Tue, Oct 6, 2015
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Alternative Market Briefing

Paulson, Soros pile up on gold: hedge fund news, week 47

Monday, November 26, 2012

In the week-ending November 23rd, 2012, we heard that MainStay Investments had launched a new fund of hedge funds tailored to financial advisers with wealthier clients; Matterhorn Investment Management, a $400m London-based hedge fund, is to launch an emerging-markets hedge fund next year targeting South-east Asia; and Revere Capital Advisors just launched REM Marketing Solutions, to offer marketing advice and product consulting to early-stage hedge fund manager.

Libra Advisors LLC, a $2 billion hedge-fund firm, plans to return outside investors’ money, citing difficult markets made riskier by “unconventional monetary policies,” and said they are planning to become a family office; $230m-long/short equity hedge fund firm OMG Capital, which was set up in 2004 and grew to run $930m in 2009, is closing down and returning all money to investors, as the CIO said: “our strategy doesn’t work in the current environment.”

Citi has a $6bn hedge fund platform which consists of Tribeca, Old Lane, and other hedge funds with about $2.5bn-$3bn invested in, and recently decided to give the platform to the managers and spin them out.

The Emanagers Total Index lost 1.07% in October, reducing its YTD performance to +3.33%; The D......................

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. U.S. hedge funds prepare for worst finish this year since 2008[more]

    Komfie Manalo, Opalesque Asia: U.S.-focused hedge funds are preparing for their worst year since the 2008 global financial crisis, following a series of letdown including the market sell-off in August and the sell-off in healthcare and biotechnology sectors last month, reported

  2. Investing - AQR Capital and Renaissance Technologies raise stakes in Southwest Airlines[more]

    From Marketrealist.com: In the previous part of this series, we saw how institutional investors played Southwest Airlines (LUV) in 2Q15. Now let’s move on to the trades executed by key hedge funds in Southwest Airlines over the same period. … Most of the hedge funds that had significant exposu

  3. DoubleLine’s Jeffrey Gundlach warns of another round of market shakedown[more]

    Komfie Manalo, Opalesque Asia: DoubleLine Capital co-founder Jeffrey Gundlach is painting a bleak future as he warned that the U.S. equity market and other risk markets, such as high-yield "junk" bonds, are facing another round of selling pressure. Gundlach said in an interview with

  4. A hedge fund strategy that seems to have fizzled[more]

    From Gulfnews.com: The hedge fund strategy that has attracted the most money this year is on course to cause some of the biggest losses for investors, in the latest example of the dangers of going with the crowd. Institutions and individuals have piled an estimated $20 billion (Dh73 billion) into ma

  5. Hedge fund Barnegat survives September’s market selloff[more]

    Komfie Manalo, Opalesque Asia: Bob Treue’s $679 million Barnegat Fund proved resilient after another month of market letdown as the hedge fund gained 2.2% last month, bringing its year-to-date gains to 2.8%. Treue said in his monthly report to i