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Emerging market debt: Back to the future?

Emerging market debt: Back to the future?

By Francesc Balcells, CIO of EM Debt at FIM Partners, an institutional asset manager focused on emerging markets. 

The FED and other central banks launch massive asset purchases, equities and global bonds rally, the market piles on inflation hedges, industrial commodities strengthen, and the dollar dips.   

DEDICATED MANAGED ACCOUNTS

Demonstrating control in a crisis (again): How Covid-19 has reaffirmed the hedge fund allocator shift to dedicated managed accounts

Demonstrating control in a crisis (again): How Covid-19 has reaffirmed the hedge fund allocator shift to dedicated managed accounts

By Joshua D Kestler, Global Head of HedgeMark, BNY Mellon – In the 12 years since the 2008 financial crisis, many large institutional investors have adopted Dedicated Managed Account (DMA) structures in order to address the challenges in commingled hedge funds that were exposed during the crisis (click here for a brief refresher). These investors were well-prepared to more effectively manage their portfolios through the market volatility which has resulted from the Covid-19 pandemic while eliminating many of the structural risks that can be exacerbated during a crisis scenario.