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Bailey McCann, Opalesque New York: The latest hedge fund research note from Deutsche Bank Prime Finance suggests that capex may start to increase for US corporates which could have an impact on equities markets. The report notes that "prospects appear good for a rebound with survey indicators of business spending, along with orders for capital goods, continuing to pick up."
On a regional basis, European hedge fund managers and investors continue to prepare for the post-AIFMD world with transitional periods coming to an end on 22 July 2014. London-based investors continue to focus on opportunities in the European event space, with many allocators taking a very broad definition of 'event.’ In China, the domestic hedge fund industry is beginning to see growth with the establishment of a
self-regulatory organization sponsored by the China Securities Regulatory Commission.
Performance wise, year-to-date gains continue to be led by distressed (+6.70%), credit (+5.27%) and event (+4.48%) strategies, but equity long-short strategies performed well regionally for the month. Emerging markets equity led in Europe last month with the median fund returning 2.27%. In Asia, Japan long-short and China long-short led returns with 2.32% and 2.13, respectively, for the month and in the US the median US long-short returned 1.77%. Equity long-short and distressed funds showed the widest dispersion of returns last month. ...................... To view our full article Click here
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