Analysis

Composite advances in September to conclude positive Q3 for FoHFs

But 0.3% gain is lowest monthly return of year so far


Belgrave, Corbin lead the winners at the 15th annual Awards

The HFM InvestHedge Awards recognise multi-manager funds that have achieved the strongest risk-adjusted returns in their peer groups

HFM InvestHedge 2017 Hall of Fame

Industry contributions of five pros overseeing over $70bn honoured



Endowment Billion Dollar Club

HFM InvestHedge’s review of US college and university endowment hedge fund allocations shows largely stable commitments, despite a challenging environment


FoHF median gains beat single-manager HFs in August

All strategies post positive or flat returns


Q&A: Highland Capital Management

Business development MD and former San Jose Police and Fire board trustee Damon Krytzer, discusses how the $14bn firm approaches co-investments


Bringing hedge funds in-house

When investors choose to in-source certain strategies, it can have significant consequences for their external managers.  HFM InvestHedge explores the drivers behind this trend, and whether ‘internalisation’ could be on the horizon for more allocators


Strategy outlook: What are FoHFs thinking?

Multi-managers are sourcing uncorrelated strategies to protect portfolios in H2, with the expectation of higher volatility leading firms towards macro and targeted long/short equity managers


Bracing for a backlash

Investment consultants warn that managers who do not absorb the costs of Mifid II research unbundling could face investor


HFM InvestHedge Billion Dollar Club: H1 2017

Muted asset growth, driven by consolidation and focus on customisation, benefits largest players as smaller firms lose ground


Managed account platforms: Assets top $100bn

Providers see 11% increase in H1 2017, enjoying strongest run in five years


Data: FoHFs make positive start to H2 with a 0.7% July gain

Managed futures was the strongest performer with a 2.2% rise for the month


Profile: Florida State Retirement System

Hedge funds make up a core part of the $154bn pension’s strategic investment portfolio and could potentially get a boost in the coming years



Breaking out of the mould: When investors shun HF buckets

As more pension funds scrap dedicated hedge fund allocations in favour of using alternatives across their portfolios, the competition for assets is hotting up


HFM InvestHedge Hall of Fame

Industry contributions of five pros overseeing over $70bn to be honoured


Q&A: Exelon Corporation

Mark Koschik, senior PM and head of asset allocation for the $40bn Exelon Corporation Investment Office, on hedge fund due diligence and the growth in private credit


Data: FoHFs finish H1 17 up 2.5%

But managed futures tumble 5% in June to post one of the biggest monthly median losses on record


RIC watch: Grosvenor Capital Management

The Chicago giant’s multi-strategy holdings show plenty of active selection, with new allocations to Balyasny, Aspect Capital and ex-Tudor pro Ashwin Vasan