Fri, Dec 9, 2016
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. Institutions - Texas County & District culls 5 hedge funds, reallocates to existing managers, Kentucky board gives final approval to halve hedge fund portfolio, $38bn Finnish fund moves assets to U.S. as Europe flounders, South Korea’s National Pension Fund holds 5% stake in 62 listed companies[more]

    Texas County & District culls 5 hedge funds, reallocates to existing managers Texas County & District Retirement System, Austin, continues to reduce the number of hedge funds, but not the size of its $6.2 billion hedge fund portfolio. It will redeem a total of $760 million from five hedg

  2. Opalesque Roundtable: Australian family offices search for good risk adjusted returns, happy to pay for skill[more]

    Komfie Manalo, Opalesque Asia: Australian family offices want foremost good risk adjusted returns, and they are happy to pay for the skill, and in some cases, the limited capacity of an active manager. Jonas Daly, Head of Distribution at B

  3. StepStone announces close of Swiss Capital acquisition[more]

    StepStone Group LP announced it has successfully closed the acquisition of Swiss Capital Alternative Investments AG, one of the leading private debt and hedge fund solutions providers in Europe. The transaction was originally announced in May 2016, and has been in the process of receiving regulatory

  4. Investing - Stephen Cohen investing $275m in free clinics treating veterans' mental health issues, California Resources loses favor with hedge funds[more]

    Stephen Cohen investing $275m in free clinics treating veterans' mental health issues From Healthcarefinancenews.com: …Now, a new chain of free mental health clinics for vets has opened in five cities across the United States to fill the gap. The much-needed new treatment is underwritten

  5. Hedge funds flat in last week of November 'in sympathy with markets’[more]

    Komfie Manalo, Opalesque Asia: Hedge funds were close to flat in the last week of November in sympathy with markets, which took a pause ahead of the OPEC meeting and Italian referendum. The Lyxor Hedge Fund Index was -0.1% as of end November 29 (-1.7% YTD), according to the latest