Tue, May 24, 2016
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Alternative Market Briefing

Hedge funds returned around 1% in September but inflows slowed down: hedge fund news, week 41

Monday, October 15, 2012

amb
Peter Muller
In the week-ending 12 October 2012, it was reported that Hong Kong-based Ardon Maroon Fund Management, which is run by former Wall Street bank executives, had launched an Asia-focused hedge fund with seed capital from a European family office; Peter Muller, founder of the proprietary trading group at Morgan Stanley, raised more than $500m from Blackstone Group for his stand-alone hedge fund; and Warren Ashenmil has reportedly left Tricadia Capital to start his own hedge fund called Jerica Capital.

Octavian Advisors, a $1bn hedge fund firm specializing in distressed investments, said it was shutting down following double-digits losses; the firm will start returning money to investors at the end of the year.

The HFRI Fund Weighted Composite Index was up1.1% in September (+4.7% YTD); The Bloomberg Global Aggregate Hedge Fund Index went up 0.6% (+3.6% YTD); The Lyxor Hedge Fund Index gained 0.2% (+2.2% YTD); The Hennessee index gained 1.26%, (5.03% YTD); The Eurekahedge Hedge fund index was up 2.63% in 3Q-2012 (+4.23% YTD); The Barclay Hedge Fund Index gained 1.79% (+5.99% YTD); The Greenwich Global Hedge Fund Index went up +0.99% (+4.6% YTD); And the SS&C GlobeOp Hedge Fund Performance Index showed that hedge funds were up 1.11% in September, but inflows were down.

Securitized credit funds returned +13.73% YTD versus +4.94% for the hedge fund aggregate’s performance, according to data from eVestment/HFN; Danie......................

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. Other voices: What current trends tell us about the future of the hedge fund industry[more]

    By: Don Steinbrugge, Agecroft Partners The following comments are excerpted from Agecroft Partners’ Don Steinbrugge’s presentation delivered at the 69th CFA Institute Annual Conference held on May 9th, 2016 in Montreal. In Mr. Steinbrugge’s session titled "What Current Trends Tell Us about th

  2. Investing - Steve Cohen boosted Sotheby’s stake to $86 million last quarter, Larry Robbins' hedge fund sells off all CHS, UHS hospital stocks, Tiger Global cut stakes in Amazon, JD.com, Apple last quarter, Invest in real estate near biotech hubs, Prudential’s Hyat says, Valeant: A hedge fund hotel wrecking ball[more]

    Steve Cohen boosted Sotheby’s stake to $86 million last quarter Billionaire trader and art collector Steve Cohen is on a buying spree of Sotheby’s shares. Cohen’s Point72 Asset Management acquired 1.2 million Sotheby’s shares, bringing its total to 3.2 million valued at $86.1 million at

  3. Legal - Boaz Weinstein wins round in fight with Canada’s PSP[more]

    From FT.com: Boaz Weinstein, the hedge fund manager credited with spotting JPMorgan’s “London Whale” in 2012, has won a round in a legal battle with Canada’s Public Sector Pension Investment Board that had become a test case of responsibilities when clients withdraw money. PSP sued Mr Weinstein and

  4. Regulatory - The latest Fannie and Freddie reform bill offers a bonanza for hedge funds[more]

    From WSJ.com: The latest housing finance reform bill making the rounds on Capitol Hill offers a bonanza for hedge funds seeking to cash in on their investments in Fannie Mae Mae and Freddie Mac—but the cost to taxpayers would be steep. Congressman Mick Mulvaney, the South Carolina Republican, introd

  5. West Virginia objects to Alpha Natural sale to hedge fund[more]

    From AP/Heraldcourier.com: West Virginia's environmental authority has filed an objection to the proposed $500 million sale of Alpha Natural Resources' assets to a hedge fund, arguing that the deal could leave the state holding hundreds of millions in reclamation liabilities. The Register-Hera