Tuesday, 31 March 2015
Last updated 14 hours ago
May 22 2013 | 10:57am ET
Emerging markets hedge funds attracted $1.8 billion in new capital in Q1 2013, bringing the total invested in such funds to a record $151 billion.
The Q1 totals follow strong Q4 2012 inflows, which saw an additional $3 billion allocated to EM funds, according to the latest data from Hedge Fund Research.
The HFRX Multi-Emerging Markets Index gained 5.9% through April, with strong performance from emerging Asia hedge funds—Chinese funds up 8.8%, Korean funds up 10.0% and Asia ex-Japan funds up 8.1%.
Russian/Eastern European funds gained 0.8% through April, Latin American funds added 2.2% and MENA -focused hedge funds were up 6.0%.
“Emerging market hedge funds have and continue to navigate a highly complex macro environment, with both direct and second order effects of the developed market stimulus impacting external capital flows and trade balances, with these driving EM currencies, commodity demand shifts and inflation targets,” stated Kenneth J. Heinz, president of HFR. “Hedge funds concentrated in emerging markets have benefited from these opportunities through sophisticated non-directional, arbitrage, volatility-oriented and hedged positioning, focusing on the fluid and interconnected nature of both the underlying assets, as well as the pan-EM nature of these opportunities.”
Mar 9 2015 | 6:35am ET
As more investors look to diversify, many are beginning to use retirement funds to invest in alternative assets such as private equity and real estate. Kelly Rodriques, CEO & President of PENSCO Trust Company, explains how companies can connect with those looking to use their retirement accounts in a different way. Read more…
Mar 20 2015 | 12:45pm ET
StreetWise Partners, a non-profit organization that works with low-income individuals to help them overcome employment barriers, raised over $275,000 at the 2015 Raising the Ante Charity Poker Tournament and Casino Event last Wednesday evening at Capitale. Here are some photos from the event. Read more…