“More than one third (38%) of respondents listed slower growth as the biggest risk in 2019, a significant jump from March, when 12 percent of respondents listed it as the top risk. Two other top investor concerns for 2019 are rising interest rates (29%) and a stock market reversal (21%). The results come on the heels of a separate report from the White House that the US government shutdown could eventually push the US economy into recession if it persists. “What we’re starting to see from investors is a growing interest in so-called uncorrelated strategies like global macro managed futures,” said Rohtas Handa, EVP, Head of Institutional Solutions at MPI in an interview with Opalesque. “There’s a desire to reposition portfolios so that they are insulated if the volatility we experienced in December is a more consistent theme in 2019.”” Read the full article here. (subscription required)
hedge fund index
“I think it’s an extension of what we have done before. We launched our hedge fund benchmarks with daily tracker indices to provide a better measure of hedge fund performance while also providing insight on what the drivers of returns are,” said Rohtas Handa, EVP and Head of Institutional Solutions at MPI. “While traditional hedge fund indices give a measure of overall performance, there isn’t a focus on what is driving constituent returns. So, we are excited to deliver these new insights.” Read the full article here.
“Target volatility versions of the MPI Eurekahedge 50 Tracker Index are now available with 6% or 8% volatility, while the MPI Best 20 Tracker Index, which tracks the MPI Barclay Elite Systematic Traders Index, comes in 8% and 10% volatility versions. “You can scale up the volatility and scale up the risk level of the proxy index to get an ‘apples-to-apples’ comparison,” said Rohtas Handa, head of institutional solutions at MPI.” Read the full article here.