Sun, May 27, 2018
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Alternative Market Briefing

Hedge funds finished October in the red amid trend reversals across several sectors: hedge fund news, week 45

Monday, November 12, 2012

In the week-ending November 9th, 2012, it was reported that RWC Partners had launched a European activist fund for UK investors; Indian firm Karvi Group is to launch an equity and currency hedge fund; Forefront Alternative Investment Trust, another Indian firm, is to launch its first hedge fund too; Dromeus Capital is raising a new fund to profit from “outstanding” investment opportunities in Greece; and Mans Larsson, the former head of the London office at Canyon Capital Advisors, is set to launch a credit-focused fund early next year.

Matrix Group, a UK group of financial companies, tried to protect Matrix Group Ltd and Matrix-Securities Ltd and filed a notice of intention to appoint administrators; Opalesque later learned that Matrix’s property business would spin out, its FoF business, its structured finance business and its film financing business would be acquired by third parties, its money management business might also change hands, and its alternative asset management and its corporate capital businesses were in the process of winding down. A rising number of small hedge funds are shutting their doors, the FT reported.

The UCITS Alternative index Global ended October down -0.17% (0.81% YTD); The UCI......................

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. Investing - Hedge funds hike Smurfit Kappa positions amid takeover deal hopes, Hedge fund IBV Capital digs deep to unlock long-term value in a competitive market, Eisman of 'The Big Short' fame recommends shorting Deutsche Bank[more]

    Hedge funds hike Smurfit Kappa positions amid takeover deal hopes From Irishtimes.com: Two US hedge funds, Davidson Kempner and York Capital, have accumulated a combined 4.74 per cent interest in cardboard box maker Smurfit Kappa using financial derivatives. It comes as many investors cl

  2. Foundations of hedge fund managers gave big to controversial donor-advised funds[more]

    In the world of philanthropy and tax-deductible charitable giving, the explosion of donor-advised funds has touched off intense debate. Now, there is evidence that the DAF boom is being further fuelled by hedge fund foundation money. Four of the top five foundations that gave the most to large do

  3. Third Point to raise $400 million for SPAC, Farley to run it[more]

    From Reuters.com: Daniel Loeb's hedge fund Third Point LLC plans to raise $400 million for a "blank check" company which will be run by outgoing stock market operator NYSE Group President Thomas Farley, according to a regulatory filing made on Tuesday. The new company, referred to on Wall Stre

  4. Study: For hedge funds, smaller is better[more]

    From Institutionalinvestor.com: The smaller the hedge fund is, the better its performance is likely to be, according to a new study. The study - "Size, Age, and the Performance Life Cycle of Hedge Funds," released April 26 - sought to determine whether a hedge fund's size and age had any effect on i

  5. Hedge fund returns rose in April for first gain since January[more]

    From Bloomberg.com: Bloomberg Hedge Fund Database shows returns flat this year - Currency strategies had the biggest monthly gain at 13% Hedge fund returns increased 0.78 percent in April, reversing two consecutive monthly declines. The swing of 134 basis points was driven by gains in all seven