Trusted Insighthttp://thetrustedinsight.com/2018-07-31T20:55:38.792733-04:00Trusted Insight, the world's largest platform for institutional investors with 40,000 LP investor professionals in 98 countries and territories around the globe. 30,000 institutional investors engage with Trusted Insight each week. They are actively investing in alternative assets, primarily private equity, hedge funds, real estate and private companies. Our users consist of pension funds, endowments, foundations, sovereign wealth funds, family offices, banks and insurance companies. 83% of Trusted Insight users continue to use the platform 6 months after initially signing up. Investors on the platform, on average manage in excess of $5 billion. We are a platform for qualified purchasers, not high net worth investors.
Aflac's Global CIO Talks Asset Allocation Strategy, More | Q&A With Eric Kirsch, Part 2
2018-07-31T20:55:38.792733-04:00https://www.thetrustedinsight.com/investment-news/aflacs-cio-talks-asset-allocation-strategy-more-q--20180731695/
Eric Kirsch is the executive vice president and global chief investment officer at Aflac, where he oversees the $100 billion-plus investment portfolio and investment teams based in New York and Tokyo. In part two of this interview, he discusses what it's like leading Aflac’s Global Investments team through very challenging periods, Aflac's asset allocation strategy and the three main trends that he foresees in the investment environment.
Lyxor: Hedge Fund Index Stays Flat In July As Trend-Following Strategies Underperform
2017-08-01T13:56:03.747780-04:00https://www.thetrustedinsight.com/investment-news/lyxor-hedge-fund-index-stays-flat-in-july-as-trend-following-strategies-underperform-20170801307/
Despite continued strength in risk assets and records in several asset classes, hedge funds were again range-bound last week (and for July in general) as positive performances from event-driven, fixed income and long/short equity strategies were offset by continued negative returns booked by CTAs and global macro funds.Â
Investors Are Leaving Hedge Funds For Real Estate
2017-07-20T11:45:12.955983-04:00https://www.thetrustedinsight.com/investment-news/investors-are-leaving-hedge-funds-for-real-estate-20170720099/
Wealthy investors boosted bets on real estate and left hedge funds and equities as concern over high valuations and geopolitical risk push them back to basics. They had 33 percent of their portfolios on average in real estate at the end of the second quarter, according to a survey by Tiger 21.
Black Swan Dexteritas
2017-07-09T08:39:53.782672-04:00https://www.thetrustedinsight.com/investment-news/black-swan-dexteritas-1-20170709878/
At Black Swan Dexteritas, we are dedicated to generating strong financial performance for our investors and fostering long-term relationships with our clients to create exceptional investment opportu...
Lyxor: Hedge Fund Index Dips 0.1% As Yields Rise
2017-07-05T12:36:05.764461-04:00https://www.thetrustedinsight.com/investment-news/lyxor-hedge-fund-index-dips-01-as-yields-rise-20170705820/
Hedge fund returns were widely dispersed last week as rising bond yields and falling energy prices boosted fixed income managers but hammered CTAs and long/short equity funds. read more
Black Swan Dexteritas
2017-06-27T14:39:23.242735-04:00https://www.thetrustedinsight.com/investment-news/black-swan-dexteritas-20170627637/
WHY INVEST IN A GLOBAL TECHNOLOGY HEDGE FUND?
The technology sector has traditionally served as an essential constituent in any investment portfolio, and we believe that innovation and invention often associated with this sector will ultimately drive the next leg of growth in the stock market. We seek out technology companies that have proprietary technologies which will provide them with the competitive advantage for sustainable growth, and favor companies that have a stellar track record in pushing the frontiers of technology in their respective subsectors. At BSD, we believe buying and holding these companies and are trading at reasonable valuations will maximize our returns and minimize our risks over the long term.
Asia Focused Hedge Funds Offer Great Opportunities
2017-06-21T12:36:05.431713-04:00https://www.thetrustedinsight.com/investment-news/asia-focused-hedge-funds-offer-great-opportunities-20170621502/
For the first time in several years, investors have begun expressing an interest in opportunities in Asia. Investors have shared increasing concerns about the high valuations of both the US equity and fixed income markets...
Lyxor: Hedge Fund Index Flat As CTAs Slip
2017-06-21T12:26:04.331458-04:00https://www.thetrustedinsight.com/investment-news/lyxor-hedge-fund-index-flat-as-ctas-slip-20170621500/
Hedge funds were flat last week as gained by macro and fixed income managers were broadly outweighed by losses in CTA strategies, according to new research from Lyxor Asset Management. The company’s Lyxor Hedge Fund Index was unchanged for the week through June 13, Lyxor said in its latest Weekly Brief. For the year to date, Lyxor’s metric is up +0.4%. Fixed Income managers were supported by the small rise in global sovereign bond yields during the week, with the firm’s Fixed Income Broad Index gaining 0.2%. It’s Global Macro Index, meanwhile, delivered minor gains of +0.1% due to long...
One Of The Hottest Hedge Fund Launches Of The Year Might've Found Itself A Name
2017-06-16T11:26:04.362695-04:00https://www.thetrustedinsight.com/investment-news/one-of-the-hottest-hedge-fund-launches-of-the-year-mightve-found-itself-a-name-20170616367/
It looks like a highly anticipated hedge fund that has been taking talent from Izzy Englander's $US35 billion fund has a potential name. ExodusPoint. The name was registered in a filing by Michael Gelband, and has been floated among industry insiders over the past several weeks. Gelband is Millennium's former fixed income head, and he has been in talks with Hyung Soon Lee, Millennium's former equity chief, to start their own fund.
Virtus Investment Partners Completes Acquisition Of RidgeWorth Investments
2017-06-01T14:55:17.782162-04:00https://www.thetrustedinsight.com/investment-news/virtus-investment-partners-completes-acquisition-of-ridgeworth-investments-20170601039/
Virtus Investment Partners, Inc. announced today that it has completed the previously announced acquisition of RidgeWorth Investments, a multi-boutique asset management firm that offers a wide range of institutional-quality equity and fixed income strategies from its affiliated and unaffiliated investment managers.
Why Infrastructure Investing Is Proving Popular With Investors
2017-05-19T16:36:54.097774-04:00https://www.thetrustedinsight.com/investment-news/why-infrastructure-investing-is-proving-popular-with-investors-20170519713/
Infrastructure has become a key area of focus for institutional investors as they look to diversify their fixed income portfolios to access longer term, resilient credit opportunities for income-like returns. Within this asset class, infrastructure debt is on the rise as investment managers look to construct new debt vehicles: either to provide direct lending to infrastructure operators, to access well-established municipal bond markets, or to structure their own private lending programs by issuing tranches of unlisted bonds.
