Fri, Aug 26, 2016
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Alternative Market Briefing

Hedge funds gained $225bn+ in 2013: hedge fund news, week 01

Monday, January 06, 2014

In the week ending 03 January, 2014, the Eurekahedge Hedge Fund Index gained 8% in 2013, hedge funds gained $225bn+ in 2013; The Parker FX Index was down 0.26% in November, -1.04% YTD (2013); And the Scotiabank Canadian Hedge Fund Index was up 1.20% (0.38% YTD) on asset weighted basis.

Gottex Fund said it would launch a new mutual fund that will allow retail clients to sample asset classes normally reserved for millionaires.

Higgs Capital said it would shut down after a wave of investor redemptions.

SAC Capital posted positive performance, with 20.10% returns on its last year managing other people’s money as a hedge fund; despite a dismal year, several hedge funds outperformed the S&P 500 in 2013; a few brave hedge fund investors scored major market-beating wins in 2013, said The Journal; Dan Loeb’s Third Point fund beat most rivals last year as it flagship fund gained 25%; last year was a great year for bread and butter strategies in Wall Street; and stock pickers lost again in 2013, while the market is looking to close out the year with a 29% gain.

David Tepper is expected to raise his assets with a $3bn-plus payday in 2013, making him the highest paid hedge fund manager; t......................

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: Algorithms platform aims to target typical challenges found in quantitative hedge funds[more]

    Benedicte Gravrand, Opalesque Geneva: Last month, Quantopian received investments from Point72 Ventures, the new venture capital arm of Steven Cohen’s Point72 Asset Management.

  2. LatAm hedge funds surge in 1H to +24.4%, emerging markets assets rise[more]

    Komfie Manalo, Opalesque Asia: Hedge funds investing in Latin America posted strong gains through mid-2016, reversing declines in four of the past five years, including the last three years, to lead all areas of hedge fund performance through the first half of 2016, according to the latest HFR Em

  3. Asia - LGT Capital Partners: Alternatives set for continued rise in Asia[more]

    From Asianinvestor.net: More flows are likely into insurance-linked strategies, private equity and trend-following strategies/CTAs, given the benefits of such investments, argues LGT Capital Partners. Despite the numerous quantitative easing programs and bailouts of recent years, the quest for

  4. Opalesque Roundtable: Low and high fee investments often better than mid fee hedge funds[more]

    Komfie Manalo, Opalesque Asia: Hedge funds that charge the low and high fees stuff often provide better returns than "those sort of mid-fee investments", said Keith Haydon, chief investment officer of Man FRM. (Alternative) investment managers who charge high fees would often provide the most int

  5. Hedge fund investors pull $5.7 billion in July[more]

    From Bloomberg.com: Hedge funds suffered a third consecutive month of outflows in July as investors withdrew $5.7 billion, according to industry tracker Eurekahedge. Redemptions totaled $20.7 billion in the three months through July, with money managers betting on equities suffering $18.4 bill