Cryptocurrency fund of hedge funds launched for retail investors
A cryptocurrency and blockchain investment manager has launched a fund of hedge funds for retail investors.
A cryptocurrency and blockchain investment manager has launched a fund of hedge funds for retail investors.
After six years of graft hedge funds’ AUM have overtaken their 2007 level but will it take another six years for wealth managers to be as accepting?
HSBC reveals the highs and lows of hedge funds in 2013.
Fund of hedge funds (FoHFs) have registered a ninth consecutive quarter of outflows, with the sector now accounting for an all-time low 32% of total hedge fund assets, according to eVestments latest institutional report.
Almost three quarters of hedge funds, 70%, delivered positive returns in July, while the sector as a whole grew 0.90% following a decline in the previous month.
Hedge funds attracted $20bn in new assets in the first quarter of 2013 and US hedge fund assets hit a record high of $1.25bn during the period, according to data provided by Eurekahedge.
Principal Global Investors has bought a majority stake in Liongate Capital Management in a bid to meet increased client demand for both alternative investments and portfolio-wide hedged solutions.
Hedge fund assets are set to reach record levels by the end of 2013 and inflows are expected to hit $123bn during the year. But private banks have proved more reticent than pension funds in reallocating capital to the asset class.
Hedge fund returns continued on an upward trajectory in January, as equity-exposed strategies and funds of hedge funds posted the highest returns for a number of months.
Ucits hedge funds returned on average 3% in 2012, though they underperformed the 6.2% achieved by the offshore hedge fund world, according to research from Kepler.
Funds of hedge funds are a constant source of debate in this office and we are still undecided about exactly how much they are used, and to what extent, in private client portfolios.
70% of industry professionals believe that funds of hedge funds are valid as Ucits vehicles, according to research commissioned by index provider Alix Capital.