Thu, Apr 19, 2018
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Alternative Market Briefing

New hedge fund launches rose in 2012: hedge fund news, Week 11

Monday, March 18, 2013

In the week ending March 15, 2013, Hedge Fund Research reported that new hedge fund launches had risen at year end 2012, narrowly trailing total launches for 2011 as total hedge fund industry assets increased to a record of $2.25tln; former Frontpoint manager Thomas Monaco is to start an Asia-focused hedge fund; Malta-based hedge fund Exante launched the first bitcoin fund in the region; and former GLG partners Bart Turtelboom and Karim Abdel-Motaal are to initiate one of the largest European hedge funds this year.

Credit Suisse said it would close down its unit that invests in hedge funds and other investment managers in compliance with new rules.

The Hennessee Hedge Fund index reported gains of 0.23% in February (+3.01% YTD); Eurekahedge’s Hedge Fund Index was up 0.13% (2.34% YTD); The Barclay Hedge Fund Index reported that the sector profited 0.42%, and brought YTD returns at 2.92%; The SS&C GlobeOP hedge fund index gained 0.37% (+3.05% YTD); And the Barclay CTA Index was down 0.53% (+0.77% YTD).

As for performance, Chris Hansen’s Valiant Capital lost 7.44% in the fourth quarter of 2012, compared the S&P 500 stock index which fell just 1% during the period; Cl......................

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. News Briefs - Agio launches cybersecurity suite for alternatives, Mother who ditched her hedge fund career to set up a healthy snack brand from her kitchen table now has a GBP 1.75m business[more]

    Agio launches cybersecurity suite for alternatives Agio, a provider of managed IT and cybersecurity services for the financial services, healthcare, and payments industries, announced today that it will launch Agio SkySuite, a fully-hosted public cloud productivity and cybersecurity suite

  2. Investing - Sequoia takes Facebook stake as shares slide in data controversy, $1.4b hedge fund sees intact fundamentals for Facebook, Jim Cramer reveals some 'suggested hedge fund trades' amid the Trump tariffs[more]

    Sequoia takes Facebook stake as shares slide in data controversy From Bloomberg.com: The $4.2 billion Sequoia Fund bought a small position in Facebook Inc. as the stock slid late in the first quarter, investment manager Ruane, Cunniff & Goldfarb told clients. "The recent controversy enab

  3. Activist Investors - Blue Sky-owned Wild Breads faces uncertain future[more]

    From AFR.com: A Blue Sky private equity investment in artisan-style baker Wild Breads enjoyed multiple valuation upgrades despite losing millions and breaching its lending covenants, accounts lodged with the regulator last week show. Wild Breads lost $2.4 million in 2017, but Blue Sky ascribed a hig

  4. Opalesque Exclusive: Barnegat to close hedge fund to outside investors on weak opportunities[more]

    Komfie Manalo, Opalesque Asia: Bob Treue's Barnegat Fund Management said it is closing its $666m fixed income relative value hedge fund to outside investors. "The negative side to gains in Fixed Income Arbitrage is that unless we find new opportunit

  5. Investing - Hedge fund makes a big bet on malls, British hedge fund manager Odey short UK government bonds on QE bet[more]

    Hedge fund makes a big bet on malls From Barrons.com: The dominant narrative on American shopping malls is that they're dead. Crushed by Amazon.com, many brick-and-mortar retail stores are destined for bankruptcy. And where is the most retail, clustered all together? Malls. From a