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Topic: hedge funds
Hedge funds finished a tumultuous year of trading with double-digit returns, the best annual performance since 2009.
Equity hedge strategies led the performance of the industry with gains that were inversely correlated to sharp equity market declines, according to Hedge Fund Research (HFR).
Hedge funds posted mixed declines in September as investor risk tolerance fell over uncertainty regarding renewed coronavirus spreading in Europe and the US, the strength of the US economy and the upcoming US election, Hedge Fund Research (HFR) reported.
Research by KPMG and the Alternative Asset Management Association finds that hedge funds have adapted well to the effects of the coronavirus pandemic with many firms continuing to hire and using technology to deal with the new business environment. Based on a survey of 144 hedge fund managers globally with an estimated $840 billion in assets under management, the report found that they have continued to make strategic hires, as the new decentralised nature of working creates opportunities for managers to reach outside of their normal captive locations in the search for new talent.
Hedge funds continued their surge in August, supported by the robust performance of global equity markets helped by encouraging news about the development of a COVID-19 vaccine and improving macroeconomic data.
July has marked one of the best performances on record for the hedge fund industry.
The parallels to the 2008 crisis are evident. In March, both the losses and the hedge funds’ performance dispersion were almost exactly like 11 years ago.
Hedge funds continued to perform better than overall equity markets in March, as stock markets in the US and Europe saw their most severe decline since 1987.
Hedge funds were always meant to come into their own when market volatility increases.
As climate change and inequality are dominating the media and public agenda, a growing number of institutional investors are basing their investment allocations on environmental, social and governance (ESG) criteria and are forcing alternative funds to take these factors into account in their portfolios.
Despite a steady flow of new European-based funds, hedge fund launches in the third quarter of this year have fallen to the lowest level since 2008, according to research firm HFR.
Hedge funds continued their positive performance this year with the Eurekahedge Hedge Fund Index gaining 1.82% in June.
North American funds ended 2018 with their worst month post-crisis, with losses of 3.29 percent in December as equity markets were impacted by the Federal Reserve’s interest rate hike, data provider Eurekahedge reported.
Despite record-high industry assets under management of about $3.2 trillion, the hedge fund industry is struggling.
Hedge funds returned 0.56 percent in April as equity markets such as the MSCI World Index gained 1.18 percent, data provider Eurekahedge reported in a flash update of its Hedge Fund Index results.
Hedge funds recorded a second consecutive month of losses as the Eurekahedge Hedge Fund Index declined 0.51 percent in March.
The number of Cayman-registered funds continued to decline in 2016, but the value of the assets managed by such entities increased that year, according to the Cayman Islands Monetary Authority’s recently released 2016 Investments Statistical Digest.
The average hedge fund returned 3.14 percent in the first half of 2017. Almost 75 percent of managers showed positive returns and another 18 percent outperformed such equity benchmarks as the MSCI AC World Index, data provider Eurekahedge reported.
Hedge funds overall returned 0.31 percent in May, the fifth consecutive growth month this year.
GAIM Ops Cayman, one of the largest financial conferences on Cayman’s events calendar, opened Monday at The Ritz-Carlton, Grand Cayman.
Although 2016 was far from a breakout year for hedge funds, performance improved over a lackluster 2015, and managers have a more positive outlook for 2017 as stock markets are boosted by President-elect Donald Trump’s plans to lower taxes, deregulate and spend on infrastructure.
Hedge funds as an asset class have doubled their returns to 3.53 percent through November compared to the same period last year when gains were a more modest 1.73 percent.
Hedge funds declined 0.48 percent overall in October, the first monthly loss after seven months of gains. Despite the negative returns, hedge funds overall outperformed underlying equity markets, such as the MSCI AC World Index, which was down 1.38 percent last month.
100 Women in Hedge Funds, the industry association for women in alternative investments, is launching “Next Gen,” a program for professional women with fewer than 10 years’ industry experience, with a conference in the Cayman Islands Thursday and Friday. Next Gen is specifically designed for female professionals in the early stages of their careers.
The performance of the average hedge fund was flat in August, based on the Eurekahedge Index, which returned 0.03 percent for the month.
The hedge fund industry continued to grow globally to US$2.26 trillion in assets under management despite the losses hedge funds suffered during the first half of 2016.
