Tue, Mar 31, 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 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. Other Voices: Does the hedge fund industry benefit society?[more]

    This article was authored by Don Steinbrugge, Chairman of Agecroft Partners, a US-based global consulting and third party marketing firm for hedge funds. It is no secret that the hedge fund industry is viewed negatively by a la

  2. Private credit comes into focus for investors[more]

    Bailey McCann, Opalesque New York: As investors look for a way out of the low yield/no yield environment, private credit is becoming an increasingly attractive asset class, according to a white paper from Bayshore Capital Advisors. Private credit has grown steadily since the financial crisis as

  3. M&A - Hedge funds no longer attractive targets for banks, reinsurers, Blackstone buys stake in Christopher Pucillo’s Solus event-driven hedge fund[more]

    Hedge funds no longer attractive targets for banks, reinsurers From Institutionalinvestor.com: Swiss RE, the world’s second-largest reinsurer, is looking to sell its 15 percent stake in Jersey, Channel Islands–based hedge fund firm Brevan Howard Asset Management. Morgan Stanley reported

  4. Opalesque Radio: Threadneedle expects continuing equity volatility this year[more]

    Benedicte Gravrand, Opalesque Geneva: Investors should expect more volatility, which is signaling a "slow moving" top to the market, KKM Financial’s founder and CEO Jeff Kilburg told CNBC on Monday. And this volatility is going

  5. Hedge funds show strong performance of 2.52% so far in 2015[more]

    Komfie Manalo, Opalesque Asia: The hedge fund industry got off to a strong start in 2015 "completely unmindful" of the poor performance last year, according to data provider Preqin. According to Preqin, following a year which saw the average he

 

banner