•  
• Tweet
•  
•        Print
•  
•         Track Keywords
•  
• 

In the week ending 17 February, 2017, data from eVestment showed that over 70% of hedge funds reported positive performance. Particularly emerging markets did well, returning 3.37%. Brazil-focused hedge funds were up 7.72%, but also other funds focused on the BRIC countries posted positive performance: Russia-focused funds returned 4.1%, India-focused funds 4.21%, and China-focused funds returning +4.17%. Distressed funds also had a solid start to the year, returning 1.57%. Long/short equity hedge funds gained 1.57% and activist hedge funds were up 0.99% while macro and managed futures were slightly down.

ML Capital said that long/short UCITs were one of the poor performers in 2016; Sol Kumin told his investors why his hedge fund lost money last year and how he would make a comeback; a big majority of investors have expressed disappointment over hedge fund returns in 2016; and stronger economic data and higher inflationary pressures helped push bond yields to continue outperforming in recent weeks.

KKR-backed Avendus Group has launched a hedge fund after recently acquiring Mumbai-based Ambit Holdings' asset management business; three money managers are planning to leave Harvard University's e......................

To view our full article Click here