Tue, Jan 27, 2015
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. Investing - U.S. investors favor currency hedged Europe ETFs as euro tumbles, Quants win back investors as Swiss franc fuels volatility gains, David Einhorn's $7bn hedge fund is loading up on this stock, Hedge fund BlueMountain Capital unveils Ocwen Financial short, claims default on notes[more]

    U.S. investors favor currency hedged Europe ETFs as euro tumbles From Reuters.com: U.S. investors stung by the falling euro who want to stay invested in Europe are turning to exchange-traded funds designed to strip out the impact of the region's currency. The biggest among so-called "cur

  2. News Briefs - Millennials use tech tools to jump into investing, Winklevoss twins to launch bitcoin exchange with FDIC insured deposits, Robertson’s legacy from hedge funds to New Zealand, Real estate managers exploring smaller open-end funds[more]

    Millennials use tech tools to jump into investing It is the Facebookification of monetary investing. From social networking platforms that enable young investors to stick to every other's stock-picking mojo, to internet sites for initially-timers hungry for a piece of the Silicon Valley

  3. Top performing private equity firms you should invest in[more]

    Komfie Manalo, Opalesque Asia: Professor Oliver Gottschalg of Paris-based HEC Business School, also known as Ecole des Hautes Etudes Commerciales de Paris has released his annual ranking of the top performing private equity firms. The 2014 HEC-DowJones Private Equity Performance Ranking

  4. Comment - Why invest in hedge funds if they don't outperform the market?[more]

    From Forbes.com: Hedge funds have always been a bit exotic and an enigma to some, but bottom line they are supposed to produce good returns using a range of strategies including global macro, event driven and relative value (arbitrage). And, sophisticated or high-net-worth individuals (HNWIs) could

  5. Owen Li 'truly sorry' for blowing up $100m of hedge fund’s assets[more]

    From CNBC.com: A hedge fund manager told clients he is "truly sorry" for losing virtually all their money. Owen Li, the founder of Canarsie Capital in New York, said Tuesday he had lost all but $200,000 of the firm's capital—down from the roughly $100 million it ran as of late March. "I take r