Global Macro Exposure To European Equities Hits Five-year High
2017-04-20T17:11:04.131443-04:00https://www.thetrustedinsight.com/investment-news/global-macro-exposure-to-european-equities-hits-five-year-high-20170420773/
The Lyxor Hedge Fund Index was up 0.5 per cent in March, fuelled by fixed income strategies. read more
How Hewlett Foundation Positions Portfolio For The Unpredictable Future | Exclusive Q&A With CIO Ana Marshall - Part II
2017-04-07T11:16:28.064751-04:00https://www.thetrustedinsight.com/investment-news/how-hewlett-foundation-positions-portfolio-for-the-unpredictable-future-exclusive-qa-with-cio-ana-marshall-part-ii-20170407302/
<p dir="ltr">2016 was a peculiar yet interesting year for institutional investors -- index funds outperformed active equity managers; geopolitical factors such as the U.S. election, Brexit and political turbulences in European countries rattled the macroeconomic environment, making investing ever unpredictable and challenging for institutional investors.</p>
<p dir="ltr">In part two of Trusted Insight’s interview with Ana Marshall, chief investment officer of the William and Flora Hewlett Foundation, Marshall discusses these topics, her outlook on return prospect and interest rates, and her strategy to guard Hewlett Foundation’s portfolio against risks and uncertainties.</p>
More Asian Investors Eyeing Infrastructure Projects
2017-04-06T10:49:08.938627-04:00https://www.thetrustedinsight.com/investment-news/more-asian-investors-eyeing-infrastructure-projects-20170406263/
<p>Record low yields and negative interest rates are pushing investors from Japan to China into funding infrastructure projects across the globe to bolster ailing income, according to Australia's biggest listed wealth manager AMP.</p>
<p>Asian pension funds and insurers are ramping up investments in infrastructure debt around the world, as they seek to combat waning returns from traditional fixed income assets, said Ms Kerry Ching, managing director for Asia of the firm's investment arm, AMP Capital Investors.</p>
<p>The number of Asian investors in AMP's infrastructure debt strategies has more than tripled since 2012.</p>
$125B Manager Says Asia Investors Are Flocking To Infrastructure
2017-04-05T18:10:18.007656-04:00https://www.thetrustedinsight.com/investment-news/125b-manager-says-asia-investors-are-flocking-to-infrastructure-20170405247/
Record low yields and negative interest rates are pushing investors from Japan to China into funding infrastructure projects across the globe to bolster ailing income, according to Australia’s biggest listed wealth manager AMP Ltd. Asian pension funds and insurers are ramping up investments in infrastructure debt around the world including mezzanine offerings as they seek to combat waning returns from traditional fixed income assets, said Kerry Ching, managing director for Asia of the company’s investment arm, AMP Capital Investors.
CPPIB Pension Fund Concerned Over Rising Protectionism
2017-04-03T12:01:06.503478-04:00https://www.thetrustedinsight.com/investment-news/cppib-pension-fund-concerned-over-rising-protectionism-20170403105/
<p>The Canada Pension Plan Investment Board, one of the world's biggest investors, is concerned about the rise of protectionist trade policies, its chief executive told business leaders in Toronto on Friday.</p>
<p>The CPPIB, which manages Canada's national pension fund and invests on behalf of 20 million Canadians, has become one of the world's biggest global infrastructure and real estate investors as it seeks to diversify from public equity and fixed income markets.</p>
<p>Chief Executive Mark Machin told the Toronto Region Board of Trade that the pension fund had benefited from globalisation and would suffer from policies that make international trade more difficult.</p>
Lyxor: Hedge Fund Index Falls 0.3% As CTAs Suffer
2017-03-28T16:16:04.200279-04:00https://www.thetrustedinsight.com/investment-news/lyxor-hedge-fund-index-falls-03-as-ctas-suffer-1-20170328928/
A stumble by CTAs helped trim broad hedge fund performance for the second week in a row, according to the Lyxor Asset Management’s most recent Weekly Brief, although fixed income managers generally outperformed. In a repeat of last week’s result, Lyxor’s Hedge Fund Index dipped -0.3% for the week through March 21 and is now up 0.9% for the year to date. CTAs, which fell 1.6%, were hit primarily by long U.S. equity positioning while fixed income managers as tracked by Lyxor’s Fixed Income Broad Index benefitted from being long U.S. bonds and gained 0.4%, according to the research note. ...
Dubai's Arqaam Capital Launches Global Hedge Fund In Rare Move
2017-03-28T15:56:04.577992-04:00https://www.thetrustedinsight.com/investment-news/dubais-arqaam-capital-launches-global-hedge-fund-in-rare-move-20170328923/
DUBAI, March 27 (Reuters) - Dubai-based investment bank Arqaam Capital is launching a globally focused hedge fund, it said on Monday, becoming one of only a handful of local firms to offer such a product. Although Dubai has been growing rapidly as a banking centre, the local fund management industry has largely confined itself to traditional equity and fixed income funds which focus on the Middle East region. Areski Iberrakene, who will manage the new Cayman Islands-domiciled, British-regulated fund from London, said Arqaam was growing and wanted to diversify beyond the region....
Lyxor: Hedge Fund Index Falls 0.3% As CTAs Suffer
2017-03-28T15:41:04.162963-04:00https://www.thetrustedinsight.com/investment-news/lyxor-hedge-fund-index-falls-03-as-ctas-suffer-20170328920/
A stumble by CTAs helped trim broad hedge fund performance for the second week in a row, according to the Lyxor Asset Managementâs most recent Weekly Brief, although fixed income managers generally outperformed. read more
Zev Marynberg Reveals To Bloomberg The Investment Keys Of Its Top Performing Adar Macro Fund In 2017
2017-03-10T12:01:05.708323-05:00https://www.thetrustedinsight.com/investment-news/zev-marynberg-reveals-to-bloomberg-the-investment-keys-of-its-top-performing-adar-macro-fund-in-2017-20170310353/
NEW YORK--(BUSINESS WIRE)--Zev Marynberg, Founder and CIO of the hedge fund Adar Macro Fund, one of the top performing hedge funds of 2016 with a 33.5 percent return on investment in 2016, reveals in an interview with Bloomberg his investment strategy for 2017. âWe invest mainly in Latin America and Europe. We look for undervalued assets, mainly fixed income securities issued by sovereign or quasi-sovereign issuers, in countries where we believe macroeconomic changes will occur. We perform only
Citi Named Placement Agent of the Year by Private Debt Investor
2017-03-03T08:10:06.733547-05:00https://www.thetrustedinsight.com/investment-news/citi-named-placement-agent-of-the-year-by-private-debt-investor-20170303052/
<div class="bw-release-subhead">
<p class="bwalignc"><b>Bank Receives Top Honors in U.S., Europe</b></p>
</div>
<div class="bw-release-timestamp"><time datetime="2017-03-01T13:59:00Z" itemprop="dateModified">March 01, 2017 08:59 AM Eastern Standard Time</time></div>
<p>NEW YORK--(<span itemid="http://www.businesswire.com" itemprop="provider publisher copyrightHolder" itemscope="itemscope" itemtype="http://schema.org/Organization"><span itemprop="name"><a href="http://www.businesswire.com/" itemprop="url" rel="nofollow">BUSINESS WIRE</a></span></span>)--Citi was named Placement Agent of the Year by Private Debt Investor (PDI), a leading international publication covering the world’s private debt markets. The designation includes two separate wins regionally in both Europe and in the Americas, which encompasses the U.S., Canada, and Latin America.<br />
<br />
The winners of the annual global PDI awards are chosen by the magazine's readership, which represents over 23,000 across the globe, with institutional investors representing the largest segment. The publication annually recognizes the best and brightest industry participants helping to shape private debt markets.</p>
Citigroup Global Markets Citi Private Debt Private Equity Mezzanine Private Markets Fixed Income Direct Lending Asset Allocation Pensions Insurance Endowments Foundations Family Office PE Real Estate Infrastructure Nithin Johnson Head of Americas Peter Arnold Global Head International Fund Distribution
Fixed Income Arbitrage Outperforms In A Rising Rate Environment, Says Lyxor
2017-02-16T16:45:13.008915-05:00https://www.thetrustedinsight.com/investment-news/fixed-income-arbitrage-outperforms-in-a-rising-rate-environment-says-lyxor-20170216579/
Hedge fund performance is flat year to date, with Global Macro and CTAs down, while Fixed Income Arbitrage and Event Driven have outperformed, according to Lyxorâs latest Hedge Fund Brief. read more
Harvard Endowment Managers Said To Depart To Start Hedge Funds
2017-02-14T11:01:11.826508-05:00https://www.thetrustedinsight.com/investment-news/harvard-endowment-managers-said-to-depart-to-start-hedge-funds-20170214444/
Three money managers are planning to leave Harvard University’s struggling endowment to start their own hedge funds as the organization cuts staff and outsources investments. Portfolio managers Michele Toscani and Graig Fantuzzi, who each focus on fixed income at Harvard Management Co., are teaming up to start a hedge fund, according to people with knowledge of the matter. Sanjiv Bhatia, a portfolio manager who focuses on emerging market stocks at the $37.5 billion fund, is also setting up his own shop, said one of the people, who asked not to be named because the information is private. The three are among...
