Wed, Aug 5, 2015
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Alternative Market Briefing

Equity hedge and event driven hedge funds expected to be winners in 2013: hedge fund news, week 40

Monday, October 07, 2013

In the week-ending 4 October, 2013, hedge fund manager GAM said many equity hedge and event driven hedge funds had emerged as winners in September and expects this trend to continue through the rest of 2013.

Some 500 hedge funds were launched across the globe in the first seven months of 2013, said data provider Eurekahedge; UBS O’Connor said it would open its first Asia hedge fund, launched in August, to investors later this year; and Bruce S. MacDonald is reportedly forming Crayna Capital, a mission-based fund of hedge funds manager and investment consulting firm.

Loeb King Capital launched an event driven mutual fund that will use alternative strategies; Cowen Group’s Ramius launched an event driven equity mutual fund that focuses on activism; Universal-Investment and Stratton Street jointly launched a UCITS Renminbi Bond Fund; and the Alpha UCITS Platform launched a UCITS version of Italia Equity fund with $80m in initial capital.

The Parker FX Index was down 1.33% August (-0.78% YTD); And the Morningstar MSCI Composite EW Hedge Fund Index fell 0.66% (est.) (4.06% YTD). The HFRX Global Hedge Fund Index gained +0.96% in September (+4.29% YTD); The Credit Suisse Liquid Alternative Beta (LAB) Index was up 1.39% (+4.29% YTD) The Greenwich Global Hedge Fund Index rose +2.35% (est.) (6.07% YTD);......................

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. Activist News - Celgene says patent-fighting hedge fund manager wants to short its shares[more]

    From Reuters.com: Celgene Corp, one of the world's largest biotechnology companies, has accused U.S. hedge fund manager Kyle Bass of attempting to profit from his attempts to wipe out several major drug patents through his Coalition for Affordable Drugs. The company asked the U.S. Patent and T

  2. Einhorn's Greenlight Capital hedge fund slumps 6.1 percent in July[more]

    From Reuters/Thefiscaltimes.com: Hedge fund mogul David Einhorn's Greenlight Capital slumped 6.1 percent in July and is now down 9 percent for the year after gold, one of the fund's top holdings, tumbled to five-year lows last week. Greenlight notified clients of its returns late on Friday, ac

  3. Performance - Some hedge fund small-cap energy stocks have been free falling, Dan Loeb's simple strategy destroys the market, Baupost lost 1.4% last quarter as energy bargains proved elusive[more]

    Some hedge fund small-cap energy stocks have been free falling From Marketrealist.com: According to a July 28, 2015, Bloomberg article, there was a 34% fall in small-cap energy stocks over the past three months. These shares are tracked by the Russell 2000 Energy Index. Small-cap energy

  4. Legal - Hedge funds hit Rothstein Kass with $75m malpractice suit, JPMorgan questioned on private bank’s hedge fund disclosures, Kijani fund, seized by regulators in Cayman Islands, spotlights risks in lightly regulated market[more]

    Hedge funds hit Rothstein Kass with $75m malpractice suit From Law360.com: Two investment funds have sued Rothstein Kass & Co. PC for at least $75 million, claiming the New Jersey auditing firm committed accounting malpractice by failing to properly scrutinize overblown valuations of the

  5. Assets - Hedge funds are getting smoked by the commodities slump, Global ETF assets could more than double by 2020[more]

    Hedge funds are getting smoked by the commodities slump From Businessinsider.in: The collapse in commodity prices has burnt another hedge fund. Vermillion, a commodity hedge fund backed by Carlyle Group, has seen its flagship fund's assets fall from nearly $2 billion to less $50 million,

 

banner