Thu, Nov 14, 2019
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Alternative Market Briefing

The number of hedge funds launched in Q3 declined to 67 from 121 the previous quarter

Friday, October 18, 2019

Laxman Pai, Opalesque Asia:

Traditional single-manager funds accounted for 84% of all hedge funds launched in Q3 2019, in line with the statistics from Q2 2019, when such funds accounted for 87% of funds launched, said Preqin.

However, there has been a steep decline in the number of hedge funds launched from the previous quarter, from 121 to 67, as managers take a more conservative approach in the current macroeconomic climate.

According to Preqin quarterly update on hedge funds, 33% of funds launched in Q3 focus on North America, increasing for the second quarter in a row.

The proportion of global-focused and emerging markets-focused fund launches remained consistent with the previous quarter, but those focusing on Asia-Pacific and Europe dropped off by 25% and 50% respectively.

The move away from Europe may be influenced by uncertainty around Brexit.

Fund managers launching new funds in Q3 appear to be focusing more on diversification. A greater proportion of multi-strategy funds were launched, rising from 11% in Q2 to 16% in Q3.

The proportion of macro strategies funds also rose significantly between quarters, increasing from 8% to 12% of those launched - perhaps investors are increasingly looking for downside protection.

Meanwhile, just 115 fund searches and mandates for hedge funds on Preqin Pro were initiated by investors in Q3, down from 220 the previous quarter.

The majority (73%) of these investors are expecting to invest less......................

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. Fund managers face crackdown after Neil Woodford scandal, More than 500 Hargreaves clients join Woodford lawsuit[more]

    Fund managers face crackdown after Neil Woodford scandal From The Times: Asset management giants have been warned that their funds could be suspended and wound up after just three months if they do not ditch riskier stocks in the wake of Neil Woodford's downfall. The threat has been

  2. Ackman, down in October, has a new position[more]

    From Institutional Investor: Bill Ackman isn't done with shaking up his portfolio this year. After trimming several of his biggest positions that soared this year, Ackman is building a new undisclosed stake that already comprises 8 percent to 9.5 percent of his portfolios, he told investors. P

  3. PE/VC: Private equity is the new stock, Private equity fundraising in the US hits all-time high, Foreign private equity firms lead $152bn blitz on London Stock Exchange[more]

    Private equity is the new stock From Institutional Investor: The traditional portfolio of stocks and bonds needs an alternative investment shake-up after failed monetary policy, according to executives at JPMorgan Chase & Co.'s asset management unit. "We are in an odd cyclical posit

  4. Opinion: Cliff Asness: It's 'time to sin'[more]

    From Institutional Investor: Timing the market can be "deceptively difficult," as quantitative investor Cliff Asness has pointed out before. But now, the AQR Capital Management co-founder believes that while factor timing is "an ugly thing," it is "about time we did some" - specifically when it com

  5. Investing: Hedge fund Whitebox places big bet on gunmaker Remington, Quant funds exit Japanese bonds in worst sell-off since 2013[more]

    Hedge fund Whitebox places big bet on gunmaker Remington From Reuters: Whitebox Advisors LLC, a credit-focused hedge fund, has been quietly capitalizing on Wall Street's ambivalence toward gun manufacturers by replacing some banks as a lender to Remington Outdoor Company. Whitebox