Investment Fund Manager Pays $15M For Gulf Stream Mansion
2017-02-09T15:55:08.215139-05:00https://www.thetrustedinsight.com/investment-news/investment-fund-manager-pays-15m-for-gulf-stream-mansion-20170209342/
A California and Texas-based investment fund manager paid $15 million for a beachfront Gulf Stream mansion, marking the second large home sale in the small Palm Beach County town in days. Records show James N. Alexander, founder and managing partner of Jasper Ridge Partners, and Bianca M.G. Alexander of Menlo Park, California, bought the house at 1255 North Ocean Boulevard. Jasper Ridge manages more than $15.2 billion in assets, including public equity, fixed income and hedge funds, according ... [more]
How The 10 Richest Universities Invest Their Money 2016
2017-02-06T12:02:38.937513-05:00https://www.thetrustedinsight.com/investment-news/how-the-10-richest-universities-invest-their-money-2016-20170206167/
In the United States, the ten largest university endowments manage a total of $177 billion in assets (close to a third of the national total). The ten largest endowments, eight of which manage greater than $10 billion in assets, like-mindedly have a stronger preference in alternative assets.
Will LendingRobot's New Product Put Hedge Fund Managers Out Of Business?
2017-01-27T14:05:08.532421-05:00https://www.thetrustedinsight.com/investment-news/will-lendingrobots-new-product-put-hedge-fund-managers-out-of-business-20170127901/
If you are tired of the ups and downs of the stock market, automated peer-to-peer investment company LendingRobot's CEO Emmanuel Marot says his new investment method will provide "predictable returns," with lower fees than a hedge fund. LendingRobot is expanding his original robo-advisor service, LendingRobot Classic, to a new investment method, called LendingRobot Series, as an alternative to fixed income investments, with average returns as high as 11.5%, the company announced Thursday. The new investment, will allow accredited investors to pool their monies and invest in four different securities made up of numerous marketplace loans from multiple originators, including online lending...
Sovereign Green Bonds: Poland Sets A Precedent
2017-01-20T14:28:10.758024-05:00https://www.thetrustedinsight.com/investment-news/sovereign-green-bonds-poland-sets-a-precedent-20170120650/
Demand in the Green Bond market has historically been driven largely by environmentally and socially responsible investors. As the market becomes more mainstream, the investor base has expanded to include pension funds, insurance companies, asset managers and retail investors. With growth in the diversity of issuer type and structure, Green Bonds have developed into an asset class of their own providing fixed income products that meet investors' underlying financial requirements, and enable them to show support for initiatives they deem to be important global priorities.
Ken Griffin's Flagship Fund Posts Worst Results In 8 Years
2017-01-17T17:15:37.358474-05:00https://www.thetrustedinsight.com/investment-news/ken-griffins-flagship-fund-posts-worst-results-in-8-years-20170117478/
The flagship fund at the gazillionaire's hedge fund firm, Citadel, recorded its worst results in eight years in 2016, according to trade rag Institutional Investor's Alpha....
$53B Norwegian Fund's ‘Scared Of Everything’ Model
2017-01-10T13:38:47.922953-05:00https://www.thetrustedinsight.com/investment-news/53b-norwegian-funds-scared-of-everything-model-20170110265/
With interest rates still close to historic lows and a series of global political shocks upending many investment strategies, Norway’s biggest life insurer, Kommunal Landspensjonskasse, says its approach is to be “scared of everything.”
Hedge Funds Weekly: January 9, 2017
2017-01-09T14:10:54.122821-05:00https://www.thetrustedinsight.com/investment-news/hedge-funds-weekly-january-9-2017-20170109240/
<h4 style="box-sizing: border-box; margin: 1.5em 0px 4px; padding: 0px; border: 0px rgb(210, 210, 210); font-variant-numeric: inherit; font-weight: 600; font-stretch: inherit; font-size: 18px; line-height: 1.1em; font-family: "Open Sans", HelveticaNeue, "Helvetica Neue", Helvetica, Arial, sans-serif; vertical-align: baseline; color: rgb(24, 24, 24);">Highlights</h4>
<ul style="box-sizing: border-box; margin: 0px 0px 20px 7px; padding-right: 0px; padding-left: 0px; border: 0px rgb(210, 210, 210); font-variant-numeric: inherit; font-stretch: inherit; font-size: 16px; line-height: inherit; font-family: "Open Sans", HelveticaNeue, "Helvetica Neue", Helvetica, Arial, sans-serif; vertical-align: baseline; list-style-position: outside; list-style-image: initial; color: rgb(24, 24, 24);">
<li style="box-sizing: border-box; margin: 0px 0px 0px 1em; border: 0px rgb(210, 210, 210); font-style: inherit; font-variant: inherit; font-weight: inherit; font-stretch: inherit; font-size: 15px; line-height: inherit; font-family: inherit; vertical-align: baseline; padding: 0px !important;">Our factor-based projections estimate that hedge funds added 0.55% last week as global equity gains fueled performance</li>
<li style="box-sizing: border-box; margin: 0px 0px 0px 1em; border: 0px rgb(210, 210, 210); font-style: inherit; font-variant: inherit; font-weight: inherit; font-stretch: inherit; font-size: 15px; line-height: inherit; font-family: inherit; vertical-align: baseline; padding: 0px !important;">Hedge funds are now up 0.55% for the month and year</li>
<li style="box-sizing: border-box; margin: 0px 0px 0px 1em; border: 0px rgb(210, 210, 210); font-style: inherit; font-variant: inherit; font-weight: inherit; font-stretch: inherit; font-size: 15px; line-height: inherit; font-family: inherit; vertical-align: baseline; padding: 0px !important;">All but one of the 30 hedge fund strategies we track earned positive returns</li>
<li style="box-sizing: border-box; margin: 0px 0px 0px 1em; border: 0px rgb(210, 210, 210); font-style: inherit; font-variant: inherit; font-weight: inherit; font-stretch: inherit; font-size: 15px; line-height: inherit; font-family: inherit; vertical-align: baseline; padding: 0px !important;">Aside from high quality foreign bonds, most asset groups worldwide notched gains</li>
<li style="box-sizing: border-box; margin: 0px 0px 0px 1em; border: 0px rgb(210, 210, 210); font-style: inherit; font-variant: inherit; font-weight: inherit; font-stretch: inherit; font-size: 15px; line-height: inherit; font-family: inherit; vertical-align: baseline; padding: 0px !important;">Equities rose in every major region and sector</li>
<li style="box-sizing: border-box; margin: 0px 0px 0px 1em; border: 0px rgb(210, 210, 210); font-style: inherit; font-variant: inherit; font-weight: inherit; font-stretch: inherit; font-size: 15px; line-height: inherit; font-family: inherit; vertical-align: baseline; padding: 0px !important;">Most fixed income securities gained globally</li>
<li style="box-sizing: border-box; margin: 0px 0px 0px 1em; border: 0px rgb(210, 210, 210); font-style: inherit; font-variant: inherit; font-weight: inherit; font-stretch: inherit; font-size: 15px; line-height: inherit; font-family: inherit; vertical-align: baseline; padding: 0px !important;">Energy commodities dipped, pulling down our broad index despite gains in every other commodity sector</li>
<li style="box-sizing: border-box; margin: 0px 0px 0px 1em; border: 0px rgb(210, 210, 210); font-style: inherit; font-variant: inherit; font-weight: inherit; font-stretch: inherit; font-size: 15px; line-height: inherit; font-family: inherit; vertical-align: baseline; padding: 0px !important;">Neither developed nor emerging market currencies moved significantly relative to the dollar</li>
<li style="box-sizing: border-box; margin: 0px 0px 0px 1em; border: 0px rgb(210, 210, 210); font-style: inherit; font-variant: inherit; font-weight: inherit; font-stretch: inherit; font-size: 15px; line-height: inherit; font-family: inherit; vertical-align: baseline; padding: 0px !important;">All of our short volatility and variance factors rose</li>
<li style="box-sizing: border-box; margin: 0px 0px 0px 1em; border: 0px rgb(210, 210, 210); font-style: inherit; font-variant: inherit; font-weight: inherit; font-stretch: inherit; font-size: 15px; line-height: inherit; font-family: inherit; vertical-align: baseline; padding: 0px !important;">Outside of commodities, trend following and momentum strategies tended to profit</li>
</ul>
NY Pension Fund Manager Charged In Massive Bribery Scheme Involving Crack And Hookers
2016-12-29T12:18:14.437460-05:00https://www.thetrustedinsight.com/investment-news/ny-pension-fund-manager-charged-in-massive-bribery-scheme-involving-crack-and-hookers-20161229993/
Kang was the director of fixed income and head of portfolio strategy and oversaw more than $2 billion of fixed-income business....
