Sat, Apr 25, 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 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. U.S. does not want hedge funds to invest in offshore re-insurers for tax purposes[more]

    Komfie Manalo, Opalesque Asia: The U.S. Treasury Department on Thursday introduced a new rule aimed at limiting hedge funds’ ability to reduce their tax bills by investing in insurance companies in offshore tax havens. As a general rule, the U.S. tax laws does not allow hedge funds to use off

  2. Ruling: Hedge funds suing Argentina can have access to bond offering[more]

    Komfie Manalo, Opalesque Asia: U.S. District Judge Thomas Griesa in Manhattan ruled yesterday that hedge funds are entitled to details of a recent bond offering by Buenos Aires, reports

  3. Hedge funds looking to continue their rally in Q2[more]

    Komfie Manalo, Opalesque Asia: Hedge funds finished the first quarter on a strong note and are looking to continue the rally in the second quarter, said Lyxor Asset Management in its Weekly Brief. The Lyxor Hedge Fund Index is up 0.4% over the week

  4. Hedge funds down -0.17% in March (+1.23%YTD)[more]

    Bailey McCann, Opalesque New York: The hedge fund industry produced an aggregate return of –0.17% in March to end Q1 2015 up 1.23%, compared to the S&P 500 which increased 0.96%, according to the latest data from eVestment. Hedge fund performance returns were mixed in March amid increased equity

  5. Fund managers express concern of overvaluation in both equity and bond markets[more]

    Komfie Manalo, Opalesque Asia: According to the BofA Merrill Lynch Fund Manager Survey, investors see growing overvaluations in both

 

banner