Tue, Aug 22, 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 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. Opalesque Exclusive: Albright Capital puts a value lens on emerging markets[more]

    Bailey McCann, Opalesque New York: Over the past decade, investors have steadily increased investments in emerging markets private funds. Allocations to the cohort have increased from $93 billion in December 2006 to $564 billion in September 2016, according to data from research firm Preqin. Howe

  2. Comment: "Long-Term Investing": What managing drawdown risk can do to your long-term returns[more]

    Matthias Knab, Opalesque: Real Investment Advice writes on Harvest Exchange: Last week, I was having lunch with a prospective portfolio management client discussing the curre

  3. Jasper Capital International joins Hedge Fund Standards Board[more]

    Komfie Manalo, Opalesque Asia: Diversified and systematic investment firm Jasper Capital International has become the second China-based signatory to the Hedge Fund Standards Board (HFSB), an organization that brings hedge fund managers and investors together to set standards for the hedge fund i

  4. Investing - Hedge-fund honchos including David Tepper are loading up on Alibaba, Billionaire hedge fund manager Stanley Druckenmiller is betting big on the Chinese consumer, Big-name U.S. hedge funds shed healthcare stocks during the rally in second-quarter, U.S. hedge funds bearish on FAANG stocks in second-quarter, Hedge fund titan Viking Global made a $680 million bet on scandal-plagued Wells Fargo[more]

    Hedge-fund honchos including David Tepper are loading up on Alibaba From CNBC.com: David Tepper's Appaloosa Management and three other he ge funds took new stakes in Chinese e-commerce giant Alibaba in the second quarter, according to the latest quarterly filings. Appaloosa disclos

  5. FinTech - Danger: Crowdfunding on the wrong platform could force you to go public[more]

    From LinkedIn.com: Some equity crowdfunding platforms are putting startups at serious risk. Working with a platform that doesn't structure your deal appropriately could jeopardize your ability to raise future capital or worse, force you to become a public reporting company. The emergence of eq