Preqin: Hedge Funds Return Nearly 1% in August
Streak is extended to 10 months of positive returns.
Streak is extended to 10 months of positive returns.
Positive returns from top-level strategies; emerging markets continue nine-month hot streak.
Recent months show improvement as industry recovers.
Preqin study finds main concerns are the exit environment, fundraising, and performance.
Australia, Japan, and Hong Kong lead the pack.
Dry powder makes a steady jump to $246 billion.
Only $4 billion raised in Q2, with record $19 billion raised in Q1 likely eating into demand.
One-fifth of global investors intend to increase their allocation to private equity in emerging markets in 2017.
Newer and smaller funds post outsized returns, while volatility for former declines to match industry.
Asia accounts for almost half of the global total with a record $22 billion invested.
Volume and value are halved year over year after sharp quarterly decline.
Funds likely to take more of a mixed approach in energy investments going forward.
The top performing strategy so far in 2017 is Activist, followed by Discretionary.
25% of all hedge fund managers surveyed at year-end 2016 changed at least one service provider over the preceding 12 months.