Thu, Oct 23, 2014
A A A
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

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