In the week ending June 7, 2013, SunTx Capital partnered with Ron Dodson to launch IXTHYS Capital; former Mizuho trader Jeffrey Yap was reported to be launching a multi-strategy credit strategy; Valuewalk said CQS would launch a long/short equity hedge fund; and Spartan Fund has launched a discretionary fund onTREND.
Former JPMorgan trader Deepak Gulati raised about $300m in assets for his new hedge fund Argentiere Capital, said Bloomberg; and Goldman Sachs’ 'hedge fund for the masses’ raised $58m in first month.
Investec announced it was launching a UCITS-compliant version of John Stopford’s multi-asset fund; and Stockholm, Sweden-based RPM Risk & Portfolio Management launched the RPM Evolving CTA Fund targeting new and growing CTAs as Luxembourg‐domiciled fund (SICAV).
The HFRX finds Global Hedge Fund Index gained 0.75% in May (+4.55% YTD);
The Parker FX index lost -0.90% in April (+0.94% YTD);
The Credit Suisse Liquid Alternative Beta (LAB) Index was flat (+3.30% YTD);
The BofAML investable hedge fund index was up 0.94% (+4.......................
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