Tue, Jul 29, 2014
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. Hedge fund manager Winton Capital making headway with long-only strategy[more]

    From PIonline.com: North American investors are helping Winton Capital Management Ltd. make progress — albeit slowly — toward its founder's goal of becoming a $100 billion company. The firm's ticket to quadrupling its assets under management is unlikely to be one of its scientifically designed manag

  2. Opalesque Roundtable: Success in hedge fund marketing not linked to performance, but investor appetite[more]

    Komfie Manalo, Opalesque Asia: Success in marketing a fund is not linked to the performance, but to investor appetite, to the way you can market the fund, and to how much time you can spend to raise assets, said Antoine Rolland, the CEO of incubator and seeding firm

  3. Opalesque Radio: Now is a good time to buy protection cheaply in the options market[more]

    Benedicte Gravrand, Opalesque Geneva: Investors are showing an increased interest in risk parity funds and strategies, Opalesque reported last year. Risk parity strategies have the

  4. The Big Picture: Charlemagne Capital smoothes risk out of frontier market investing with portfolio approach[more]

    Benedicte Gravrand, Opalesque Geneva: Opalesque recently talked to one of the portfolio managers of the Oaks funds, which are emerging and frontier market hedge funds focusing on equity long/short with a directional approach. They are run by

  5. Winton’s low-cost equities fund tops $1bn for first time[more]

    From FT.com: Winton, the London-based hedge fund, has increased the assets in its low-cost equities fund to more than $1bn for the first time in a sign that traditional stock managers may come under increasing pressure from computer-driven rivals. Winton, which manages about $25bn in total ass