Friday, 28 November 2014
Last updated 4 hours ago
Jan 2 2013 | 3:47pm ET
Quantitative easing made it easier indeed for many British hedge funds to post big gains last year.
Bets that government-backed liquidity programs would boost markets paid off in a big way for the likes of CQS and Odey Asset Management. The former rose 32% through November and the latter 26.6%, The Telegraph reports.
"The masters of equity and credit trading strategies have done their homework in 2012 and reaped benefits turbocharged by an ocean of government-sponsored liquidity," Newscape Capital Group's Philippe Bonnefoy told the newspaper.
Another hedge fund expert added, "While economic fundamentals have been poor during 2012, with sluggish or negative growth and depressed confidence, the use of QE has pumped tons of money into the system which has to go somewhere, so it usually winds up in equities or bonds."
Nov 4 2014 | 9:45am ET
Data management is important to every business, but for hedge funds, it is critical. FINalternatives recently asked Peter Sanchez, CEO of Northern Trust Hedge Fund Services, how fund managers can deal with the demands of managing data while at the same time remain transparent and abide by operational best practices. Read more…
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