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 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. 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