Tuesday, 23 September 2014
Last updated 53 min ago
Aug 29 2011 | 1:02pm ET
Hedge fund managers polled by event producer GAIM are betting on global macro strategies to deliver the best returns in 2012 and believe Brazil, China and India will offer the biggest rewards.
The 185 hedge fund industry members surveyed also expressed concerns that a Eurozone crisis, global monetary policy uncertainty or the U.S. deficit could derail the fragile global recovery.
“The results reflect the array of macro-headwinds driving markets right now,” said Amanda Rodrigues-Cheung, GAIM event director.
Of the 55 hedge fund managers who responded to the 2011 GAIM GMA Hedge Fund Sentiment Survey, 22% were most bullish on global macro, 11% chose event-driven while 9% opted for commodities-based strategies and U.S. long/short equity. As for investors in hedge funds, 23% also picked global macro as the strategy most likely to outperform.
The hedge fund managers in the GAIM survey currently manage assets up to $5 billion. GAIM conducted the survey in mid-August as financial markets fluctuated in response to growing investor fears of a second recession and mounting economic woes in Europe.
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 McKitich, CIO of Petty 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…
Aug 25 2014 | 11:21am ET
As many of you know, FINalternatives was recently acquired by the owners of Futures magazine, a firm called The Alpha Pages LLC. Today marks the soft-launch of a new sister site for both publications. As its name suggests, The Alpha Pages will cover all types of alternative investments, going far beyond the more well-known ones such as hedge funds and private equity. Read more…
Credit default swaps brought down the London Whale and cost JPMorgan $6.2 billion. Here is how it happened.