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Hedge fund allocations to China at five-year low, says Goldman Sachs: (Hedgeweek) Goldman Sachs has revealed that hedge fund allocations to China have reached their lowest level in five years, amid heightened investor apprehensions about the country’s economic prospects and regulatory landscape, according to a report by Reuters. To read this […] #hedgefund #portfoliomanagement #capital

https://lnkd.in/dGZ5SPrN Global hedge funds have been adding European stocks to their portfolios this year while trimming their exposure to North America amid an ongoing debate over ho...

Hedge funds post biggest cut on bearish yen bets since 2011 - https://lnkd.in/e46aEJB8 TOP STORY: Hedge funds have made their most significant retreat from bearish yen bets since 2011 as the once-popular carry trade strategy falters, with leveraged investors cutting 56,639 net short positions on Japan’s currency over the two weeks ending 23 July, according to a report by Bloomberg.

China-focused hedge funds reported explosive returns in September, driven by a sharp rebound in Chinese stocks following Beijing’s aggressive stimulus package. The CSI 300 Index saw a record 25% jump over five days, leading to significant gains for hedge funds like Triata Capital and Yunqi Capital. This surge has positioned Asian equity hedge funds as top performers globally for the year so far https://lnkd.in/gqHETV8x

Hedge funds post biggest cut on bearish yen bets since 2011 - https://lnkd.in/e46aEJB8 TOP STORY: Hedge funds have made their most significant retreat from bearish yen bets since 2011 as the once-popular carry trade strategy falters, with leveraged investors cutting 56,639 net short positions on Japan’s currency over the two weeks ending 23 July, according to a report by Bloomberg.

Hedge funds boost Hong Kong stock rally 🇭🇰 Hedge funds and long-term investors surged into Hong Kong stocks on Tuesday, following the announcement of a broad stimulus package as China looks to revive its ailing economy, according to a report by ZAWYA citing a note from the prime brokerage division at Goldman Sachs. Describing the rally as an “explosive turnover,” analysts predicted that the stock rally could extend over the coming sessions, with investors particularly bullish on Hong Kong stocks, which tend to be more sensitive to interest rate changes. Chinese markets has their strongest day in years on Tuesday after Beijing introduced its most extensive stimulus measures since the pandemic, including increased funding and interest rate cuts. According to UBS the rally was mainly led by Chinese and foreign hedge funds, while long-term overseas investors tracked by the bank largely opted to take profits. The Hang Seng Index surpassed the 19,000 level for the first time since 28 May, while the CSI 300 Index jumped 4.3%, and the Shanghai Composite Index rose 4.2%. Hedge funds were aggressive buyers of Hong Kong stocks, contributing to 22% of the flows tracked by Goldman Sachs in the region. Long-only investors became more active later in the day, accounting for 78% of flows. Turnover in Hong Kong’s market surged by 137% compared to the 20-day average, while turnover in Shanghai and Shenzhen markets increased by 83% and 66%, respectively. “Positioning in Hong Kong and China is very light for both mutual funds and hedge funds, and we expect this momentum to continue,” Goldman Sachs noted. #hedgefund #assetmanagement #hongkong

One of China’s largest hedge funds advised some clients to pocket gains as Donald Trump’s return to the White House increases risks to the Asian nation’s economy and markets.   Shanghai-based Perseverance Asset Management 高毅资产, which manages more than CNY 100 billion($14 billion), suggested that investors in a range of funds run by its star fund manager Mr. Deng Xiaofeng should consider redemption. Perseverance Asset said this notice was a regular reminder about dates when redemptions are open to clients monthly, and should not be over-interpreted. The firm remains “optimistic” about the market outlook while monitoring “cautiously”. Perseverance Asset Management 高毅资产 holdings in 35 mainland-listed companies where it was among the largest 10 shareholders of circulating stocks totaled CNY 40.6 billion ($ 5.67 billion) as of June 30th, and according to filings with U.S. Securities and Exchange Commission, the market cap of Perseverance Asset 's U.S. stock positions reached $762 million.   One of Deng’s funds returned 32% in the first three quarters, nearly double that of CSI 300. But the potential mid- to long-term gains are expected to be relatively low as its stock positions were reduced to around 60% as of September 30th, according to a transcript of a client meeting last month. Let's see how the changing situation will affect Chinese hedge funds in the future.#China #stockmarket #hedgefunds #US #Election #Redemption

A rally in stocks, some commodities and the US dollar helped hedge funds ride out a bumpy period for bonds, with gains seen across different strategies in the first three months of the year, according to a report by Reuters. Goldman Sachs #primebrokerage division cited that fundamental #equities long-short hedge funds were up 6.28% in the Q1'2024, while systematic long-short funds posted gains of 11%. #Technology-focused #hedgefunds meanwhile, gained on 11.3%. By comparison, the #SP500 advanced 9.09% over the quarter. Track all hedge fund performances via Radient! To know more, reach out to us at: https://lnkd.in/gk2Gvs-u