Tue, Apr 24, 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 3

Saturday, January 22, 2011

Last week, we heard of fund launches from Antarctica Asset Management (global macro), CedarBridge Capital (from ex Wachovia European Investment Bank head Atul Bajpai), Denjoy Capital Partners (l/s equity fund launched by former Brevan Howard PM Frederic Denjoy) and a multi-strategy FoHFs from Attucks Asset Management.

We learned that Equanum Capital Management will move to Singapore as it starts an India fund (long-biased), Guangzhou Anhuitong Investment Co Ltd announced plans to launch its first hedge fund, and Butterfield Fulcrum is re-launching its managed accounts platform, Altinus. Opalesque spoke with $5m technology led futures fund BlackCat and last but not least, Mark Mobius, chairman of Franklin Templeton’s Emerging Markets Group caused a stir this week as he is reported to be considering launching a hedge fund

The UCITS rollouts continue. RWC Partners has scheduled its UCITS III RWC Enhanced ARC (Absolute Rate and Currency) Fund to launch in February 2011, Morgan Stanley launched a new fund (L/S equity) under its Ucits Irish Umbrella to be managed by Indus Capital Partners LLC, and GAM will launch two UCITS III funds for Graham Wainer.

The RBC Hedge 250 Index returned +2.25% in December (+6.42% in 2010); the Lyxor Global Hedge Fund Index up 2.3% (+5.8%); the Newedge CTA Index posted 3.35% (+9.28%); the Edhec-Risk Alternative Global CTA Indexes up 4.53%, (+10.0% YTD); the Dow Jones Credit Suisse Hedge Fund Index up 2.90%, (+10.95% YTD); the HFRX Global Hedge Fund Index up 2.36%, (+5.19% YTD): and the Scotia Capital Canadian Hedge Fund Index up 2.23% (20.16% YTD) on asset weighted basis, +2.20% (+14.78% YTD) on equal weighted basis.

Hedge fund tracker Eurekahedge reported that hedge fund assets hit $1.917tln in 2010. Europe’s largest listed fund Man Group’s stood at......................

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 - Sequoia takes Facebook stake as shares slide in data controversy, $1.4b hedge fund sees intact fundamentals for Facebook, Jim Cramer reveals some 'suggested hedge fund trades' amid the Trump tariffs[more]

    Sequoia takes Facebook stake as shares slide in data controversy From Bloomberg.com: The $4.2 billion Sequoia Fund bought a small position in Facebook Inc. as the stock slid late in the first quarter, investment manager Ruane, Cunniff & Goldfarb told clients. "The recent controversy enab

  2. Activist Investors - Blue Sky-owned Wild Breads faces uncertain future[more]

    From AFR.com: A Blue Sky private equity investment in artisan-style baker Wild Breads enjoyed multiple valuation upgrades despite losing millions and breaching its lending covenants, accounts lodged with the regulator last week show. Wild Breads lost $2.4 million in 2017, but Blue Sky ascribed a hig

  3. Opalesque Exclusive: Barnegat to close hedge fund to outside investors on weak opportunities[more]

    Komfie Manalo, Opalesque Asia: Bob Treue's Barnegat Fund Management said it is closing its $666m fixed income relative value hedge fund to outside investors. "The negative side to gains in Fixed Income Arbitrage is that unless we find new opportunit

  4. Investing - Hedge fund makes a big bet on malls, British hedge fund manager Odey short UK government bonds on QE bet[more]

    Hedge fund makes a big bet on malls From Barrons.com: The dominant narrative on American shopping malls is that they're dead. Crushed by Amazon.com, many brick-and-mortar retail stores are destined for bankruptcy. And where is the most retail, clustered all together? Malls. From a

  5. Performance - Hedge funds suffer first back-to-back loss in two years, Netflix performance burns hedge fund short sellers, Macro hedge fund up 14.5% in first quarter sees dollar falling, Renaissance Technologies rebounds across hedge funds in March[more]

    Hedge funds suffer first back-to-back loss in two years From Bloomberg.com: Hedge Fund returns sank for a second straight month in March, the first back-to-back loss since the first two months of 2016, as trade wars, tech-sector woes and a Fed rate hike dragged down the S&P 500 from its