Mon, May 2, 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 35

Saturday, September 04, 2010

Kirsten Bischoff, Opalesque New York:

With the end of summer holidays fast approaching the news of launches was scarce, but last week, we learned about the following new fund launches from Collard Capital (Global Macro fund), a group of ex-Mizuho traders (Japan equity), an absolute return fund from Hasley Investment Management, and Galtere (agriculture PE). UCITS continue to roll out with Signet announcing a global fund of UCITS, and Swiss private bank Clariden Leu’s launch of a fund of UCITS, in partnership with Olympia Capital. Also launching will be a new fund of funds based in Sweden (Merrant Select), the first officially registered hedge fund in China from E Fund Management and Majedie Investments in London announced the launch of Javelin Capital, a subsidiary asset management business.

Index results released for August included: Credit Suisse's Liquid Alternative Beta Index -1.14%, 1.81% YTD

Hedge fund assets continue to be slowly chipped away by redeeming investors and performance that has lagged the markets. The result is a lack of inflows that has left industry assets at the lowest levels since November 2009. Funds that are seeing assets are fixed income strategies with investors flocking to the positive returns (only one negative month in the past 19 according to Trim Tabs/Barclayhedge), and absolute return funds, which rose $7bn this year, even on flat returns. Harcourt saw its own aum rise to 4.7bn in 2010 and the Reyl Group is the latest manager to declare the time is ripe for hedge fund seeding.

Hedge funds performance information for August began to trickle out as the week progressed and we learned that out of the larger firms Greenlight gained 4% in August, Och Ziff eked out ......................

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. Hedge funds see $14.3bn outflows in Q1, CTAs and multi-strategy lead net inflows[more]

    Komfie Manalo, Opalesque Asia: The hedge fund industry saw net outflows of investor capital in the first quarter of the year, totaling $14.3bn, data from Preqin showed. This continues from the $8.9bn overall net outflows that funds recorded in Q4

  2. Third Point calls Q1 "catastrophic" for hedge funds[more]

    Bailey McCann, Opalesque New York: The first quarter of this year was rocky for hedge funds based on aggregate performance from the industry, but now we are beginning to hear what the managers thought of it as quarterly letters make their way to investors. Dan Loeb, CEO of New York-based $17 bill

  3. Asia - Stabilization of China's capital outflows may hinge on Janet Yellen, Fink says China to do well this year as bubble threat postponed, Chinese hedge fund to invest in India’s infrastructure[more]

    Stabilization of China's capital outflows may hinge on Janet Yellen From Bloomberg.com: Whether China’s recent stabilization of its currency and capital outflows continues -- or downside pressure reignites -- may hinge in large part on Janet Yellen. If the Federal Reserve chair sticks to

  4. …And Finally - After all, judges are human too[more]

    From Newsoftheweird.com: In March, one District of Columbia government administrative law judge was charged with misdemeanor assault on another. Judge Sharon Goodie said she wanted to give Judge Joan Davenport some files, but Davenport, in her office, would not answer the door. Goodie said once the

  5. Comment - Unmasking the men behind Zero Hedge, Wall Street's renegade blog[more]

    From Bloomberg.com: Colin Lokey, also known as "Tyler Durden," is breaking the first rule of Fight Club: You do not talk about Fight Club. He’s also breaking the second rule of Fight Club. (See the first rule.) After more than a year writing for the financial website Zero Hedge under the n