With global hedge fund assets at roughly $3.45 trillion (and growing by double-digit percentages each year), money managers have a greater influence on public and private markets than ever before. DailyAlts covers every element of the hedge fund industry – from changing performance structures to manager strategies, from regulatory oversight to activist holdings, and from new fund launches to the liquidation of underperformers. This channel is your one-stop-shop for daily news and insights for the influential and topical hedge fund space.
The results of a poll of hedge fund managers conducted by Hedge Fund Research showed that 53% of them (687 managers) incorporated ESG factors and sustainability metrics into their investment processes. However, 47% (609 managers) said they did not do so. The results are significant, coming as they do ahead of the 2021 UN Climate Change Conference (COP26) in Glasgow this weekend.
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More Stories on Hedge Funds
Institutional Investor announced Thursday evening the Hedge Fund Industry Awards at its 17th annual awards dinner at the Mandarin Oriental in New York.
Here are some of the winners.
The $29 billion Pennsylvania State Employees’ Retirement System has decided to reduce both its rate of return as well as allocations to hedge funds.
An unimpressive performance record, investor resistance to high fees and difficult industry conditions are squeezing hedge funds across the board. Average management fees crashed to a record low of 1.43% in the first quarter of 2018, according to Hedge Fund Research.
Eldorado Resorts may soon be in the takeover saddle at Caesars Entertainment, going by the report issued by Deutsche Bank analyst Carlo Santarelli. He said the odds of the transaction coming to fruition were increasing.
Activist hedge fund Elliott Management, owned by billionaire Paul Singer, may acquire book chain Barnes and Noble for $476 million, according to The Financial Times.
Robert Gibbins’ Autonomy Capital thinks investors are ignoring the implications of climate change at their own peril