Sun, Mar 18, 2018
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Alternative Market Briefing

Global hedge fund industry gained $75bn in 2012, hedge fund news, week 01

Monday, January 07, 2013

In the week-ending January 4, 2013, Gabelli & Partners launched the credit hedge fund Gabelli Intermediate Credit Fund on January 1; and former Citadel head of securities Patrik Edsparr received a license to start an asset management company in Hong Kong.

The Nordic Hedge Fund index was up 0.26% in November (+3.46% YTD); the 'Alternative Alternatives' investment funds were up 0.42% in November (+2.75% in first 11 months of 2012); and the Credit Suisse Liquid Alternative Beta Index was up 1.13% in December (+3.22% YTD).

Bearish hedge funds managers lost out in 2012 with poor performance and change of fortunes for the eurozone, said Hedge Fund Research; Deepak Narula’s Metacapital Management was named the top performing hedge fund by Bloomberg Markets with 38% gains last year betting on mortgages; the two biggest hedge funds led by Citadel CEO Ken Griffin posted returns of about 26% in 2012; Daniel Loeb’s $9.3bn hedge fund Third Point ended 2012 up 21%, boosted by bet on Greek bonds; Larry Robbins’ $3.6bn hedge fund Glenview Capital outperformed its rivals with nearly 30% in 2012; and Valuewalk reported that hedge fund Bramshott gained 2.84% in November but Equinox and Providence lost during the month.

Data from Eurekahedge showed that hedge fund assets gained an additional $75bn in 2012 despite a tough mar......................

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. Performance - Hedge fund mojo is back with investor hopes at six-year high, These hedge funds produce the most consistently great results[more]

    Hedge fund mojo is back with investor hopes at six-year high From Hedge funds on the heels of a surprisingly strong performance in 2017 are raising hopes for an encore. Investors expect their managers to return 8.5 percent in 2018, according to a Credit Suisse Group AG sur

  2. Investing - Hedge funds amass big bets against world's leading advertisers, Investor Elliott Management buys tiny stake in Wipro[more]

    Hedge funds amass big bets against world's leading advertisers From Hedge funds have amassed bearish bets of more than $3bn against the world's largest advertising companies in an attempt to profit as the industry undergoes ongoing wrenching disruption and slowing growth. Funds i

  3. News Briefs - Investcorp to launch a $100 million PE fund for Omani pension funds[more]

    Bahrain-based investment firm Investcorp will soon launch a $100 million fund dedicated to Oman's Pension Funds as part of its investment plan. 'The Opportunities Fund' will be focused on private equity investments in the U.S. and Europe and will target mid-sized companies across a broad range of se

  4. DoubleLine's Gundlach sees U.S. 10-year Treasury yield rising, weighing on stocks[more]

    From Reuters/ Jeffrey Gundlach, the chief executive of DoubleLine Capital and known on Wall Street as the "Bond King," said on Tuesday the yield on the U.S. 10-year Treasury note will likely move higher and pressure riskier assets including equities and junk bonds. Gundlach, on an

  5. SEC charges Theranos CEO Holmes with fraud[more]

    Bailey McCann, Opalesque New York: The SEC has charged Elizabeth Holmes, founder and CEO of Theranos and its former President Ramesh "Sunny" Balwani with raising more than $700 million from investors through an elaborate, years-long fraud in which they exaggerated or made false statements about t