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

Opalesque Roundup: Fund of hedge funds assets rose $21.93bn in Q1: hedge fund news, week 32

Monday, August 04, 2014

In the week ending 01 August, 2014, the assets under management for commingled fund of hedge funds vehicles increased $21.93bn in Q1 2014; Man Group's funds under management rose 7% to $57.7bn in the first half of 2014; Winton increased the assets in its low-cost equities fund to more than $1bn; Third Point reopened its flagship fund to accept new investments for a short period only; and SSG Capital has reached a final close of its third Asia special situations fund at $915m.

Anil Prasad is preparing to launch his own hedge fund in the first quarter of 2015; Alex Turnbull is planning a Singapore-based hedge fund; K1T Capital formally launched a fund Friday and actively sought out investors; Apollo Global started a new hedge fund to bet against U.S. junk bonds; Catalyst Funds has added four new mutual funds to its product line; and Lyxor Asset launched its first AIMFD multi-manager funds following its fully AIFM status.

The Morningstar MSCI Composite AW Hedge Fund Index was up +1.1% in June (+3.7% YTD); The Parker FX Index reported -1.00% (-1.80% YTD); The Newedge Commodity Trading Index expanded 0.63% (+3.55% YTD): And the S&P Indices versus active funds (SPIVA) Europe scorecard.

A Preqin study found that 99% of hedge fund managers believe 2014 performance will not match 2013’s benchmark r......................

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. 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

  3. Activist News - Celgene says patent-fighting hedge fund manager wants to short its shares[more]

    From Reuters.com: Celgene Corp, one of the world's largest biotechnology companies, has accused U.S. hedge fund manager Kyle Bass of attempting to profit from his attempts to wipe out several major drug patents through his Coalition for Affordable Drugs. The company asked the U.S. Patent and T

  4. Einhorn's Greenlight Capital hedge fund slumps 6.1 percent in July[more]

    From Reuters/Thefiscaltimes.com: Hedge fund mogul David Einhorn's Greenlight Capital slumped 6.1 percent in July and is now down 9 percent for the year after gold, one of the fund's top holdings, tumbled to five-year lows last week. Greenlight notified clients of its returns late on Friday, ac

  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