Can the Indian hedge fund managers convince the wealthy to take up the expensive investment strategy?
He based his optimism on hedging tools available.
'Investors with foreign currency-denominated goals, such as foreign education or foreign travel, should go for US equity funds.'
According to the annual Hedge Fund Investor Survey, amid the rising optimism about the growth of hedge fund industry, assets are forecast to rise by 25 per cent this year.
'Hedging has become inevitable in the emerging global scenario and we too should have our share of hedging. But it has to be combined with firm positions and sturdy alliances wherever necessary,' says T P Sreenivasan.
'India's fundamentals are a lot better (than those of other emerging market economies).' 'India will suffer (witness a fall in its stock market) what I call the second order effect.' 'And the second order will happen when these funds (belonging to macro and hedge fund investors and which have leveraged Japanese yen-carry trades), because they lose money elsewhere as lot of their positions were financed by borrowing Japanese yen, will have to book profits in investment destinations where they are making money, including in markets like India.' 'They (these investors) will have to effectively sell in countries like India and which is the consequence (the crash in equity markets) that Indian markets might see.'
US short-seller Hindenburg Research had shared an advance copy of its damning report against Adani group with New York-based hedge fund manager Mark Kingdon about two months before publishing it and profited from a deal to share spoils from share price movement, according to market regulator Sebi. The Securities and Exchange Board of India (Sebi), in its 46-page show cause notice to Hindenburg, detailed how the US short seller, the New York hedge fund and a broker tied to Kotak Mahindra Bank benefited from the over USD 150 billion routs in the market value of Adani group's 10 listed firms post-publication of the report.
The Reserve Bank has asked banks to encourage borrowers to hedge agri-products on commodity bourses.
Some of the world's top hedge funds have been granted direct entry into the Indian stock markets, nearly three months after the Securities and Exchange Board of India imposed curbs on foreign investments through the participatory note (P-note) route.
Ask rediffGURU and PF expert Nitin Narkhede your mutual fund and personal finance-related questions.
A hedge fund is an investment vehicle that pursues absolute returns on its underlying investments, which includes stocks, bonds, commodities, currencies, derivatives, etc., while applying non-traditional portfolio management techniques such as shorting, leveraging, arbitrage, swaps, and so on.
The yen and hedge funds are at centre stage, but what will happen if China diversifies into holding the yen.
Tasting success with the relaunch of Sensex derivatives in the onshore market, BSE is preparing for the 'offshore' debut of its 30-share index, which has become synonymous with the domestic markets. Sources in the know said that the India International Exchange (India INX), a subsidiary of BSE, received approval in July from the International Financial Services Centres Authority (IFSCA) to launch Sensex 30 derivatives contracts.
'No political party can antagonise Ambedkarite voters, particularly the neo-Buddhists.'
In addition to that, an increasing number of airlines like SpiceJet, national carrier Air India and GoAir are either getting into hedging of aviation turbine fuel or increasing the quantum of ATF hedged on the MCX. Last month, state-run Indian Oil Corporation approached MCX to provide it with a platform to hedge its refinery margins and end products from crude oil.
19% of 320 institutional investors managing $1.3 trillion prefer India as investment destination in 2017
Do not underestimate the ingenuity of the Deep State in America to have its way. Keeping the guard down will be a catastrophic mistake on the part of the Delhi establishment. We could get hit when least expected. That's what happened in Bangladesh and Syria, warns Ambassador M K Bhadrakumar.
Domestic airlines may soon be able to hedge their risk of jet fuel prices. The government is considering a proposal to allow Indian carriers to hedge the price risk of aviation turbine fuel purchased from oil marketing companies in the country.
'Higher interest rates make gold less attractive as it doesn't generate yield.' 'However, with rates set to fall, the tables are turning for gold.'
Sri lankan-born Rajaratnam along with his co-conspirator Danielle Chiesi was indicted on Tuesday on charges of using non-public information from company executives to earn around $21 million in illegal profits, according to the 37-page indictment.
The outlook for India's financial sector appears bright, but it needs to brace for likely vulnerabilities, said Economic Survey 2023-24 tabled in Parliament on Monday. The Indian financial sector is at a "turnpike moment", it said, adding that the dominance of banking support to credit is being reduced, and the role of capital markets is rising. For a country that aspires to be a developed nation by 2047, this is a long-awaited and welcome development, it said.
Continue to invest normally unless prices fall drastically in April-May. If prices do fall drastically, invest more than normal, advises Devangshu Datta.
Hedge funds maximise absolute returns using a broad range of strategies including unconventional and liquid investments. Quoting people familiar with the matter the Wall Street Journal said: "The Securities and Exchange Commission ordered more than two dozen hedge funds to turn over trading information as it ramps up its investigation into whether traders were spreading rumours to manipulate shares."
Those three wickets for six runs, in a manic final 15 minutes of the day's play, undid all the good work that had gone before, asserts Prem Panicker.
Renaissance Technologies, the world's largest hedge fund firm handling assets worth $35.4 billion (Rs 1,41,600 crore), has received approval from the Securities and Exchange Board of India to operate in the Indian stock markets as a foreign institutional investor.
Two teams with fault lines in their batting, up against two of the best bowling sides in the game today -- the question that determines the outcome is, is your weakness greater than mine?
India's leading agri commodities bourse - the National Commodity and Derivative Exchange - has asked the government to permit banks to hedge at domestic commodity exchanges like international bourses.