What The New Fed Rate Increase Means For Venture Capital
2016-12-16T08:58:16.521980-05:00https://www.thetrustedinsight.com/investment-news/what-the-new-fed-rate-increase-means-for-venture-capital-20161216553/
The Federal Reserve yesterday raised its benchmark interest rate to a range of 0.5 percent to 0.75 percent, up from 0.25 percent to 0.5 percent. People in the business of venture-backed startups were paying attention, too, and not because of the new range, which is still super low by historical standards. It’s what the move augurs – even higher interest rates in 2017 – that interests them.
Aviva Investors Launches Multi-strategy Fixed Income Fund
2016-12-14T10:00:12.011294-05:00https://www.thetrustedinsight.com/investment-news/aviva-investors-launches-multi-strategy-fixed-income-fund-20161214463/
Targeting an annual return of 3 per cent gross above cash over rolling three-year periods, the fund will focus on absolute risk-adjusted returns rather than a benchmark-relative approach.
UCITS: A Compelling Distribution Option For Hedge Fund Managers
2016-11-23T10:55:06.855087-05:00https://www.thetrustedinsight.com/investment-news/ucits-a-compelling-distribution-option-for-hedge-fund-managers-20161123662/
With investors concerned over the impact that a rising rate environment could have on their fixed income portfolios, the need to look for alternative solutions to hedge against, and even profit from, widening yields, is becoming paramount. James Williams (pictured) explores how alternative UCITS, which continue to enjoy positive inflows, are proving an appealing option to investors looking to diversify their investments.Â
Emory Endowment Earns 1.9 Percent In Fiscal Year 2016
2016-11-22T11:04:23.751755-05:00https://www.thetrustedinsight.com/investment-news/emory-endowment-earns-19-percent-in-fiscal-year-2016-20161122582/
Emory University’s endowment posted a 1.9 percent return, net of all fees, for the fiscal year ending Aug. 31, 2016, and was valued at $6.5 billion. The endowment earned 6.2 percent, annualized, for ...
Hedge Fund Exposure - Was The Election Timing Wrong?
2016-11-14T17:30:13.390812-05:00https://www.thetrustedinsight.com/investment-news/hedge-fund-exposure-was-the-election-timing-wrong-20161114213/
Hedge fund exposure to stock sectors and was adjusted after the US Presidential election, a JPMorgan Prime Brokerage survey shows. Immediately following the election, hedge funds could be seen making decided plays relative to stock sector categories which implied “Trump trades” as well as slightly adjusted leverage exposure, a JPMorgan Prime Brokerage report details. High-Grade Fixed Income and Equity Long/Short where the primary strategies that increased leverage before the US Presidential election, as a surprise victory swept Donald Trump to a stunning electoral college victory, winning Michigan and generating 306 electoral college votes. The popular vote total, like hedge fund...
U.S. Endowments, Pensions Reap Best Quarterly Returns Since 2014
2016-11-03T11:54:46.340851-04:00https://www.thetrustedinsight.com/investment-news/us-endowments-pensions-reap-best-quarterly-returns-since-2014-20161103740/
After a grueling year for performance, large U.S. university endowments and public pensions saw a bounce in the fiscal first quarter.
University endowments with more than $500 million in assets and pension funds with more than $1 billion each gained a median 3.7 percent in the first quarter through Sept. 30, according to results published Wednesday by Wilshire Trust Universe Comparison Service, a database provided by Wilshire Associates.
Have Endowments Adopted The Yale Model?
2016-11-03T11:38:30.410898-04:00https://www.thetrustedinsight.com/investment-news/have-endowments-adopted-the-yale-model-20161103735/
With limited data and only general information about their actual allocations, it can be difficult to identify the causes of the wide dispersion in the returns of endowments in 2016. Note the large s...
Hedge Fund Pine River Manager O'Connell Leaves For Paloma Partners
2016-10-31T16:40:06.331966-04:00https://www.thetrustedinsight.com/investment-news/hedge-fund-pine-river-manager-oconnell-leaves-for-paloma-partners-20161031552/
Michael O'Connell, who ran Pine River's capital structure arbitrage strategy, which seeks to profit off different valuations between a company's debt and equity, took with him a team that included Jo...
Hutchin Hill Plans to Close Hong Kong Office After 19 Months
2016-10-18T18:20:01.611846-04:00https://www.thetrustedinsight.com/investment-news/hutchin-hill-plans-to-close-hong-kong-office-after-19-months-20161018837/
Hutchin Hill Capital, the $3.4 billion New York-based hedge fund led by Neil Chriss, is shutting its 19-month-old Hong Kong office.
While the fund’s Pan-Asian Event Driven strategy has been “modestly profitable” since its inception, profits were driven “largely by its syndicate activities and the core Event book has not met our performance criteria,” according to a letter sent to investors Monday. Hutchin Hill will focus instead on opportunities in the U.S.
Metropolitan State Loses Least In Tough Year For College Endowments
2016-10-18T11:52:58.405463-04:00https://www.thetrustedinsight.com/investment-news/metropolitan-state-loses-least-in-tough-year-for-college-endowments-20161018769/
Metropolitan State University’s endowment bested six other Colorado colleges and universities in a poll by BusinessDen, keeping its losses to less than a percentage point in a year when even Harvard’...
