Fri, Aug 26, 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 36

Saturday, September 11, 2010

Benedicte Gravrand, Opalesque London:

Last week, we heard of launches from City Financial and Clontarf Capital (Asian fund of funds); Henderson (agricultural hedge fund); Kite Lake Capital (special sits fund); Threadneedle (UK Absolute Alpha Fund); Kurt Billick (Bocage Global Resources fund); new firm Crinan Capital (Scotland’s first computerised hedge fund business); Javelin (L/S hedge fund); C12 (fixed-income multi-strategy fund); ML Capital (Ucits platform); RWC Europe (Ucits structure for US absolute alpha fund); Greg Lippmann and Fred Brettschneider (new hedge fund); Lance Futures (hedge and managed futures funds); and GAM and DCI (market neutral credit Ucits).

The HFRX Global Hedge Fund Index showed gain of +0.17% (est.) in August, +0.18% YTD; Nara Capital’s Ucits Alternative Index Global returned 0.14%, -0.14% YTD; 2n20’s Ucits HFS Index was up 0.43% due to solid gains in first three weeks, and 2.69% YTD; Lyxor’s Hedge Fund Index was up 0.05%, 0.84% YTD; The HFRI Fund Weighted Composite Index returned +0.38% (est.), +1.65% YTD, with strong performance in macro and relative value; Hedge funds declined -0.55% in August, but were up 1.32% YTD according to Hennessee Hedge Fund Index; The HFN Hedge Fund Aggregate Index was up 0.41% and +2.16% YTD, investor interest in hedge funds was strong again that month and performance was supported by fixed income and commodity strategies; The Dow Jones Credit Suisse Hedge Fund Index notched positive performance of +0.22% (est.), +2.46% YTD; And the Eurekahedge Hedge Fund Index was up 0.71% (est.), 1.92% YTD.

TrimTabs Investment Research and BarclayHedge reported that the hedge fund industry posted an estimated outflow of $2.9bn, or 0.2% of assets, in July 2010, the second straight outflow. Industry assets sank to $1.53tn, the thir......................

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: Algorithms platform aims to target typical challenges found in quantitative hedge funds[more]

    Benedicte Gravrand, Opalesque Geneva: Last month, Quantopian received investments from Point72 Ventures, the new venture capital arm of Steven Cohen’s Point72 Asset Management.

  2. LatAm hedge funds surge in 1H to +24.4%, emerging markets assets rise[more]

    Komfie Manalo, Opalesque Asia: Hedge funds investing in Latin America posted strong gains through mid-2016, reversing declines in four of the past five years, including the last three years, to lead all areas of hedge fund performance through the first half of 2016, according to the latest HFR Em

  3. Asia - LGT Capital Partners: Alternatives set for continued rise in Asia[more]

    From Asianinvestor.net: More flows are likely into insurance-linked strategies, private equity and trend-following strategies/CTAs, given the benefits of such investments, argues LGT Capital Partners. Despite the numerous quantitative easing programs and bailouts of recent years, the quest for

  4. Opalesque Roundtable: Low and high fee investments often better than mid fee hedge funds[more]

    Komfie Manalo, Opalesque Asia: Hedge funds that charge the low and high fees stuff often provide better returns than "those sort of mid-fee investments", said Keith Haydon, chief investment officer of Man FRM. (Alternative) investment managers who charge high fees would often provide the most int

  5. Hedge fund investors pull $5.7 billion in July[more]

    From Bloomberg.com: Hedge funds suffered a third consecutive month of outflows in July as investors withdrew $5.7 billion, according to industry tracker Eurekahedge. Redemptions totaled $20.7 billion in the three months through July, with money managers betting on equities suffering $18.4 bill