Mon, Aug 29, 2016
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

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. Strategies - The 'Holy Grail' hedge fund strategy to handle a black swan the size of World War I, Hedge funds get more pushback on terms as enthusiasm for strategy wanes[more]

    The 'Holy Grail' hedge fund strategy to handle a black swan the size of World War I From IBTImes.co.uk: To illustrate a strategic gap common to today's portfolio managers, George Sokoloff, PhD, founder and CIO at Carmot Capital, proposes an interesting thought experiment – a breakdown of

  2. Institutional investors - Investors set to increase allocation to private debt, With investment income key, Richmond retirement system faces funding challenges[more]

    Investors set to increase allocation to private debt Investors are set to increase their allocation to private debt, with 60% revealing they believe the private debt market will grow over the next 12 months, according to a new study by Elian, a leading funds services provider. 41%

  3. Investing - Hedge funds snap up banks, unload Apple, Some of hedge funds' favorite stocks are finally starting to beat the market, Einhorn's Greenlight shifts positions, Treasury yield climbs to two-month high as Fischer joins hawks, 9 stocks smart investors put their money in last quarter[more]

    Hedge funds snap up banks, unload Apple From Barrons.com: Prominent hedge funds have a newfound love of big banks, and some have a distaste for shares of Apple, regulatory filings released last week show. The filings suggest that the funds have been pivoting their portfolios in recent mon

  4. Chesapeake energy seeks $1 billion loan to refinance debt[more]

    From Bloomberg.com: Chesapeake Energy Corp. is seeking a $1 billion loan as the company battered by cratering fuel prices and credit downgrades takes a step to address its $9 billion debt load. The natural gas producer hired Goldman Sachs Group Inc., Citigroup Inc. and Mitsubishi UFJ Financial Group

  5. Institutions - Nordic pension funds magnify focus on unlisted and direct investing, building up teams[more]

    From IPE.com: As bond yields remain at low or negative levels, pension funds and other institutional investors in the Nordic region are stepping up efforts to find higher returns by adding more unlisted investments to portfolios and are expanding in-house teams in order to do this, according to new