Tuesday, 30 September 2014
Last updated 33 min ago
Aug 20 2010 | 1:46pm ET
Investors yanked $1.5 billion from emerging markets hedge funds in the second quarter, even as they poured further billions into other hedge fund strategies.
The second quarter outflows are the seventh in eight quarters for emerging markets funds, according to Hedge Fund Research. Such funds now manage $9.5 billion.
“Changes in global growth expectations, prospective currency volatility and commodity-specific market influences have resulted in a near-term decrease in investor risk tolerance for emerging-market hedge fund exposure,” HFR President Kenneth Heinz said. Still, Heinz said, the strategy’s luck could change rather quickly, given trends in emerging-market stocks, sovereign debt and commodities.
“Hedge fund investors considering the tactical, cyclical and overall positive performance dynamics of emerging-market hedge funds will look to access these trends in the coming quarter,” he said.
Despite the emerging markets outflows, all told hedge funds took in $9.6 billion in the second quarter.
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…
High frequency trading is not evil, it is not a conspiracy and it really is not new; it is the natural evolution of the professional trading community making markets, providing liquidity and hopefully...