Tue, Oct 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 11

Saturday, March 19, 2011

Benedicte Gravrand, Opalesque Geneva:

This week, we heard of launches from Plenum Investments (energy hedge fund); Highbridge Capital (Ucits III commodities fund); Global Fund Exchange (water, natural resources and agriculture fund); Hume Capital (Global Opportunities fund); Grand Slam (maiden hedge fund); Danske Invest (Denmark's first Ucits-compliant hedge funds); and Peak Partners (green fund).

“We have seen more start-up activity in the past 6 months than we have over the course of the entire past 24 months,” Jack McDonald, CEO of Conifer Securities LLC told Opalesque.

Also, BNP Paribas launched a new alternative investments subsidiary; several hedge fund industry veterans launched Privium, a one-stop shop solution for emerging hedge funds; and other hedge fund veterans launched Pulse Capital Partners, for seeding/acceleration and customized portfolio solutions.

New York-based Quantitative Research & Trading (QRT) shut down following a series of investor redemptions, HFMWeek said; HFMWeek also reported that Connecticut-based Plainfield Asset Management, which is currently liquidating its assets, is expected to return all investor capital by June 2012 before making a decision on its future. Finally, Zoe Cruz’s Voras Capital closed its credit fund due to low assets and several employees have left, reported NYpost.com.

The Newedge CTA Index is up 1.13% in February, -0.32% YTD; The HFRX Global Hedge Fund Index returned 0.73%, +1.29% YTD; The RBC Hedge 250 Index gained 1.23%, +1.94% YTD; The Barclay CTA Index is up 0.96% (est.), -0.13% YTD; And the Scotia Capit......................

To view our full article Click here

Banner

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. Opalesque Exclusive: What's next for trend followers?[more]

    Bailey McCann, Opalesque New York: New research out from Ibbotson touches on a key debate happening among investors and fund managers, specifically whether long term trend followers can survive in the new

  2. Commodities - Oil wreaking havoc on small-cap energy stocks sliding 36%[more]

    From Bloomberg.com: Owning almost anything in the U.S. stock market has been a losing proposition since September. Owning smaller energy companies has been a catastrophe. Hercules Offshore Inc. and Resolute Energy Corp. are among 19 oil-and-gas equities in the Russell 2000 Index that lost more than

  3. Investing - Hedge funds favor equity long/short, Strategic bond managers hedge against further high yield sell-off[more]

    Hedge funds favor equity long/short From Securitieslendingtimes.com: Equity long/short strategies will generate good returns for hedge funds in the future, according to a panel at this year’s Risk Management Association Conference on Securities Lending in Naples, Florida. Panellists Sand

  4. Legal - Ex-hedge fund analyst weeps as judge hands down 5 year sentence, Former Columbus investment manager Steven P. Moore indicted on theft charges, SEBI confirms ban for Hong Kong hedge fund, SEC announces enforcement action against compliance officer[more]

    Ex-hedge fund analyst weeps as judge hands down 5 year sentence From Hereisthecity.com: An ex-hedge fund analyst was sentenced to 5 years in prison for his role in insider-trading scheme. The New York Post reports that former hedge fund analyst Matthew Teeple was sentenced Thursday to fiv

  5. Sparx optimistic about outlook for Japan[more]

    Benedicte Gravrand, Opalesque Geneva: According to SPARX, there are causes to be optimistic about the outlook for the Japanese market and the country's economy in general. Sparx Asset Management is a Tokyo-based asset manager, part of