With all the strategies and regional benchmarks logging losses for the second consecutive month, April of 2014 has turned out to be another underwhelming month for hedge fund performance, according to data from Preqin. Preqin’s May 2014 report titled “Hedge Fund Spotlight” also highlights that sovereign wealth funds are playing an increasingly important role thanks to the substantial sums of capital managed by these investors. Event-driven strategies are bright spot In its April 2014 report, Preqin highlighted the overall hedge fund benchmark witnessed positive returns only in February, while January and March posted disappointing performance. However, event driven strategies funds…
As Hedge Fund Performance Disappoints, SWFs Gain Popularity
Mani
Mani is a Senior Financial Consultant. He has worked in Senior Management role in large banking, financial and information technology organizations. He has provided solutions for major banking and securities firms across the globe in the area of retail, corporate and investment banking. He holds MBA (Finance) and Professional Management Accounting Qualifications. His hobbies are tracking global financial developments and watching sports