Sun, Oct 26, 2014
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Alternative Market Briefing

Scepticism on hedge fund performance is growing: hedge fund news, week 52

Monday, December 31, 2012

In the week-ending 28th December 2012, Future Capital Partners told FTAdviser it would be launching four enterprise investment scheme investments within entertainment and media, renewable energy, land allocation services and the alternative investment market.

The Parker FX index reported a +0.15% return for November 2012 (-1.53% YTD); The Morningstar MSCI Composite Hedge Fund Index went up 0.5% (est.) (4.8% YTD); And the Dow Jones Credit Suisse Hedge Fund Index finished up 0.64% (+3.27% YTD).

Hedge funds that invest in mortgage-backed securities gained 13.9% through November to make them the industry's best-performing strategy, according to the Absolute Return index; AlphaClone.com said the best performing hedge fund clones were two biotech funds, DAFNA and Ridgeback, followed by tiger cub Second Curve, a financials focused fund.

Sloane Robinson's flagship emerging markets fund is down 1.7% YTD after losing 17% last year, and the firm’s AUM is down to $2.5bn from a high of $15bn in ’08, said Reuters; RAB Capital saw its flagship fund lose 20% in November due to a losing position in an oil exploration company.

The Economist wrote a negative article about hedge funds’ performance in the last decade, pointing out the industry’s only trump card is its few star managers; Harold Ehrlich, adviser to JPMorgan's FoHF, told ......................

To view our full article Click here

Banner

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. Commodities - Oil wreaking havoc on small-cap energy stocks sliding 36%[more]

    From Bloomberg.com: Owning almost anything in the U.S. stock market has been a losing proposition since September. Owning smaller energy companies has been a catastrophe. Hercules Offshore Inc. and Resolute Energy Corp. are among 19 oil-and-gas equities in the Russell 2000 Index that lost more than

  2. Investing - Hedge funds favor equity long/short, Strategic bond managers hedge against further high yield sell-off[more]

    Hedge funds favor equity long/short From Securitieslendingtimes.com: Equity long/short strategies will generate good returns for hedge funds in the future, according to a panel at this year’s Risk Management Association Conference on Securities Lending in Naples, Florida. Panellists Sand

  3. Legal - Ex-hedge fund analyst weeps as judge hands down 5 year sentence, Former Columbus investment manager Steven P. Moore indicted on theft charges, SEBI confirms ban for Hong Kong hedge fund, SEC announces enforcement action against compliance officer[more]

    Ex-hedge fund analyst weeps as judge hands down 5 year sentence From Hereisthecity.com: An ex-hedge fund analyst was sentenced to 5 years in prison for his role in insider-trading scheme. The New York Post reports that former hedge fund analyst Matthew Teeple was sentenced Thursday to fiv

  4. Goldman in talks to acquire IndexIQ[more]

    From Bloomberg.com: Can Goldman Sachs put ETF investors on a liquid diet? Goldman is in talks to acquire IndexIQ, Reuters has reported. Index IQ is a small exchange-traded-fund firm known mostly for products that replicate hedge fund strategies, called "liquid alternative" ETFs. While IndexIQ has 11

  5. Other Voices: CALPERS dilemma should be a warning to hedge funds wanting institutional investors[more]

    From Ian Hamilton, founder of IDS Group. A quick comment on the CALPERS’ disinvestment from the hedge fund market and the jitters it is causing. Pension Funds should not be sheep and follow CALPERS’ decision as the issues that CALPERS has with hedge fund investments are in many ways unique t