Monday, 20 October 2014
Last updated 2 days ago
May 26 2010 | 9:59am ET
It remains unclear whether new hedge fund regulations in the European Union or the U.S. will make good on predictions of a hedge fund exodus from either jurisdiction, now that both are inching their ways toward reality. But fears of those regulations produced barely a blip, according to Hedge Fund Research.
The U.S. is still home to more than seven out of 10 single-manager hedge funds, with 70.11% of funds based in the country last year. That’s down from 2008, but barely: It had been 70.48%. By assets it’s an even more overwhelming lead, at 78.84%, down from 79.63%.
Britain saw a somewhat steeper drop—Europe’s largest hedge fund manager seems likely to be the hardest-hit by the EU rules and has already seen some high-profile managers move to Switzerland or the Channel Islands. But the country’s hedge fund industry has not exactly been obliterated, as it now accounts for 12.36% of funds (down from 13.3%) and 12.19% of assets (down from 12.62%).
By comparison, all other jurisdictions are pygmies. China was a very, very distant third with 2.69% of hedge funds, followed by Switzerland at 1.83%. Canada was fifth with 1.75%.
Sep 22 2014 | 4:15pm ET
"I tell people that everybody likes good news and so if you have good performance that’s wonderful,” explains Mike McKitish of Peddie School's endowment, “but it’s the people that want to talk about the bad news or where they drifted and how they came back and how they stayed to their discipline…” that he wants to hear from. Read more…
Sep 30 2014 | 9:29am ET
The crisp Autumnal days of October are upon us, and so are a few of the hedge fund industry’s favorite charitable events. If you have never been to Rocktoberfest, well, you are missing out. And for a quieter evening of sipping and socializing, stop by HFC’s Wine Soiree. Read more…
Most traders agree that proper risk management is the key to successful trading. However, many traders depend on the deeply flawed measure of standard deviation as a benchmark of risk. Here we put it ...