Wed, Jul 8, 2015
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Alternative Market Briefing Weekly

Review of hedge fund launches, closures, trends, regulatory and legal events - week 25

Saturday, June 26, 2010

Benedicte Gravrand, Opalesque London:

Last week, we heard of fund launches from Winton (UCITS version of flagship Diversified Program); RWC Partners (UCITS III pan-European long/short equity); new firm Soroban Capital; Fortitude (retail version of flagship); AMCL (special opps); Astenbeck (commodities); Blackcube (first hedge fund); Hylas Capital (event driven); Redwood (euro-zone crisis); RSR Capital (Asia arbitrage); and IBK Securities and Financial Risk Management (FoHFs).

Credit Suisse and Dow Jones Indexes signed an agreement which covers the calculation, licensing, branding and marketing of the hedge fund indexes formerly known as the Credit Suisse/Tremont Hedge Fund Indexes; and Eurekahedge launched a Ucits hedge fund database and index.

Event-driven funds are back in favour with net asset inflows ($5.6bn in Q1) for the first time since 2007, according to data provider HFR; macro hedge funds pulled in $2.5bn through April, according to data provider BarclayHedge; UCITS fund’s inflows totalled Eur49b in Q1-10, said the European Fund and Asset Management Association; high-net worth individuals increased their allocations to hedge funds to by 3% in 2009, found the latest World Wealth Report by Merrill Lynch and Capgemini Consulting (which also said that Asian millionaires had grown to match the HNW population in Europe); and global AuM rose 12.3% in 2009 to $49tn as fiscal and monetary stimulus triggered a stock market surge, but Europe's sovereign debt crisis is clouding the outlook for money managers in 2010, said consultancy firm Cerulli.

Credit Suisse/Tremont said May’s negative hedge fund performance had been impacted by a rise of volatility a......................

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: New systematic strategy managed alongside research firm outperforms S&P500[more]

    Benedicte Gravrand, Opalesque Geneva for New Managers: An emerging CTA manager explains how he runs his strategy, which is based on an index produced by a research firm. Peter Turk is head of

  2. Opalesque Exclusive: New systematic strategy embraces machine learning[more]

    Benedicte Gravrand, Opalesque Geneva for New Managers: The founder of a New York-based systematic trading firm, which offers a hybrid between alpha strategies and alternative feta at lower fees, describes his approa

  3. Larry Robbins' hedge fund Glenview buys 1m Tenet Healthcare shares[more]

    Komfie Manalo, Opalesque Asia: Glenview Capital Management said it bought an additional 979,482 shares at Tenet Healthcare Corp valued at $53.80 million, raising its stakes in the healthcare services company to 15.16%, reported

  4. Legal - Grayson’s hedge funds under scrutiny for possible ethics violations, Court rejects hedge fund’s motion to block merger of Samsung affiliates[more]

    Grayson’s hedge funds under scrutiny for possible ethics violations From Freebeacon.com: Rep. Alan Grayson is finding himself in hot water over managing hedge funds that bear his name, actions that are in possible violation of House ethics rules. Sitting members of Congress are prohibite

  5. Hedge funds decline in June as stocks tumble on Greek woes[more]

    From Bloomberg.com: Hedge funds posted losses across strategies last month as uncertainty over whether Greece will remain in the euro sent global stock markets tumbling. Winton Capital Management declined about 3.1 percent in June in its $12.1 billion Winton Futures Fund, leaving it down 1.9 percent

 

banner