Wed, Sep 3, 2014
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Alternative Market Briefing Weekly

U.S. Federal Prosecutors Arrest Seven in Connection with Alleged Insider Trading Plot at Several Hedge Funds, and Other Hedge Fund News - week 3

Saturday, January 21, 2012

In the week-ending 20th January, 2012, it was reported that Hedge Fund Securities wants to raise $78m by March 2013 by offering hedge funds launched by Epic Partners Investment Co.; Merchant House Group launched the Merchant Astor Long/Short UCITS Fund that will run on its independent UCITS umbrella platform; and PROSPER Funds launched a long/short fund investing in US equities called PROSPER Stars & Stripes Fund.

Alexandre Andreani of Andreani & Associés entered into strategic partnership with a Swiss family office to launch a new quantitative managed account; Lazard launched a low volatility fund on the belief that lower volatility can make better returns; Renaissance Technologies, the $20bn investment firm founded by Jim Simons, started a new hedge fund, its first in five years; 361 Capital launched the a managed futures index with a counter-trend equity strategy; and AMT Futures added an IQ-C trading programme to the long standing The IQS Performance Fund.

Tell Investments shut down its fund after 15 years of trading; and Jupiter closed its Bermuda-based hedge operation after suffering a net outflow of £225m in the final three months 2011.

The RBC Hedge 250 Index was down 0.37% (est.) in December, -2.92% in 2011; The Dow Jones Credit Suisse Hedge Fund Index fell -0.22% (-2.52% in 2011); The Newedge CTA Index was up 0.46%, (-4.45% for 2011); The HFRX Absolute Return Index declined -0.13% (-3.72% in 2011); And the Morningstar MSCI Composite Hedge Fund Index went down 2.7% in 2011.

Research by Zenith Investment Partners showed that 'best in breed’ Australian market neutral hedge funds outperformed long only equities strategy last year; Lansdowne Partners em......................

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. Study shows what resonates with investors: 'Unwavering', 'passionate' beats 'committed', 'dedicated' and more surprises[more]

    Komfie Manalo, Opalesque Asia: A new study by Pershing, a unit of BNY Mellon company, showed that an effective value proposition strengthens audience connections and fosters growth, yet many advisors have had little objective guidance in formulating such statements until now. In the study

  2. Legal – GE Capital and Petters-related hedge fund in legal battle, SEC sanctions Donald Brownstein's hedge fund over conflicts of interest[more]

    GE Capital and Petters-related hedge fund in legal battle From Startribune.com: A billion-dollar legal battle is brewing in Florida over who knew what and when about the decade-long Ponzi scheme operated by former Wayzata businessman Tom Petters. The bankruptcy trustee for two failed Flo

  3. Managed futures' global diversification is important in next phase of economic recovery[more]

    Komfie Manalo, Opalesque Asia: The global diversification provided by managed futures may prove to be extremely valuable as the markets enter the next phase of the economic recovery, said Campbell & Company, a pioneer in absolute return invest

  4. Comment – Why you should avoid the hottest hedge fund hands, Swedroe attacks Hussman over risk management, relative value strategy[more]

    Why you should avoid the hottest hedge fund hands FromCNBC/Yahoo.com: Investors who don't have money with Pershing Square Capital Management are likely salivating at the hedge fund's industry-leading 26 percent return from January through July. But investing with Bill Ackman and other to

  5. Ex-UBS prop trader's hedge fund Manikay Partners eyes UK launch[more]

    From eFinancialnews.com: Manikay Partners, a $1.7 billion US multi-strategy hedge fund set up in 2008 by a proprietary trader from UBS with backing from Goldman Sachs, is planning to open in the UK. New York-based Manikay's move into Europe comes after Financial News revealed on Monday that Aurelius