Sun, May 29, 2016
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. Americas - Australian banks sending U.S. hedge funds broke, Ryan Puerto Rico ‘rescue’ bill could be windfall for hedge funds[more]

    Australian banks sending U.S. hedge funds broke From SMH.com.au: US hedge funds are not having the best of years. Profits are hard to find, they're underperforming and the punters are losing patience, withdrawing US$15 billion ($20.8 billion) in the March quarter. They're expected to wit

  2. Investing - Billionaire Wilbur Ross likes the look of Chinese bad loans, Hedge funds are still relevant in a diversified portfolio: 4 fundamental criteria for superior manager selection[more]

    Billionaire Wilbur Ross likes the look of Chinese bad loans From Bloomberg.com: U.S. billionaire Wilbur Ross said he’s considering investing in nonperforming loans in China, as Moody’s Investors Service said that the nation has the tools to prevent a financial crisis in the near term. I’

  3. Investing - Blackstone gives pricey Canadian energy and property thumbs down, One of the most concentrated hedge fund bets is getting crushed, Facebook is hedge funds' new tech darling,[more]

    Blackstone gives pricey Canadian energy and property thumbs down From Bloomberg.com: Canada’s energy assets are uneconomic and real-estate markets overvalued, making them less attractive for investment than in the U.S. and elsewhere, according to Tony James, president of Blackstone Group

  4. Study - Only 30% of institutional hedge fund portfolios beat the benchmark[more]

    Bailey McCann, Opalesque New York: A new study from CEM Benchmarking, an independent provider of cost and performance analysis for pension funds, shows that only 30 percent of institutional investors hedge fund portfolios beat the benchmark after fees. The study provides in depth analysis of real

  5. Opalesque Exclusive: $1bn hedge fund club grows to 668 managers, continues to dominate (Part One)[more]

    Komfie Manalo, Opalesque Asia: Despite an underwhelming 2015 and a slow start to 2016 in terms of performance, one group of managers that continues to dominate the assets of the hedge fund industry is the so called $1bn club – hedge fund managers with at least $1bn in assets under management (AU