Tue, Jul 28, 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 16

Saturday, April 23, 2011

Benedicte Gravrand, Opalesque Geneva:

Secquaero Advisors is bringing the esoteric alternative world of insurance-linked securities to the mainstream with the planned May launch of a Ucits III version of their fund; meanwhile, Stark Investments is launching a subprime-mortgage hedge fund; F&C Thames River an emerging markets absolute return fund in June; and Ex-Goldman Sachs banker Hideki Furusho a hedge fund that analyzes Japanese blog traffic.

JAI Capital Management, a global opportunistic L/S hedge fund manager started by veterans of Soros Fund Management and Credit Suisse, closed down nearly two years after it was formed, HFMWeek reported.

The RBC Hedge 250 Index returned -0.32% (est.) in March, +1.65% YTD; The Dow Jones Credit Suisse Hedge Fund Index confirmed it was up 0.12%, +2.21% YTD; The Barclay Hedge Fund Index was up +0.35%, +1.95% YTD (and the Emerging Markets Index jumped +2.30%); The Barclay CTA Index lost 0.91%, -0.39% YTD, as world events created turmoil in futures markets; The Edhec-risk hedge fund strategy indices found that emerging markets funds were the winners with a 1.78% return; And the Scotia Capital Canadian Hedge Fund Performance Index finished March down 0.70% on equal weighted basis, +0.83% YTD.

PerTrac’s annual study found that new single manager hedge fund launches were up 51% in 2010 with AuM up 11% from the previous year; data provider HFR announced that the hedge fund industry had just surpassed the $2 trillion milestone for the first time in history; and data provider Preqin reported that more fund of fund firms had less than $250m in assets, a shift from 28% of the database to 35% in 2010.

GLG Partners is to close its market neutra......................

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. Bridgewater turns bearish on China[more]

    Komfie Manalo, Opalesque Asia: The world’s biggest hedge fund Bridgewater Associates and one of the most vocal of China’s potential is now turning its back against the world’s second largest economy as it joins a growing list of high-profile investors who are challenging China’s potentials.

  2. Launches - Ex-Brevan Howard star Rokos builds team for new fund, Former Och-Ziff manager’s firm starts health care hedge fund, Industry veterans launch commodity investment firm Aron Capital Management, Nikko Asset Management launches two UCITS funds, Capital Group plans to debut Asian investor targeted fund[more]

    Ex-Brevan Howard star Rokos builds team for new fund From WSJ.com: Chris Rokos, a former star trader at Brevan Howard Asset Management LLP, has hired an economist from Nomura to join the team he’s assembling for his much anticipated hedge fund launch. Mr. Rokos, whose firm is due to b

  3. Institutions - Pension fund dismisses Texas consultant, Rhode Island pension fund gets 2.2% investment return, far below assumed rate of 7.5%, New Jersey pension investments see a drop-off in returns[more]

    Pension fund dismisses Texas consultant From Sandiegouniontribute.com: The county retirement board on Thursday terminated the Texas consultant who was given the reins of the $10 billion pension fund, and whose investment picks left many employees and retirees feeling taken for a ride.

  4. SWFs - Sovereign wealth funds paid around $14 billion in fees[more]

    From SWFinstitute.org: When it comes to the financial sector, asset management is one of the most profitable industries in the world. The Boston Consulting Group put out a 2014 figure saying there is US$ 74 trillion worth of professionally-managed assets. One of the fastest growing institutional inv

  5. Investing - Carlyle teams with TCW in push for ordinary investors[more]

    From Bloomberg.com: Carlyle Group LP isn’t backing down from its goal of offering alternative strategies to the masses, despite early setbacks. The Washington-based firm is teaming up with TCW Group, which is majority owned by Carlyle funds, to offer three vehicles that give ordinary investors acces

 

banner