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Hedge funds that short small caps are amongst the best performing strategies since 2012 and the highest versus average levels since 2004; Meanwhile, Tower Watson's Chris Ford has called for less stock-picking and more strategy from fund managers; and global multi-asset, alternative assets, and diversified growth funds strategies are the most sought-after by investors.
In the week ending 02 May, 2014, despite poor performance, hedge funds assets hit a new peak of $2.7tln thanks to healthy net inflows; Citi Prime Finance reported hedge fund performance ranged from -0.39% to -0.17% in March; activist hedge fund Pershing Square, John Paulson’s Recovery Fund, Brevan Howard’s Credit Value fund, Passport Capital, and Chenavari Investment were among the best performing hedge funds in 2014; in contrast, global macro kings, Tudor, Citrone and Fortress all fell in 2014; Och-Ziff Capital’s shares fell 10% last week on news the Feds are investigating the firm; alternative mutual funds that aim to replicate popular hedge-fund strategies generated disappointing performance; Lansdowne's $8.2bn Developed Markets fund was down 5.3% this year; Frere Hall Capital posted 59% profits in 2013 as revenues almost doubled since 2012; and NexPoint Credit Strategies announced a 9% increase to its regular monthly dividend on its common stoc...................... To view our full article Click here
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