Thu, Jan 18, 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 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. U.S. economy, inflation and alternative investments to dominate 2018 markets, says family office Wilmington Trust[more]

    Komfie Manalo, Opalesque Asia: The emergence of a late-cycle economy in the U.S., the mystery of inflation and growth from a domestic and global perspective, and the potential for alternative investments to prosper against a backdrop of rich valuations, low yields, and higher volatility are the t

  2. Performance - Some hedge funds deliver double-digit gains for 2017, Brevan Howard's hedge fund suffers biggest annual loss in 2017, Crispin Odey's flagship hedge fund plummeted about 20% in 2017, Profits fall 90% at ex-Morgan Stanley banker's hedge fund, Fannie-Freddie overhaul might mint hedge fund riches, losses[more]

    Some hedge funds deliver double-digit gains for 2017 From Reuters/Investing.com: A handful of hedge funds ended 2017 with double digit returns, their investors said, at a time the $3 trillion industry took in fresh money and posted its best returns in years, industry data show. Act

  3. Investing - Hedge funds start 2018 with record $19 billion bet on the euro, Hedge fund Kora Management invests in Satin Creditcare[more]

    Hedge funds start 2018 with record $19 billion bet on the euro From Reuters.com: Hedge funds have kicked off 2018 with their biggest bet ever on the euro rising, a clear vote of confidence in the single currency but, with positioning so stretched, one which could backfire in the near ter

  4. News Briefs - Mobius to retire from Franklin Templeton, Authorities decrypt smart phone of Princeton grad charged with killing Manhattan hedge fund dad, Investigators seize (more) antiques from hedge-fund billionaire Michael Steinhardt's collection[more]

    Mobius to retire from Franklin Templeton Emerging markets pioneer Mark Mobius will be stepping down as executive chairman of the Templeton Emerging Markets Group (TEMG) and formally retire from Franklin Templeton on 31 January. He will also be relinquishing his post as portfolio manager

  5. Comment - Seeding arrangements: Structure, approach, and the current market[more]

    From international law firm K&L Gates: Private fund growth has exploded over the last several years. While some areas are hotter than others, overall the industry has seen substantial growth. Existing managers have been able to launch larger funds and new managers have been able to successfully ente