Sun, Apr 22, 2018
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 31

Saturday, August 07, 2010

Benedicte Gravrand, Opalesque London:

Last week, we heard of fund launches from A2ML (new Megalio fund range); Reech (UCITS version of real estate hedge fund); Way (3 FoFs with no performance fees before set return is achieved); Pilgrim Partners (Asian Macro); Duet (fund of CTA funds); Everest Capital (frontier markets); BlackSquare (multi-manager absolute return fund); and JP Morgan (fund of absolute return funds).

The Parker FX index was down 0.79% in June (+0.71% YTD); the LSX - Long/Short Equity Index went up 0.68% in July (+4.27% YTD); the Credit Suisse Liquid Alternative Beta (LAB) Index returned 3.12% (2.99% YTD); the HFRX Global Hedge Fund Index gained 1.23% est. (+0.02% YTD); and the UCITS HFS Index recovered from early losses, and was up 0.35% (+2.25% YTD).

HFR said that in Q2, 92% of net assets inflows went to managers with more than $5bn in AuM, yet research by PerTrac suggests that older and larger managers tend to deliver lower absolute returns than smaller and younger ones, Reuters reported; and UCITS inflows swelled to Eur49bn in first quarter, said EFAMA.

Hedge funds expect to widen distribution capabilities by creating more ETFs exposed to their own funds, said BlackRock; SYZ & Co’s listed FoHFs Altin bought back shares after having traded at a sharp discount; hedge funds increased their bets that natural gas prices would rise for the first time in six weeks after hotter-than-normal weather boosted air-conditioning demand, reported Bloomberg; July turned out to be a better month for hedge fund returns, said Bank of America Merrill Lynch; FRM Capital Advisors is apparently......................

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 - Sequoia takes Facebook stake as shares slide in data controversy, $1.4b hedge fund sees intact fundamentals for Facebook, Jim Cramer reveals some 'suggested hedge fund trades' amid the Trump tariffs[more]

    Sequoia takes Facebook stake as shares slide in data controversy From Bloomberg.com: The $4.2 billion Sequoia Fund bought a small position in Facebook Inc. as the stock slid late in the first quarter, investment manager Ruane, Cunniff & Goldfarb told clients. "The recent controversy enab

  2. Activist Investors - Blue Sky-owned Wild Breads faces uncertain future[more]

    From AFR.com: A Blue Sky private equity investment in artisan-style baker Wild Breads enjoyed multiple valuation upgrades despite losing millions and breaching its lending covenants, accounts lodged with the regulator last week show. Wild Breads lost $2.4 million in 2017, but Blue Sky ascribed a hig

  3. Opalesque Exclusive: Barnegat to close hedge fund to outside investors on weak opportunities[more]

    Komfie Manalo, Opalesque Asia: Bob Treue's Barnegat Fund Management said it is closing its $666m fixed income relative value hedge fund to outside investors. "The negative side to gains in Fixed Income Arbitrage is that unless we find new opportunit

  4. Investing - Hedge fund makes a big bet on malls, British hedge fund manager Odey short UK government bonds on QE bet[more]

    Hedge fund makes a big bet on malls From Barrons.com: The dominant narrative on American shopping malls is that they're dead. Crushed by Amazon.com, many brick-and-mortar retail stores are destined for bankruptcy. And where is the most retail, clustered all together? Malls. From a

  5. Performance - Hedge funds suffer first back-to-back loss in two years, Netflix performance burns hedge fund short sellers, Macro hedge fund up 14.5% in first quarter sees dollar falling, Renaissance Technologies rebounds across hedge funds in March[more]

    Hedge funds suffer first back-to-back loss in two years From Bloomberg.com: Hedge Fund returns sank for a second straight month in March, the first back-to-back loss since the first two months of 2016, as trade wars, tech-sector woes and a Fed rate hike dragged down the S&P 500 from its