Sun, Jun 25, 2017
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 4

Saturday, January 29, 2011

Last week, we heard of fund launches from Armajaro Asset Management, which will launch the Armajaro Natural Resources Fund in February with $70m in assets. We also learned Boaz Weinstein will launch the Saba Capital Tail Risk Fund (tail risk strategies) with $160m, Causeway Capital Management is launching the Causeway Global Absolute Return Fund, Adeos Advisers (formerly SRM Advisors) brings a special situations fund to market, and three new value strategy products were introduced by Oxeye Strategies.

GSO/Blackstone launched the Blackstone/GSO Long-Short Credit Income Fund (l/s fund), and top Turkish investor Ahmet Dedehayir returns to investing and launched Turkeys’ first hedge fund, the Arma Portfolio Management. Major banks rolling out new funds included JPM Global Natural Resources (resource fund), and Deutsche Bank launched a second hedge fund exchange traded fund, the db x-trackers db Strategies Hedge Fund Index.

We learned that Aspect Capital launched a UCITS version of its flagship offshore fund, and funds of funds launches announced this week include Trinity Capital Partners the new Quaestus Capital fund (seeder), and the John Hancock Alternative Asset Allocation Fund (multi-manager).

Mutual funds continue to knock hedge fund industry’s door with the launching of the Frost Diversified Strategies Fund (a mutual fund that acts like a hedge fund) and Forward Management’s new Tactical Enhanced Fund, a mutual fund based on a hedge fund strategy. And the much-awaited “Twitter fund” from Derwent Capital Markets will be delayed to April due to higher-than-anticipated interest from clients.

There were also closures reported last week as Artradis Fund Management Pte said it would close down its Artradis AB2 Fund and redeem investor’s money, “relatively disappointing performance,” is behind the closure of Cheyne Capital’s Macro......................

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. Legal - Bond market concerns could scuttle Paulson's Fannie-Freddie plan[more]

    From Bloomberg.com: A hedge fund proposal for freeing Fannie Mae and Freddie Mac from U.S. control is poised to face stiff opposition from investors who say it risks wrecking the mortgage-bond market. The Moelis & Co. blueprint, which firms including Paulson & Co. and Blackstone Group LP sponsored,

  2. Other Voices: Are your pricing policies and procedures for less liquid instruments adequate?[more]

    Komfie Manalo, Opalesque Asia: The unrelated position mismarking incidents that quickly precipitated the closures of both Visium Asset Management and Marinus Capital have been recent focal points for market participants, but regulatory scrutiny of valuation choices for less liquid instruments is

  3. FinTech - AI hedge fund Numerai now live on Ethereum, Cryptocurrency hedge funds generate huge returns as bitcoin surges[more]

    AI hedge fund Numerai now live on Ethereum From Cryptoninjas.net: Back in February, Numerai announced numeraire (NMR), a cryptographic token to incentivize a new kind of hedge fund built by a network of data scientists. Earlier today, the Numeraire smart contract was officially deployed

  4. Investing - Advisors slash hedge fund positions, Theravance Biopharma is a top pick of investment guru Seth Klarman, As asset management industry grows a search for new revenue streams[more]

    Advisors slash hedge fund positions From Barrons.com: Financial advisors have cut wealthy clients' exposure to hedge funds by up to one third over the past 12 months, The Financial Times reports. Advisor firms in the FT's annual top-300 ranking have reduced their hedge fund allocation to

  5. Barclay Hedge Fund index gains 0.50% in May, 4.13% YTD[more]

    Hedge funds gained 0.50% in May according to the Barclay Hedge Fund Index compiled by BarclayHedge. The Index is up 4.13% in 2017. The Barclay Hedge Fund Index has now been profitable for seven months in a row, with a cumulative gain of 6.10%. The Barclay Technology Index has gained 12.27% in the fi