Mon, Sep 26, 2016
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 28

Saturday, July 17, 2010

Benedicte Gravrand, Opalesque London:

Last week, we heard of launches from Copia Capital, which moved its operations away from FrontPoint Partners and launched a market neutral equity fund; Brinker Capital (absolute return portfolios in separately managed account format); Formula Investing (hedged); Implied Capital (market neutral); Magnetar (event-driven); Quincy Cass (special sits); Blacksquare (absolute return multi-manager); and new firm Foxley Asset Management.

The Parker FX Index was up +0.14% in May, +1.39% YTD; Hennessee reported that hedge funds had performed their 4th worse first yearly half (+0.20% in H1-10); The Lyxor Global Hedge Fund index went down 0.6% in June, +0.1% YTD; The Newedge CTA Index returned -0.19% in June, +1.75% YTD and Traders index -0.05% (+0.83% YTD); The Greenwich Global Hedge Fund Index was down 0.84% in June (+0.11% YTD) as managers limited losses while markets continued to fall; Eurekahedge said that hedge fund returns were flat in June (-0.50% est., -0.02%YTD) as managers steered cautiously through volatile markets; The Australian Fund Monitor’s index returned -0.77% (est.) in June, -1.20% YTD, as market neutral managers lead the way; The RBC Hedge 250 Index returned -0.94% in June, -0.56% YTD; The Scotia Capital Canadian Hedge Fund Index (Asset Weighted) was up 0.42% in June, 3.90% YTD; The HFRX Global Hedge Fund Index went down 0.94% (est.) in June, -1.20% YTD; And the Dow Jones Credit Suisse Index confirmed negative June returns of -0.84%, -0.63% YTD.

TrimTabs / BarclayHedge reported that hedge funds had posted inflows of $4.0bn (0.3% of assets) in May; the Blackstone / GSO Capital Solutions Fund closed to new investors with $3.25bn in assets; and Ashmore's AuM went up 7% (to $35.3bn) in the past 3 months.

Hedge funds SkyBridge Capital made a strategic investment in Viathon Capital's Whitewater Fund, a credit opportunity ......................

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. North America - Acela fight splits hedge fund Connecticut and old money enclaves[more]

    From Bloomberg.com: Connecticut’s residential coastline is two worlds, the one of newcomer millionaires and one whose wealth and New England roots span generations. Now, their differences over a rail route threaten to gum up plans for the U.S. Northeast’s fastest-ever trains. About 30 miles from Man

  2. Activist News - Caesars offers creditors another $1.6bn, would spell end of hedge fund ownership, Activist investors double chance of CEO exits[more]

    Caesars offers creditors another $1.6bn, would spell end of hedge fund ownership From Calvinayre.com: Casino operator Caesars Entertainment has improved its offer to junior creditors to over $5b, but the offer is only good until Friday. On Wednesday, Caesars added an extra $1.6b to the $

  3. Opalesque Exclusive: Modern investor tools (2): A platform that does the job for you[more]

    Benedicte Gravrand, Opalesque Geneva: A new series on technology providers that assist asset allocators. There is disruption in the investor part of the world of hedge funds, coming from platforms that can replace traditionally-run search and analysis. Here is one of them. L

  4. Hedge funds saw four consecutive months of outflows in August, but assets still up by $17.6bn YTD[more]

    Komfie Manalo, Opalesque Asia: Hedge funds witnessed four consecutive months of outflows with investor redemptions totaling $23.8bn as of end of August, data provider Eurekahedge said in its monthly report. But total hedge fund assets grew by

  5. Trend reversals lead to losses as managed futures drops 1.52% in August[more]

    Komfie Manalo, Opalesque Asia: Trend reversals in August have led managed futures traders to lose 1.52% last month according to the Barclay CTA Index compiled by BarclayHedge. The Index is up 0.62% year to dat