Opalesque Exclusive: Emerging manager hedge funds and CTAs gained 0.72% in April (+3.18% YTD)... [more]Florian Guldner, Opalesque Research: Emerging manager hedge funds and managed futures funds posted their sixth consecutive positive month in April, according to an estimation based on the data of 240 funds listed in Opalesque Solutions' Emanagers database. The Emanagers Total Index

Opalesque Roundtable: Japan offers real opportunity for financial securities trading... [more]From Precy Dumlao, Opalesque Asia: Fund managers who want to build a business trading in financial securities and are looking for reliable alpha generation should look at Japan, the real big story in Asia, whereas China is just the sideshow, said Peter Douglas, head of the Singapore-based hedge

April hedge fund asset flows slow to the smallest growth rate to start a year on record +0.2%... [more]Bailey McCann, Opalesque New York: Investor flows for hedge funds were effectively flat during the April and YTD net inflows of $5.8bn in the first four months is the slowest growth to start a year on record, according to the latest asset flow data from

Market neutral fund exposures near 2012 highs - Bank of America Merrill Lynch... [more]Bailey McCann, Opalesque New York: Market Neutral hedge funds have increased market exposure to 16% net long, approaching the 2012 high, according to

Senior SEC official supports hedge fund ads... [more]From Precy Dumlao, Opalesque Asia – All roads are leading to the lifting of the hedge fund advertising rule, as another senior official from the Securities and Exchange Commission (SEC) said she favors allowing hedge funds to publicly advertise. But SEC Commissioner Elisse Walter said the rule

Singapore may get ahead of Switzerland on tax matters... [more]Benedicte Gravrand, Opalesque Geneva: - Bank secrecy was codified by the 1934 Swiss Banking Act, and is prevalent in certain countries such as Switzerland, Lebanon, Singapore and Luxembourg, as well as offshore banks and other tax h

Performance – Chenavari Investment holds off U.S. dominance to crack big league of top hedge fund performers, BlueCrest credit hedge fund makes gains despite European short bias, Sensato Asia-Pacific Fund up 15% YTD, says Japanese stock valuations are no longer attractive, ETF that follows hedge fund gurus is up 52% since inception less than a year ago... [more]Chenavari Investment holds off U.S. dominance to crack big league of top hedge fund performers From Cityam.com: A boutique London-based hedge fund has smashed into the top three best performing funds in the world this year, breaking the dominance of US hedge fund managers, according to a

SS&C GlobeOp Forward Redemption Indicator for May measures 3.77%, up from 2.95% in April... [more]The SS&C GlobeOp Forward Redemption Indicator for May 2013 measured 3.77%, up from 2.95% in April. “Redemption requests are in line with the May historical averages,” said Bill Stone, Chairman and Chief Executive Officer, SS&C Technologies. The SS&C GlobeOp Forward Redemption Indicator represe

Investing – WPX Energy rises as hedge fund discloses stake, Hedge funds increase semiconductor short bets, U.S. hedge fund Forum Capital to pick 49% in Nitesh Estates' SPV... [more]WPX Energy rises as hedge fund discloses stake From AP/Businessweek.com: Shares of WPX Energy soared to an all-time high on Monday as a hedge fund disclosed a minority stake in the oil and gas company. THE SPARK: Taconic Capital Advisors LP said in a regulatory filing that it now h

Comment – Contrarian hedge fund manager Douglas Kass thinks stocks ripe for fall, CFA Institute calls for reform in six areas of financial industry at annual conference in Singapore... [more]Contrarian hedge fund manager Douglas Kass thinks stocks ripe for fall From Sun-sentinel.com: Hedge fund manager Douglas Kass has always been a contrarian, whether it's predicting a "bear" market when the Dow and the S&P 500 both topped new record highs earlier in the week or deciding to

Legal – Russia asks Interpol to monitor movements of British hedge fund boss Bill Browder, SAC said to consider deal that would shut fund to outsiders, Gupta challenges U.S. use of wiretaps in insider appeal... [more]Russia asks Interpol to monitor movements of British hedge fund boss Bill Browder From Independent.co.uk: Russia has applied to Interpol to monitor the travel and whereabouts of a British hedge fund boss wanted by Moscow who is at the heart of a diplomatic stand-off over the alleged kill

Europe – Toscafund bullish on UK economy and stock market, Boom in UCITS hedge funds helps London keep the edge... [more]Toscafund bullish on UK economy and stock market From Reuters.com: A booming population, fuelled by immigration, will help Britain's economy to grow more strongly than Germany's later this decade and could drive its stock market much higher, according to one of the UK's biggest equity he

Commodities – Hedge funds turn sweeter on most agriculture but not sugar, CFTC: Hedge funds hold record short in gold, Hedge funds boost ICE Brent crude net-longs to six-week high... [more]Hedge funds turn sweeter on most agriculture but not sugar From Agrimoney.com: Sugar futures, hurt by fears that poor price prospects will force some Brazilian mills to close, missed out on a further turn positive by hedge funds on agricultural commodities, with exposure to rising cocoa

Activist News – Hedge fund Quantum Pacific is trying to overthrow the board of Intrepid Mines... [more]From TheAustralian.com.au: The Hong Kong-based hedge fund trying to overthrow the board of Intrepid Mines was in contact with the holders of the title for the big Tujuh Bukit copper and gold deposit in Indonesia before the Australian company's staff were ordered offsite. Quantum Pacific managi

Service Providers – Credit Suisse replaces Morgan Stanley as Asia's No. 2 prime broker, HSBC preps international prime finance service, The IMS Group, HedgeOp Compliance and Evenwheel Solutions come together as Cordium... [more]Credit Suisse replaces Morgan Stanley as Asia's No. 2 prime broker From business-standard.com: The Asian prime brokerage unit of Credit Suisse has replaced Morgan Stanley as the second largest firm servicing the region's $148 billion hedge funds industry, a survey showed. The annual surv

News Briefs – Altegris Macro Strategy Fund adds global strategies of 300 North and Willowbridge to portfolio, Update: Acquisition of Cazenove Capital by Schroders plc approved by shareholders... [more]Altegris Macro Strategy Fund adds global strategies of 300 North and Willowbridge to portfolio Altegris, provider of premier alternative investments, has allocated assets in its Altegris Macro Strategy Fund to the global macro strategies of 300 North Capital, LLC and Willowbridge Associa

…And Finally – Swaziland bans high flying witches... [more]From Orange.co.uk: Swaziland is cracking down on high-flying witches by banning them from flying above an altitude of 150 metres. Anyone caught flying a broomstick above the limit faces arrest and a hefty fine of about £35,000, the country's civil aviation authorities said this week. "A