Tue, Jan 16, 2018
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 42

Saturday, October 23, 2010

Kirsten Bischoff, Opalesque New York:

Last week, we heard of fund launches from Avenue Capital (high yield debt), Sparx (Asian l/s equity), Riskowitz Capital (South Africa) and a private equity version of a distressed/private debt and equity hedge fund already run in hedge fund structure by Victory Park Capital. We also learned ex-Goldman Sachs/Merrill Lynch absolute return specialist David Staton is launching Zedd Capital (l/s European equities) with managed accounts, and niche investors Elite Advisors will launch Precious Time, which will invest in rare vintage watches.

On the UCITS front, we learned of new UCITS funds from Barcap (hedge fund replicator), Estlander & Partners (combining two managed futures strategies), and Amundi (l/s equity).

Index performance for September was reported as follows:

HFRX Global Hedge Fund Index up 1.72% (est.) in September (1.90% YTD)


Update: Dow Jones Credit Suisse Hedge Fund Index confirmed to finish up 3.43% in September (5.98% YTD)

Scotia Capital Canadian Hedge Fund Performance Index up 3.58% in September, 9.16% YTD (asset weighted) and 2.99%, 6.02% YTD (equal weighted)


Lyxor Global Hedge Fund index up 2% in September (2.8% YTD)


Edhec Indices: All but one strategy registered solid returns in September, convertible Arbitrage up 1.93% (+8.5% YTD)


 Lyster Watson Alpha Indices show large September gains for Asia (+5.60%) and emerging markets (+5.60%) hedge funds


RBC Hedge 250 Index up 2.2% (est.) in September (+2.54% YTD)

Barclay CTA Index +1.90% in September (+2.45% YTD), Ag traders up 7.33% YTD


UCITS hedge funds up 1.09% in Q3, AUM up to Eur 1.9bn


We heard Pierre Henri Flamand, who previously ran Goldman Sachs’ Principal Strategies group, has raised over $1bn in assets for the launch ......................

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. Legal - Former Och Ziff hedge fund executive indicted for fraud in Africa investment scheme, prosecutor says, Hedge fund blasts defense of Puerto Rico restructuring law[more]

    Former Och Ziff hedge fund executive indicted for fraud in Africa investment scheme, prosecutor says From CNBC.com: A former hedge fund executive faces federal charges for defrauding a UK-based charity over investments in Africa, according to a grand jury indictment made public Wednesday.

  2. U.S. economy, inflation and alternative investments to dominate 2018 markets, says family office Wilmington Trust[more]

    Komfie Manalo, Opalesque Asia: The emergence of a late-cycle economy in the U.S., the mystery of inflation and growth from a domestic and global perspective, and the potential for alternative investments to prosper against a backdrop of rich valuations, low yields, and higher volatility are the t

  3. Performance - Some hedge funds deliver double-digit gains for 2017, Brevan Howard's hedge fund suffers biggest annual loss in 2017, Crispin Odey's flagship hedge fund plummeted about 20% in 2017, Profits fall 90% at ex-Morgan Stanley banker's hedge fund, Fannie-Freddie overhaul might mint hedge fund riches, losses[more]

    Some hedge funds deliver double-digit gains for 2017 From Reuters/Investing.com: A handful of hedge funds ended 2017 with double digit returns, their investors said, at a time the $3 trillion industry took in fresh money and posted its best returns in years, industry data show. Act

  4. Investing - Hedge funds start 2018 with record $19 billion bet on the euro, Hedge fund Kora Management invests in Satin Creditcare[more]

    Hedge funds start 2018 with record $19 billion bet on the euro From Reuters.com: Hedge funds have kicked off 2018 with their biggest bet ever on the euro rising, a clear vote of confidence in the single currency but, with positioning so stretched, one which could backfire in the near ter

  5. News Briefs - Mobius to retire from Franklin Templeton, Authorities decrypt smart phone of Princeton grad charged with killing Manhattan hedge fund dad, Investigators seize (more) antiques from hedge-fund billionaire Michael Steinhardt's collection[more]

    Mobius to retire from Franklin Templeton Emerging markets pioneer Mark Mobius will be stepping down as executive chairman of the Templeton Emerging Markets Group (TEMG) and formally retire from Franklin Templeton on 31 January. He will also be relinquishing his post as portfolio manager