Wed, Apr 23, 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 15

Saturday, April 16, 2011

Last week, we heard of fund launches from Sydney, Australia-based Regal Fund Management which launched the Regal Asian Pearl Fund , an Asian market neutral fund to take advantage of quant opportunities in the region. We also heard of launches from Basswood Capital Management (US long/short equity), Silk Road Management (global companies primarily exposed to Mongolian economy), HFT Capital Management (high frequency trading), MKP Capital Management (credit), and Busara Advisors is launching a customized emerging manager hedge fund of funds portfolio for a Fortune 100 Silicon Valley based corporation.

In UCITS new Och-Ziff Capital Management has launched the Och-Ziff European Multi-Strategy UCITS Fund (multi-strategy Ucits) to invests across a range of strategies, including long/short equity special situations, merger arbitrage, convertible/derivative arbitrage and credit. And “hedged” mutual funds continue to launch, the latest being from Bandon Capital Management, which announced the launch of its Bandon Isolated Alpha Fixed Income Fund, the absolute return long/short fixed income mutual fund

There was one announced fund closure with ReachCapital Management liquidating a number of its offerings, including the ReachCapital International Fund I, ReachCapital International Fund II and ReachCapital European Equity Fund.

The Greenwich Global Hedge Fund Index Index was down -0.1% in March (+1.4% YTD); the Lyxor Global Hedge Fund Index down -0.34% in March (+1.21% YTD); the Eurekahedge Hedge Fund Index u......................

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. …And Finally – Flight attendant has passengers rolling in aisle[more]

    From Orange.co.uk: A video of a US flight attendant turning her safety talk into a comedy routine is proving a huge hit online. More than five million people have watched the clip of Marty Cobb which has her passengers rolling with laughter on a Southwest Airlines flight to Salt Lake City.

  2. Niche Investing – Wealthy investors flock to fine art funds[more]

    From Clickorlando.com: Wealthy investors looking to diversify beyond stocks and bonds are now turning to an unusual money-making vehicle -- the art investment fund. The name says it all: These funds invest in fine art and seek returns by acquiring and selling high-end pieces for profit. Growth

  3. University of Michigan allocates $242m to six managers[more]

    From PIonline.com: University of Michigan, Ann Arbor, invested or committed a total of $242 million to one traditional equity manager and five alternative investment funds from its $9 billion endowment. University regents approved the hire of Mittleman Investment Management to run $35 million in act

  4. Performance – Odey flagship hedge fund suffers brutal March as shorts rise, Blackstone first-quarter profit rises 30% on higher fees[more]

    Odey flagship hedge fund suffers brutal March as shorts rise From Valuewalk.com: The tide has turned for the worse for one of Europe’s best performing hedge funds. Crispin Odey’s flagship hedge fund, Odey European has suffered a 4.63% decline for the year after slipping 7.2% in March, ac

  5. Agecroft Partners estimates 90% of hedge funds using social media[more]

    The use of social media has increased significantly within the hedge fund industry over the past couple of years. Social media is broadly used by investors as part of their due diligence process on hedge funds, by service providers in their sales efforts to hedge funds, and by hedge funds to enhance