News & Events

The Eurekahedge Report - July 2016

July 2016 | Eurekahedge


The July 2016 Eurekahedge Report contains qualitative and quantitative analyses on the industry's assets flows and performance over the past month, with a special feature on key trends in European hedge funds and UCITS hedge funds.

Asset Flows Update

July 2016 | Eurekahedge


The Eurekahedge Hedge Fund Index was up 0.63% in June while underlying markets as represented by the MSCI World Index fell 1.38% over the same period. A weak global macroeconomic outlook coupled with strong headwinds in the aftermath of Brexit proved to be a challenging environment for managers.

Hedge Fund Performance Commentary

July 2016 | Eurekahedge


Hedge funds successfully traded their way around an overwhelming month in June and were up 0.63% while underlying markets as represented by the MSCI World Index lost 1.38% during the month. A number of managers had lowered their overall risk exposure in the lead up to Brexit, and were quick to reverse their positions and capitalise on winning trends that emerged subsequently such as the rally in the yen and emerging currency pairs vis a vis US dollar; and short positions in the pound which declined to historic lows.

Eurekahedge FX Hedge Fund Index Strategy Profile

July 2016 | Eurekahedge


The Eurekahedge FX Hedge Fund Index tracks the performance of dedicated currency investing hedge funds in the spot, futures and forward markets utilising both systematic and discretionary overlays and investing across all of major, minor and exotic currency pairs. Historical returns for the index along with constituent details can be accessed here.

The Eurekahedge FX Hedge Fund Index was up 0.10% in June in what turned out to be a volatile month for global currencies. Underlying managers reported losses on their long USD versus emerging market currency pairs’ positions in the earlier part of the month as disappointing US non-farm payroll data pushed back expectations of a summer rate hike in the US. Short positions in the Rand proved to be costly for managers as South Africa avoided an expected ratings downgrade ...

2016 Key Trends in European Hedge Funds

July 2016 | Eurekahedge


The European hedge fund industry continues to gain traction among investors despite market turbulence dominating the trading landscape since the start of the year. Investor allocations into the industry stood at US$13.4 billion over the last five months of 2016, up US$4.2 billion compared to allocations over the same period last year. Manoeuvring volatile markets has proved to be a challenge with managers posting year-to-date performance-based losses of US$6.8 billion, compared to gains of US$14.3 billion over the same period last year.

European Hedge Funds Infographic July 2016

July 2016 | Eurekahedge


Eurekahedge’s European hedge funds infographic sums up the industry as at July 2016. Find out more about European hedge funds assets under management (AUM), asset flows into strategic and regional mandates, launches and closures, fund size and geographic AUM, domiciles, head office locations and the best and worst performances of the year.

2016 Key Trends in UCITS Hedge Funds

July 2016 | Eurekahedge


Since the onset of the global financial crisis, investors worldwide have grown more cautious in undertaking investments and have increased their demands for underlying investment products and instruments to be monitored by international compliance standards. The Undertakings for Collective Investment in Transferable Securities or ‘UCITS’ was developed to meet this post-crisis demand, with certain restrictions such liquidity of the underlying assets and leverage caps to provide added transparency to investors.

UCITS Hedge Funds Infographic July 2016

July 2016 | Eurekahedge


Eurekahedge's UCITS hedge funds infographic sums up the industry as at July 2016. Find out more about UCITS hedge fund assets under management (AUM), asset flows into strategic and regional mandates, launches and closures, domiciles, head office locations, performance comparison, and the best and worst performances of the year.

Interview with Tomoyuki Izumi, Founder and Portfolio Manager at VIS Advisors, LP

July 2016 | Eurekahedge


Tomoyuki Izumi, founded VIS Advisors, LP and Takumi Capital Management Fund Ltd in 2014. He began his investment career at Equinox Partners in New York in 2008, where he covered Japan and other north Asian countries including China, Korea and Taiwan.

Implications of Brexit on Islamic Finance

July 2016 | Eurekahedge


As the dust settles after last month’s Brexit vote, the smoke is only getting thicker with no clear visibility on the tough road ahead. However, is it really all doom and gloom? Or, seen through a wider context, is it a bitter short-term pill for a better long-term future? In this article, Siraj Ibrahim discusses the implications of Brexit, how this may result in the fulfilment of real Islamic finance, and how Islamic finance will not be significantly affected in the UK.

Proposed Changes to Korean Asset Management Regulations - Greater Opportunities

July 2016 | Eurekahedge


Financial Services Commission (FSC) recently announced proposed changes to regulations regarding asset management businesses and called for industry feedback. A number of the proposed changes include items that will be of interest to foreign asset managers. The updated regulations are expected to be finalised and take effect around November this year.
Although the following would not necessarily reflect the forthcoming amended regulations, the items discussed will provide insights to the direction in which Korean fund regulations are heading. This discussion should provide valuable lead time to strategise your future business opportunities in Korea.