Hints and tips:
Related Special Reports
...In 2023, Gramercy’s flagship multi-strategy fund returned 16.7 per cent net of fees compared with 11 per cent for the JPMorgan EM Equal Weight Total Return index, which blended the bank’s three best known...
...hedge fund maverick | FT Film The march of the multi-managers This was the year in which cracks started to appear in the multi-manager hedge fund model, which allocates capital across dozens of portfolio...
...and the real economy after a shift in ownership in the sector....
...Executives also hope to capitalise on a trend of insurance companies, endowments and pension funds cutting the number of managers they work with and even outsourcing their entire portfolio to a single company...
...Still, many remain wary of diving back into the sector too early. “A lot of these banks are trading dirt cheap,” said Remi Olu-Pitan, a multi-asset fund manager at Schroders....
...For the ultra rich, there are also new entrants such as multi-family offices such as BDT & MSD that are capturing interest from billionaire families, a veteran wealth manager told DD, making it harder than...
...Macro hedge funds that trade bonds and currencies cleaned up last year, and multi-strategy hedge funds eclipsed fund of funds in terms of assets under management....
...The change at the top comes after a year of extremes for the sector, write Laurence Fletcher and Eric Platt....
...“We always imagined that there would be a multitude of other funds coming to market,” said Matthew Ball, a venture capitalist who created the index that underpins the first and largest metaverse fund, the...
...The multi-manager system works best in large, highly liquid markets, which means the firm has had to turn down requests for narrowly tailored products such as those that exclude specific countries and sectors...
...of six of her multi-platinum albums to a man she viewed as her nemesis, the music executive Scooter Braun....
...The strategy is part of O’Connor’s multi-strategy fund, but could eventually be launched as a separate fund, said a person familiar with the firm’s plans....
...he asked Gramercy’s multi-strategy fund is down about 3 per cent for the year to the end of May, compared to a fall of nearly 20 per cent for JPMorgan’s emerging market bond index, people familiar with...
...Technology is the top sector in both funds, making up 30 per cent of the Vanguard fund’s investments and over a fifth of Parnassus’. Other big ESG funds have also been knocked this year....
...“The implicit bias [in the old way] was that you would tend to gravitate to the person and the idea based on whether or not you like that person,” says Mohit Mittal, portfolio manager for multi-sector strategies...
...Vanguard is closing the gap on BlackRock’s lead in the $6.6tn US exchange traded fund market, a pivotal battleground for the world’s two largest asset managers, write my colleagues Brooke Masters and Chris...
...That goal is still in progress, as the FT’s Joshua Franklin and Brooke Masters reported this week....
...a master plan behind them....
...“I struggle to think of a quarter with more dispersion in quite a long time,” said Michael Edwards, deputy chief investment officer of Weiss Multi-Strategy Advisers....
...“Company behaviour has changed,” said Ken Monaghan, a high-yield portfolio manager at Amundi US....
...Entering new business lines seems attractive when competition rules prevent dominance in a single sector. Cynics note that chief executive pay and influence expands along with company size....
...From the ultra fee-conscious Australian pension funds to private wealth managers happy to pay the pass-through costs of the huge multi-manager platforms, hedge fund fees is a topic that never fails to provoke...
...fund....
...tabs on the quickly growing sector....
...“The needs of a place like South Shields are complex and are going to require a more multi-faceted set of solutions than supporting the emergence of green industries,” he says....
International Edition