Ontario Teachers’ Names Public Equities Chief
2016-10-18T11:51:11.158331-04:00https://www.thetrustedinsight.com/investment-news/ontario-teachers-names-public-equities-chief-20161018768/
Ontario Teachers’ Pension Plan (OTPP) has appointed Nicole
Musicco to lead its public equities team beginning next year....
Hedge Funds Help Wake Forest Buck Endowment Slump With Gain
2016-09-22T11:15:50.741280-04:00https://www.thetrustedinsight.com/investment-news/hedge-funds-help-wake-forest-buck-endowment-slump-with-gain-20160922564/
Much-maligned hedge funds helped Wake Forest University’s investment performance in fiscal 2016.
The endowment, managed by Verger Capital Management, gained 0.9 percent for the year ended June 30, driven by gains in hedge funds, fixed income, gold and emerging markets, Jim Dunn, Verger’s chief executive officer, said in an interview. The University of Minnesota’s fund also posted a positive return.
Malaysian Pension Fund Eyes More Tech Investments After Uber
2016-09-22T11:13:58.350054-04:00https://www.thetrustedinsight.com/investment-news/malaysian-pension-fund-eyes-more-tech-investments-after-uber-20160922563/
Malaysia’s $30-billion pension fund, Kumpulan Wang Persaraan (KWAP), is looking to pump in more money into technology firms, following its recent foray into the sector with an investment in what sour...
Malaysia Pension Fund KWAP Expects Lower Returns On PE Investments This Year
2016-09-21T11:56:18.801464-04:00https://www.thetrustedinsight.com/investment-news/malaysia-pension-fund-kwap-expects-lower-returns-on-pe-investments-this-year-20160921509/
Going forward, the fund aims at increasing its alternative income investments to about 15 per cent from the current 10 per cent and the fixed income assets lowered to 85 per cent. "Private equity has become a new normal in investment strategies, amid the current volatile and low interest rate environment," Wan Kamaruzaman said.
Hedge Funds Performance Shows Dispersion In August And For The Year - Mark Rzepczynski - Harvest
2016-09-06T18:20:10.977309-04:00https://www.thetrustedinsight.com/investment-news/hedge-funds-performance-shows-dispersion-in-august-and-for-the-year-mark-rzepczynski-harvest-20160906718/
<div>2016 is a year that is turning out to be a winner for relative value hedge funds focused on distressed and event driven strategies. These two along with special situations, equity market direction, and convertible arbitrage also proved to be the August winners. The losers for the month were fundamental growth and systematic CTA's. Both these strategies need movement in economic or firm-specific fundamentals which just did not occur for the month. Relative to the flat equity and fixed income markets, August performance for hedge funds was at best fair. </div>
Illinois Public Pension Deficits Will Grow As Investment Returns Shrink
2016-08-16T10:42:38.391928-04:00https://www.thetrustedinsight.com/investment-news/illinois-public-pension-deficits-will-grow-as-investment-returns-shrink-joe-cahill-business-blog-crains-chicago-business-20160816704/
Think a $111 billion pension funding shortfall is huge? Wait until reality takes another bite out of Illinois public employee retirement plans....
Brexit’s Biggest Fans Face New 115 Billion-Pound Pension Hole
2016-07-26T11:07:49.174584-04:00https://www.thetrustedinsight.com/investment-news/brexits-biggest-fans-face-new-115-billion-pound-pension-hole-20160726540/
Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world....
CalSTRS Investments Gain 1.4% as Pension Fund Misses Goal
2016-07-21T11:14:38.498228-04:00https://www.thetrustedinsight.com/investment-news/calstrs-investments-gain-14-as-pension-fund-misses-goal-20160721306/
<span style="color: rgb(67, 71, 75); font-family: open_sansregular, HelveticaNeue, Helvetica, Arial, sans-serif; line-height: 20.8px;">The California State Teachers’ Retirement System, the second-largest U.S. public pension fund, earned 1.4 percent in the 12 months through June, missing its return target for the second straight year.</span>
HFRI Gains As Sterling Falls On Brexit
2016-07-11T16:15:09.157164-04:00https://www.thetrustedinsight.com/investment-news/hfri-gains-as-sterling-falls-on-brexit-20160711798/
Hedge funds posted gains in June as global financial markets experienced massive dislocations across currency, equity, fixed income and commodity markets stemming from the result of the UK referendum on EU membership. read more
Hirtle Callaghan Announces 2016 Investment Leadership Award Recipient: Gloria D. Reeg
2016-06-30T15:34:16.321445-04:00https://www.thetrustedinsight.com/investment-news/hirtle-callaghan-announces-2016-investment-leadership-award-recipient-gloria-d-reeg-20160630372/
In recognition of her distinguished 40-year investment career, Hirtle Callaghan has presented its 2016 Investment Leadership Award to Gloria Reeg , retiring Chief Investment Officer for NewYork-Presbyterian Hospital System.
Brandywine Global Expands Global Fixed Income Team
2016-06-30T14:22:24.166809-04:00https://www.thetrustedinsight.com/investment-news/brandywine-global-expands-global-fixed-income-team-20160630369/
Brandywine Global Investment Management, a wholly-owned subsidiary of Legg Mason Inc., announced it added three members to its global fixed income team.
Hedge Funds Largely Mixed On Brexit Friday
2016-06-29T11:45:08.892188-04:00https://www.thetrustedinsight.com/investment-news/hedge-funds-largely-mixed-on-brexit-friday-20160629265/
As the dust settles around the Brexit and the extraordinary dislocations in global currency, equity, commodity and fixed income markets that have occurred as a result, initial index data from HFR suggests hedge funds as a whole were mixed in their ability to navigate the intense volatility.
NC Pension Fund Investments Gain 1 Percent In Q1
2016-06-16T11:13:04.882130-04:00https://www.thetrustedinsight.com/investment-news/nc-pension-fund-investments-gain-1-percent-in-q1-20160616603/
North Carolina’s pension fund, dragged down by its stock portfolio, posted a 1 percent gain on investments in the first quarter....
New York’s $178 Billion Pension Sees Returns Lag As Stocks Fall
2016-06-14T10:59:29.855665-04:00https://www.thetrustedinsight.com/investment-news/new-yorks-178-billion-pension-sees-returns-lag-as-stocks-fall-20160614459/
Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world....
Point72 London Hires Ex-Credit Suisse Macro Trader
2016-06-14T10:11:27.022272-04:00https://www.thetrustedinsight.com/investment-news/point72-london-hires-ex-credit-suisse-macro-trader-20160614444/
Credit Suisse’s former fixed income professionals continue to find new homes, and Steve Cohen’s family office continues to hire. In a confluence of the two trends, Point72 Asset Management recently recruited ex-Credit Suisse director Vincent Pagès.
Exclusive: Pine River To Shutter Fixed Income Fund, Spin Out China Fund
2016-06-07T14:23:00.602078-04:00https://www.thetrustedinsight.com/investment-news/exclusive-pine-river-to-shutter-fixed-income-fund-spin-out-china-fund-1-20160607040/
BOSTON (Reuters) - Hedge fund Pine River Capital Management is closing its Pine River Fixed Income fund and returning roughly $1.6 billion in assets to investors just two months after the firm said...
World Faces Pensions Crisis, Warns OECD
2016-06-07T11:03:25.886990-04:00https://www.thetrustedinsight.com/investment-news/world-faces-pensions-crisis-warns-oecd-20160607985/
The stark findings by the Organisation for Economic Co-operation and Development (OECD) will be presented in a report this week that highlights the impact of ultra-low interest rates on global retire...
