In the week-ending 07 September 2012, it was reported that Man Group and Nomura are to launch the Nomura Man Systematic Fixed Income fund; Laffitte Capital launched its third fund, the Laffitte Index Arbitrage fund; Blackstone Group raised about $1.5bn from clients for a fund that will be managed by David Blitzer; Sustainable Options Ltd announced the launch of the Sustainable Resources Fund, an open ended hedge fund; Schroders said it would launch in October a Global Macro Bond fund with Bob Jolly; Sweden’s largest hedge fund manager Brummer and Partners launched a European hedge fund that capitalizes on 'global financial imbalances’; GulfMena and Solo Capital said they plan to launch a new DIFC-based hedge fund; and Duet Asset Management hired a Macquarie executive to start a hedge fund to bet on macroeconomic trends in emerging markets.
Joseph Russell will wind down his hedge fund Bell Point Capital Management by the end of the year, return money to investors and retire.
The HFRX Global Hedge Fund Index was up 0.51% in August (+2.29% YTD);
The Credit Suisse Liquid Alternative Beta Index was up 0.53% (+2.37% YTD);
The Dow Jones Credit Suisse Core Hedge Fund ......................
To view our full article Click here