Monthly Archives: January 2020
Wilshire Liquid Alternative Index up 0.66% in December
(Opalesque) The Wilshire Liquid Alternative Index, which provides a representative baseline for how the broad liquid alternative investment category performs, returned 0.66 per cent in December, underperforming the 1.22 per cent monthly return of the HFRX Global Hedge Fund Index. […]
How to prepare for a successful hedge fund launch – Step 1: Define your business
(Hedgeweek) In this new monthly blog, Joel Press, formerly a senior partner and Head of the Global Hedge Fund Practice at Ernst & Young, and a leading voice on hedge fund operations and co-ordination services, talks through an array of […]
PFIC: what U.S. investment funds should be particularly aware of and newly proposed regulations
(Opalesque) U.S.-based venture capital and other funds that invest in foreign companies must be careful to avoid the passive foreign investment company (PFIC) rules, which could substantially increase the tax owed on exit for U.S. taxpaying investors. U.S. persons who […]
Imminent Sino-U.S. deal signing lifts Asian currencies; sterling slips
(Reuters) – The imminent signing of a preliminary Sino-U.S. trade deal helped Asian currencies rally on Monday, but sterling fell on fresh hints of a Bank of England rate cut. To read this article:
Britain’s biggest local government pensions ditch hedge funds for wind farms
(Reuters) – Local government pension schemes in Britain pulled money out of hedge funds last year, shifting cash to infrastructure projects such as wind farms and to private equity, a Reuters analysis of annual reports shows. To read this article:
Ackman Avoids Limelight Even as Pershing Square Posts Record 2019
(Reuters) Two years ago, investor William Ackman, who pushes corporations to perform better, took his own advice and laid out a plan for a comeback after years of losses. Over dinner at the New York Public Library, Ackman told investors […]
Top Hedge Fund Industry Trends for 2020
(HedgeWeek) Each year, Agecroft Partners predicts the top hedge fund industry trends through their contact with more than 2,000 institutional investors and hundreds of hedge fund organisations. Below are the firm’s predictions for the biggest trends in the hedge fund […]
SEC Charges Private Investment Firm with Fraudulently Misleading Investors
(HedgeCo.Net) The Securities and Exchange Commission has charged MA-based private investment firm ARO Equity, LLC, and its principals, Thomas D. Renison and Timothy J. Allcott, with fraud. As alleged, the defendants made false statements to current and prospective retail investors […]
CTAs close best year since 2014 as trend followers lead performance in 2019
(Hedgeweek) Following positive gains in November, CTAs experienced a small dip in December, as the SG CTA Index closed the month at -0.65 per cent. Nevertheless, all indices closed the year in positive territory with the SG CTA Index and […]
Emerging market hedge funds close turbulent decade with strong gains
(Hedgeweek) HFRI’s EM Index up 11.67 per cent in 2019, as market conditions hint at positive start to new year –Emerging markets-focused hedge funds rounded off a strong year with a 3.58 per cent monthly advance in December, to take […]
Hedge funds post the best return in a decade in 2019
(Opalesque) The $3.24 trillion hedge fund industry produced its best one-year performance in a decade, said Hedge Fund Research.The HFRI Fund Weighted Composite (FWC) index returned 10.4% in the 12 months ended Dec. 31, the highest since 2009 when the […]
Hedge fund Aksia acquires rival firm TorreyCove Capital Partners
(Opalesque) Investment consulting firm Aksia LLC, which focuses on hedge funds and private markets, acquired a rival firm called San Diego-based TorreyCove Capital Partners, which is based in San Diego. To read this article: