Tuesday, 30 September 2014
Last updated 2 min 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.”
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...