Hedge fund redemptions rose significantly in December. Investors were nervous about stock market volatility, global economic uncertainty, major commodity price downturns and other economic factors.
Merger and acquisition (M&A) deals in North America and Asia-Pacific are set to rise this year while Europe, the Middle East and Africa and Latin America are forecast to see falls, according to data from Intralinks Deal Flow Predictor.
US and UK public pension plans announced 215 new private equity mandate awards in the last quarter of 2018 for a total of 954 for 2018, according to eVestment data.
Forty-two per cent of hedge fund managers were able to raise new capital in 2018. However, the majority reported redemptions and/or lost money in 2018, one of the most challenging years for the industry in a decade, according to eVestment.