Sun, Mar 26, 2017
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 14

Saturday, April 09, 2011

A roundup of the week’s hedge fund launches, closures, index performance, trends, regulatory, legal, and financial events pertaining to the alternative investments industry.

Last week, we heard of fund launches from UK ex-prime minister Tony Blair who has teamed up with a private equity veteran to launch Collabrium Capital (FoHF and fund of private equity funds), former Deephaven Capital Management PM Edouard Salet will launch a fund this summer (global long/short equity), Forex strategist Stephen Jen announced he will launch a fund, and eight Deutsche Bank traders led by Kay Haigh have left the bank to form a fund. Columbia Management announced the launches of two absolute return funds, Julian Robertson is reopening Tiger Management to outside investors for the first time in more than a decade, and Blackstone Group has announced it will spin off its maiden global infrastructure fund, which has raised just $350m from outside investors since its launch almost two years ago.

UCITS announcements also continue to roll out with RAB Capital launching two new funds (mining and resources, and gold and precious equities), Matrix Asset Management will launch a Europe long/short fund (targeting markets such as Russia, Poland, the Czech Republic, Austria, Greece and Turkey). Axa Investment Managers has launched the AXA World Fund Multi Alpha, and Aberdeen Asset Management will launch the MM Diversified Alpha fund.

Ironbound Capital has reported the closure of its flagship Ironbound Partners Fund which implemented a global long/short equity strategy.

The Hedgegate Swiss funds of hedge funds Index was down 0.23% in January; the Credit Suisse Liquid Alternative Beta Index up +1.28% in March (+4.39% YTD); the IndexIQ Hedge Global Macro Beta Index up +1.12% (+1.06% YTD); the HFRX Global Hedge Fund Index down 0.88% (+0.40% YTD); the 2n20: UCITS HFS Index loses 0.79% (-0.68% YTD); the HFRI Fund Weighted Composite Ind......................

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. Hedge fund liquidations in 2016 surpass 2009 levels, new launches decline[more]

    Benedicte Gravrand, Opalesque Geneva: Even as the hedge fund industry's total assets exceeded the $3tln milestone last year, hedge fund liquidations increased. So much so that 2016 had the highest number of liquidations since 2008, claims the latest HFR Market Microstructure Report, re

  2. Hedge funds find no joy in macro as returns lag Trump rally[more]

    From Gulfnews.com: In 2017, macro hedge funds were expected to shine. So far? Not so much. It's been a far from impressive first two months for funds that trade around macroeconomic events. Discretionary funds rose just 0.3 per cent through February, according to Hedge Fund Research Inc., while the

  3. Strategies - Billionaire investor Marc Lasry shares how he's playing markets right now, Classic models are failing FX hedge funds desperate for return[more]

    Billionaire investor Marc Lasry shares how he's playing markets right now From CNBC.com: Buy on the prospect of deregulation. Sell on the enactment of deregulation. That's the strategy that billionaire investor Marc Lasry is implementing, according to an interview with CNBC in Las Vegas

  4. Opalesque Exclusive: Aberdeen makes the case for the lower mid-market[more]

    Bailey McCann, Opalesque New York: Aberdeen Asset Management has released a new paper focused on lower mid-market private equity. According to the paper, this segment of the private equity market is gaining popularity with private equity investors that are looking for multiple expansion and less

  5. Hedge funds await outcome of French elections, feel pinch on lower oil prices & weak dollar[more]

    Komfie Manalo, Opalesque Asia: Hedge funds felt the pinch of lower oil prices and weak U.S. dollar as the Lyxor Hedge Fund Index was marginally down as of the week ending 14 March, Lyxor Asset Management said in its Weekly Briefing. The Lyxor He