Mon, May 1, 2017
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. Opalesque Exclusive: Ex-Man manager combines sustainable investing with AI/ML[more]

    Benedicte Gravrand, Opalesque Geneva for New Managers: Dr. Richard Bateson, quant fund manager and physicist, has recently

  2. Other Voices: "Winner-take-all" dynamics and hedge fund investing[more]

    A growing stream of thinking in microeconomics is the concept of "winner-take-all" dynamics. The idea seems simple. A combination of networking economics and classic economies of scale creates situations where there are just a few dominant firms or economic agents who are able to capture significant

  3. Investing - How Chipotle's comeback attracted big data robots and value investors alike[more]

    From Forbes.com: When William Ackman's ailing hedge fund Pershing Square Capital Management bet $1 billion on shares in Chipotle Mexican Grill beginning in July 2016, the stakes couldn't have been higher. Pershing Square was reeling from what would eventually be a near $4 billion loss in drugmaker V

  4. Gondor Capital sees challenges ahead for financial markets as two hedge funds post strong gains in Q1[more]

    Komfie Manalo, Opalesque Asia: Vincent Au, portfolio manager of New York-based hedge fund firm Gondor Capital Management believes that the remaining of the year would be challenging for the financial markets even as his two hedge funds maintain

  5. Service Providers - Colemore launches fee tracking service for limited partners[more]

    Following Colmore's successful launch in January 2017, the firm has announced the launch of FAIR.. FAIR is designed to help private equity investors independently validate fees and incentives charged by underlying managers, saving time and providing an extra level of comfort. There is a glob