The Eurekahedge Report - February 2018

February 2018 | Eurekahedge

The benchmark Eurekahedge Hedge Fund Index was up 2.20% in January, while the MSCI World Index was up 3.78% over the month. Total assets under management (AUM) increased by US$42.0 billion during the month as the sector witnessed performance-based increase of US$20.3 billion while registering net asset inflows of US$21.7 billion. The total size of the industry now stands at US$2.49 trillion.

Asset Flows Update

February 2018 | Eurekahedge

The Eurekahedge Hedge Fund Index was up 2.20% in January while underlying markets as represented by the MSCI World Index gained 3.78% over the same period. Among regional mandates, Latin American managers led the table, up 4.47% during the month followed by Asia ex-Japan managers who were up 3.72%. Across strategies, CTA/managed futures hedge funds led the table with gains of 3.54% followed by long/short equities hedge funds which were up 2.37%.

Hedge Fund Performance Commentary

February 2018 | Eurekahedge

January was a happy start to the year for hedge funds, with the Eurekahedge Hedge Fund Index up 2.20% in January. Meanwhile, underlying markets as represented by the MSCI AC World Index (Local) gained 3.78% over the same period. As the global risk on mode continues into January, trend following managers were positioned in good stead with holdings into equities and oil among performance contributors.

Artificial Intelligence: The New Frontier for Hedge Funds (2/2)

February 2018 | Eurekahedge

This piece revisits the performance of hedge funds that utilise artificial intelligence and machine learning theory in their trading process, focusing on the overall risk-return profile of artificial intelligence (AI) hedge funds as captured by the Eurekahedge AI Hedge Fund Index in comparison to traditional quants, equity-hedge strategies and the average global hedge fund.

2017 Overview: Key Trends in Islamic Funds

February 2018 | Eurekahedge

The Islamic finance industry is a niche market predominantly serving the needs of the world’s Muslim population. Products marketed under the umbrella of Islamic finance comply with a different investment philosophy as opposed to traditional investment philosophy which the rest of the world are familiar with.

2018 Key Trends in UCITS Hedge Funds

February 2018 | 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, as UCITS embodied by strong regulation resulting to a high level of investors protection with certain restrictions such as liquidity of the underlying assets and leverage caps to provide added transparency to investors.

UCITS Hedge Funds Infographic February 2018

February 2018 | Eurekahedge

Eurekahedge’s UCITS hedge funds infographic sums up the industry as at February 2018. Find out more about UCITS hedge funds assets under management (AUM), asset flows into strategic and regional mandates, strategy returns, fund size and geographic AUM, head office locations and the best and worst performances of the year.

Australian Islamic Finance Opportunities for 2018

February 2018 | Christopher Aylward, Islamic Finance News

As with a number of other developed economies which are ‘developing nations’ in the world of Islamic finance, Australia is all about opportunities and what could be. The difficulty is determining whether these opportunities will be seized and what will be.

Canadian Taxation of Cryptocurrency … So Far

February 2018 | Mariam Al-Shikarchy, Steven Baum and Laura Gheorghiu, Gowling WLG

Cryptocurrency is digital "money" that utilises encryption techniques to regulate the issuance of units and verify their transfer. Cryptocurrency operates without the participation of a central bank or other government agency.

US Tax Reform - Provisions Impacting Private Equity

February 2018 | Patricia W. McDonald, Baker McKenzie

On December 15, 2017, a Conference Committee established by the House of Representatives and the Senate released a unified agreement on the “Tax Cuts and Jobs Act” (the “Conference Agreement”) in the wake of the passages of the House version of the Tax Cuts and Jobs Act on November 16, 2017, and the Senate version on December 2, 2017.