In this difficult macroeconomic environment, investing in hedge funds has become a challenge. According to the HFRX Global Hedge Fund Index, on average, hedge funds lost 8.87% in 2011.1 This performance has not only left many investors puzzled over which … Continue reading
The most popular strategy sought by hedge fund investors in the emerging manager space during the past year was overwhelmingly long/short equity, with approximately 65% of mandates specifying this strategy. Long/short equity’s transparent and easily understood nature made it an … Continue reading
Global macro managers ended the year down 3.6%.1 This may come as a surprise to many since the market volatility in 2011 seemed to provide the perfect environment for global macro funds to outperform the market. However, throughout the year, … Continue reading
In 2011, BHA analysts captured 713 mandates for alternative investment funds from family offices. These mandates made up more than 15% of BHA’s investor searches for the year and included both single-family and multifamily offices. The family offices in this … Continue reading
For many managers, especially those with emerging funds, 2011 was a turbulent and often confusing year. The fundraising, investment, and business climate faced by the industry reflected the skittish and chaotic trading in global capital markets. Managers and marketing professionals … Continue reading
Long/short equity is the most fundamental of all the hedge fund strategies. Funds using this strategy seek to reduce risk by simultaneously taking long and short positions in various equities. Generally speaking, funds will use short positions in individual securities … Continue reading
Looking for opportunities to generate returns, private equity investors have increasingly turned to emerging markets. Funds with exposure to global emerging markets as well as those that focus on Latin America have grown in popularity over the past couple of … Continue reading
As recently as ten years ago, smaller and newer managers stood at a distinct disadvantage when compared with their larger, more established peers. Despite many positive attributes and the promise of impressive alpha and diversification benefits, smaller managers were often … Continue reading
Distressed credit is one of the top five most popular hedge fund strategies according to data collected by BHA. Of the 2,062 hedge fund mandates BHA analysts have collected, 249, or roughly 12.1%, are for distressed credit funds. Just … Continue reading
With the persistent financial turmoil in the EU and the August downgrade of the United States’ credit rating, most fund managers and investors throughout 2011 sought to avoid market volatility. They refocused their investment plans to accommodate a more global … Continue reading