Mon, Aug 3, 2015
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Alternative Market Briefing

Hedge funds posted both performance and assets gains in November: hedge fund news, week 52

Monday, December 30, 2013

In the week-ending 27 December 2013, Citi Prime Finance said that hedge funds posted both performance and assets gains in November with assets gaining $45.3bn; the average hedge fund was up 8.2% this year but lower than a near 21% rise in the MSCI World Index for stocks; the Bank of America Merrill Lynch Global Research said that interest in equities grew this year as hedge funds returns slid; 2013 was a great year for small hedge funds that recorded big gains this year; Michael Farmer’s Red Kite metals hedge fund was up 40% this year for three consecutive years of double-digit returns; Jason Karp’s Tourbillon Capital gained 15% returns in Q3 from short bet in J.C. Penney; and Boaz Weinstein’s Saba Capital appeared headed for its second losing year in a row.

Goldman Sachs raised more than $1bn to launch a new real estate hedge fund; and former HSBC banker Roshan Padamadan said he would start a hedge fund that will invest in liquid securities including stocks, bonds and derivatives globally.

Hedge funds trail U.S. stocks as Bloomberg Global Aggregate Hedge Fund Index was up 7.1% YTD; And the MSCI Indices showed substantial advances in global equities, except Emerging Ma......................

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. Opalesque Exclusive: Despite bumpy June/July, CTAs hold on[more]

    Bailey McCann, Opalesque New York: To say that things have been rocky in managed futures recently is putting it mildly. In June, the industry saw its worst month on a performance basis in the past four years. Then yesterday,

  2. Investing - Hedge fund billionaires bet on London as revival gathers pace[more]

    From Bloomberg.com: London’s fund industry is bouncing back, and U.S. billionaires Steven A. Cohen and Ken Griffin are grabbing a piece of the action. Griffin’s Citadel and Millennium Management, a hedge fund run by Israel Englander, have bulked up in London, where asset growth is outpacing the U.S.

  3. Other Voices: Same day reporting and the evolving role of fund administrators[more]

    By: Scott Price, Head of Business Development and Client Management for North America, Maitland Ernst & Young’s latest glob

  4. Opalesque Roundup: Hedge fund assets rose to 11th consecutive quarterly record level: hedge fund news, week 31[more]

    In the week ending 24 July, 2015, the total global hedge fund industry assets rose to the 11th consecutive quarterly record level in 2Q15 to $2.97tln; Eurekahedge reported that hedge funds raised $93bn in the first six months of 2015; The SS&C GlobeOp Forward Redemption Indicator for July 201

  5. Cowen Group, Inc. to acquire Conifer Securities[more]

    Cowen Group, Inc. and Conifer Securities, LLC had announced the signing of a definitive agreement under which Cowen will acquire Conifer Securities, the prime services division of Conifer Financial Services LLC. The transaction, the terms of which have not yet been disclosed, was approved by the boa

 

banner