India Hedge Funds Soar On Modi Expectations India-focused hedge funds have been the best in the world this year, buoyed by excitement about the reforms expected from new Prime Minister Narendra Modi. Indian hedge funds are up 26% through July, according to Eurekahedge—an impressive result, given the generally anemic returns posted by hedge funds around the… Read more »
Asia’s Best-Performing Macro Hedge Fund Hits $1 Billion Mark Quantedge Global Fund, Asia’s best-performing macro hedge fund, said it has increased its assets to more than $1 billion, joining the ranks of the region’s biggest funds. Quantedge, which started with $3 million in October 2006, has increased its assets under management to $1.05 billion at the end… Read more »
Where Have All The Predators Gone? Hedge Funds Poised For A Come-Back Over the past five years there has been precious little talk about hedge funds. Unlike Bitcoins, biotech or social media investments, hedge funds are certainly not fashionable or headline grabbing. Yet we believe that hedge funds are poised to rediscover their place in… Read more »
The Barometer is a quarterly report provided to Hedge Connection by John Lowry, Managing Director at ML Capital, a leading global investment firm. The report is designed to help investment professionals identify key moves regarding demand across the various Alternative UCITS strategies. Respondents range across insurance, pension funds and the growing number of financial advisers allocating increasing client assets to the sector. Mr. Lowry leads the conversation in the Hedge Connection Boardroom as one of our featured Executives.
BlackRock Second-Quarter Profit Climbs 11% as Assets Rise BlackRock Inc. (BLK), the world’s biggest money manager, said second-quarter profit rose 11 percent as investors added money to its funds, boosting assets and the fees for managing them. Net income increased to $808 million, or $4.72 a share, from $729 million, or $4.19 a share, a year earlier,… Read more »