SG CTA index up 3.17% as of June 27% (+2.81% YTD)... [more]Societe Generale Prime Services’ CTA Indices confirm positive performance for CTA managers in the two full days of trading after the referendum results - Friday 24 June and Monday 27 June.
In the immediate aftermath of the result on Friday, when falling markets were causing concern for many in
…And Finally - Don't hold a gun wile taking a selfie... [more]From Newsoftheweird.com: More people (all are males, as usual) who accidentally shot themselves recently: Age 37, Augusta, Kansas, while adjusting his "sock gun" at a high school graduation (May). Age 28, Panama City, Florida, a jail guard "preparing" for a job interview (May).