Mon, Aug 15, 2022
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Alternative Market Briefing

Hedge fund optimism on the rise amid double-digit returns

Wednesday, July 07, 2021

Laxman Pai, Opalesque Asia:

Amid double-digit returns and increasing assets under management, hedge fund managers have grown even more optimistic about their business prospects over the next 12 months.

According to the second quarter Hedge Fund Confidence Index (HFCI) from AIMA, Simmons & Simmons, and Seward & Kissel, the average measure of confidence has risen to +19.5, up from an average of +18.4 in Q1.

Based on a survey of more than 300 hedge funds accounting for approximately USD1 trillion in assets, respondents are asked to choose from a range of -50 to +50, where +50 indicates the highest possible level of economic confidence over the next 12 months.

Confidence is also up significantly from +13.8 in the fourth quarter, according to the index.

Over 90 percent of the hedge funds reported "a positive confidence" for the next 12 months, buoyed by the rollout of Covid-19 vaccinations in the U.S. and U.K, and as investors grew hopeful about the pandemic's end.

Regionally, all funds surveyed displayed higher confidence compared to three months ago, with the highest levels of confidence (+22.5) seen among North America-based hedge funds. Hedge funds in the APAC region followed with +18.2, while EMEA funds (including those from the UK) scored 17.7.

Separating funds by size, those managing more than US$1 billion in assets represented 48% of the total number of responses. That group of larger firms expressed high confidence levels at +21.1, while smalle......................

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. Other Voices: ESG exuberance is at all-time highs. But will investors buy?[more]

    As investors increase their focus on mission-based investing, they continue to grapple with ESG and what it means to them. By David Shalom, Director of Capital Introductions at Pershing Innovation. New investment solutions. That's how managers deliver value and attract new inve

  2. Alts managers sitting on over $2.5tn+ of dry powder[more]

    Laxman Pai, Opalesque Asia: In the current rising interest rate environment, investment activity in the private markets has continued to grow, revealed a study. "With alts managers sitting on over $2.5T+ of dry powder and continuing to enjoy premium valuations and interest rates on a prec

  3. Opalesque Exclusive: Hong Kong manager expects additional tailwind in Asian markets[more]

    B. G., Opalesque Geneva: The Asia equity markets have not been at their best so far this year, with the MSCI Asia index down almost 13% YTD, but many managers remain buoyant about the region, as in

  4. Opalesque Exclusive: Emerging markets persist despite headwinds[more]

    Bailey McCann, Opalesque New York: Emerging markets have been under significant pressure since the start of the year, but there are some nascent trends that suggest that things could be getting better. Emerging markets firm Gramercy Fund Management recently released its third quarter outlook and

  5. Opalesque Exclusive: Castle Hall's DiligenceExchange free Transparency Reports cover 100 managers with $10tn of assets[more]

    Matthias Knab, Opalesque for New Managers: Managers and investors can get free access to DiligenceExchange here: Castle Hall, the Du