Mon, Sep 26, 2016
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Alternative Market Briefing

Hedge fund performance is getting clobbered this year: hedge fund news, week 35

Monday, September 03, 2012

In the week-ending 31 August 2012, it was reported that First Trust Advisors launched the First Trust CBOE S&P VIX Tail Hedge Fund last week; index provider and commodity hedge fund house Aquantum reported it would launch a UCITS multi-strategy managed futures fund; and BNP Paribas announced plans to launch a structured product UCITS fund offering exposure to European equities.

Tiger Asia’s Bill Hwang told investors that he was definitely closing his hedge fund amidst a three-year probe by Hong Kong securities officials as well as a U.S. Securities and Exchange Commission; Matrix Group said it would close its UCITS platform later this year and its Asia sub-fund closing in September; and Reid Walker and Stacy Smith confirmed the closure of Walker Smith small- and mid-cap equity hedge fund firm.

The Emanagers Total Index gained +2.50% in July (+4.13% YTD); the Opalesque A SQUARE Index advanced +2.18% (+2.05% YTD); and the Parker FX Index up +0.77% in July (-0.59% YTD).

Hedge fund performance is getting clobbered this year as the Bank of America Merrill Lynch’s investible hedge fund composite index showed the industry was up 1.85% so far in 2012 while the U.S. stock market gained +13.8% in 2012; Rotel......................

To view our full article Click here

Today's Exclusives Today's Other Voices More Exclusives
Previous Opalesque Exclusives                                  
More Other Voices
Previous Other Voices                                               
Access Alternative Market Briefing

 



  • Top Forwarded
  • Top Tracked
  • Top Searched
  1. North America - Acela fight splits hedge fund Connecticut and old money enclaves[more]

    From Bloomberg.com: Connecticut’s residential coastline is two worlds, the one of newcomer millionaires and one whose wealth and New England roots span generations. Now, their differences over a rail route threaten to gum up plans for the U.S. Northeast’s fastest-ever trains. About 30 miles from Man

  2. Activist News - Caesars offers creditors another $1.6bn, would spell end of hedge fund ownership, Activist investors double chance of CEO exits[more]

    Caesars offers creditors another $1.6bn, would spell end of hedge fund ownership From Calvinayre.com: Casino operator Caesars Entertainment has improved its offer to junior creditors to over $5b, but the offer is only good until Friday. On Wednesday, Caesars added an extra $1.6b to the $

  3. Nobel Sustainability Trust, Prince Albert II of Monaco help launch major new initiative to drive sustainable technologies[more]

    Matthias Knab, Opalesque: The Nobel Sustainability® Trust ("NST") is leading a major new initiative to finance, incubate and accelerate the development of clean technologies. The initiative will start with the formation of the Nobel Sustainability Fund® ("NSF"). NSF will drive faster access t

  4. Hedge funds saw four consecutive months of outflows in August, but assets still up by $17.6bn YTD[more]

    Komfie Manalo, Opalesque Asia: Hedge funds witnessed four consecutive months of outflows with investor redemptions totaling $23.8bn as of end of August, data provider Eurekahedge said in its monthly report. But total hedge fund assets grew by

  5. Trend reversals lead to losses as managed futures drops 1.52% in August[more]

    Komfie Manalo, Opalesque Asia: Trend reversals in August have led managed futures traders to lose 1.52% last month according to the Barclay CTA Index compiled by BarclayHedge. The Index is up 0.62% year to dat