Sat, Oct 31, 2020
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Alternative Market Briefing

The rise of emerging markets hedge funds

Friday, February 22, 2019

Laxman Pai, Opalesque Asia:

Emerging Markets hedge funds, including China, Latin America and Russia-focused funds, surged to begin 2019, with the "risk on" sentiment representing a sharp contrast from late 2018 and reversing steep losses from 4Q.

According to the newly released HFR Asian Hedge Fund Industry Report, the HFRI Emerging Markets (Total) Index advanced +4.7% in January, the strongest monthly gain since March 2016.

Hedge funds investing across all EM regions contributed to strong gains for the month, with each experiencing sharp reversals from late 2018. EM hedge fund performance was led by the HFRI EM: Latin America Index, which gained +8.3% in January and followed the 2018 decline of -6.9%.

Similarly, the HFRI EM: Russia/Eastern Europe jumped +6.5%, the strongest monthly return since March 2016, while the HFRI EM: China Index added +5.75%, the best since January 2018. These gains represent a reversal from 2018 when the HFRI Russia Index fell -4.4% and the HFRI China Index declined -17.5 %.

Hedge funds investing in Japan also gained in January, as the HFRI Japan Index gained +2.4% for the month, partially reversing 2018 decline of -5.6%.

Total Asian hedge fund capital declined by $10bn in 4Q to $108.2bn

Total Asia and EM hedge fund capital declined in both 4Q and Full Year 2018 with most of the capital decline attributable to performance-based losses.

Total Asian hedge fund capital declined by $10bn in 4Q to $108.2bn, while t......................

To view our full article Click here

Today's Exclusives Today's Other Voices More Exclusives
Previous Opalesque Exclusives                                  
More Other Voices
Previous Other Voices                                               
Access Alternative Market Briefing

 



  • Top Forwarded
  • Top Tracked
  • Top Searched
  1. PE/VC: Coronavirus triggers borrowing spree by private equity managers, Venture capital investments reach new high in Brazil, Private-equity giants are racing to sell assets before year-end[more]

    Coronavirus triggers borrowing spree by private equity managers From FT: Private equity managers are turning to specialist borrowing facilities to ensure their highly leveraged strategies can survive the coronavirus pandemic, but there are growing concerns that the use of these complex f

  2. What's behind Viking's strong gains[more]

    From Institutional Investor: Viking Global Investors had strong performance in its three main funds in the third quarter, bringing gains for the year into the mid-to-upper teens. The Tiger Cub hedge fund firm, co-founded by O. Andreas Halvorsen, is far outperforming the broad-market averages a

  3. PE/VC: A record number of private equity funds are in the market - but closing them won't be easy, PE firms must be prepared to face challenges across each fund vintage, Wall Street is helping private equity recycle its old assets[more]

    A record number of private equity funds are in the market - but closing them won't be easy From Institutional Investor: Although there are a record number of private equity funds in the market, they are raising money at a slower pace, delaying fund closes, according to new data from Pre

  4. SPACs: Hedge funds scoop up SPAC shares, Hedge funds surface in wave of Biopharma SPAC deals, SPAC to the future: How blank-check acquirers could reshape emerging companies' roles in public markets[more]

    Hedge funds scoop up SPAC shares From Institutional Investor: Hedge funds aren't just launching their own special purpose acquisition companies -they're also scooping up shares of these blank-check companies. Basso and Difesa have cashed in on the boom in blank-check companies. Firm

  5. Opalesque Exclusive: A.W. Jones emerging manager fund of funds passes three year milestone, up +12.61% through August[more]

    Bailey McCann, Opalesque New York for New Managers: An emerging manager fund of funds from A.W. Jones has just passed its three-year milestone and is outperforming so far this year. The fund was up 3.29% in August a