Mon, May 2, 2016
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Alternative Market Briefing

Total assets of the global fund industry worth around $120tln, says TheCityUK: hedge fund news, week 46

Monday, November 19, 2012

In the week-ending November 16th, 2012, Barnstar Opportunities Fund LP, a multi-disciplinary, special situations long-bias fund launched; emerging and frontier market investment specialist Fund Management Group (FMG) said it is launching a new hedge fund in January; emerging markets-focused Argo Group launched a new hedge fund - the Argo Local Markets Fund; GLG Ore Hill, a value-based, event-driven investment team focused on the North American credit markets, announced the creation and closing of the GLG Ore Hill KH Levered Credit Fund; BlackRock Inc., the world's largest asset manager, plans to start a long-short global credit hedge fund that would use the best ideas of the firm's leveraged finance team.

The hedge fund industry is expected to see a wave of new launches in the next year by traders who have lost their jobs at investment banks or who have left in search of better pay, CNBC said.

Woori Absolute Partners is raising a $200m seeding fund with NewAlpha to invest in Asian hedge funds looking for backers, according to Reuters; Brummer & Partners, Sweden’s largest hedge fund manager, plans to take a stake in a new London-based firm set up by the two former co-CIOs of Rubicon Fund Management, Tim Attias and Santiago Alarco,......................

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. Hedge funds see $14.3bn outflows in Q1, CTAs and multi-strategy lead net inflows[more]

    Komfie Manalo, Opalesque Asia: The hedge fund industry saw net outflows of investor capital in the first quarter of the year, totaling $14.3bn, data from Preqin showed. This continues from the $8.9bn overall net outflows that funds recorded in Q4

  2. Third Point calls Q1 "catastrophic" for hedge funds[more]

    Bailey McCann, Opalesque New York: The first quarter of this year was rocky for hedge funds based on aggregate performance from the industry, but now we are beginning to hear what the managers thought of it as quarterly letters make their way to investors. Dan Loeb, CEO of New York-based $17 bill

  3. Asia - Stabilization of China's capital outflows may hinge on Janet Yellen, Fink says China to do well this year as bubble threat postponed, Chinese hedge fund to invest in India’s infrastructure[more]

    Stabilization of China's capital outflows may hinge on Janet Yellen From Bloomberg.com: Whether China’s recent stabilization of its currency and capital outflows continues -- or downside pressure reignites -- may hinge in large part on Janet Yellen. If the Federal Reserve chair sticks to

  4. …And Finally - After all, judges are human too[more]

    From Newsoftheweird.com: In March, one District of Columbia government administrative law judge was charged with misdemeanor assault on another. Judge Sharon Goodie said she wanted to give Judge Joan Davenport some files, but Davenport, in her office, would not answer the door. Goodie said once the

  5. Comment - Unmasking the men behind Zero Hedge, Wall Street's renegade blog[more]

    From Bloomberg.com: Colin Lokey, also known as "Tyler Durden," is breaking the first rule of Fight Club: You do not talk about Fight Club. He’s also breaking the second rule of Fight Club. (See the first rule.) After more than a year writing for the financial website Zero Hedge under the n