Mon, Apr 24, 2017
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 46

Saturday, November 19, 2011

PIMCO launched the PIMCO GIS Credit Absolute Return Fund; GLG Partners launched a UK-domiciled Strategic Bond fund for star manager Christophe Akel; Altegris announced the launch of the Altegris Futures Evolution Strategy Fund (managed futures and managed fixed income); Swiss banking group SYZ & CO launched the OYSTER Global High Yield fund; North Tide Capital launched a long/short equity hedge fund offering focused on the healthcare sector; EJF Capital launched a new offering focused in Greater China; Gabelli Funds launched the GAMCO Merger Arbitrage (UCITS); Barings started the Baring India fund (UCITS); and Forward Management introduced the Forward Global Credit Long/Short Fund.

Britain-based Wessex Asset Management closed its three hedge funds after its net asset value had slumped about 27% so far this year.

Hedge funds assets saw a $90m in fresh inflows in October, stopping the steady outflows recorded in August and September; the European Fund and Asset Management Association (Efama) said all hedge fund asset classes recorded large outflows in September; Och-Ziff Capital Management Group will raise $250m in a public offering of its Class A shares to pay back debt; hedge fund assets at the industry’s ten biggest UCITS platforms grew by 120% over the past 12 months, climbing by more than $4.6bn; and Winton Capital’s UCITS-compliant version of its Diversified Trading Program increased by almost $1.3bn in the last 12 months.

In terms of performance, Nordic hedge funds have outperforming their counterparts, according to Dow Jones Credit Suisse Tremont; Brookfield Asset Management reported that its Q3 results more than doubled compared to last year during the same period; Steve Mandel’s Lone Pine hedge funds suffered losses in Q3; Moore Capital Management restructured its main emerging-ma......................

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. Opalesque Exclusive: Carden Capital bets on volatility[more]

    Bailey McCann, Opalesque New York for New Managers: Machine driven strategies are having a bit of a moment in the hedge fund world right now. Systematic funds have outperformed other strategies at a time when all ey

  2. Sprott AM to sell Canadian diversified fund business to management-led group[more]

    Komfie Manalo, Opalesque Asia: Toronto-based asset management company Sprott Asset Management LP (SAM) has entered into an agreement to sell its Canadian diversified fund business to a management-led group. Under the deal, the new group will have

  3. Investing - These hedge funds (and Madeleine Albright) are betting on a debt crisis, Hedge funds are upping their bets on the death of the traditional retailer, $20bn hedge fund recaps Corizon[more]

    These hedge funds (and Madeleine Albright) are betting on a debt crisis From Yahoo.com: There could be a big debt crisis brewing in places like China, India, Latin America and Africa -- and a growing number of investors are amassing war chests to cash in on the distress. Albright Capital

  4. Universities looking to defend endowments from Republican tax plan[more]

    From PIOnline.com: Some of the richest U.S. colleges are pushing back against scrutiny by Congress over the tax-exempt status of university endowments. Lobbying disclosure forms show almost two dozen schools such as Princeton University, University of Notre Dame and Cornell University are including

  5. Activist News - GAM touts 'tangible results' of turnaround as activist fight hots up, Bill Ackman not done with Herbalife, says his fight could get legs in May, Activist hedge fund CIAM says Euro Disney's buyout offer not fair for minority investors[more]

    GAM touts 'tangible results' of turnaround as activist fight hots up From FNLondon.com: GAM, the Swiss asset manager at the center of an attempted boardroom putsch by activist hedge fund RBR Capital, said its first-quarter results amounted to "tangible" proof that its management's plan f