Foreign currency hedge funds fell -0.03% in March... [more]Komfie Manalo, Opalesque Asia: Foreign currency hedge funds fell slightly last month with the Parker FX Index reporting a -0.03% return for the month of March. 28 of 31 programs in the index reported results in March. 11 reported positive results, 16 incurred losses, and one remained flat.
Investors not following New York City's lead to dump hedge funds... [more]From PIOnline.com: NYCERS' actions notwithstanding, few institutions are dumping hedge funds. If the pace of hedge fund searches and hires in the first four months of the year remains steady, 2016 could be a bumper year for institutional investment in hedge funds, even if terminations and allocation
Regulatory - London Underground inspires CAIA campaign... [more]From PIOnline.com: The Chartered Alternative Investment Analyst Association, a global alternative investment education provider, has launched its first international awareness campaign, using London's iconic Underground transit system, also known as the Tube, as inspiration to promote its role in fi
Asia - South Korea’s domestic hedge fund market growing rapidly... [more]From Businesskorea.co.kr: According to Shinhan Investment Corporation, the assets under management (AUM) of hedge funds in South Korea totaled 4.1048 trillion won (US$3.56 billion) at the end of March this year. The amount increased by approximately 1.1 trillion won (US$0.95 billion) in only 10 mont
Investing - Frontier fund wins with Vietnamese dairy, Pakistani cement bets... [more]From Bloomberg.com: While investors dumped trillions of dollars in emerging-market assets in the past three years, a Dubai-based frontier fund went looking for stocks to buy in even more exotic destinations: Pakistan, Vietnam, Saudi Arabia and Egypt. The strategy has worked well for Duet Mena Ltd.,
…And Finally - We’re ‘burglars’, not ‘robbers’... [more]From Newsoftheweird.com: The December burglary of the Halifax bank in Sale, England, drew attention even though the hour was just after midnight -- because Jamie Keegan and Marc Shelton (both age 33) had tried to haul away an ATM, but it fell out the back of their van, producing calamitous noise (an