Sun, Apr 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 44

Saturday, November 05, 2011

Martin Coward, the former co-founder of Ikos, is preparing to launch his own systematic hedge fund; Highland Funds Asset Management launched the Trend Strategies Fund (long/short); Select Equity Group is launching the Equity Long/Short Ucits Sub-Fund; Point Capital Partners is a preparing a 1st Jan. launch of a maiden hedge fund called Point Capital Aligned Wealth Fund Advisors; well-known forex specialist Stephen Jen is starting his own hedge fund called SLJ Macro Partners, in London, that will begin trading with $220m; ex-Aegon Capital growth manager Glenn Paradis is launching the Clairwood Capital Management Opportunities Fund (multi-strategy) in early 2012; Turner Investments are rolling out two funds into Europe, one long/short and one multimanager strategy in Ucits form; ex-Credit Suisse oil trader Kieran McKenna started his own energy hedge fund called The Mastic Commodity Fund; and Altegris Advisors launched the Futures Evolution Strategy Fund (managed futures combined with active fixed income). Tom Wilcox, former CIO of the defunct 'Tiger cub' Shumway Capital Partners, is gearing up to start a family office called Cider Mill Investments in Connecticut, reported HFMWeek.

Oscar Schafer is to close down his hedge fund O.S.S. Capital Management in the next six months as he has been struggling to recoup losses from 2008, said WSJ, which also reported that Standard Life Investments plans to shut down the FoFs boutique Aida Capital it acquired last year, after struggling to grow assets.

The Emanagers Total Index, currently consisting of 198 hedge funds and 94 managed futures funds, lost 1.91% in September (+0.37% YTD); The Opalesque A SQUARE Index lost 2.49% in September (-5.31% YTD); The Credit Suisse Liquid Altern......................

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. U.S. does not want hedge funds to invest in offshore re-insurers for tax purposes[more]

    Komfie Manalo, Opalesque Asia: The U.S. Treasury Department on Thursday introduced a new rule aimed at limiting hedge funds’ ability to reduce their tax bills by investing in insurance companies in offshore tax havens. As a general rule, the U.S. tax laws does not allow hedge funds to use off

  2. Ruling: Hedge funds suing Argentina can have access to bond offering details[more]

    Komfie Manalo, Opalesque Asia: U.S. District Judge Thomas Griesa in Manhattan ruled yesterday that hedge funds are entitled to details of a recent bond offering by Buenos Aires, reports

  3. Fund managers express concern of overvaluation in both equity and bond markets[more]

    Komfie Manalo, Opalesque Asia: According to the BofA Merrill Lynch Fund Manager Survey, investors see growing overvaluations in both

  4. Update: Wall Street has strong feelings about Jon Corzine trying to make a comeback[more]

    From Businessinsider.com.au: Former New Jersey Governor Jon Corzine is thinking about starting his own hedge fund, according to the Wall Street Journal, and because of the way his last firm imploded, Wall Street has strong feelings about that. “Truth is the larger seeders would never give him money

  5. Opalesque Exclusive: Cybersecurity and hedge funds - A manager’s experience, Part Four[more]

    Benedicte Gravrand, Opalesque Geneva: Ruane, Cunniff and Goldfarb, Inc. used to have their own IT infrastructure. Todd Ruoff, Executive Vice President in charge of trading, operations and technology, was responsible for its maintenance. Then he started looking at outsourced providers a couple of

 

banner