The percentage of hedge fund launches domiciled in the Cayman Islands has declined slightly in recent years, according to a report on key trends in hedge funds in 2015 by data provider Eurekahedge.
Hedge fund liquidations exceeded the number of new fund launches last year for the first time since 2009.
Massive volatility in the equity markets proved to be a drag on the performance of hedge funds in January with average losses of 1.2 percent, but funds still outperformed equity benchmarks such as the MSCI World Index, which dropped 5.71 percent in the first month of the year.
Hedge funds on average returned only 1.56 percent last year in challenging markets, the lowest annual return since 2011.
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Hedge funds continued their recovery in the fourth quarter and gained 0.88 percent in November, according to data provider Eurekahedge.
Hedge fund managers are feeling the effects of new regulations for banks and prime brokers through increased trading fees and broader changes to their business relationships.
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Several hundred thousand dollars were once again raised for the sole purpose of preventing and treating child abuse on Saturday night.
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More than 200 people were treated to canapés and a glass of bubbles as they took their places outside Abacus restaurant in Camana Bay in anticipation of the Nicole Miller fashion show on Nov. 5.
A little known secret to insider trading is that it is not illegal to trade on material non-public information.
The American designer will be showcasing her spring 2016 collection, Nov. 5, with all funds raised going to Literacy Is For Life.
Technological advancements and increasingly easy access to the Internet have created new possibilities for the criminal exploitation of children.
The men’s flag football scene has evolved considerably since the game was first played in Cayman in the late ‘90s, and one of the few to be involved in it throughout is Kevin Solomon.
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Eighteen students from the International College of the Cayman Islands recently got an up-close look at the inner-workings of global finance in New York City.
The Cayman Islands is confident that a pan-European marketing passport will be extended to alternative investment funds set up in the jurisdiction.
Hedge Funds Care Cayman will host its 11th annual 'Open Your Heart to the Children' benefit at the Ritz-Carlton, Grand Cayman on Nov. 21.
Caymanian Bo Miller makes an argument for why the cruise berthing project should not go ahead.
The hedge funds industry posted its first monthly loss of 2015 in June.
The Cayman Islands Crisis Centre elected a new executive committee at its annual general meeting.
Hedge funds recorded their fifth consecutive month of gains since the start of the year.
The vast majority of sex offenders in the Cayman Islands are getting away with their crimes, according to statistics from police investigators and trauma counselors.
members of 100 Women in Hedge Funds, gathered for ‘Bubbles and Bling’, an evening of networking and shopping sponsored by Kirk Freeport and Kirk Supermarket.
Hedge funds continued to produce positive returns for the fourth consecutive month of the year.
Business in brief.
In the first quarter of 2015 the industry returned 3.11 percent.
Hedge funds were up 1.59 percent in February.
Best-selling author Joanna Barsh will present and sign her "Centered Leadership" book at Books & Books in Camana Bay this week.
LIFE (Literacy is for Everyone), a local charity which focuses its efforts on improving literacy in the Cayman Islands, has been designated as the 2015 beneficiary.
A roundup of local buisness briefs.
Speculators cut bullish oil bets for a fourth week, missing a market rebound.
Megatrends are fundamentally shifting the alternative investment industry.
Thinking outside the box, and inside the bubble, helped Caledonian Global Financial Services come up with a novel theme for their latest fundraising event.
The total assets under management of the hedge fund industry increased by US$125.9 billion in 2014.
Issuance of collateralized loan obligations reached a record high US$123.8 billion from 237 deals in 2014.
The event will bring together institutional investors and alternative investment experts at a two-day event at The Ritz-Carlton, Grand Cayman.
The performance of hedge funds recovered in November with Eurekahedge Hedge Fund Index gaining 1.4 percent after two consecutive months of losses.
As institutional investors are no longer increasing their allocations to hedge funds, hedge fund managers bet on new products to drive growth.
The Hedge Funds Care benefit gala at The Ritz Carlton, Grand Cayman on Saturday night raised hundreds of thousands of dollars for local charities that help prevent and treat child abuse and neglect.
The Hedge Funds Care Cayman gala is an event of the first class, put on by a group of the first class, for a cause that is most worthy.
For the 10th year, members of Cayman’s hedge fund and financial services communities will show their generosity at the “Open Your Heart for Children Benefit” on Nov. 29 at the Ritz-Carlton, Grand Cayman.
Hedge funds posted a second consecutive month of negative returns in October.