Sat, Aug 23, 2014
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. Institutions – Texas Employees sets 2015 tactical plan for alternatives, CalPERS' real estate consultant cautions the pension fund's investment committee, Why Sunsuper likes hedge funds[more]

    Texas Employees sets 2015 tactical plan for alternatives From PIOnline.com: Texas Employees Retirement System will invest in up to four new hedge funds in the next fiscal year, which begins Sept. 1. Trustees approved 2015 tactical investment plans for the hedge fund, private equity and in

  2. Private equity follows hedge funds into reinsurance for long-term capital[more]

    From Artemis.bm: It’s not just hedge funds that are entering the insurance and reinsurance market in search of so-called long-term capital to put to work in their strategies, private equity firms targeting the space are also seeking opportunities to add assets under management. The entry of large pr

  3. North America – New York City’s next hot neighborhoods targeted with property funds[more]

    From Bloomberg.com: New York’s real estate world is filled with tales of ordinary people who bought property decades ago and saw values skyrocket to the millions. Seth Weissman is seeking investors to get in early on the next hot neighborhoods. The veteran of Goldman Sachs Group Inc. and hedge

  4. Investing – George Soros bets $2bn on stock market collapse, Warren Buffett's Berkshire reveals Charter stake, cuts DirecTV, Hedge funds lusting to cash out of MGM, Top hedge fund managers are buying Ally Financial, Hedge funds dumped 5m Herbalife shares in Q2, Paulson & Co hedge fund ups Puerto Rico real estate bet, Netflix Inc., Citigroup Inc, Google Inc are top new picks in Tiger Management’s 13F[more]

    George Soros bets $2bn on stock market collapse From Newsmax.com: Billionaire investor George Soros has increased his financial bet that U.S. stocks will collapse to more than $2 billion. The legendary hedge fund manager has been raising his negative bet on the Standard & Poor's 500 Inde

  5. Investors now net short S&P500 and increased Russell shorts, technicals suggest further selling[more]

    Komfie Manalo, Opalesque Asia: Market Neutral funds increased their market exposure to -1% net short from -6% net short last week, according to Bank of America Merrill Lynch’s Hedge Fund Monitor. The report also added