Alternative data provider, Preqin, has published its Preqin Global Report 2024: Hedge Funds, which finds that some segments of the hedge fund market have seen slower growth, while, overall, net fund outflows have persisted in 2023.
Invesco has released the findings of its eighth annual Invesco Global Systematic Investing Study.
Preqin’s Hedge Funds Q3 2023 report finds that in terms of performance, Preqin’s total hedge fund index ended Q3 2023 at –0.12 per cent.
Digital asset manager CoinShares International Limited has announced the launch of its hedge fund division, CoinShares Hedge Fund Solutions.
A BNP Paribas survey of 420 asset owners and managers, hedge funds and private equity firms shows that institutional investors are mobilising capital towards investments that will deliver measurable positive impacts alongside financial returns. Despite data constraints posing the biggest barrier to ESG integration, especially in tackling financial risks posed by climate change, institutional investors are nevertheless incorporating ESG, notably in their portfolio management and investment decisions.
Alternative asset provider Preqin has published its Alternatives in Europe 2023 report. The report shows the combined assets under management (AUM) of European alternatives stood at EUR2.95 trillion as of September 2022. Of this, the UK and Western Europe both surpassed EUR 1 trillion of private capital AUM in 2022, though Preqin writes that the UK’s share has fallen in recent years to reach a new low of 44 per cent of the total at EUR1.04.
Man AHL has made its first foray into the ETF space with the launch of an active, quantitative and systematic trading strategy in partnership with the USD63 billion manager of managers American Beacon Advisors.
The assets under management (AUM) of Europe-domiciled funds that include “absolute return” in their name declined by EUR6.1 billion (USD6.6 billion) during the first seven months of 2023, reinforcing suggestions that the strategy is in an ongoing decline, according to research from Cerulli Associates.
When Odey Asset Management asked investors to support a move of its oldest fund to a rival firm amid sexual misconduct allegations against founder Crispin Odey, the financial world was reminded of the more salacious reasons an asset manager might embark on a restructuring.
Fund managers are failing to provide appropriate liquidity management with many demonstrating a lack of care to investors. Gill Wadsworth talks to Patric Foley-Brickley, Managing Director, Apex FundRock UK, about how the industry can raise standards.
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