Tue, Sep 1, 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 30

Saturday, July 31, 2010

Benedicte Gravrand, Opalesque London:

Last week, we heard of launches from Glazer Capital (M&A); new firm H2O Asset Management; Martin Currie (3 Ucits absolute alpha funds); Superfund (Japan); the Economic Time Bond Fund (fixed income L/S); KingFisher (global macro); and John Liu (quant China).

The Morningstar 1000 Hedge Fund Index fell 3.6% in Q2, down 2.2% YTD; and the Greenwich Composite Investable Index was down 0.85% in June, -1.50% YTD.

According to the latest AsiaHedge New Funds Survey, there were 53 new Asia-Pacific hedge funds raising a combined $2.13bn in assets in H1-2010; some FoHFs are still denying clients access to big chunks of their cash almost two years after the nadir of the credit crisis, said S&P Fund Services; last year, institutions for the first time accounted for an absolute majority of hedge fund AuM, AIMA told the FT; FoHFs house and bank UBP recorded net earnings of CHF103m in H1-10 and its AuM stabilized at CHF71.9bn; and the Osmium Special Situations Fund will close to new investors once it reaches $500m.

Seeder FRM Capital Advisors will invest in New York-based Varna Capital’s first hedge fund; Singapore's Target Asset Management will wind down its $2bn hedge fund as founder Teng Ngiek Lian plans to retire; Propel Capital is to resurrect a fund IPO and give Canadian holders indirect access to J. Paulson’s trading strategies; Polygon is seeking to reinvent itself two years after winding down its flagship fund; hedge fund operator RAB Capital slashed its dividend to conserve cash; Hedgebay said the secondary market had rebounded from May’s low and ‘near-par’ trading saw its index rise 8%; eight people left AHL, Man Group’s flagship computer-driven hedge fund responsible for three quarters of its profits, Financial News reported; and 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. Investing - Hedge funds suddenly find real money is back in Argentina's debt, Elon Musk buys more SolarCity stock following hedge fund manager short, BlackRock plans to get into rental-home financing[more]

    Hedge funds suddenly find real money is back in Argentina's debt From Bloomberg.com: The real money is back in Argentina. Before the country’s default in July 2014 (its second in 13 years), most long-term investors abandoned its bond market. As they rushed out, Argentina became a favorit

  2. Activist News - Carl Icahn has snapped up a huge stake in Freeport-McMoRan, and the stock is ripping, Meet Europe's best activist investor[more]

    Carl Icahn has snapped up a huge stake in Freeport-McMoRan, and the stock is ripping From Businessinsider.com: Carl Icahn has picked his next target: Freeport-McMoRan. Icahn and a group of other investors have snapped up an 8.46% stake in mining company Freeport-McMoRan, according to a j

  3. North America - Hedge fund manager Ray Dalio’s challenge to the Fed[more]

    From Newyorker.com: For some reason, Janet Yellen, the chair of the Federal Reserve, decided to skip this year’s annual Fed conference in Jackson Hole, where monetary policymakers from the United States and abroad get together with some prominent academics to discuss the big issues of the moment. Th

  4. Opalesque Exclusive: Credit-focused hedge fund Numen Capital expects more volatility in Europe in coming months[more]

    Benedicte Gravrand, Opalesque Geneva: A London-based hedge fund, which has just hired two emerging managers, is cautious on Europe. Vassilis Paschopoulos and former Lehman’s colleague Nikos Kargadouris, launched a London-based credit-focused hedge fund called

  5. Performance - Hedge funds bruised by stocks’ meltdown, Capstone’s volatility hedge fund is having a monster month thanks to market mayhem[more]

    Hedge funds bruised by stocks’ meltdown From WSJ.com: Hedge-fund managers like to promise their investors protection from market swings. In the recent stock swoon, many were caught off guard. Billionaire managers such as Leon Cooperman, Raymond Dalio and Daniel Loeb are deeply in the red

 

banner