Sat, Oct 25, 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 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

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. 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

  2. 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

  3. 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

  4. Goldman in talks to acquire IndexIQ[more]

    From Bloomberg.com: Can Goldman Sachs put ETF investors on a liquid diet? Goldman is in talks to acquire IndexIQ, Reuters has reported. Index IQ is a small exchange-traded-fund firm known mostly for products that replicate hedge fund strategies, called "liquid alternative" ETFs. While IndexIQ has 11

  5. Other Voices: CALPERS dilemma should be a warning to hedge funds wanting institutional investors[more]

    From Ian Hamilton, founder of IDS Group. A quick comment on the CALPERS’ disinvestment from the hedge fund market and the jitters it is causing. Pension Funds should not be sheep and follow CALPERS’ decision as the issues that CALPERS has with hedge fund investments are in many ways unique t