Tue, Oct 21, 2014
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 40

Saturday, October 08, 2011

Former Morgan Stanley MUFG strategist Alexander Kinmont is to launch a long/short hedge fund at Milestone Asset Management; Structured Portfolio Management started a new fund with $125m; BlueBay Asset Management will launch a range of funds to lend to European companies; Phoenix Investment Adviser incepted the JLP Institutional Credit Fund; ex-Gartmore manager Guillaume Rambourg may launch a new hedge fund in Paris called Verrazzano; Emergence, a new seeding vehicle aimed at increasing the number of fund managers based in France, is to launch with Eur100m ($135m) by 2012.

Morgan Stanley launched FX Gateway, a new multi-manager platform; Matrix introduced the fourth fund on its UCITS platform called the Cantab quantitative UCITS fund; Monsoon Capital opened one of the first alternative strategy UCITS IV funds around.

Former Legg Mason absolute return manager Dipankar Shewaram launched Goldbridge Capital Partners, a European asset management company with $100m (£64.3m) of seed capital; and a team of top traders at Moore Capital is to start a new hedge fund venture called Stone Milliner Asset Management.

AR Magazine claimed that American hedge funds’ assets had risen to $1.399tln so far this year; absolute return UCITS experienced a 150% upsurge in assets (to $115.7bn) YTD to June, said HFI (and according to Naisscent Capital, the number of hedge fund and alternative Ucits funds has reached 1,000+).

Man Group sustained its Standard & Poor's ratings despite an 8.5% decline in assets; GLG Ore Hill raised $200m for a large institutional client's credit mandate; ......................

To view our full article Click here

Banner

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: What's next for trend followers?[more]

    Bailey McCann, Opalesque New York: New research out from Ibbotson touches on a key debate happening among investors and fund managers, specifically whether long term trend followers can survive in the new

  2. Commodities - Oil wreaking havoc on small-cap energy stocks sliding 36%[more]

    From Bloomberg.com: Owning almost anything in the U.S. stock market has been a losing proposition since September. Owning smaller energy companies has been a catastrophe. Hercules Offshore Inc. and Resolute Energy Corp. are among 19 oil-and-gas equities in the Russell 2000 Index that lost more than

  3. Investing - Hedge funds favor equity long/short, Strategic bond managers hedge against further high yield sell-off[more]

    Hedge funds favor equity long/short From Securitieslendingtimes.com: Equity long/short strategies will generate good returns for hedge funds in the future, according to a panel at this year’s Risk Management Association Conference on Securities Lending in Naples, Florida. Panellists Sand

  4. Legal - Ex-hedge fund analyst weeps as judge hands down 5 year sentence, Former Columbus investment manager Steven P. Moore indicted on theft charges, SEBI confirms ban for Hong Kong hedge fund, SEC announces enforcement action against compliance officer[more]

    Ex-hedge fund analyst weeps as judge hands down 5 year sentence From Hereisthecity.com: An ex-hedge fund analyst was sentenced to 5 years in prison for his role in insider-trading scheme. The New York Post reports that former hedge fund analyst Matthew Teeple was sentenced Thursday to fiv

  5. Sparx optimistic about outlook for Japan[more]

    Benedicte Gravrand, Opalesque Geneva: According to SPARX, there are causes to be optimistic about the outlook for the Japanese market and the country's economy in general. Sparx Asset Management is a Tokyo-based asset manager, part of