Sun, Apr 23, 2017
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. Opalesque Exclusive: Carden Capital bets on volatility[more]

    Bailey McCann, Opalesque New York for New Managers: Machine driven strategies are having a bit of a moment in the hedge fund world right now. Systematic funds have outperformed other strategies at a time when all ey

  2. Sprott AM to sell Canadian diversified fund business to management-led group[more]

    Komfie Manalo, Opalesque Asia: Toronto-based asset management company Sprott Asset Management LP (SAM) has entered into an agreement to sell its Canadian diversified fund business to a management-led group. Under the deal, the new group will have

  3. Investing - These hedge funds (and Madeleine Albright) are betting on a debt crisis, Hedge funds are upping their bets on the death of the traditional retailer, $20bn hedge fund recaps Corizon[more]

    These hedge funds (and Madeleine Albright) are betting on a debt crisis From Yahoo.com: There could be a big debt crisis brewing in places like China, India, Latin America and Africa -- and a growing number of investors are amassing war chests to cash in on the distress. Albright Capital

  4. Universities looking to defend endowments from Republican tax plan[more]

    From PIOnline.com: Some of the richest U.S. colleges are pushing back against scrutiny by Congress over the tax-exempt status of university endowments. Lobbying disclosure forms show almost two dozen schools such as Princeton University, University of Notre Dame and Cornell University are including

  5. Activist News - GAM touts 'tangible results' of turnaround as activist fight hots up, Bill Ackman not done with Herbalife, says his fight could get legs in May, Activist hedge fund CIAM says Euro Disney's buyout offer not fair for minority investors[more]

    GAM touts 'tangible results' of turnaround as activist fight hots up From FNLondon.com: GAM, the Swiss asset manager at the center of an attempted boardroom putsch by activist hedge fund RBR Capital, said its first-quarter results amounted to "tangible" proof that its management's plan f