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 49

Saturday, December 11, 2010

Benedicte Gravrand, Opalesque Geneva:

Last week, we heard of fund launches from Insparo (Africa); Christofferson Robb (liquid version of flagship); Gorelick Brothers (closed-end FoHFs); Venus Capital (India Emerging Leaders) ; and Algebris Investments (fund focusing on capital securities that regulators say banks must issue).

Ex-hedge fund manager Marcel Melis started a capital-raising company; Atlanta-based law firm Morris, Manning & Martin launched a funds and alternative investments group; and New Zealand-based quant manager Pure Capital launched a new advisory service called 'CTAllocate'.

The Bloomberg Aggregate Hedge Fund Index fell 1.5% in November, +6.1% YTD; The Lyxor Hedge Fund Index went down 0.78%, +3.49% YTD; The UCITS HFS Index was up 0.78%, 4.42% YTD; The UCITS Alternative Index Global returned -0.21%, +0.78% YTD; The HFRI Fund Weighted Composite Index gained 0.26% (est.), +7.12% YTD; The Hennessee Hedge Fund Index was up 0.2%, +7.0% YTD; The Dow Jones Credit Suisse Hedge Fund Index went down -0.28% (est.), +7.72% YTD; The Eurekahedge Hedge Fund Index gained 0.55% (est.), +7.2% YTD; And the Greenwich Global Hedge Fund Index was flat at 0.1%, 7.3% YTD.

TrimTabs Investment Research and BarclayHedge reported that the hedge fund industry posted an estimated inflow of $16.0bn (1.0% of assets) in October 2010, the fourth straight inflow as well as the heaviest since November 2009; assets administered in the fund of hedge funds (FoHFs) sector have climbed 2% in the past six months, to a total of $1.065trn, reported HFMWeek's 15th Assets under Administration (AuA) survey; and the money invested in more than 180 Geneva-based FoHFs totalled $14.8bn......................

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