In the week ending January 25, 2013, Connecticut fund of hedge funds Simple Alternatives said it was looking for a new manager to allocate to; Odey A. M. was reported to be planning to launch a UCITS version of its flagship hedge fund strategy; Steve Gross, founder of New York-based AlphaParity, launched his new global macro fund; Pierre Andurand set up Andurand Capital and will launch a managed account fund in February; and Waypoint Asset Management launched a new emerging markets-focused hedge fund.
Systematic manager Cantab Capital launched a macro fund which will be open to external investors on February 1; Diapason Commodities launched a relative value petroleum fund; and EFG A. M. announced plans to launch a multi-asset fund in April as part of its expansion into the UK.
The Dow Jones Credit Suisse Hedge Fund index finished December up 1.48% (+7.67% YTD);
The Emanagers Total Index was up 1.37% (+5.2......................
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