eVestment's Top Hedge Funds In October 2021
Select Equity Group's SEG Partners Fund was the fund that received the most views overall by eVestment's investor and consultant subscriber base last month, a new entry. Graham Capital Management's Graham QUant Macro Portfolio was second, and Renaissance Technologies' Renaissance Institutional Diversified Global Equities Fund (RIDGE) was third.
Global: Most Viewed Alts/HF Products October 2021 | ||
Most Viewed Product's Firm Name | Most Viewed Product | |
New | Select Equity Group, L.P. | SEG Partners Fund |
New | Graham Capital Management L.P | Graham Quant Macro Portfolio |
New | Renaissance Technologies LLC | Renaissance Institutional Diversified Global Equities Fund (RIDGE) |
New | J.P. Morgan Investment Management Inc. | JPM Global Macro Opportunities |
1060 Capital Management | 1060 Capital Opportunity Fund, LP | |
New | Verition Fund Management | Verition Multi-Strategy Fund Composite |
New | PIMCO | PIMCO Tactical Opportunities Fund |
New | FORT LP | FORT Global Contrarian |
New | Abbey Capital Limited | ACL Alternative Fund SAC Limited |
New | State Street Global Advisors | S&P GSCI Index |
At the regional level, SEG Partners Fund was viewed most in the United States. The most views in other markets were Adrian Lee & Partners' AL&P Global Currency product in the U.K., Aspen Hill Partners' AHP Global Unconstrained Fixed Income Segregated Portfolio in Canada, Nuveen Asset Management's Nuveen Long-Short Credit Master Fund tied with AQR Capital Management's Corporate Arbitrage Strategy in Japan, and FORT LP's FORT Global Contrarian product was viewed most in Europe ex-U.K.
At the firm level - where eVestment aggregates the views of all products offered by an investment manager in the month - Bridgewater Associates was first, with its All Weather 12% Fund the firm's most viewed individual product. Select Equity Group was second and FORT LP was third.
Global: Most Viewed Alts/HF Firms October 2021 | ||
Firm Name | Firm's Most Viewed Product | |
Bridgewater Associates, LP | Bridgewater All Weather 12% Fund, Ltd. | |
New | Select Equity Group, L.P. | SEG Partners Fund |
FORT LP | FORT Global Contrarian | |
New | Magnetar Capital LLC | Tie: Magnetar Systematic Multi-Strategy Fund LLC |
Tie: Magnetar Systematic Multi-Strategy Fund Ltd | ||
Tie: Magnetar PRA Fund Ltd | ||
Renaissance Technologies LLC | Renaissance Institutional Diversified Global Equities Fund (RIDGE) | |
New | PIMCO | PIMCO Tactical Opportunities Fund |
New | Graham Capital Management L.P | Graham Quant Macro Portfolio |
New | Mariner Investment Group, LLC | Mariner Atlantic Multi-Strategy Fund, L.P. |
New | AQR Capital Management LLC | Tie: Corporate Arbitrage Strategy |
Tie: Merger Arbitrage Strategy | ||
Tie: Delphi Long-Short Equity | ||
New | J.P. Morgan Investment Management Inc. | JPM Global Macro Opportunities |
In specific markets, the firms receiving the most views were the managers of the products listed above, aside from Canada where Perceptive Life Sciences had the most views and in Japan where AQR broke the tie with Nuveen.
Rising interest at the product level - those which had the greatest absolute increase in the proportion of views they received of their alternative products from investors and consultants in the current month, versus the proportion of views they received in the prior 12 months as a whole - saw SEG Partners Fund win, hence the new entry in the main list. At the firm level, Magnetar Capital was the biggest riser, and finished fourth on the main list.
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