Wed, Nov 25, 2015
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 33

Saturday, August 20, 2011

Asian hedge funds led the launch news last week as we learned multiple commodities trading advisors (CTA) and systematic trading hedge funds are in the pipeline in Asia. Schroder Investment Management is considering launching a global version of its Asian high-yield multi-asset fund. QS Investors LLC announced a plan to launch a $1bn Liquid Alpha Fund inflation hedge fund (UCITS). And former Butterfield Fulcrum CEO Akshaya Bhargava launched a managed account platform.

In assets: Despite the market turbulence, investors are largely standing by their hedge fund investments. BlackRock aims to double its allocation to hedge funds and private equity.

Hedge funds reported their 2Q performances led by New York-based Kerrisdale Partners LP, which was up +44.8% in 2Q (+150.8 YTD) shorting Chinese companies in the U.S. The 'Twitter' hedge fund Derwent Capital Markets proved social media can predict the markets as it returned 1.57% on its first month. Global macro hedge fund Callanish was up +1.5% YTD on capital protection through risk management. MQS Automated Multi-System CTA Program was up +2.26% in July (+12.01% YTD).

Crispin Odey’, the co-founder of Odey Asset Management said his flagship European fund fell 5.3% in July as investors became “scared of the unknown.” Tlaloc Capital gains +11.68% YTD, bet short on corn.

The RBC Hedge 250 Index returned +0.29%in July (+0.93%YTD); the Barclay Hedge Fund Index almost flat with -0.01% (+1.06% YTD); ......................

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 - BlackRock targets ETF investors with flexible currency hedging, Nelson Peltz bets on General Electric Company and Mondelez International, Apple plummets to 4th place among hedge holdings, from No. 1, Top Q3 equity purchases and sales of top 50 hedge funds[more]

    BlackRock targets ETF investors with flexible currency hedging From BlackRock Inc., the world’s largest asset manager, is changing course on exchange-traded funds that protect against currency volatility. After stressing the easy switch between hedged and unhedged ET

  2. Chicago-based Achievement A. M. is shutting down hedge fund following losses[more]

    Komfie Manalo, Opalesque Asia for New Managers: Achievement Asset Management, a Chicago-based hedge fund firm, has announced it is closing down its hedge fund operation following losses on energy market bets this ye

  3. Lyxor Hedge Fund Index up 0.1% (+0.4% YTD) as global macro and CTAs outperform[more]

    Komfie Manalo, Opalesque Asia for New Managers: Global macro and CTAs outperformed the hedge fund space and delivered positive returns last week amidst difficult market conditions, with the Lyxor Hedge Fund Index up

  4. BlackRock is shutting down its Global Ascent macro fund[more]

    Komfie Manalo, Opalesque Asia: BlackRock, the world’s largest asset manager, has announced plans to shut down a macro fund, Global Ascent Fund, because of "headwinds facing the industry". The hedge fund, which makes bets on stock, bond and currency markets, will return money to investors. Ac

  5. Opalesque Roundtable: Seeding deal terms can be onerous for hedge funds[more]

    Benedicte Gravrand, Opalesque Geneva for New Managers: Executives from fund of funds firms, family offices, a placement agent, a private equity firm, and an accounting firm gathered in Connecticut last month for the