Exclusive: Pine River To Shutter Fixed Income Fund, Spin Out China Fund
2016-06-06T15:35:09.035416-04:00https://www.thetrustedinsight.com/investment-news/exclusive-pine-river-to-shutter-fixed-income-fund-spin-out-china-fund-20160606948/
BOSTON (Reuters) - Hedge fund Pine River Capital Management is closing its Pine River Fixed Income fund and returning roughly $1.6 billion in assets to investors just two months after Steve Kuhn, one...
Orange County Pension: Meketa In, NEPC Out
2016-05-31T10:57:28.382745-04:00https://www.thetrustedinsight.com/investment-news/orange-county-pension-meketa-in-nepc-out-20160531501/
The Boston-based firm beat out five other bidders, and won Orange County’s grueling 56-page RFP for a new general consultant....
Exclusive Q&A: Leslie Lenzo, CIO, Advocate Health Care
2016-05-20T11:56:03.501530-04:00https://www.thetrustedinsight.com/investment-news/leslie-lenzo-cio-advocate-health-care-exclusive-qa-20160520951/
Leslie Lenzo<span style="line-height: 20.8px;"> is the chief investment officer of </span>Advocate Health Care<span style="line-height: 20.8px;">, overseeing a total asset portfolio of more than $6.5 billion. Ms. Lenzo was recently named on Trusted Insight’s ranked list of </span>Top 30 Hospital Chief Investment Officers<span style="line-height: 20.8px;">. </span>
NY State Pension To Bolster Investment Team
2016-04-28T12:07:32.968237-04:00https://www.thetrustedinsight.com/investment-news/ny-state-pension-to-bolster-investment-team-20160428405/
The $178.3 billion fund, the third largest public pension in the US, is seeking talent in risk, fixed income, and real assets....
Weatherbys Hires Family Office Investment Head
2016-04-25T12:09:44.856806-04:00https://www.thetrustedinsight.com/investment-news/weatherbys-hires-family-office-investment-head-20160425186/
Weatherbys Private Bank has appointed John Butters as chief investment officer, a newly created role.
AP Pension ramps up high-yield investments, appoints Babson
2016-04-05T11:41:37.556267-04:00https://www.thetrustedinsight.com/investment-news/ap-pension-ramps-up-high-yield-investments-appoints-babson-20160405638/
Federal civil servants at two government ministries are searching for a workable policy to promote occupational pensions...
Ontario Teachers' Mock Undeterred by Attacks on Brussels Airport
2016-03-30T16:45:41.531520-04:00https://www.thetrustedinsight.com/investment-news/ontario-teachers-mock-undeterred-by-attacks-on-brussels-airport-20160330471/
The terror attacks in Brussels won’t change the Ontario Teachers’ Pension Plan’s strategy of investing in infrastructure, Chief Executive Officer Ron Mock said.
Ontario Teachers’, Canada’s third-largest pension fund, owns 39 percent of the main Brussels airport, and at this point has no estimates on the monetary costs of the attacks or when the airport will reopen, Mock said.
The pension fund had about C$15.7 billion ($12.1 billion) invested in infrastructure at the end of December. Mock said the March 22 attacks won’t change Teachers’ strategy.
“Those kinds of risks are always taken into account when we conduct our due diligence,” Mock told reporters in Toronto Wednesday. “We think about these things in a very broad sense. Whether you own a shopping mall or an investment in restaurants or anything. The reality is you have to think broadly about these issues.”
In College Endowment Returns, Davids Beat the Goliaths
2016-03-10T11:24:24.583186-05:00https://www.thetrustedinsight.com/investment-news/in-college-endowment-returns-davids-beat-the-goliaths-20160310288/
In the world of money management, bigger is often considered better. College and university endowments greater than $1 billion, for example, have long outperformed their smaller rivals....
Exceptional Excess Returns In Listed Equity Drive Princeton's Outperformance In 2015
2016-03-08T15:00:16.471012-05:00https://www.thetrustedinsight.com/investment-news/exceptional-excess-returns-in-listed-equity-drive-princetons-outperformance-in-2015-20160308182/
Princeton’s fiscal 2015 treasurer’s report gave further details into the university’s $22.7 billion endowment’s performance, which significantly outperformed benchmarks. Overall, the endowment returned 12.7% vs. a policy return of 6.2%.
Most Consistent Top Performing Hedge Funds & Forecast For 2016
2016-03-07T16:00:23.324850-05:00https://www.thetrustedinsight.com/investment-news/most-consistent-top-performing-hedge-funds-forecast-for-2016-20160307095/
In November 2015, Preqin conducted surveys with over 500 hedge fund managers and institutional investors from across the globe to ascertain their views on the hedge fund industry and their outlook for the year ahead. In this article, we take a closer look at some of the key trends that emerged from the survey results as we make our predictions for the year ahead. The performance of the hedge fund sector is likely to come under even more scrutiny in 2016. Investor satisfaction with the performance of their hedge fund portfolios declined from the end of 2013 to the end...
Hennessee Group: Hedge Funds Lose -3.59% In January
2016-03-07T11:30:14.605009-05:00https://www.thetrustedinsight.com/investment-news/hennessee-group-hedge-funds-lose-359-in-january-20160307063/
Hedge funds were hammered in January due to a dramatic mix of growth concerns, energy & commodity declines, fears of Fed rate hikes and a looming president election, according to a recent report by veteran hedge fund industry observer Hennessee Group.
Princeton Endowment Shows Exceptional Equity Excess Returns In 2015
2016-03-05T14:00:12.137612-05:00https://www.thetrustedinsight.com/investment-news/princeton-endowment-shows-exceptional-equity-excess-returns-in-2015-20160305999/
Princeton’s fiscal 2015 treasurer’s report gave further details into the university’s $22.7 billion endowment’s performance, which significantly outperformed benchmarks. Overall, the endowment returned 12.7% vs. a policy return of 6.2%.
HFR: Emerging Market Hedge Funds Slammed In January; Performance, Assets Decline
2016-03-04T18:00:19.390039-05:00https://www.thetrustedinsight.com/investment-news/hfr-emerging-market-hedge-funds-slammed-in-january-performance-assets-decline-20160304975/
Concerns about slowing growth in China, a weakening yuan, falling energy prices and geopolitical risk torpedoed emerging market hedge funds in January, according to the latest data from industry data provider Hedge Fund Research. HFR’s HFRI Emerging Markets Index dropped -5.4% for the month, following a -3.2% decline in 2015, according the newest edition of the company’s Asian and Emerging Markets Industry Report. Total emerging markets hedge fund capital declined by $8.5 billion during the period to $182 billion, erasing the FY 2015 asset increase of $7.5 billion, HFR noted in a statement. Unsurprisingly, volatility in China was at the...
Antoine Estier Said To Be Leaving BTG Pactual LLP After 80% Cut In Bonuses
2016-03-02T15:00:12.484694-05:00https://www.thetrustedinsight.com/investment-news/antoine-estier-said-to-be-leaving-btg-pactual-llp-after-80-cut-in-bonuses-20160302830/
Antoine Estier, the ex-UBS trader in charge of BTG Pactual's London hedge fund, is said to be leaving.
Hedge Fund Money Flowing Back To Bets That VIX At 20 Won't Last
2016-02-29T11:30:19.522477-05:00https://www.thetrustedinsight.com/investment-news/hedge-fund-money-flowing-back-to-bets-that-vix-at-20-wont-last-20160229688/
Hedge funds and investors in exchange-traded notes are plowing money into bets that pay off should last week’s soothing of U.S. stock market turbulence prove temporary. With the Chicago Boards Options Exchange Volatility Index closing below 20 for just the third time this year, a pair of securities that track the gauge have seen combined inflows of $140 million over the last week after losing almost $1 billion to start 2016. Hedge...
