Fri, Mar 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. Hedge fund liquidations in 2016 surpass 2009 levels, new launches decline[more]

    Benedicte Gravrand, Opalesque Geneva: Even as the hedge fund industry's total assets exceeded the $3tln milestone last year, hedge fund liquidations increased. So much so that 2016 had the highest number of liquidations since 2008, claims the latest HFR Market Microstructure Report, re

  2. Hedge funds find no joy in macro as returns lag Trump rally[more]

    From Gulfnews.com: In 2017, macro hedge funds were expected to shine. So far? Not so much. It's been a far from impressive first two months for funds that trade around macroeconomic events. Discretionary funds rose just 0.3 per cent through February, according to Hedge Fund Research Inc., while the

  3. Strategies - Billionaire investor Marc Lasry shares how he's playing markets right now, Classic models are failing FX hedge funds desperate for return[more]

    Billionaire investor Marc Lasry shares how he's playing markets right now From CNBC.com: Buy on the prospect of deregulation. Sell on the enactment of deregulation. That's the strategy that billionaire investor Marc Lasry is implementing, according to an interview with CNBC in Las Vegas

  4. Opalesque Exclusive: Aberdeen makes the case for the lower mid-market[more]

    Bailey McCann, Opalesque New York: Aberdeen Asset Management has released a new paper focused on lower mid-market private equity. According to the paper, this segment of the private equity market is gaining popularity with private equity investors that are looking for multiple expansion and less

  5. Hedge funds await outcome of French elections, feel pinch on lower oil prices & weak dollar[more]

    Komfie Manalo, Opalesque Asia: Hedge funds felt the pinch of lower oil prices and weak U.S. dollar as the Lyxor Hedge Fund Index was marginally down as of the week ending 14 March, Lyxor Asset Management said in its Weekly Briefing. The Lyxor He