Sat, Apr 25, 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 51

Friday, December 23, 2011

Philippe Gougenheim, Managing Director at Unigestion in Switzerland left the company to launch his own global macro hedge fund in the next few months; in an interview with Opalesque, Systemic Alpha Management explained the approach of its first multi-strategy CTA fund to be launched next month; Swiss banking Group SYZ launched the fund OYSTER Multi-Manager Tail & Trading, a new sub-fund of its Luxembourg Part II SICAV 3A Alternative Funds; Forefront Dynamic Strategies Group has started a new hedge fund with $750,000; Castilium Capital is preparing to launch a systematic long/short equity strategy in February; FrontPoint Partners' Stephen Czech announced his departure from the firm's remaining hedge fund business, to launch his own venture, Czech Asset Management LP next month; and South Korea's financial regulator approved of the country's first 12 homegrown hedge funds.

On Friday, Spain's BBVA announced the closure of BBVA Codespa Microfinanzas, the country's first hedge fund, launched in 2006.

The Lyster Watson Credit Fixed Income Index was up 0.10% in November (+2.57% YTD); Managed futures held ground as the Barclay CTA Index returned 0.11% (-3.09%); The Scotia Capital Canadian Hedge Fund Index finished the month up 0.27% (-2.09% YTD); Among all EDHEC hedge fund strategy indices, Short Selling was the best performer with +1.32%; The Dow Jones Credit Suisse Hedge Fund Index lost 0.79% (-2.31% YTD); The Parker FX Index was down 0.03% (-3.10% YTD); and the Morningstar MSCI Composite Hedge Fund Index slid 0.1% (-2.9% YTD). The HFRX Global Hedge Fund Index declined by 0.59% in the first half of December (around -9% YTD).

GlobeOp’s Forward Redemption Indica......................

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. U.S. does not want hedge funds to invest in offshore re-insurers for tax purposes[more]

    Komfie Manalo, Opalesque Asia: The U.S. Treasury Department on Thursday introduced a new rule aimed at limiting hedge funds’ ability to reduce their tax bills by investing in insurance companies in offshore tax havens. As a general rule, the U.S. tax laws does not allow hedge funds to use off

  2. Ruling: Hedge funds suing Argentina can have access to bond offering[more]

    Komfie Manalo, Opalesque Asia: U.S. District Judge Thomas Griesa in Manhattan ruled yesterday that hedge funds are entitled to details of a recent bond offering by Buenos Aires, reports

  3. Hedge funds looking to continue their rally in Q2[more]

    Komfie Manalo, Opalesque Asia: Hedge funds finished the first quarter on a strong note and are looking to continue the rally in the second quarter, said Lyxor Asset Management in its Weekly Brief. The Lyxor Hedge Fund Index is up 0.4% over the week

  4. Hedge funds down -0.17% in March (+1.23%YTD)[more]

    Bailey McCann, Opalesque New York: The hedge fund industry produced an aggregate return of –0.17% in March to end Q1 2015 up 1.23%, compared to the S&P 500 which increased 0.96%, according to the latest data from eVestment. Hedge fund performance returns were mixed in March amid increased equity

  5. Fund managers express concern of overvaluation in both equity and bond markets[more]

    Komfie Manalo, Opalesque Asia: According to the BofA Merrill Lynch Fund Manager Survey, investors see growing overvaluations in both

 

banner