Opalesque Exclusive: Richmond Global Compass ends 2018 up +9.99%... [more]Bailey McCann, Opalesque New York for New Managers: While many hedge funds ended 2018 in the red, the Richmond Global Compass Fund was up +9.99% net of fees. The fund runs a discretionary global macro strategy that
Eurekahedge ILS Advisers Index ended 2018 down 2.93% in second loss year... [more]Laxman Pai, Opalesque Asia: The Eurekahedge ILS Advisers Index, that covers insurance-linked securities (ILS) hedge fund strategies, ended 2018 down 2.93%, recording its second consecutive year of losses after 2017, during which the index slumped 5.60%.
The catastrophic losses incurred by Hu
Global hedge fund industry AUM stood at $2.336tn as of December 2018: Eurekahedge... [more]Laxman Pai, Opalesque Asia: The assets under management (AUM) of the global hedge fund industry stood at $2.336tn as of December 2018, down roughly 4.5% throughout the year, placing 2018 as the worst year for the global hedge fund industry since the global financial crisis.
According to Eureka
Barclay CTA Index gains 0.30% in December, (-2.85% 2018)... [more]Opalesque Industry Update - The Barclay CTA Index, compiled by BarclayHedge, a division of Backstop Solutions, posted a 0.30% rate of return in December. For the year the index was down 2.85%.
Equity market volatility contributed to a challenging year for many managed futures indices. Currency
Investors pulled a record $143bn out of active funds during December's plunge... [more]From CNBC: Last month was one for the Wall Street history books - not only was it stocks' worst December since the Great Depression, but it now appears to be a pivotal moment when investors really gave up on active management.
According to data from Morningstar out Thursday, actively managed mu
Volatility hedge funds hit by market horrors in all directions, Swedroe: Hedge funds a bad buy... [more]Volatility hedge funds hit by market horrors in all directions
From Bloomberg: Some of the nimblest hedge-funds that trade volatility are hoping history doesn't repeat after suffering their worst year in over a decade.
Managers famed for posting steady profits from relative-value stra
Preqin: Dry powder in PE reaches $2tn... [more]Opalesque Industry Update - At the end of June 2018, private capital dry powder - the capital available for fund managers to deploy - surpassed the $2tn mark to reach $2.10tn.
Geographically, the majority of dry powder is still targeting North America, although that proportion has been declini
Investing: Bad bets on oil, gas spark wave of energy-fund closures... [more]From Reuters: Energy fund managers took heavy losses last year with wrong-way bets on the prices of oil and natural gas, leading to a wave of closures in the volatile fund sector.
The number of active energy-focused funds fell to just 738 in 2018 through September from about 836 in 2016, accordi
Philanthropy: Billionaire Bill Gates says this is the best investment he's ever made... [more]Frm CNBC: With almost $100 billion to his name, Microsoft co-founder and philanthropist Bill Gates has an intimidatingly large heap of funds to deploy. Wednesday, Gates revealed the best investment he has ever made in an essay in The Wall Street Journal. It's the $10 billion he's invested, through t
Legal: Sears creditors challenge hedge fund chairman's winning bid... [more]From ABQ Journal: A group of Sears creditors are challenging Chairman Eddie Lampert's hedge fund's winning $5.2 billion bid to buy the business in a bankruptcy auction and wants to air their grievances in court.
Sears confirmed Thursday that Lampert's hedge fund won tentative approval for the pl
And, finally: Police seek volunteers to get drunk for training exercise... [more]From UPI: A Pennsylvania police department is seeking volunteers willing to "drink hard liquor to the point of inebriation" for a training exercise.
The Kutztown Police Department said in a Facebook post it is seeking three volunteers to help with a training event designed to teach officers how
Creating, managing and administering large amounts of wealth comes with its own set of challenges. Horizons: Family Office & Investor Magazine aims to offer a 360 degree perspective on all relevant themes around family offices, wealth management, investments, operations, and governance.
Opalesque has been publishing Technical Research (chart analysis) since April 2006. Opalesque Technical Research offers technical chart analysis with a global perspective on all major markets, including Equity Indices, Fixed Income, Currencies, and Commodities.
Opalesque Technical Research is unique compared to most available research which is fundamental in nature, and not technically (chart) oriented. In addition, most current available research is mainly equity based, and not global in nature.
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By Alex Gavrish, Etalon Capital Ltd; author of "Story Investing".
A recent article "Hedge Funds Have Lost Their Rhythm" by Matt Levine raised the issue of underperformance by many hedge fund managers. He quotes one well-known manager: "The last few years have become parti..
Benedicte Gravrand, Opalesque Geneva: Bill Michaelcheck, founder and CIO of Mariner Investment Group, an alternative asset manager headquartered in New York, believes the market has turned a corner and that volatility is here to stay. Now is a good time for fixed income investors to do arbitrage bet..
