Wed, Oct 22, 2014
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Alternative Market Briefing

Hedge funds attracted $360bn new money this year: hedge fund news, week 50

Monday, December 16, 2013

In the week ending 13 December, 2012, Preqin said hedge fund managers attracted some $360bn in fresh assets this year despite lagging performance. Meanwhile BarclayHedge and TrimTabs said hedge fund investors redeemed $2.2bn (0.1% of assets) in October, the second highest this year. According to Nasdaq, the combined assets of ETFs and ETPs have surpassed or are posed to surpass assets invested in hedge funds.

Data compiled by Bloomberg showed that the hedge fund industry is headed for its worst annual performance compared to U.S. stocks since 2005; and AIMA said the decline in hedge funds returns is a sign of changing investor’s sophistication but does not mean the industry is less attractive.

Alp Ercil raised $1.1bn for one of the biggest hedge fund launches in Asia this year; Greg Lippmann’s LibreMax is to start a fund that will invest in private student-loan debt; and Coeli Asset and IMQubator launched the Coeli Macro strategy on dbSelect.

The HFRI Fund Weighted Composite Index posted its 11th gain in 13 months and is up 1.03% in November (8.31% YTD); The Eurekahedge Hedge Fund Index was up 1.37% (+7.39% YTD); The Lyxor Hedge Fund Index posted almost1% (+5.8% YTD); The Cre......................

To view our full article Click here

Banner

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. Commodities - Oil wreaking havoc on small-cap energy stocks sliding 36%[more]

    From Bloomberg.com: Owning almost anything in the U.S. stock market has been a losing proposition since September. Owning smaller energy companies has been a catastrophe. Hercules Offshore Inc. and Resolute Energy Corp. are among 19 oil-and-gas equities in the Russell 2000 Index that lost more than

  2. Investing - Hedge funds favor equity long/short, Strategic bond managers hedge against further high yield sell-off[more]

    Hedge funds favor equity long/short From Securitieslendingtimes.com: Equity long/short strategies will generate good returns for hedge funds in the future, according to a panel at this year’s Risk Management Association Conference on Securities Lending in Naples, Florida. Panellists Sand

  3. Legal - Ex-hedge fund analyst weeps as judge hands down 5 year sentence, Former Columbus investment manager Steven P. Moore indicted on theft charges, SEBI confirms ban for Hong Kong hedge fund, SEC announces enforcement action against compliance officer[more]

    Ex-hedge fund analyst weeps as judge hands down 5 year sentence From Hereisthecity.com: An ex-hedge fund analyst was sentenced to 5 years in prison for his role in insider-trading scheme. The New York Post reports that former hedge fund analyst Matthew Teeple was sentenced Thursday to fiv

  4. Goldman in talks to acquire IndexIQ[more]

    From Bloomberg.com: Can Goldman Sachs put ETF investors on a liquid diet? Goldman is in talks to acquire IndexIQ, Reuters has reported. Index IQ is a small exchange-traded-fund firm known mostly for products that replicate hedge fund strategies, called "liquid alternative" ETFs. While IndexIQ has 11

  5. Other Voices: CALPERS dilemma should be a warning to hedge funds wanting institutional investors[more]

    From Ian Hamilton, founder of IDS Group. A quick comment on the CALPERS’ disinvestment from the hedge fund market and the jitters it is causing. Pension Funds should not be sheep and follow CALPERS’ decision as the issues that CALPERS has with hedge fund investments are in many ways unique t