Expert Comment: “The Five Bond Markets I’m Buying Right Now”
2016-02-24T10:30:13.925183-05:00https://www.thetrustedinsight.com/investment-news/expert-comment-the-five-bond-markets-im-buying-right-now-20160224427/
JP Morgan Asset Management Global Bond Opportunities fund manager Nick Gartside believes the economy faces two main risks: a lack of growth and a lack of inflation… Growth and inflation [...]
CPPIB Partners In $555M Buy Of Florida Seniors Housing
2016-02-23T18:30:10.348838-05:00https://www.thetrustedinsight.com/investment-news/cppib-partners-in-555m-buy-of-florida-seniors-housing-20160223413/
Canada Pension Plan Investment Board (CPPIB) and Welltower Inc. announced today that they have formed a joint venture to purchase a 97.5% interest in a portfolio of six seniors housing properties in Florida, known as Aston Gardens. CPPIB is a 45% owner of the joint venture and Welltower owns the remaining 55%. The aggregate purchase price was US$555 million for the interest of the joint venture. Discovery Senior Living (DSL) owns the remaining 2.5% and operates the properties.
The Ten Biggest Hedge Fund Trends For 2016
2016-02-23T11:03:41.989032-05:00https://www.thetrustedinsight.com/investment-news/the-ten-biggest-hedge-fund-trends-for-2016-20160223363/
Investment Week Agecroft outlines things to expect in the coming year More hedge funds shutting down, continued pressure on fees and success for smaller managers are predicted as the biggest trends in the hedge fund industry by consulting firm Agecroft.
Weekly Brief: Hedge Funds Down But Not Out
2016-02-20T18:00:18.484477-05:00https://www.thetrustedinsight.com/investment-news/weekly-brief-hedge-funds-down-but-not-out-20160220305/
Renewed selling pressure has translated into sharp losses for risk assets lately, with the European banking sector at the forefront of the selloff.
Hedge Funds Place Bets On Morgan Stanley; Some Exit Valeant
2016-02-20T15:30:15.897309-05:00https://www.thetrustedinsight.com/investment-news/hedge-funds-place-bets-on-morgan-stanley-some-exit-valeant-20160220295/
By Svea Herbst-Bayliss and Sam Forgione NEW YORK/BOSTON (Reuters) – Top U.S. hedge fund management firms, including Dan Loeb’s Third Point LLC, took new positions in Morgan Stanley during the fourth quarter, ahead of the bank’s cost-cutting measures and bond-management reshuffling. Third Point purchased 3 million shares, while Carlson Capital bought 2.2 million shares to […]
AII Barometer: Hedge Funds’ Remarkable Resilience In Turmoil
2016-02-20T15:00:19.314701-05:00https://www.thetrustedinsight.com/investment-news/aii-barometer-hedge-funds-remarkable-resilience-in-turmoil-20160220293/
The Lyxor Hedge Fund Index was down -0.9% in January. 5 out of 11 Lyxor Indices ended the month in positive territory.
Bear Market In Indian Equities Seen Driving Money To Bond Funds
2016-02-19T11:00:11.543026-05:00https://www.thetrustedinsight.com/investment-news/bear-market-in-indian-equities-seen-driving-money-to-bond-funds-20160219229/
Indian fixed-income mutual funds are benefiting from an equity selloff that’s driven the benchmark stock gauge into a bear market. Kotak Mahindra Asset Management Co. and Axis Asset Management Co. predict increased inflows for debt plans, which in January took in the highest amount in three months as demand for equity products moderated. Rupee sovereign bonds returned 8.1 percent last year, while the S&P BSE Sensex index slumped 5 percent. The cost...
Ford Pension Plans Cut Equity And Event For Macro And Multi-Strat
2016-02-18T18:30:19.057589-05:00https://www.thetrustedinsight.com/investment-news/ford-pension-plans-cut-equity-and-event-for-macro-and-multi-strat-20160218210/
By Simon Kerr, Publisher of Hedge Fund Insight The investment strategy allocation of portfolios of hedge funds is a function of the target return and drawdown tolerance of the end investor over a multi-year period. The pension plans of the Ford Motor Company are part way through a five-year de-risking process – the U.S. […]
Hedge Funds Demonstrate Remarkable Resilience In Turmoil
2016-02-14T17:30:11.336450-05:00https://www.thetrustedinsight.com/investment-news/hedge-funds-demonstrate-remarkable-resilience-in-turmoil-20160214053/
The Lyxor Hedge Fund Index was down 0.9 per cent in January, despite positive performance from five out of the 11 Lyxor Indices, according to Lyxor’s latest Alternative Investment Industry Barometer. The Lyxor CTA Long Term Index (+2.2 per cent), the Lyxor Global Macro Index (+0.7 per cent), and the Lyxor Fixed Income Arbitrage Index (+0.7 per cent) were the month’s best performers.
Fuze Racks Up $112M In Summit Partners-Led Round
2016-02-12T18:00:11.947050-05:00https://www.thetrustedinsight.com/investment-news/fuze-racks-up-112m-in-summit-partners-led-round-20160212972/
Fuze (formerly ThinkingPhones), the leader in global voice, video, and collaboration, today announced that it has closed $112 million in financing led by Summit Partners.
Lyxor: Hedge Fund Index Gains 0.3% On Global Macro Performance
2016-02-12T11:30:11.870702-05:00https://www.thetrustedinsight.com/investment-news/lyxor-hedge-fund-index-gains-03-on-global-macro-performance-20160212934/
Recent market action has supported hedge fund strategies with significant exposure to currency and fixed-income trends, according to Lyxor Asset Management’s most recent Weekly Brief. The Lyxor Hedge Fund Index was up 0.3% in the week through February 2, outperforming the MSCI World Index by a small margin. All sub-strategies except Fixed Income contributed to the performance, with Global Macro funds primarily supported by short positions on the yen and long duration positions in U.S. fixed income. The company’s CTA and Long/Short Equity measures were largely flat, each eking out gains of 0.1%, while Event-Driven booked 0.2%. Global Macro performed...
Canada Pension Assets Grow to $204 Billion With Weak Loonie
2016-02-11T13:30:54.143258-05:00https://www.thetrustedinsight.com/investment-news/canada-pension-assets-grow-to-204-billion-with-weak-loonie-20160211892/
Canada Pension Plan Investment Board posted a 4.6 percent gross return in the fiscal third quarter as the value of its foreign holdings were bolstered by a declining currency.
Assets under management at the country’s largest pension fund grew 18 percent to C$282.6 billion ($203.5 billion) during the quarter ended Dec. 31, up from about C$239 billion a year earlier, according to results released Wednesday. The fund returned 6.3 percent for the first nine months of the year.
"The returns you are seeing in terms of foreign equities in large measure is due to the weakness in the Canadian dollar," Mark Wiseman, Canada Pension chief executive officer, said in an interview.
As a result, the value of the fund’s total private and public equity portfolios grew more than 15 percent year over year during the quarter, boosted by those in emerging markets that were up 34 percent year over year, according to the fund’s quarterly results.
