Thu, Apr 17, 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. Opalesque Exclusive: European stock-picking fund up 19% YTD, bets on small caps’ high cash level[more]

    Benedicte Gravrand, Opalesque Geneva for New Managers: Here is a European long/short equity fund that has been beating the odds since its 2008 inception by employing its own investment model, frequent company visits

  2. CTAs could face new challenges in a rising rates environment[more]

    Bailey McCann, Opalesque New York: CTAs have taken a beating performance wise lately, and asset flows reports show that investors aren't sticking around to see how the movie ends. Now, a new white paper from Roy Niederhoffer and Coen Weddepohl notes that as interest rates start to tick back u

  3. Investing – Big hedge funds bought Puerto Rico's junk bonds, Fidelity explores new trading venue amid flash trade concerns, Crisis-era Greek bonds reward early buyers with big effective returns, Cargill unit discloses stake in Freddie preferred[more]

    Big hedge funds bought Puerto Rico's junk bonds From Reuters.com: Several large hedge funds doubled down on Puerto Rico in last month's giant bond sale despite the U.S. territory's financial struggles, the Wall Street Journal reported, citing confidential documents reviewed by the newspa

  4. Opalesque TV: First Trust Advisors launches liquid alternatives platform[more]

    Bailey McCann, Opalesque New York: First Trust Advisors is launching a new liquid alternatives platform aimed at building on the companies existing alternative ETFs offering by adding hedged mutual funds. Senior Portfolio Managers Rob Guttschow and John Gambla recently sat down in an

  5. Commodities – Popular value fund manager David Iben bets on Russia, gold,[more]

    From Reuters.com: With large bets on Russia and North American gold miners, one of the best performing stock pickers in the wake of the 2008 financial crisis is back with a new fund that reflects his deep aversion to following the crowd. In the Kopernik Global All-Cap Fund, David Iben is follo