Thu, May 25, 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 19

Saturday, May 14, 2011

Last week we learned that pension fund manager APG will launch a second hedge fund seeder vehicle, that AllianceBernstein has launched the European Flexible Equity Fund (l/s, UCITS), and that Natixis Global launched the Natixis Euro High Income Fund. Barak Fund Management has announced the launch of its new derivatives fund, and DUNN Capital a UCITS III fund that will be available on the MontLake Platform.

AQR has launched a managed futures fund, Chelsea Clinton’s husband Marc Mezvinsky will open a hedge fund, and the UK FSA has approved the infamous Twitter hedge fund. Tiger Cub said he would close three Millgate funds, and Brevan Howard Asset Management is said to be considering shutting down a $600m equities strategy after the manager, Fabrizio Gallo, resigned.

We learned that Mulvaney Capital’s Global Markets Fund notched performance of +6.07% in April (+13.36% YTD), and just reporting for March was the Nordic Absolute Return Fund, which was +4.24% (+2.32% YTD).

Hedge fund assets posted inflows of $15.7bn in March (according to BarclayHedge and TrimTabs Investment Research). It was also reported that inflows continued in April (Hedgefund.net), and Bridgewater was named the largest hedge fund at $58.9bn aum. However, all is not so rosy across the board. A new study by Kinetic Partners showed that investors are increasing redemption pressures on distressed hedge funds.

Tom Russo’s Semper Vic Partners hedge fund has increased assets to $126.7m, and Blue Rice Investment Management has entered a strategic partnership with NewAlpha Asset Management in an effort to raise additional assets. Axonic Capital is opening its fund to outside investors and Vector Commodity Management is closing to investors after hitting $600m. Investors continue to pull out money from RAB Capital, and it is expected that the fund will de-list, and Sparx Group Co., suffered full-year loss of 3.7bn yen ($46 million).

The A SQUARE ......................

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. Opalesque Exclusive: Time to invest in robotics? (part 1)[more]

    Benedicte Gravrand, Opalesque Geneva for New Managers: The London-based, Swiss-born manager of the RoboCap UCITS Fund, talks to Opalesque about investing

  2. Investing - Hedge funds have been selling big winners this year, Hedge funds are betting $1 billion that Snapchat shares are going to drop, Here are the biggest bets made by top hedge funds in the first quarter[more]

    Hedge funds have been selling big winners this year From CNBC.com: Hedge fund managers' most popular stock to start the year has been a familiar name that is falling short in terms of performance, while the least popular companies all have been crushing the market. Procter & Gamble

  3. Investing - Third Point's Loeb surfs on as hedge fund washout continues, George Soros has added to his losing bets against the stock market, Hedge funds, VCs and the CIA are throwing money at ex-Bridgewater data scientists' startup, Hedge funds shed retail amid fears of "apocalypse"[more]

    Third Point's Loeb surfs on as hedge fund washout continues From Reuters/Nasdaq.com: Billionaire investor Daniel Loeb said on Thursday that he is still making money even as the hedge fund industry struggles. Loeb, who oversees the $16 billion hedge fund firm Third Point LLC, sa

  4. Investing - Tudor Jones backs AI hedge funds, Massive hedge fund trades highlight insider buying: GE, Pentair, Tempur Sealy, Apollo Global and more, Hedge funds big wigs are buying consumer and selling tech, here's the stocks[more]

    Tudor Jones backs AI hedge funds From FT.com: Hedge fund magnate Paul Tudor Jones has invested in a brace of artificial-intelligence powered "quantitative" hedge funds, underscoring the increasing acceptance that the industry will need to turn more to technology and away from traditional

  5. Soon hedge fund investors won't bet on a man, they will bet on a machine[more]

    From Forexlive.com: The Wall Street Journal is in the midst of a 17-part series that looks at the rise of quant funds. The AUM and money invested in quant funds still trails traditional asset managers but the gap is closing. What's truly amazing is volume. Quant funds make up 27% of trading vo