Tue, Sep 1, 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 26

Saturday, July 02, 2011

There were several launches reported last week led by the announcements that Northlight Financial LLC has introduced a $100m middle market loan hedge fund (distressed market), and that US bond giant Pimco launched the GIS Diversified Income Duration Hedged fund (floating and variable rate bonds). We also learned of launches from Knight Vinke (long/short global), Skyline Capital Management (UCITS global long/short equities), DE Shaw (energy fund), DBS AM (Japan Recovery and Asia asset allocator), and Citic Securities International Fund Management (Forex). We also heard that JPMorgan Asset Management has launched its Japan Market Neutral fund (market neutral). GSA Capital Partners launched the GSA Quantitative Futures Fund (managed futures), and the Lee Robinson of Trafalgar Asset Management has infuriated investor Goldman Sachs by raising money for a fund. Capstone Holdings Group LLC is closing its broker-dealer business, Capstone Global Markets LLC, to focus on its hedge fund.

In performance, the market volatility in May generated alpha for Global Sigma Plus. The EF Speculative Index and Commodity Program was up +2.07% in May (+10.19% YTD), and 'Alternative Alternatives' investment funds lost -1.92% in May, (+0.36% YTD).

The Parker Index was down -2.07% in May (-1.18% YTD).

Hedge fund managers were active the past week as it was reported many were selling their gross exposures to equities. Fund managers have broadened their opportunities in liability-driven investment strategies. BlackRock Financial Management, Inc., revealed its best p......................

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. Investing - Hedge funds suddenly find real money is back in Argentina's debt, Elon Musk buys more SolarCity stock following hedge fund manager short, BlackRock plans to get into rental-home financing[more]

    Hedge funds suddenly find real money is back in Argentina's debt From Bloomberg.com: The real money is back in Argentina. Before the country’s default in July 2014 (its second in 13 years), most long-term investors abandoned its bond market. As they rushed out, Argentina became a favorit

  2. Activist News - Carl Icahn has snapped up a huge stake in Freeport-McMoRan, and the stock is ripping, Meet Europe's best activist investor[more]

    Carl Icahn has snapped up a huge stake in Freeport-McMoRan, and the stock is ripping From Businessinsider.com: Carl Icahn has picked his next target: Freeport-McMoRan. Icahn and a group of other investors have snapped up an 8.46% stake in mining company Freeport-McMoRan, according to a j

  3. North America - Hedge fund manager Ray Dalio’s challenge to the Fed[more]

    From Newyorker.com: For some reason, Janet Yellen, the chair of the Federal Reserve, decided to skip this year’s annual Fed conference in Jackson Hole, where monetary policymakers from the United States and abroad get together with some prominent academics to discuss the big issues of the moment. Th

  4. Opalesque Exclusive: Credit-focused hedge fund Numen Capital expects more volatility in Europe in coming months[more]

    Benedicte Gravrand, Opalesque Geneva: A London-based hedge fund, which has just hired two emerging managers, is cautious on Europe. Vassilis Paschopoulos and former Lehman’s colleague Nikos Kargadouris, launched a London-based credit-focused hedge fund called

  5. Performance - Hedge funds bruised by stocks’ meltdown, Capstone’s volatility hedge fund is having a monster month thanks to market mayhem[more]

    Hedge funds bruised by stocks’ meltdown From WSJ.com: Hedge-fund managers like to promise their investors protection from market swings. In the recent stock swoon, many were caught off guard. Billionaire managers such as Leon Cooperman, Raymond Dalio and Daniel Loeb are deeply in the red

 

banner