Sat, Apr 18, 2015
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Alternative Market Briefing Weekly

Hedge fund assets down to $1.73tln on back of poor performance as managers buy dollars and short euros - and other hedge fund news, Week 52

Monday, January 02, 2012

Not surprisingly, there were few announcements of launches during the last week of the year. Eagle's View Capital Partners is planning to launch an offshore fund of funds on February 1; Peter Swartz, a former Galleon portfolio manager, is starting a new technology hedge fund for Fortress Investment Group; Stephen Diggle is to transfer his farm assets from his family office to Singapore-based Vulpes Investment Management and start a fund that will trade life-sciences companies; and AQR Capital is to launch three new hedge funds.

The hedge fund industry’s assets shrank by nearly $10bn last month to $1.73tln on the back of losses and withdrawals, said hedge fund tracker Eurekahedge. Research conducted by Lipper Research shows that fund investors took fright over the closing months of 2011, becoming net purchasers of fund assets for November but still investing $53.3bn into the conventional funds business.

The Emanagers Total Index went down 0.44% (est.) in November, -1.52% YTD; The 'Alternative Alternatives' investment funds index lost 0.50% (est.), -5.69% YTD; And the Bank of America Merrill Lynch Investable Hedge Fund Index was down 0.54% (est.) in December compared to -0.26% for the S&P 500.

Nobody is singing praises for this year’s hedge fund performance: Money invested in hedge funds since 2003 would have generated a return of 18% through November, according to data compiled by Hedge Fund Research, reported the WSJ. That puts it far behind the Standard & Poor’s 500-stock index, which has generated returns of 29% ov......................

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. Studies - Fund managers bullish on equities, alternative asset classes, Hedge funds starting to spurn emerging markets, Insurance companies take aggressive approach to hedge funds despite restricted exposure[more]

    Fund managers bullish on equities, alternative asset classes From Benefitnews.co: Asset allocation and risk continue to be the top issues for institutional investors in 2015 and, while nobody is sure what the economy will do in 2015, investment fund managers remain positive about investm

  2. Investing - New hedge fund strategy: Dispute the patent, short the stock, David Einhorn bets on AerCap as leasing company avoids turbulence, Top hedge funds reveal these best investing ideas, Hedge funds bet big on PetSmart price bump, Victory Park Capital increases investment in upstart to $500m[more]

    New hedge fund strategy: Dispute the patent, short the stock From WSJ.com: A well-known hedge-fund manager is taking a novel approach to making money: filing and publicizing patent challenges against pharmaceutical companies while also betting against their shares. Kyle Bass, head of Hay

  3. Tiger Global falls 2.9% in March, down 5.3% in Q1[more]

    From Reuters.com: Investment firm Tiger Global Management, one of the hedge fund industry's most closely watched players, told clients that its hedge fund lost 5.3 percent during the first quarter, an investor said on Wednesday. Much of the decline came in March when the fund lost 2.9 percent,

  4. It’s not just hedge funds—IMF study finds stability risks from ‘vanilla’ funds[more]

    From MarketWatch.com: Leveraged hedge funds and banklike money-market funds are the parts of the asset-management industry most associated with risks to financial stability. But a report from the International Monetary Fund suggests that “plain-vanilla” mutual funds and exchange-traded funds also ca

  5. Hedge funds gain 2.4% in Q1 driven by currency and commodity markets[more]

    Komfie Manalo, Opalesque Asia: Hedge funds posted positive results last March to conclude a strong first quarter, with performance driven by strong macro trends in currency and commodity markets, complemented by broad-based gains and positioning in event driven, equity hedge and fixed income-b

 

banner