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B. G., Opalesque Geneva: The Alternative Investment Management Association (AIMA), in partnership with law firms Simmons & Simmons and Seward and Kissel, have just issued the 16th quarterly Hedge Fund Confidence Index (HFCI), which provides a snapshot of hedge fund managers' confidence in their economic prospects for the coming 12 months.
The revival of confidence was present across both larger hedge fund managers (managing more than $1bn) and their smaller peers, but Q3 tends to be the quarter with the highest average confidence score.
According to the report, this quarter's revival in confidence was supported by smaller hedge fund managers of various strategies and larger by long-short equity and global macro hedge funds. Smaller hedge fund managers' average score increased by +7.5, hitting +20.5, a near-record high.
Source: AIMA.
Respondents are asked to choose from a range of -50 to +50, where +50 indicates the highest possible level of economic confidence for the firm over the next 12 mo...................... To view our full article Click here
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