Certain Hedge Fund Strategies Attracting Assets
2016-02-07T18:30:18.351248-05:00https://www.thetrustedinsight.com/investment-news/certain-hedge-fund-strategies-attracting-assets-20160207669/
New York (HedgeCo.net) – As the hedge fund industry continues to grow, it also continues to face changes. The industry has seen its share of detractors in recent years, but it also continues to attract new assets. Some strategies have […]
The Secretive Hedge Fund That's Generating Huge Profits For Yale
2016-02-06T10:30:11.100304-05:00https://www.thetrustedinsight.com/investment-news/the-secretive-hedge-fund-thats-generating-huge-profits-for-yale-20160206596/
In a year when titans Bill Ackman and David Einhorn each lost more than 20 percent for their investors, David Swensen’s bet on a little-known hedge fund kept making him money. Nancy Zimmerman’s Bracebridge Capital has gone from $5.8 billion in assets four years ago to $10.3 billion today with a return of about 10 percent a year since its inception. That makes it the largest hedge fund in the world run by a...
How to Build A Family Office Environment
2016-02-01T16:30:11.636810-05:00https://www.thetrustedinsight.com/investment-news/how-to-build-a-family-office-environment-20160201301/
Ira Walker looks for ways to re-create his service model and over the years since I first met him in 1988 he has done so to adapt to his clients' ultra-high-net-worth needs. Now as a managing directo...
Chicago School Bond Sale May Attract Unusual Investors
2016-01-27T14:00:12.811210-05:00https://www.thetrustedinsight.com/investment-news/chicago-school-bond-sale-may-attract-unusual-investors-20160127077/
(Reuters) - Chicago's struggling public school district could lure hedge funds and other investors with an unusual opportunity to buy high-yield municipal assets while pivoting attention away from...
Putting The Hedge Back In Hedge Funds
2016-01-27T13:30:20.315975-05:00https://www.thetrustedinsight.com/investment-news/putting-the-hedge-back-in-hedge-funds-20160127074/
Despite being the financial boogeyman, kicked around by politicians and vilified on television, hedge funds are a smart way to protect hard-won investment gains as well as garner a certain amount of liquidity during periods of market stress. Like now. But the term “hedge funds” is broad. For instance, this past week Bank of America announced that hedge funds just bought a record amount of equities during the market plunge, yet the next day the Wall Street Journal reported that many hedge-fund managers have stepped aside and are “stockpiling cash.” So which is it? Probably both, after all, “hedge funds”...
Proterra Investment Partners Launches As Black River PE Spinout
2016-01-27T11:29:28.927740-05:00https://www.thetrustedinsight.com/investment-news/proterra-investment-partners-launches-as-black-river-pe-spinout-20160127060/
<span style="line-height: 18.9091px;">Black River’s private equity business has emerged as an employee-owned, standalone investment advisor focused on natural resources-related investments. </span><span style="line-height: 18.9091px;">The new firm, named Proterra Investment Partners, became effective January 1, according to a statement released today. Prior to its launch, the Proterra team managed the Black River private equity business and related funds of Black River Asset Management.</span>
Institutional Investors To Embrace Illiquid Assets, Active Management In 2016
2016-01-25T15:02:50.668041-05:00https://www.thetrustedinsight.com/investment-news/institutional-investors-to-embrace-illiquid-assets-active-management-in-2016-20160125969/
Many investors are looking to illiquid assets to insulate themselves from market volatility and reap the rewards of illiquidity premia.
Gold Futures Settle At A Nearly Two-Week High As Stocks Sell Off
2016-01-21T15:59:25.127520-05:00https://www.thetrustedinsight.com/investment-news/gold-futures-settle-at-a-nearly-two-week-high-as-stocks-sell-off-20160121876/
Gold futures climbed back above $1,100 an ounce on Wednesday to settle at their highest level in almost two weeks, as oil prices renewed their slump and dragged global stock markets along with for the ride, lifting the metal’s investment appeal.
Hedge Fund AUM Up $77B In 2015, Doubling 2014 Amount
2016-01-19T18:00:13.417935-05:00https://www.thetrustedinsight.com/investment-news/hedge-fund-aum-up-77b-in-2015-doubling-2014-amount-20160119772/
2015 did not end with much pomp and circumstance and was a challenging year for managers. Hedge funds ended 2015 on a low note with the Eurekahedge Hedge Fund Index down 0.70% in December, while the MSCI World Index declined 2.23% during the month. Overall for 2015, hedge funds were up 1.45% (their lowest annual return on record since 2011) amid a challenging market environment. Meanwhile underlying markets as represented by the MSCI World Index ended the year in the red, down 0.48%. On the back of ongoing macroeconomic themes, central bank policy has been dominating the news for the...
10 Hedge Fund Predictions For 2016
2016-01-15T18:30:20.250589-05:00https://www.thetrustedinsight.com/investment-news/10-hedge-fund-predictions-for-2016-20160115645/
In 2016, hedge fund investors’ return expectations will trend lower, while industry assets reach a new high, according to Donald Steinbrugge, founder and managing partner of Agecroft Partners. In a highly competitive marketplace, Steinbrugge says, hedge funds will need a high-quality sales and marketing strategy in order to raise assets. For the seventh consecutive year, Agecroft, a hedge fund and consulting firm, predicts industry trends through its contact with some 2,000 institutional investors and hundreds of hedge fund firms. Hedge fund performance is driven by a combination of manager skill and market-driven returns — alpha and beta. From 2009 to...
Hedge Funds Stars Join Losers' Club For The First Time
2016-01-13T10:55:32.441328-05:00https://www.thetrustedinsight.com/investment-news/hedge-funds-stars-join-losers-club-for-the-first-time-20160113491/
NEW YORK: An elite group of hedge fund managers must have awakened on Jan. 1 with an unusual type of hangover: their first annual loss. Large funds managed by King Street Capital Management, CQS, Pine River Capital Management, Metacapital Management, DW Partners and Libremax Capital were among those that lost money, or were on track to, in 2015 for the first time, according to people familiar with the firms and private performance information seen by Reuters. Until last year, the funds had achieved gains in any market, a feat many managers pitch but few accomplish. But 2015 proved challenging for...
Hedge Fund Professionals Are Trying To Move Across To Long-only Asset Management
2016-01-13T10:51:14.536118-05:00https://www.thetrustedinsight.com/investment-news/hedge-fund-professionals-are-trying-to-move-across-to-long-only-asset-management-20160113489/
Hedge funds are losing their allure - traders and portfolio managers are trying to move to sleepier long-only funds.
KKR: Evolution and Future
2016-01-07T16:54:52.487877-05:00https://www.thetrustedinsight.com/investment-news/kkr-evolution-and-future-20160107235/
Henry Kravis and George Robert in a interview explaining how KKR has grown from just private equity or LBO to having a fixed income or debt funds as well. They also discuss where they see KKR in the...
Grading Bill Gross At Janus
2016-01-06T13:00:14.048340-05:00https://www.thetrustedinsight.com/investment-news/grading-bill-gross-at-janus-20160106128/
Learn about how Bill Gross, once the head of the largest mutual fund in the market, has had poor investment results at his new fund.
Agecroft Partners’ Top 10 Hedge Fund Industry Trends For 2016
2016-01-06T12:00:13.914589-05:00https://www.thetrustedinsight.com/investment-news/agecroft-partners-top-10-hedge-fund-industry-trends-for-2016-20160106121/
Each year, Agecroft Partners predicts the top hedge fund industry trends through their contact with more than 2,000 institutional investors and hundreds of hedge fund organizations. Below are Agecroft’s predictions for the biggest trends in the hedge fund industry for 2016.