Monthly Archives: January 2020
Hedge funds push their YTD returns up 8.58% in 2019 to record the strongest year since 2013
(Opalesque) The Eurekahedge Hedge Fund Index gained 1.52% in December, supported by the underlying equity market performance which pushed the MSCI ACWI (Local) 2.57% higher over the same period. The year-to-date (YTD) return went up to 8.58%. To read this […]
Man Group appoints Robert Furdak as CIO for ESG
(Hedgeweek) Man Group, a global active investment management firm, has appointed Robert Furdak as Chief Investment Officer for Environmental, Social and Governance (ESG), a newly-created role to further bolster the firm’s broader commitment to responsible investment (RI). To read this […]
Discretionary macro shop H2O bounces back
(Hedgeweek) H2O Asset Management, Bruno Crastes’ bond-focused discretionary macro hedge fund, which this year marks its tenth anniversary, has posted sterling year-end gains after facing investor pressure this past summer. To read this article:
Global real estate fundraising sets new record in 2019 at $151bn
(Opalesque)The global real estate fundraising exceeded $150bn for the first time in 2019, says a recent study by the research firm Preqin, as the 295 funds have reached a final close through the year secured a collective $151bn. To read […]
Natural resources fundraising crosses $100bn in 2019 but number of funds down
(Opalesque) Natural resources funds closed in 2019 secured $109bn, on par with the $107bn raised in 2018. But the number of funds closed that focus exclusively on pure natural resources strategies is falling. To read this article:
BlackRock profit beats estimates as assets top $7 trillion
(Reuters) – BlackRock Inc (BLK.N), the world’s largest asset manager, beat analysts’ estimates for quarterly profit on Wednesday, helped by strong flows into its exchange-traded fund business that boosted overall assets under management to a record $7.43 trillion. To read […]
Two Attorneys Charged In Fraudulent Scheme to Issue False Legal Opinions
(HedgeCo.Net)The SEC has charged Diane Dalmy for concealing from transfer agents and brokerage firms her involvement in preparing legal opinion letters concerning the sale of certain microcap securities. According to the SEC’s complaint, Dalmy had been placed on the prohibited […]
World Stocks Pause At Record Peak As Markets Assess U.S.-China Deal
(Reuters) – World stocks inched ahead to a record high on Thursday after the United States and China signed an initial deal to defuse their 18-month trade war, though financial markets were wary as a number of thorny issues remained […]
JP Morgan report: Tech and sustainability pushing hedge funds to “inflection point”
(Hedgeweek) Machine learning’s influence over hedge funds will continue to grow, shaping trading decisions and portfolio positioning, while sustainable alpha opportunities are driving the industry to an inflection point, a new study by JP Morgan suggests. To read this article:
Barclay Hedge Fund Index gains 10.70% in 2019, the largest annual return since 2013
(Opalesque) The hedge funds industry gained 10.70%, the largest annual return since 2013 when the Barclay Hedge Fund Index gained 11.12%. By comparison, the S&P 500 Total Return Index posted a 31.49% return in 2019. To read this article:
Infrastructure fundraising hit an all-time high in 2019
(Opalesque) The infrastructure fundraising market reached new heights in 2019 as a total of $98bn was raised from investors as 88 funds closed. According to Preqin, it included a $22bn fund raised by Global Infrastructure Partners – the largest infrastructure […]
Eschler long/short equity hedge fund returns 19.5% in 2019
(Opalesque) Thanks to a contrarian investment style and heavy allocations to metals and mining, Eschler Recovery Fund (ERF) retuned 19.5% (net) in 2019, compared to the Credit Suisse Long/Short Index’s 10.9% return, and has annualised 6.2% since its October 2012 […]