In the week-ending 16 August 2013, it was reported that the data collected under Dodd-Frank Act showed that hedge funds assets topped $4tln, the SEC said.
Assets of alternative UCITS exceeded EUR 100bn for the first time in Q2 2013; and hedge fund replication ETFs' assets have reached more than $100m in Q2.
Blackstone and Fidelity have teamed up to launch retail hedge fund Blackstone Alternative Multi-Manager Fund; and three former Goldman Sachs managing directors are reported to be planning to launch an Asia multi-strategy hedge fund.
CTA specialist RPM and Privium Fund Management are set to launch the “Evolving CTA Fund”; and Polar Capital said it would launch a UCITS global convertible fund.
The Hennessee Hedge Fund Index gained +1.82% in July (+6.91% YTD);
The Barclay Hedge Fund Index rose 1.73% (+5.86% YTD);
The SS&C GlobeOp performance index was up 1.52% (+6.55% YTD);
Lyxor reported positive gains of 1.32% (+3.19% YTD);
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