Sun, Oct 22, 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 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. Regulatory - David Stockman: Trump tax reform overhaul is a pipe dream, stocks are heading for 40-70% plunge, Carried interest tax: How much does it matter?, Odey sees 'terrifying' mix in MiFID, tapering, asset values, Hedge funds come together to share cost of MiFID and research, SEC turns up the heat on U.S. investment advisers, India's Sebi asks hedge funds to report investments in commodity derivatives[more]

    David Stockman: Trump tax reform overhaul is a pipe dream, stocks are heading for 40-70% plunge From CNBC.com: David Stockman is warning about the Trump administration's tax overhaul plan, Federal Reserve policy, saying they could play into a severe stock market sell-off. Stockman, the R

  2. North America - Puerto Rico rejects loan offers, accusing hedge funds of trying to profit off hurricanes[more]

    From TheIintercept.com: Puerto Rico has rejected a bondholder group's offer to issue the territory additional debt as a response to the devastation of Hurricane Maria. Officials with Puerto Rico's Fiscal Agency and Financial Advisory Authority said the offer was "not viable" and would harm the islan

  3. Investing - WPP targeted by short-selling American hedge fund, Sun co-founder sells secretive hedge fund on big chip trade[more]

    WPP targeted by short-selling American hedge fund From Cityam.com: An American hedge fund has mounted a bet against WPP, the world's largest advertising group, with a trade worth almost £90m. Lone Pine Capital has built a short position worth 0.51 per cent of the FTSE 100 company,

  4. Hedge funds up as industry adjusts to rising rates[more]

    Komfie Manalo, Opalesque Asia: Hedge funds have reshuffled their portfolio after nearly four weeks of rising rates as the Lyxor Hedge Fund Index was up +0.2% from 19 September to 26 (+1.1% YTD), fuelled by strong results of global macro funds, Lyxor Ass

  5. Manager Profile - How the world's hedge fund king used 'idea meritocracy' to become a billionaire[more]

    From Forbes.com: In 1982, Ray Dalio made what he calls the biggest mistake of his life. He made a bet that there would be an economic collapse stemming from a debt crisis. And he was wrong. He lost money. He lost his client's money. He had to let people go from his firm and borrow money from his dad