Wed, Aug 31, 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 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. The Big Picture: Water is single largest environmental investment opportunity[more]

    Benedicte Gravrand, Opalesque Geneva: Water, the world’s most precious and undervalued commodity, is set to lead the socially and environmentally responsible investment themes. This is according to specialist fund manager Thomas Schumann. His firm,

  2. Commodities - Hedge funds pile into bullish bets on U.S. crude by most on record, Rig count steady, hedge funds dump short contracts on 63 million barrels, Hedge funds bail on Copper as Goldman predicts ‘supply storm’, Hedge funds pile up bets against sterling[more]

    Hedge funds pile into bullish bets on U.S. crude by most on record From BRecorder.com: Hedge funds and other speculators raised their bullish bets on US crude oil in the past week by the most on record fuelled by speculation that Organization of the Petroleum Exporting Countries will agr

  3. Investing - U.S. hedge fund Marathon makes Brexit bet on European property, Hedge funds love Liberty and John Malone, DE Shaw could bid for control over TerraForm Power, New York hedge fund increases stake in Tronc as sale talks continue, Don't wait too long to check this +20% value fund's ideas[more]

    U.S. hedge fund Marathon makes Brexit bet on European property From FT.com: Marathon, a $13bn US hedge fund, is building a big Brexit trade, increasing its investments in property across Ireland, France, Germany and the Netherlands, in a bet that they will be among the big beneficiaries

  4. Investing - Hedge funds express interest in acquiring Terraform's class B shares, REIFs: A new opportunity for foreign real estate investors, $21bn distressed expert hedge fund likes these 4 ideas, This merger arbitrage ETF is drawing increased interest, Investors look to emerging Asia for returns[more]

    Hedge funds express interest in acquiring Terraform's class B shares From Thecountrycaller.com: The US residential solar provider, Sunedison Inc. has received a bid from hedge fund manager D.E Shaw & Co LP for controlling a stake in its Yieldco TerraForm Power Inc. According to Reuters,

  5. Opalesque Exclusive: Investors struggle to identify the better performing hedge funds[more]

    Komfie Manalo, Opalesque Asia: Fund managers and investors believe that performance is one of the major factors driving change in the hedge fund industry, a Preqin survey showed in its latest Hedge Fund Spotlight. Preqin said that the disappoin