Wed, Oct 1, 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 47

Saturday, November 26, 2011

Principal Funds launched the Principal Global Multi-Strategy Fund that aims long-term capital appreciation; ex-SAC trader Ali Akay said his new fund Carrhae Capital would begin trading on December 1 and invest in emerging market equities; the fund of hedge fudns unit of Axa Investment Managers said it would open a new fixed income tail-risk fund; Barclays Plc said it would spin off its capital arbitrage team as a hedge fund on January 1; Tikehau Investment Management will launch a new corporate bond fund; former DKR Oasis Portfolio Manager Barun Agarwal set up Factorial Management Ltd in Hong Kong which will launch a pan-Asia multi-asset hedge fund in January; American Century Investments introduced three new alternative portfolios; and Pictet Asset Management unveiled the PTR Banyan fund, an Asia ex-Japan long/short strategy, to be managed by Nidhi Mahurkar.

Hedge funds redemptions jumped 3.44% in November as measured by the GlobeOp Forward Redemption Indicator, but the figure is expected to increase as year-end approaches.

Aladdin Capital Holdigs said it would manage $9.6bn in assets after restructuring its fund by selling some assets to a new company owned by Mitsubishi Corp. and Aladdin founder Aminkhan Aladin.

Kerryman Colm O'Shea saw the assets of his Comac Capital hedge fund soar to €5bn despite unprecedented market volatility; Winton Capital pulled in a fresh $7.3bn; a study by HFMWeek showed that hedge funds assets grew by 3% in the last six months; and Fauchier Partners saw inflows of more than half a billion dollars from pension funds in the last year.

LD Capital’s performance in Q3 showed a +2.73% gain after tailoring their exposures with varying market swings; Swiss Investment Managers’ ......................

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. Socially responsible investments grow in demand, but performance questions persist[more]

    Komfie Manalo, Opalesque Asia: A study by financial services firm TIAA-CREF showed that interest in socially responsible investing (SRI) is increasing rapidly, but investors are still asking if investing in an SRI strategy

  2. Regulatory - Ireland launches structure for passporting loan origination funds within EU[more]

    From Asiaasset.com: The Irish Funds Industry Association (IFIA) has introduced new loan origination capabilities that will offer Asian managers and investors a new structure under the European Union’s (EU’s) Alternative Investment Fund Managers Directive (AIFMD). The new structure will allow the mar

  3. Europe - Ed Miliband's war on hedge funds could damage City of London[more]

    From Telegraph.co.uk: Ed Miliband’s plans to wage war on hedge funds could be potentially more damaging to the City of London than even the financial transaction tax (FTT), senior banking sources warned on Tuesday night. The Leader of the Opposition took aim at a number of industries as part of his

  4. News Briefs - SEC probes Pimco ETF over pricing irregularities, BEPs: Action plan released and UK first to adopt country-by-country reporting[more]

    SEC probes Pimco ETF over pricing irregularities The Securities and Exchange Commission is investigating Pimco’s pricing of exchange traded funds, the latest cloud to hang over the world’s largest bond manager, which has been dogged by poor performance and management infighting. Pimco on

  5. CalPERS’ move might alter hedge fund fees for good[more]

    Benedicte Gravrand, Opalesque Geneva: When CalPERS, the California Public Employees’ Retirement System, announced on September 15th that it was unwinding its hedge-fund portfolio, it was seen by many as is a significant blow to the sector’s appeal. The Fund is