Benedicte Gravrand, Opalesque Geneva:
Last week, we heard of fund launches James Chanos (hedge fund); John Paulson (Ucits fund); East Coast and Arrow Hedge (grade credit instruments fund); GSB Podium Advisors (UCITS version of equity statistical arbitrage strategy); Hatteras (Multi-Strategy Funds); Auriel (dynamic currency hedging programme); Bridgewater (liquid version of Pure Alpha Fund); and Derwent Capital Markets (hedge fund using Twitter as stock market predictor). Also, Morgan Sze is to leave Goldman Sachs to launch Asia hedge fund in Hong Kong; and Icahn’s former lieutenant Keith Meister is planning an event-driven fund.
Hedge Fund Research reported that hedge fund launches had accelerated (to 260 in Q3) as managers are embracing transparency, Ucits III, that ......................
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