Wed, Sep 20, 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 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. Institutions - Canada's pension funds lever up[more]

    From Institutionalinvestor.com: Canadian pension plans are among the most admired institutional investors for their prowess as money managers. Now pension plans in Canada are upping the ante, increasingly issuing long-term bonds and using the borrowed money, or leverage, to try a

  2. Manager Profile - The three quants in their 20s running a hedge fund making $1 billion of trades daily[more]

    From Forbes.com: In an office overlooking downtown Boston, the views are partially obscured by math formulas and technical drawings that have been scribbled on the windows. Wearing a T-shirt with the words "machine earning" printed on it, Luca Lin says the formulas are being developed to help trade

  3. News Briefs - Iron Cove Partners launches hedge fund manuscript management & professional liability insurance policy, Private equity, hedge funds eye bizav financing market. Blue Capital halts ILS fund buy-backs as hurricane Irma approaches[more]

    Iron Cove Partners launches hedge fund manuscript management & professional liability insurance policy Iron Cove Partners, a national insurance brokerage specializing in the needs of the alternative asset management community, today announced the launch of its newest insurance product, th

  4. Asia - Hedge funds used to love shorting China. Now, not so much, Fledgling China FoFs require careful use: NCSSF, Amac, Japanese banks turn to PE, hedge funds for returns[more]

    Hedge funds used to love shorting China. Now, not so much From Bloomberg.com: A sharp devaluation. A credit crisis. And an economic hard landing. That's what some of the biggest names in the hedge fund industry were predicting for China after the nation's stocks and currency tumbled in 2

  5. Launches - Orchard launches new credit platform, ETN based on hedge fund to launch on the LSE[more]

    Orchard launches new credit platform Orchard Platform has rolled out Deals as a part of its new platform launch. With the addition of Deals to their suite of technology solutions for loan originators and institutional investors, Orchard Platform takes the next step in their evolution. De