Sat, Jan 31, 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 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. Opalesque Exclusive: Ex-Citi trader launches 'sleep-at-night’ long/short equity fund[more]

    Benedicte Gravrand, Opalesque Geneva for New Managers: After working at Citi's proprietary trading desk, managing a large portfolio between 2008 and 2011, Joel S. Salomon founded SalaurMor Management in New Yor

  2. 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

  3. 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

  4. Update: Prosecutors seek 12 years for hedge fund manager Francisco Illarramendi[more]

    Komfie Manalo, Opalesque Asia: Federal prosecutors have asked the court to sentence convicted hedge fund manager Francisco Illarramendi to 12 years imprisonment for running an elaborate Ponzi scheme that bilked investors hundreds of millions in dollars, including a Venezuelan pension fund, report

  5. Institutions - Ontario pension fund leader calls all asset classes ‘expensive’, Taiwan's BLF plans $2bn in alternative mandates[more]

    Ontario pension fund leader calls all asset classes ‘expensive’ From WSJ.com: The head of one of the world’s largest pension funds said that across asset classes, “everything is expensive.” Ron Mock, who leads Canada’s $141 billion Ontario Teachers’ Pension Plan, said that the plan would