Komfie Manalo, Opalesque Asia:
Last week, we heard of fund launches from C12 Capital Management (new fund); Shengbei Guo’s GSB Podium Advisors (GSB Statistical Arbitrage Fund statistical arbitrage); new firm Chartwell Trading (event-driven); Natixis (Ucits III): Oakley Alternative Investment Management (FoHF); Fondaco SGR SpA (L/S Equity and absolute return); Skandia Investment Group (SIG) re-launched Skandia Ethical Fund; Credit Suisse Group AG to spin-off two credit hedge funds; and Neuberger Berman (Ucits global thematic).
VR Capital Group Ltd. closed two funds valued at $654m because of poor performance.
Hennessee’s indices declined in June. The Hennessee Hedge Fund Index fell -1.35% in June (+0.20% YTD) HFRI Fund Weighted Compos......................
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