Michael Ryder’s Post

Strong fund performance in 2023 As is so often the case in financial markets, last year brought some challenging moments along with opportunities for us to generate solid returns for our investors. Read the Annual Investor letter to find out more about Peregrine Capital’s 2023 fund performance for its two flagship funds, with the High Growth Fund and Pure Hedge Fund achieving impressive net returns of 14.7% and 12.5% respectively. The fund returns continue to have a low correlation with peers and the overall market, due to our unique portfolio construction and identification of opportunities that are not simply linked with the overall index. https://lnkd.in/epHCgHr4 #HedgeFunds

Noviscient runs a Pure Alpha Fund that aggregates trading strategies from skilled boutique hedge fund managers from around the world. How can an investor know if our Fund will generate alpha? It is a little like this machine - it is complicated. So, what can an investor do? Firstly, make sure you understand and believe in our process for selection, allocation, and risk management. Secondly, ensure Noviscient shareholders have invested significantly into the Fund. Thirdly, ensure fee alignment. In our case, we only charge performance fees so we are strongly aligned with our investors. This is the essence of our philosophy. To be focused on creating value for our investors and to share in some of that value created. If you are an accredited investor looking for one of the few places we see excess returns over the next decade, get in touch for more information. https://lnkd.in/gmznWZzP #alpha #investing #hedgefunds

How can private equity firms, hedge funds and other alternative fund managers future-proof their business model? At the EY Alternative Fund Symposium — Hong Kong event this week, speakers discussed the key trends for 2024, hot topics and transformation in the alternative fund industry to overcome the challenges ahead. #AlternativeFunds #PrivateEquity #HedgeFunds

In 2023, two-thirds of BDC firms experienced asset growth, with credit and event-driven hedge funds leading the way, showing the fastest expansion. Notably, credit and fixed income-focused firms witnessed the most substantial increase in dollar terms. Our latest BDC report from With Intelligence provides you a comprehensive breakdown of BDC assets by hedge fund strategy with tracked changes to assets. Inform your product strategy with the data and insights from the H2 2023 BDC report to ensure you convey your investment strategy in the right way to attract the right investors: https://lnkd.in/eSMZyVwR. #BDC #hedgefunds #credit #fixedincome

Accrting to an FT article published on Tuesday, Blackstone is to close a fund that offers investors exposure to a range of hedge funds and other trading strategies, after assets fell nearly 90 per cent in four years amid lacklustre returns. The US alternative asset manager has told investors it will wind down the Blackstone Diversified Multi-Strategy fund by the end of the year, the group told the Financial Times. The so-called Ucits fund is governed by EU rules that make it easier for non-specialist investors to buy. Multi-strategy Ucits funds such as this are in part an attempt by managers to capitalise on the success of giant #hedgefunds such as Citadel and Millennium, which employ teams of traders across a wide range of strategies and which were among the biggest hedge fund winners from the coronavirus pandemic. The fund’s closure, which has not previously been reported, demonstrates how hard it can be to capture and package that success for a wide audience. Source: Financial Times https://lnkd.in/eVwFFBgu

Yes because performance was abysmal on a relative basis, when the equity markets produce 20% years none of the alternative managers (who in some cases) have neutral market exposures and are more set up for volatile nondirectional markets, are able to generate sufficient returns to look compelling on a relative basis

Final chance to take part… Take just 5 minutes to share your perspective before 1 March: Fund managers (operating with up to US$1 billion in AUM):  https://lnkd.in/eRa8neYQ Investors: https://lnkd.in/eHsfSuqa In 2022, we witnessed the rise of the next generation of hedge fund firms, emerging stronger and more resilient. But what lies ahead in 2024? Participate in this research conducted by AIMA - The Alternative Investment Management Association in collaboration with Marex, to highlight critical trends shaping the next generation of hedge funds and their investors. See the latest report in the series here: https://lnkd.in/epN8HKNb #AlternativeInvestments #EmergingManagers #HedgeFunds #Investors

CONVERGENCE NOMINATED FOR BEST DATA PROVIDER - THIS ON THE HEELS OF BEING NOMINATED ALSO FOR THE WITH INTELLIGENCE AWARDS GO TO - https://lnkd.in/eApp-YBq - CAST YOUR VOTE For the service provider categories, the nominated firms are based on a widespread survey of more than 500 fund managers and other key industry participants. For all the key constituents in the hedge fund industry – managers, investors, and service providers – the Hedgeweek US Awards provide a unique insight as to the most highly-regarded and successful fund managers and service providers in the hedge fund space. Based on voting from within the industry itself, the results help you to make decisions and choices that add value to your business. We would like to thank our clients and prospects for the trust and confidence they put in us each and every day. #hedgefunds #awards #goconvergence

👉 🗓 Mark your calendars for the Hedge Fund EU Emerging Managers Summit by Hedgeweek on November 9th in London! 🇬🇧 Our COO, Anna Dinescu, will be joining Panel 4 about navigating the ever-evolving world of capital raising. Topics include tackling Operational Due Diligence (ODD) during economic shifts, winning over allocators and investment consultants, and hearing investors' outlooks for emerging hedge fund managers in 2024. Join us for a dynamic exchange of insights and strategies. 💬 🤝 #HedgeFund #EmergingManagers #CapitalRaising #InvestmentInsights #HedgeFunds #FinanceLeaders #ExpertPanel #hedgeweek #thoughtleadership #alternativeinvestment