Hedge funds
Convertible arbitrage hedge fund strategies continue to outperform
Developed Europe-focused funds report positive gains
Hedge fund investors divided on SAC probe
SAC hopes to put an insider trading probe by the US Securities and Exchange Commission behind it after agreeing to pay a record fine, but hurdles still remain
Hedge fund managers challenged to provide investor solutions, not products
Hedge funds are under pressure to differentiate and explain their worth concludes a survey by SEI. Managers need to work with investors to find portfolio solutions rather than offer products
Commodity trader CF Partners launches first hedge fund
CF Partners, active in the commodities market since 2006, has launched a long/short equity hedge fund after hiring Alvaro Ventosa from Spanish fund manager Cygnus Asset Management
Apex offers low-cost option for hedge fund start-ups
Apex Fund Services is providing start-up hedge fund managers with a range of options to keep costs down, including free office space in several major cities around the globe. It will also offer advice
AIFM Directive: investment managers ‘must prepare now’
Preparations must be made before AIFM Directive implemented on July 22, 2013
Turning Points: Bill Perkins, Skylar Capital Management
Bill Perkins, founder of Skylar Capital Management, sees opportunities in US natural gas markets, even as depressed prices and low volatility prompt other traders to pull back. Alexander Osipovich reports
Hedge funds split on outlook for junk bonds
Split on junk
AIFM directive unlikely to cause significant changes in Cayman
The Cayman Islands Monetary Authority has opened negotiations with Esma on a co-operation agreement on the EU’s AIFM directive. Separately, its consultation on hedge fund directorships has closed
Elkhorn Fund: Sanborn Kilcollin Partners
Fighting the Fed
Ucits hedge funds continue to underperform hedge funds
Ucits hedge funds underperform hedge funds
Mandate Watch: Citi, SGSS and BNY Mellon win mandates
Outsourcing drives mandate growth
Hedge funds fall short on compliance
Operational due diligence analysts find more red flags in hedge funds’ compliance and regulatory functions than any other area
China introduces registration for hedge funds
Amendments to China's Securities Investment Funds Law, effective from June 2013, will for the first time recognise hedge funds. This could lead to the establishment of a Chinese hedge fund industry
Falling correlations signal better times for equity long/short hedge funds
Analysis from JP Morgan shows strong relationship between intra-stock correlation and equity long/short hedge fund returns
Lansdowne's Ruddock to depart; DE Shaw gains two
The latest appointments within hedge funds and funds of hedge funds as well as related service industries.
China shows signs that it is moving towards opening to hedge funds
China is showing encouraging signs that it is willing to open its market to foreign investors and funds. Hedge funds are still excluded from the market but steps are being taken in the right direction.
Institutional investors shift portfolio allocations to hedge funds
Institutional investors are set to allocate 11% more to hedge funds this year, according to a Deutsche Bank survey. Less money is flowing to FoHFs while emerging managers are in favour.
Hedge Funds Review European Single Manager Awards 2013 open for entries
Hedge funds with a significant presence in Europe are invited to enter the European Single Manager Awards. The awards recognise the best hedge funds, judged on quantitative and qualitative criteria.
Hedge funds grapple with Solvency II look-through test
Clear and present data
Hedge fund AUM hits $2.6 trillion in 2012
Hedge funds finished 2012 in positive territory, according to eVestment. Despite reports of investor dissatisfaction, performance contributed with $116.3 billion increasing overall AUM in 2012.
Cheyne Capital continues to find opportunities and performance in five asset classes
Opportunistic collaborators
Overall hedge fund performance needs to remain positive to keep investor interest
Beginning again from the end
Turning points: Frédéric Lasserre, Belaco Capital
Recent years have seen an outflow of commodity derivatives talent from banks towards hedge funds and independent traders. This is the path trodden by Frédéric Lasserre, former head of Société Générale Corporate & Investment Banking’s commodity research…