Thu, Aug 21, 2014
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 5

Saturday, February 05, 2011

Last week, we heard of fund launches from Future Capital Partners which brings the Elara Renewable Fund (EIS) and Clean Future (VCT) to market, focusing on high growth potential of the renewable energy investment sector; long/short equity funds were rolled out by Resultant Capital (a former team at Symphony Asset Management) and Courage Capital Management, which also launched a short-biased fund. We learned Nevsky Capital LLPs Martin Taylor will launch an $800m fund, Duma Capital launched a second fund (global macro), Mizuho launched Ovington Capital (multi-strategy), and Fulcrum Asset Management will tap active commodities with a new fund. Former LibertyView partners will launch HudsonView (market neutral), and HedgeForward announced the launch of a CTA focused on OTC foreign exchange markets.

BNY Mellon Asset Management launched a European absolute return fund, Man Group unveiled a hedge fund-linked ETF, Aberdeen brought out onshore versions of their emerging markets and high yield bond funds, and we saw a re-launch from 36 South (‘black swan fund’).

Absolute Return Partners LLP launched The Global Equity Alpha Fund (UCITS III); and a slew of funds were reported to go live on platforms this quarter with CastleRock ($25m AuM -UCITS) and Sabre ($22AuM – UCITS) funds go live on Liquid Alpha UCITS Platform (soon to be followed by 8 other funds), and the Liontrust Special Situations Fund is now available through the Skandia Investment Solutions platform.

The Parker FX Index returned 0.45% in December (+2.12% YTD); the Credit Suisse Liquid Alternative Beta Index was up 0.18% in January; the HFRX Global Hedge Fund Index gains 0.56% in January; and UCITS Alternative Index Global up 0.01% in January, UCITS Alternative Index Fund of Funds down 0.10%.

New, American hedge fund managers had a strong year, bringing $17bn in new assets into the industry in 2010, while Irish domiciled funds reached €963bn ($1.3tln) in n......................

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 Employees sets 2015 tactical plan for alternatives, CalPERS' real estate consultant cautions the pension fund's investment committee, Why Sunsuper likes hedge funds[more]

    Texas Employees sets 2015 tactical plan for alternatives From PIOnline.com: Texas Employees Retirement System will invest in up to four new hedge funds in the next fiscal year, which begins Sept. 1. Trustees approved 2015 tactical investment plans for the hedge fund, private equity and in

  2. Private equity follows hedge funds into reinsurance for long-term capital[more]

    From Artemis.bm: It’s not just hedge funds that are entering the insurance and reinsurance market in search of so-called long-term capital to put to work in their strategies, private equity firms targeting the space are also seeking opportunities to add assets under management. The entry of large pr

  3. North America – New York City’s next hot neighborhoods targeted with property funds[more]

    From Bloomberg.com: New York’s real estate world is filled with tales of ordinary people who bought property decades ago and saw values skyrocket to the millions. Seth Weissman is seeking investors to get in early on the next hot neighborhoods. The veteran of Goldman Sachs Group Inc. and hedge

  4. Investing – George Soros bets $2bn on stock market collapse, Warren Buffett's Berkshire reveals Charter stake, cuts DirecTV, Hedge funds lusting to cash out of MGM, Top hedge fund managers are buying Ally Financial, Hedge funds dumped 5m Herbalife shares in Q2, Paulson & Co hedge fund ups Puerto Rico real estate bet, Netflix Inc., Citigroup Inc, Google Inc are top new picks in Tiger Management’s 13F[more]

    George Soros bets $2bn on stock market collapse From Newsmax.com: Billionaire investor George Soros has increased his financial bet that U.S. stocks will collapse to more than $2 billion. The legendary hedge fund manager has been raising his negative bet on the Standard & Poor's 500 Inde

  5. Investors now net short S&P500 and increased Russell shorts, technicals suggest further selling[more]

    Komfie Manalo, Opalesque Asia: Market Neutral funds increased their market exposure to -1% net short from -6% net short last week, according to Bank of America Merrill Lynch’s Hedge Fund Monitor. The report also added