Friday, 28 November 2014
Last updated 4 hours ago
Jan 4 2007 | 11:24am ET
If your hedge fund manager offered you a 10% return for 2007 right now, would you take it? If Citigroup Alternative Investments is right, it might not be such a bad bet.
In a note, the group predicts that hedge funds will average 10% returns after fees, Reuters reports, better than most indices did last year, but trailing the Standard & Poor’s 500’s 13.6% return.
“The significant capital in the hand of private equity funds should be supportive for event-driven and merger-focused managers,” fund of hedge funds chief investment officer Ray Nolte wrote. Citigroup recommends long/short, global macro, managed futures and relative-value arbitrage strategies, as well.
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…
Reg NMS created a huge bifurcation in equity markets and while much of what has followed has been positive, in terms of lower fees and greater liquidity, many traders would like to see the market come...