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In the week-ending 20 April, 2012, it was reported that former Goldman proprietary desk chief George Assaly would launch an equity-focused quant hedge fund named Alcova Asset Management; Zurich based global macro hedge fund manager Rialto Capital , announced plans to launch its second product during Q3; BlackRock launched its first U.S. equity hedge fund, the BlackRock Large Cap Series Hedge Fund; Julian Robertson’s Tiger Management said they would back a new hedge fund run by Knut Kjær; Miami-based Traders Alliance launched an in-house fund of hedge funds; and Renaissance Technologies begun trading its new hedge fund on March 1 with $3.5bn in assets.
Moore Capital Management-backed Salute Capital Management, run by Lev Mikheev announced plans to liquidate after its hedge fund lost 11% last year.
The Barclay Hedge Fund Index gained in March 0.19% (+5.69% YTD);
The Dow Jones Credit Suisse Hedge Fund Index finished up +0.05% (+4.40% YTD);
The Barclay CTA Index was down -1.21% (-0.27% YTD);
The EDHEC Convertible Arbitrage Index went up +0.63% (+5.3% YTD);
The Newedge CTA Index went down -1.88% (-0.45% YTD);
The RBC Hedge 250 Index returned +0.36% (+3.35% YTD);
The Hedge Fund Intelligence Global Composite Index was up +0.13% (+3.33% YTD);
The Parker Global Strategies Currency Managers Index dropp...................... To view our full article Click here
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