Nov 23, 2010

Hedge fund industry commentary

The second quarter of 2010 was decidedly eventful with several political and economic issues coming to a climax. The quarter began with cautious optimism for continued recovery, and ended with renewed discussions of a double-dip scenario and an "unusual uncertainty" as described by Mr. Bernanke. The significant events of the quarter included Eurozone sovereign debt rating downgrades, a joint rescue of Greece by the EU and the IMF, amounting to USD1T, additional tightening in China through a hike in bank reserve requirements (the third this year), the Gulf of Mexico oil spill, Australia's Resource Super Profit Tax which culminated in the Prime Minister's resignation, Germany's ban on naked short selling, and China's indication of exchange rate fleswissHedge flexibility. While Western developed countries focused on deleveraging and fiscal consolidation without hindering economic growth, the focus in Asian emerging economies is on preventing inflation and overheating. In the US, companies reported healthy profits and built up record-breaking cash reserves but remained reluctant to increase employment or investments.

In order to have the whole article of Rajiv Shetty from Harcourt, please click on :
http://www.swisshedgemagazine.ch/

Nov 12, 2010

PerTrac Research Proves that Younger and Small to Mid-Sized Hedge Funds Achieved the Best Returns in 2009

PerTrac Financial Solutions (http://www.pertrac.com), the leading provider of analytic, reporting and communications software to the investment industry, today released its fourth annual study examining hedge fund performance, volatility and risk as they relate to the size and age of a fund. The analysis of 2009 hedge fund performance reaffirms the existing trend of less tenured funds outperforming older ones and reverts to findings from earlier studies indicating that small to mid-sized funds outperform larger ones.

“Coming off the worst calendar year losses in history in 2008, the hedge fund industry provided investors with a strong comeback in 2009. According to our research, the rally was led by the younger funds,” said Jeff Hendren, Co-President of PerTrac. “When we looked at performance according to the size of a fund, our research revealed that the small and mid-sized funds achieved the highest performance. These two findings are likely related because fund size tends to correlate with fund tenure.”

As in past studies, PerTrac conducted two different analyses: one based on a fund’s asset size, and the other based on a fund’s age. Monthly hedge fund returns were compiled from leading hedge fund databases and analyzed using the capabilities of the PerTrac Analytical Platform. This software provides comprehensive access to manager performance data as well as statistical performance and simulation tools that, among other things, analyze and report returns across large indices.

The whole study is on :
http://www.prweb.com/releases/2100/01/prweb4715634.htm