|
In the week ending February 24th 2023, the Alternative Investment Management Association (AIMA), in partnership with RSM International, has published new research into the evolving relationships of fund managers and their investors to investigate to what extent they align interests for mutual benefit. The report 'In Sync: How hedge funds achieve alignment with investors to foster long-term strategic partnerships' outlines the ways fund managers are adapting their business model in response to competition and the evolving mandates of investors. The HFRI 500 Index ended 2022 with a return of -3.37% after a fourth-quarter gain of 1.6%. HFR reported that globally, the leading hedge fund strategies were macro, including the sub-strategies of fundamental commodity, discretionary, and quantitative, trend-following CTA strategies. The HFRI 500 Index broadly outperformed the equity and fixed-income markets and especially technology stocks by 3,000 basis points, the widest margin since the index's inception. The HFRI Weighted Composite Index returned 2.26% in the fourth quarter, trimming its full-year decline to 4.2%. In new launches, Edward Lei, a former partner at Tiger Global Management, is launching a new hedge fund; Investcorp-Tages announced the launch of a new fund on its UCITS platform with Melqart Asset Management: the Melqart Event Driven UCITS Fund, and iM Global Partners has launched a managed futures UCITS fund in partnership with Dynamic Beta investments. Meanwhile, Blackstone Inc, the world's largest private equity firm, is set to raise as much as $10 billion for its tactical opportunities strategy, which gives it versatility to invest in a range of assets; Global private markets invest...................... To view our full article Click here |
Alternative Market Briefing Weekly
Sunday, February 26, 2023
|
||




RSS



