Tue, Apr 21, 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 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. Studies - Fund managers bullish on equities, alternative asset classes, Hedge funds starting to spurn emerging markets, Insurance companies take aggressive approach to hedge funds despite restricted exposure[more]

    Fund managers bullish on equities, alternative asset classes From Benefitnews.co: Asset allocation and risk continue to be the top issues for institutional investors in 2015 and, while nobody is sure what the economy will do in 2015, investment fund managers remain positive about investm

  2. Investing - New hedge fund strategy: Dispute the patent, short the stock, David Einhorn bets on AerCap as leasing company avoids turbulence, Top hedge funds reveal these best investing ideas, Hedge funds bet big on PetSmart price bump, Victory Park Capital increases investment in upstart to $500m[more]

    New hedge fund strategy: Dispute the patent, short the stock From WSJ.com: A well-known hedge-fund manager is taking a novel approach to making money: filing and publicizing patent challenges against pharmaceutical companies while also betting against their shares. Kyle Bass, head of Hay

  3. Tiger Global falls 2.9% in March, down 5.3% in Q1[more]

    From Reuters.com: Investment firm Tiger Global Management, one of the hedge fund industry's most closely watched players, told clients that its hedge fund lost 5.3 percent during the first quarter, an investor said on Wednesday. Much of the decline came in March when the fund lost 2.9 percent,

  4. It’s not just hedge funds—IMF study finds stability risks from ‘vanilla’ funds[more]

    From MarketWatch.com: Leveraged hedge funds and banklike money-market funds are the parts of the asset-management industry most associated with risks to financial stability. But a report from the International Monetary Fund suggests that “plain-vanilla” mutual funds and exchange-traded funds also ca

  5. Hedge funds gain 2.4% in Q1 driven by currency and commodity markets[more]

    Komfie Manalo, Opalesque Asia: Hedge funds posted positive results last March to conclude a strong first quarter, with performance driven by strong macro trends in currency and commodity markets, complemented by broad-based gains and positioning in event driven, equity hedge and fixed income-b

 

banner