Absolute Returns

Clearlake was previously part of CalPERS Emerging Manager Program through an investment in a fund-of-funds. The new commitment is a direct investment. The fund, Clearlake Capital Partners III, will make distressed and special situations investments in small and medium-sized companies.

THEAM has just renamed its smart beta BNPP L1 Equity World Low Volatility fund Parvest Equity World Low Volatility. The fund’s strategy and portfolio management team remain unchanged...

The Lyxor Hedge Fund Index was up +0.8% in April, bringing year-to-date performance to +3.2%. 12 Lyxor Strategy Indices out of 14 ended the month in positive territory, led by the Lyxor L/S Equity Market Neutral Index (+3.9%), the Lyxor CTA Long Term Index (+3.0%) and the Lyxor Merger Arbitrage Index (+1.5%).

UCITS hedge funds are typically more volatile and underperform their non-UCITS hedge fund rivals, a new comprehensive comparative study by the EDHEC-Risk Institute has found...

The Lyxor Hedge Fund Index was up +0.62% in March, bringing year-to-date performance to +2.36%. 10 Lyxor Strategy Indices out of 14 ended the month in positive territory, led by the Lyxor Special Situations Index (+2.09%), the Lyxor L/S Equity Long Bias (+1.41%) and the Lyxor Merger Arbitrage Index (+1.14%).