Wed, Oct 7, 2015
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. U.S. hedge funds prepare for worst finish this year since 2008[more]

    Komfie Manalo, Opalesque Asia: U.S.-focused hedge funds are preparing for their worst year since the 2008 global financial crisis, following a series of letdown including the market sell-off in August and the sell-off in healthcare and biotechnology sectors last month, reported

  2. Investing - AQR Capital and Renaissance Technologies raise stakes in Southwest Airlines[more]

    From In the previous part of this series, we saw how institutional investors played Southwest Airlines (LUV) in 2Q15. Now let’s move on to the trades executed by key hedge funds in Southwest Airlines over the same period. … Most of the hedge funds that had significant exposu

  3. DoubleLine’s Jeffrey Gundlach warns of another round of market shakedown[more]

    Komfie Manalo, Opalesque Asia: DoubleLine Capital co-founder Jeffrey Gundlach is painting a bleak future as he warned that the U.S. equity market and other risk markets, such as high-yield "junk" bonds, are facing another round of selling pressure. Gundlach said in an interview with

  4. A hedge fund strategy that seems to have fizzled[more]

    From The hedge fund strategy that has attracted the most money this year is on course to cause some of the biggest losses for investors, in the latest example of the dangers of going with the crowd. Institutions and individuals have piled an estimated $20 billion (Dh73 billion) into ma

  5. Hedge fund Barnegat survives September’s market selloff[more]

    Komfie Manalo, Opalesque Asia: Bob Treue’s $679 million Barnegat Fund proved resilient after another month of market letdown as the hedge fund gained 2.2% last month, bringing its year-to-date gains to 2.8%. Treue said in his monthly report to i