Fri, Aug 22, 2014
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. Institutions – Texas Employees sets 2015 tactical plan for alternatives, CalPERS' real estate consultant cautions the pension fund's investment committee, Why Sunsuper likes hedge funds[more]

    Texas Employees sets 2015 tactical plan for alternatives From PIOnline.com: Texas Employees Retirement System will invest in up to four new hedge funds in the next fiscal year, which begins Sept. 1. Trustees approved 2015 tactical investment plans for the hedge fund, private equity and in

  2. Private equity follows hedge funds into reinsurance for long-term capital[more]

    From Artemis.bm: It’s not just hedge funds that are entering the insurance and reinsurance market in search of so-called long-term capital to put to work in their strategies, private equity firms targeting the space are also seeking opportunities to add assets under management. The entry of large pr

  3. North America – New York City’s next hot neighborhoods targeted with property funds[more]

    From Bloomberg.com: New York’s real estate world is filled with tales of ordinary people who bought property decades ago and saw values skyrocket to the millions. Seth Weissman is seeking investors to get in early on the next hot neighborhoods. The veteran of Goldman Sachs Group Inc. and hedge

  4. Investing – George Soros bets $2bn on stock market collapse, Warren Buffett's Berkshire reveals Charter stake, cuts DirecTV, Hedge funds lusting to cash out of MGM, Top hedge fund managers are buying Ally Financial, Hedge funds dumped 5m Herbalife shares in Q2, Paulson & Co hedge fund ups Puerto Rico real estate bet, Netflix Inc., Citigroup Inc, Google Inc are top new picks in Tiger Management’s 13F[more]

    George Soros bets $2bn on stock market collapse From Newsmax.com: Billionaire investor George Soros has increased his financial bet that U.S. stocks will collapse to more than $2 billion. The legendary hedge fund manager has been raising his negative bet on the Standard & Poor's 500 Inde

  5. Investors now net short S&P500 and increased Russell shorts, technicals suggest further selling[more]

    Komfie Manalo, Opalesque Asia: Market Neutral funds increased their market exposure to -1% net short from -6% net short last week, according to Bank of America Merrill Lynch’s Hedge Fund Monitor. The report also added