Sun, Jul 31, 2016
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. Opalesque Exclusive: California-based manager launches long/short equity hedge fund with unique algorithm[more]

    Benedicte Gravrand, Opalesque London for New Managers: SJL Capital LLC, an investment advisory firm based in California, has launched its maiden fund, the SJL MarketDNA Hedge Fund LP. The fund, which began trading

  2. Manny Roman to move from Man to Pimco[more]

    Benedicte Gravrand, Opalesque London: Emmanuel (Manny) Roman, an investment world veteran, has been hired by PIMCO, the large US bond fund house, as chief executive officer. PIMCO's current CEO Douglas Hodge will assume a new role as managing director and senior advisor when Roman joins P

  3. Opalesque Exclusive: ArbitrOption outperforms benchmarks, up 7.18% in H1[more]

    Komfie Manalo, Opalesque Asia: Independent registered advisor ArbitrOption breezed through the tumultuous Brexit referendum and outperformed its benchmarks. ArbitrOption was up 7.18% in the first half of 2016 compared to the S&P 500 which gain

  4. Europe - European hedge funds shrink and shutter as turmoil hurts returns, Investors go bargain-hunting for U.K. property after Brexit vote, Brexit: Guidance for fund directors - what to know and what to ask[more]

    European hedge funds shrink and shutter as turmoil hurts returns From Bloomberg.com: Europe’s hedge-fund industry contracted for a sixth straight quarter as the U.K.’s decision to leave the European Union and concerns that China’s growth is slowing caused losses and forced some money man

  5. Platinum Partners starts liquidation of hedge funds following municipal union kickback scandal[more]

    Komfie Manalo, Opalesque Asia: Platinum Partners, the hedge fund in the middle of a New York City municipal union kickback investigation, is reported to be liquidating two of its funds, the New