Sun, Nov 29, 2015
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Alternative Market Briefing Weekly

Many Call to Eliminate Capital Gains Taxes in the U.S., Holders of Greek Debt Try to Avoid Total Loss - and Other Hedge Fund News, Week 4

Sunday, January 29, 2012

In the week-ending 27th January, 2012, it was reported that several high profile hedge fund managers are rushing to launch their own funds this year; that distressed debt investor Avenue Capital had raised $2bn for the launch of its second Europe-focused fund; advisory and FoHFs manager Hermes BPK Partners launched a $275m managed futures fund called Alpha Vault; Eric Sprott is to roll out mutual and hedge funds that invest in core Canadian stocks; UK-based emerging markets equity hedge fund Javelin Capital launched a UCITS version of its fund via a SICAV platform; Betsy Battle's Lone Peak Partners Management launched a $100m hedge fund; Philippe Gougenheim wants to raise more than $50m for the launch of the Glasnost hedge fund; and Davie Tepper is backing his former protégé Jeff Lignelli for the launch of his own fund, Incline Global.

Activist hedge fund MMI Investment is winding down after liquidating its portfolio.

The Barclay CTA Index was up +0.14% in December, (down -3.05% in 2011); The EDHEC Convertible Arbitrage was up +0.29% (-0.7% in 2011); The Emanagers Total Index was up +0.12% (-1.83% in 2011), emerging managers outperformed again In 2011; The Scotia Capital Canadian Hedge Fund Performance Index ended 2011 down -3.8%; The Dow Jones Credit Suisse Hedge Fund Index finished Q4 +0.71% (-2.52% in 2011). And the HFRX Global Hedge Fund Index gained 1.18% so far in January;

More than two-thirds of hedge funds are below their high-water marks, said Credit Suisse; a new quantitative research by Opalesque showed that emerging managers in hedge funds regularly break with conventional wisdom about performance; the Abaco Financials market neutral f......................

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. Other Voices: Hedge fund marketing and the selling cycle[more]

    By Bruce Frumerman. How long is the selling cycle now? That’s a question my financial communications and sales marketing consulting firm has been asked on a regular basis by hedge fund firm owners and sales people, ever since we opened the doors to our firm in 1987 pre-crash. Wa

  2. People - Solus Alternative Asset Management adds chief strategist from BTIG[more]

    From Daniel Greenhaus joined hedge fund manager Solus Alternative Asset Management as managing director and chief strategist. He will work closely with Chris Bondy, Solus’ chief economist, managing director and executive vice president, said Chris Pucillo, CEO and chief investmen

  3. Opalesque Roundtable: Seeding deal terms can be onerous for hedge funds[more]

    Benedicte Gravrand, Opalesque Geneva for New Managers: Executives from fund of funds firms, family offices, a placement agent, a private equity firm, and an accounting firm gathered in Connecticut last month for the

  4. Opalesque Roundtable: Family offices flock to co-investment[more]

    Bailey McCann, Opalesque New York: Co-investments have been a hot topic for pension funds in recent years, as they try to move away from high fees and improve transparency. But now, family offices are more readily getting into the mix and establishing in-house deal teams, according to the delega

  5. More institutional investors invest in CTAs compared to last year despite dissatisfaction with performance[more]

    Benedicte Gravrand, Opalesque Geneva: "Despite a strong start to 2015 for CTAs in Q1, commodity market conditions have made return generation difficult for fund managers over much of the rest of the year to date," says Preqin’s November