Indices and Reports

Hedge fund performance was largely mixed at June’s halfway mark, according to an interim update from Hedge Fund Research, as global financial markets reacted tentatively to an increase in U.S. interest rates, declines in energy and historically low levels of equity market volatility. 

Transparency is an increasingly important investment consideration for institutional investors, according to a new survey commissioned by Northern Trust, but there is a lack of agreement on how to gather and analyze the necessary information on alternative investments such as hedge funds, private equity, infrastructure and natural resources. 

Hedge funds were flat last week as gained by macro and fixed income managers were broadly outweighed by losses in CTA strategies, according to new research from Lyxor Asset Management.

New hedge fund launches totaled 189 in the first quarter of 2017, up from 153 in the prior calendar quarter and the first increase since last year's comparable period, according to new data from Hedge Fund Research, while average management and incentive fees fell.

Hedge funds booked their fifth consecutive month in the plus column in May, according to a flash reading of Eurekahedge’s Hedge Fund Index, although they again underperformed broader market measures for the month. 

Almost all leading hedge fund strategies posted positive returns in May, according to new data from Preqin, as the industry recorded seventh consecutive month of gains.

Hedge fund performance stumbled slightly in May, according to new data from fund administrator SS&C GlobeOp, while the company’s asset flow indicator advanced sharply.

Hedge funds slipped again last week as global macro funds underperformed, according to new data from Lyxor Asset Management, although the company’s CTA Index rebounded from recent losses. 

Regulatory compliance now accounts for up to 10% of the total expenses for Japanese fund managers and institutional investors, according to a new joint survey by Eurekahedge and the Japanese branch of the Alternative Investment Management Association (AIMA), while nearly three-quarters of investors expect to maintain current allocations to hedge funds and other alternative investments.

Hedge fund returns were mixed last week as the market’s upturn boosted CTAs and equity managers at the expense of global macro and fixed-income strategies, according to new research from Lyxor Asset Management.