eVestment's Top Hedge Funds In August 2019
Industry tracker eVestment's list of the most popular hedge fund managers and products - defined as those which received the most views on the eVestment platform by eVestment's asset owner and consultant subscribers - in August are in, and a new face emerges at number 1 at the product level: Corbin Capital's Pinehurst Partners product. London-listed investment manager Man Group's AHL TargetRisk product came in second and Medalist Partner's Harvest Master Fund came in third.
At the firm level, AQR Capital Management was the winner in August - the firm's products, in aggregate, received more views than any other. Bridgewater's came second, with its Optimal Portfolio Fund the most viewed product for Ray Dalio's firm and Man Group came third, with its AHL division's TargetRisk product the most viewed product for the London-based firm.
At the strategy level, long/short equity yet again won out, despite rocky equity markets in August. The strategy has been the most viewed every month this year; Select Equity Group's SEG Partners Fund was the most viewed product in that category. Multi-strategy multi-markets was second, and fundamental long/short credit came in third.
eVestment also monitors those firms which are 'rising' - i.e they receive significantly more views than their six-month moving average. SPX Capital, Grantham, Mayo, Van Otterloo & Co and Kingdon Capital were the three firms which were August's fastest risers.
At the product level, Medalist Partners' Harvest Master Fund was August's biggest riser, followed by Man AHL's TargetRisk product. Corbin Capital's Pinehurst Partners, the overall most viewed product, was the third fastest riser vs the previous six months of activity.
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