Tag: hedge funds
A major asset allocation reboot has reduced equities and increased the system’s absolute return or hedge fund allocations as well as put more money in private equity, real assets, and private credit strategies.
Private equity, real estate, and natural resources funds also represented.
Struggling firm’s founder said the fund had ‘recently not delivered’ expected results, and will return more than $1 billion by year-end.
The two alternatives firms will close at year-end, unhappy with recent performances.
Despite mediocre returns in 2018, most investors are optimistic about the next 12 months.
Summit will help institutions vet talent for the new seeding platform.
Report names asset managers profiting from private prisons.
CTAs, macro, and relative value strategies disappoint, but credit strategies gain the most.
Allright replaces InfraHedge’s co-founder Bruce Keith, who left in January.
Report finds US holds 72% of the global hedge fund assets.
Growth of holdings climbed 8% last year, Preqin data indicate.
The last month in Q2 ends rocky, but the YTD and one-year returns are still OK.
Half of returns are positive, half negative, for an overall uninspiring performance.