•  
• Tweet
•  
•  
•         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 endowment to start their own hedge funds; Beau Taylor and Robb Turner are forming Madava Asset Management that will focus on energy investments; and Oscar Hattink has tapped Morgan Stanley and UBS Group AG as the main brokers for his new hedge fund.

Night Square Capital Partners is shutting down and its founding partners are joining Citadel.

The Hennessee Hedge Fund Index gained +1.96% in January; The SS&C GlobeOp Hedge Fund Performance Index measured 1.71%; And the ......................

To view our full article Click here