Research

The Eurekahedge Report - May 2020

May 2020 | Eurekahedge


The benchmark Eurekahedge Hedge Fund Index was up 4.03% in April 2020 and down 4.33% year-to-date. Total assets under management increased by US$27.0 billion during the month as the sector witnessed performance-based gains of US$24.0 billion while registering net asset inflows of US$3.0 billion. The total size of the industry now stands at US$2,065.5 billion.

Asset Flows Update

May 2020 | Eurekahedge


The Eurekahedge Hedge Fund Index was up 4.03% in April, supported by the strong performance of the global equity market which pushed the MSCI ACWI IMI (Local) up 10.47% over the month. Global equities enjoyed a strong rally throughout the month on the back of optimism over the development of potential COVID-19 vaccines and the reopening of the economy.

Hedge Fund Performance Commentary

May 2020 | Eurekahedge


The Eurekahedge Hedge Fund Index was up 4.03% in April – registering its best month since May 2009, supported by the robust performance of the underlying global equity market as represented by the MSCI ACWI IMI (Local) which gained 10.47% over the month. Global equities recouped some of the losses they suffered in March on the back of market optimism over the development of potential vaccineThe Eurekahedge Hedge Fund Index was up 4.03% in April – registering its best month sis and the reopening of the economy.

Alternative Equity ETF and Hedge Fund Performance Comparison

May 2020 | Eurekahedge


Exchange-traded funds (ETFs) have become an increasingly crucial tool for both institutional and retail investors to gain exposure to certain markets or hedge risks at a low cost in recent years. The explosive growth of the assets managed through ETFs has been largely driven by the increase in popularity of index funds, ETFs designed to track the performance of an index. An index fund could be used by retail investors to passively invest in equity markets, or by fund managers to easily adjust their portfolio exposure towards certain markets.

Key Trends in North American Hedge Funds (May 2020)

May 2020 | Eurekahedge


The Eurekahedge North American Hedge Fund Index was down 9.61% year-to-date as of March 2020, outperforming the underlying equity market as represented by the MSCI North America IMI, which lost 21.40% over the same period. The severity of the COVID-19 outbreak outside Mainland China has forced government authorities to implement lockdown and social distancing measures, resulting in a massive sell-off in the global equity market.

North American Hedge Funds Infographic May 2020

May 2020 | Eurekahedge


Eurekahedge’s North American hedge funds infographic sums up the industry as at May 2020. Find out more about North American 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.

Interview with Asim Ghaffar, CIO of AG Capital Investments, LLC

May 2020 | Eurekahedge


Asim founded AG Capital in 2014. He has a background in economics, strategy, and investment consulting, as well as futures trading and risk management. Most recently, he worked as an investment consultant in Cambridge Associates, LLC’s Boston office, where he advised foundations, universities, private clients, and insurance groups in the U.S. ranging in size from $100 million to $20 billion. Prior to joining Cambridge Associates, Asim was a Principal at Partners Capital Investment Group, LLC, an international investment advisory firm. Before that, he was a strategy consultant at Bain & Company, Inc. He began his career as an economics and business consulting analyst at Charles River Associates, Inc

ASIC releases regulatory framework for foreign financial services providers

May 2020 | Peter Reeves and Emily Shen - Gilbert + Tobin


Following its consultation in July 2019, the Australian Securities and Investments Commission (ASIC) has unveiled its highly anticipated regulatory framework for foreign financial services providers (FFSPs). The introduction of the announced foreign Australian financial services licence (FAFSL) regime and funds management relief replaces the existing passport relief and limited connection relief for FFSPs and is likely to impact the funds landscape in Australia.

Fund Marketing and Overseas Fund Regime HM Treasury Consultation Paper

May 2020 | Bethany Bloor and Paul Anderson - Squire Patton Boggs


Many investment funds domiciled in the EU are currently marketed in the UK through the EU’s passporting regime. Shortly after the end of the Brexit transition period of 31 December 2020, and the end of the UK’s temporary regime to permit marketing, this will change and funds will have to gain permanent market access in the UK.