Tue, Oct 23, 2018
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Alternative Market Briefing

Opalesque Roundup: Hedge funds back to double-digit gains: hedge fund news, week 47

Monday, November 20, 2017

In the week ending 17 November, 2017, a group of prominent hedge funds have roared back with market-trouncing returns in 2017, with at least 20% performance returns. Alkeon Capital returned 16.23% year-to-date but still sees massive opportunities in tech sector. The Barnegat Fund is up 19.2% in 2017 (+0.7% in October); Singapore's PruLev Global Macro Fund is steaming ahead with a 47% gain this year; Light Street Capital is up 53% through October and is betting on further drop in IBM stock. Pierre Andurand's hedge fund has continued to recover from losses and is up 5% in October; and Incline Global Fund is back on its double-digit returns track, up 16.31% on the year. However other reports said that hedge fund returns in certain categories are experiencing fat tail correlation and return extremes when compared to players inside a particular category. Multi-manager hedge funds have recovered from below-par returns in 2016, with investors adding $1.2bn in the first three quarters. Meanwhile a report by Morningstar showed that many alternative funds have disappointing returns for investors.

OP Investment Management has partnered with Marinius Research (Cayman) to launch Marinius Fund; Avenue Capital expects to raise around $1bn to launch a distressed assets-focused fund; Beacon Trust ......................

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. BB&T Securities to bolster alternative investment offerings with CAIS platform[more]

    Laxman Pai, Opalesque Asia: The financial services firm BB&T Securities has selects the financial product marketplace CAIS to expand alternative investment access for advisors. A press release from the wholly owned subsidiary of BB&T Corporation said that with CAIS, it will gain access to pr

  2. Europe: Europeans up interest in unconstrained bond strategies, Generali steps up efforts to build multi-boutique business, Nordea bank in new Russia funds complaint, FCA proposes climate risk reporting duty for asset managers[more]

    Europeans up interest in unconstrained bond strategies Unconstrained bond assets are on the rise. Across both retail and institutional accounts, assets under management in these strategies rose from $153.2 billion in Q2 2013 to $289.7 billion in Q2 2018, for a five-year compound annual

  3. Robert Citrone's discovery cashes in on bearish bets[more]

    From Institutional Investor: The macro hedge fund is riding strong gains since mid-year thanks to savvy wagers against Italian fixed income and other instruments. Macro hedge funds are finally getting a reprieve, between the bond market selloff and overall financial market volatility - two even

  4. Hedge funds at the 'core' of stock slump may be done offloading, Why hedge funds will stick with ever-risky short volatility trades[more]

    Hedge funds at the 'core' of stock slump may be done offloading From Bloomberg: One quantum of solace for bruised stock bulls: Some of the usual suspects behind last week's rout may be done frightening markets. Equity long-short hedge funds are among the worst-performing categori

  5. Investing: Billionaire Leon Cooperman explains how he ended up investing his personal money in pot stocks, U.S. fund investors pull most cash from bonds since February -ICI[more]

    Billionaire Leon Cooperman explains how he ended up investing his personal money in pot stocks From CNBC: Billionaire hedge fund investor Leon Cooperman confirmed to CNBC on Wednesday that he has personal money in the cannabis industry, noting investments in a few young marijuana companie