World's Best Hedge Fund Networking in New York with Alternative Investment Managers, Traders, Quants, Investors and Advisors

Hedge Funds Happy Hour New York City (hfhappyhour.com), Every 2nd Tuesday, Brings Together Hedge Funds Managers, Investors and Traders for Evenings of Fast-paced Networking and Cocktails in Midtown Manhattan.

NY, NY (prHWY.com) January 9, 2013 - New York, NY, January 09, 2013 -- Hedge Funds Happy Hour New York City (hfhappyhour.com) congregated a terrific alternative investments audience of hedge fund managers, traders, quants, investors and key decision makers for an evening of networking and cocktails on January 8th in their first event of 2013, at Prime 333, an upscale steakhouse located in Midtown East with flat screen TV adorning their bar; pictures of the networking reception can be found in their Facebook page: http://www.facebook.com/HFTHappyHour. Hedge Funds Happy Hour New York City is held the 2nd Tuesday of every month.

According to Opalesque, hedge funds ended 2012 on a positive note returning an average of +1.5% in December, +1.8% in Q4 and ending the full year +7.3%. Returns lagged broad equity markets for the year, but outperformed in Q4 and many strategies produced strong returns for the year, according to new data from eVestment. Many strategies returned nearly 10%, with credit, volatility and emerging markets producing the year's best returns. Credit funds were the stars of 2012, outperforming equities and overtaking them in assets under management for the first time on record. Credit funds were up 12% over equity funds in 2012 overall. Mortgage funds followed credit, returning over 60% in the last 3 years, nearly 5x better than the average hedge fund. Overall, the industry saw approximately $40bn of inflows through November despite often choppy performance, almost doubling last year's full total. This year is already on track to be equally tumultuous, with fiscal cliff/drag, taxes and more regulation on deck for the alternatives industry.

Hedge Funds Happy Hour New York City is produced by Golden Networking (http://www.goldennetworking.net), the premier networking community for business executives, entrepreneurs and investors. Companies represented in past editions of Golden Networking's Happy Hour include Alaris Trading Partners, Andrews Securities, Atlantic Advisory Group, Avatar, Capital Advisors, Citadel, Citi, CNBC, Comscient, Credit Suisse, DE Shaw, Deutsche Bank, Duane Morris, Eagle View Asset Management, Falcon Technology Systems, GETCO, Goldman Sachs, Greyfields, IBM, Infinium Capital, Lightspeed, Lime Brokerage, Mahogany Partners, MNG Capital , Monolith Capital Trading Partners, Morgan Stanley, MSF Capital Advisors, Nirvana Capital, Nobilis Capital, OneMarketData, OneTick, RBS, SBS Securities, Selerity, Silver Leaf Partners, Traderworx, Twin Capital Management, UBS, among others.

Panelists, speakers and sponsors are invited to contact Golden Networking by calling +1-414-FORUMS0 or sending an email to info@goldennetworking.net. Golden Networking has been frequently featured in the press, including recent articles in The Wall Street Journal, "Happy Hour for High-Frequency Trading", The New York Times, "Golden Networking Helps Job Seekers Make Overseas Connections", Los Angeles Times, "Speed-addicted traders dominate today's stock market", Reuters, "Revamp looms as trading experts huddle at SEC" and Columbia Business School's Hermes Alumni Magazine, "10 Under 10".

Contact:
Julia Petrova
Media Relations Manager
Golden Networking
New York, NY
+1-414-FORUMS0
jpetrova@goldennetworking.net
http://www.goldennetworking.net

###

Tag Words: credit, traders, funds, trading, investment

Categories: Banking

Link To This Press Release:

URL HTML Code