Mon, Jan 26, 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 27

Saturday, July 09, 2011

There were several launches last week led by China Development Bank which announced impressive plans to launch a $10bn hedge fund targeting Asian SMEs. Other launches included announcements from: Ex-Rubicon manager Tim Attias who partnered with Catherine Cripps for Sata Partners (global macro), Generation Asset Management (multi-asset, multi manager emerging market), Merchant Capital Ltd (equity long/short UCITS). Nomura’s proprietary unit will launch the Nomura Cross Asset Strategies LLP.

We also learned of launches from EverTrend Asset (macro managed futures), JP Morgan Asset Management (global equity absolute alpha fund), Morgan Stanley (long/short strategy focused), and we found out that Ex-Clinton quant chief Ellen Wang will launch own hedge fund with Academy Investment.

Hedge fund Man Group’s assets jumped $71bn in Q2-2011 (a rise of about 2.8%). Morgan Sze’s Azentus Capital Management Ltd., increased assets to an impressive $1.9 billion+, and Dymon Asia Capital’s Dymon Asia Macro Fund’s assets have also exceeded $1bn. However, the assets of Charlemagne Capital have fallen by 5.5% YTD.

We also learned of strong asset growth in Dutch hedge funds, which have increased from €2.9bn to €13.3bn in the past two years.

BusinessInsider released the 10 worst performing hedge fund managers capped mainly by those focused on the financials and energy sectors. 2M Asian Absolute Return Fund defied the volatile markets in May with +0.86% returns (+0.31%YTD). LNG Europa Credit Fund maintained its position amongst the top performers in European credit with +8.36 YTD as of May.

Reporting in for June performance was the Barak Structured Trade Finance Fund was ......................

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. Commodities - Druckenmiller alums at PointState make $1 billion on oil, Andurand Capital sees oil sliding to $40[more]

    Druckenmiller alums at PointState make $1 billion on oil From Bloomberg.com: Hedge fund manager Zach Schreiber stood on stage at Avery Fisher Hall in New York eight months ago and made a bold prediction. “We believe crude oil is going lower -- much lower,” Schreiber, 42, told the audienc

  2. Investing - David Einhorn discloses a new position in Time Warner, Canyon trimming bets on mortgage bonds after making $7bn[more]

    David Einhorn discloses a new position in Time Warner From FTLeavenworthlamp.com: …Einhorn also disclosed a new position in Time Warner. "Since 2009, TWX has refocused its business into a collection of high quality assets including basic cable networks (Turner and CNN), a movie studio (

  3. Top performing private equity firms you should invest in[more]

    Komfie Manalo, Opalesque Asia: Professor Oliver Gottschalg of Paris-based HEC Business School, also known as Ecole des Hautes Etudes Commerciales de Paris has released his annual ranking of the top performing private equity firms. The 2014 HEC-DowJones Private Equity Performance Ranking

  4. Comment - Why invest in hedge funds if they don't outperform the market?[more]

    From Forbes.com: Hedge funds have always been a bit exotic and an enigma to some, but bottom line they are supposed to produce good returns using a range of strategies including global macro, event driven and relative value (arbitrage). And, sophisticated or high-net-worth individuals (HNWIs) could

  5. Owen Li 'truly sorry' for blowing up $100m of hedge fund’s assets[more]

    From CNBC.com: A hedge fund manager told clients he is "truly sorry" for losing virtually all their money. Owen Li, the founder of Canarsie Capital in New York, said Tuesday he had lost all but $200,000 of the firm's capital—down from the roughly $100 million it ran as of late March. "I take r