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New Managers October 2018

BULLETIN: A&P Emerging Manager Index down -0.87% in September, Watercourse Macro Fund moves from OPIM Platform to Penjing A.M.

 

A&P Emerging Manager Index down -0.87% in September

The A&P Emerging Manager Index (APEM Index©) and the A&P Emerging Manager UCITS Index (A&P EMU Index©) declined in September, with the APEM Index© returning -0.87% and the A&P EMU Index© returning -0.66%.

With growing concerns about global trade and increasing bond yields in the US, hedge funds once again failed to make any headway in September producing mixed returns. According to the October 2018 Eurekahedge report, hedge funds so far this year have recorded their weakest performance since 2011.

Advisors & Partners LLP launched the A&P Emerging Manager Index (APEM Index©) on the 1st December 2015 and the A&P Emerging Manager UCITS Index ("A&P EMU Index©") on the 1st January 2017. Both the APEM index© and the A&P EMU Index© are designed to offer investors, who have a particular interest in early stage hedge fund investing, an effective research and benchmarking tool and to provide better visibility to asset managers who have launched new regulated offshore and onshore hedge fund investment products.

Details of the A&P Emerging Manager Index & the A&P Emerging Manager UCITS Index can be found on our website: https://www.advisorsandpartners.co.uk/knowledge/advisors-partners-indices

Watercourse Macro Fund moves from OPIM Platform to Penjing A.M.

Penjing Asset Management, a Hong Kong-based fund of hedge funds house, has agreed to incubate a year-old global macro firm called Watercourse Advisors, managed by Wei Liao.

Watercourse Macro Fund is a continuation of the BIA Pacific Macro Fund that was re-activated in November 2016 at Ballingal Investments Advisors and that Mrs. Wei Liao managed. The global macro strategy covers the Asia-Pacific regio......................

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This article was published in Opalesque's New Managers a top-down monthly analysis, news and research publication on the global emerging manager space.
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