‘ Hedge Funds ’

Barclays, Novus unveil smart beta equity indices based on hedge fund filings

Sep 13th, 2017 | By
Barclays, Novus unveil smart beta equity indices based on hedge fund filings

Barclays and data analytics platform Novus have launched the Novus Barclays Public Ownership HF Conviction Index family, a new addition to the Barclays range of Quantitative Investment Strategies. The smart beta indices track equities which, according to regulatory filings, are commonly being held in high conviction positions across some of the largest funds in the hedge fund industry.

IndexIQ adjusts fees on a range of ETFs

Aug 31st, 2017 | By
IndexIQ adjusts fees on a range of ETFs

New york-based asset manager IndexIQ has changed the expense ratios on ten of its ETFs, lowering the fees charged on four of its funds but surprisingly nudging up the costs of six ETFs.

Hedge fund professionals anticipate greater use of ETFs

Jul 24th, 2017 | By
Source launches GBP share class for MSCI Europe ex-UK ETF

More than nine out of ten (92%) of senior hedge fund professionals expect to see an increased value of ETFs being used within their industry this year, according to research commissioned by European ETF provider Source. Chris Mellor, executive director, equity product management at Source, said: “Hedge fund managers are sophisticated investors and it is clear they are increasingly seeing the benefits that ETFs provide them, such as a cost-effective means to execute their strategies.”

Barclays launches new US merger arbitrage index

Jul 3rd, 2017 | By
Turner Investments to acquire ETF issuer Elkhorn Capital

Barclays has launched the Barclays Merger Arbitrage US Index, a new addition to the Barclays range of Quantitative Investment Strategies. The index, which is suitable to underlie future investment products such as ETFs, will allow investors to access potential returns from the successful completion of announced merger deals in the US.

AdvisorShares to close hedge fund and global bond ETFs

Jun 16th, 2017 | By
Columbia Threadneedle closing active ETF suite

Actively-managed exchange-traded fund provider AdvisorShares has announced that the AdvisorShares Board of Trustees has approved the closing and liquidation of the AdvisorShares QAM Equity Hedge ETF (QEH) and the AdvisorShares Market Adaptive Unconstrained Income ETF (MAUI).

MV Index Solutions launches global long/short equity index

May 19th, 2017 | By
Weighing Scale

MV Index Solutions has launched the MVIS All World Long/Short Equity Index which aims to capture the systematic returns (beta) of long/short equity hedge funds that invest both regionally and globally. After identifying the factors driving these hedge funds returns, the index mimics the exposure by constructing a low volatility portfolio of ETFs corresponding to the factors with the most positive momentum.

Hedge fund ETFs in focus

Mar 21st, 2017 | By
Kenneth Heinz, President of Hedge Fund Research

The hedge fund industry experienced its fastest rate of fund closures last year since 2008, according to a report from Hedge Fund Research, leading many investors to explore similar strategies through alternate vehicles, including ETFs. While hedge fund performance was mixed in 2016, Kenneth Heinz, President of Hedge Fund Research, believes performance in 2017 will be strong across a range of strategies, driven by the continuation of macroeconomic normalization.

ETF industry growth outstripping hedge funds, finds ETFGI

Mar 9th, 2017 | By
Assets in smart beta equity ETFs/ETPs reach new record

The global ETF/ETP industry grew faster than the global hedge fund industry in 2016, according to research by London-based ETF industry consultant, ETFGI. During 2016, ETFs/ETPs listed globally gathered a record $389.4 billion of net inflows, while hedge fund investors redeemed $70.1bn, the largest annual outflow since 2009. The growing preference for ETFs over hedge funds may be attributed to several benefits of the vehicle including smaller minimum investment sizes, greater liquidity, and lower costs.

Warren Buffett rails against fee-hungry Wall Street managers

Feb 27th, 2017 | By
Warren Buffett rails against fee-hungry Wall Street managers

Billionaire Warren Buffett, whose stock picks over several decades have enriched generations of Berkshire Hathaway Inc shareholders, delivered a black eye to the investment industry on Saturday, urging ordinary investors to buy plain-vanilla index funds. “When trillions of dollars are managed by Wall Streeters charging high fees, it will usually be the managers who reap outsized profits, not the clients,” Buffett said in his annual letter to shareholders. “Both large and small investors should stick with low-cost index funds,” he added.

Goldman Sachs ETF to track most widely held US equities of hedge funds

Nov 3rd, 2016 | By
Goldman Sachs launches hedge fund strategy ETF

Goldman Sachs Asset Management (GSAM) has unveiled an exchange-traded fund which tracks the 50 US equities that are most recurring in the top 10 positions across a wide range of US-based hedge funds. The ETF thereby provides investors with a cost efficient means of accessing the highest-conviction ideas of some of the best managers in the hedge fund industry. Michael Crinieri, Head of ETF Strategies at GSAM, commented: “We’re thrilled to be able to package these high conviction investment ideas from a broad array of professional investors into a cost effective, tax-efficient and convenient ETF wrapper.”