Thu, Aug 25, 2016
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Alternative Market Briefing

Opalesque Roundup: London and Connecticut compete for hedge funds' #2 spot: hedge fund news, week 23

Monday, June 02, 2014

In the week ending 30 May, 2014, data provider Preqin said 500 of the largest hedge fund managers control 90% of the industry’s assets; London is home to the second highest number of $1bn plus managers (80), although Connecticut is second in terms of capital managed by these firms with a combined total AUM of $400bn; and Myriad Asset is approaching $3bn of assets.

William Ackman is raising billions of dollars to launch a closed-end public hedge fund; Morgan Stanley has launched two new funds to offer exposure to different types of alternative alpha strategies; and Alceda Fund and Clark Capital launched a tactical fixed income UCITS fund.

Woodbine Capital said it would close down and return clients money after failing to meet performance goals; and the Ziff brothers are shutting down the last multibillion-dollar hedge fund that invests their family fortune.

JP Morgan said equity hedge funds struggled in their performance in April and lost 0.70%; Chenavari Investment’s Toro fund was up 13.34% YTD and 3.98% in April; Chris Hentemann’s 400 Capital gained as Freddie Mac reported a 30% profits; and Hugh Hendry’s Eclectica hedge fund suffered a 1.7% loss in April (-9.6% YTD).

The Scotiabank Canadian Hedge Fund Index Asset Weighted ......................

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. 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

  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. Investors yank money from hedge funds after poor performance[more]

    From Marketwatch.com: A growing exodus from hedge funds extended to two of the biggest names in the industry Tuesday, Tudor Investment Corp. and Brevan Howard, as disenchanted investors increasingly shun what was once the hottest place to put money. The funds’ problem is clear: They just aren’t perf

  4. Banks look at hedge funds differently - and it should matter to allocators[more]

    From Valuewalk.com: Looking at two bank reports on the same topic can often yield interesting results. There are times when bank research is best viewed from the standpoint of how their analysis does or does not correlate with one another. Regarding hedge fund allocation decisions, one bank appears

  5. Legal - Hedge fund’s fixer kept deals flowing with bribes, U.S. says, Big four banks sued by U.S. hedge funds over BBSW, Lessons for hedge fund managers from the government's failed prosecution of alleged insider trading[more]

    Hedge fund’s fixer kept deals flowing with bribes, U.S. says From Bloomberg.com: With the Miami villa, stopovers at New York’s Plaza Hotel and millions channeled in bribes to win mining deals, Samuel Mebiame was the relationships guy in a corruption scheme that spanned continents, accord