Sat, Jul 23, 2016
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Alternative Market Briefing Weekly

Hedge funds kick off 2012 with average of 2% return – and other hedge fund news - Week 6

Saturday, February 11, 2012

In the week-ending February 10, 2012, it was reported that Sal Naro, former co-managing partner of Sailfish Capital, would launch a new hedge fund firm to be called Coherence Capital Partners; Michael Hintze’s CQS will start a new hedge fund that will trade in mortgage-backed securities; Barclays Capital will launch a global macro onshore fund called Research Analysis Driven Absolute Return in March; Finisterre Capital launched its first emerging market equity fund; Jaimin Rangwalla quit Coatue Management last week to start his own long/short fund before year-end.

Lazard A.M. launched a fund of hedge funds; and Dublin Hill Capital is gearing up for the launch of its flagship hedge fund Dublin Hill Global Macro Fund next quarter.

Thaddeus Capital Management shut down its $300m Asia event-driven hedge fund after losing around 8% last year. The hedge fund industry kicked off 2012 with positive returns as the HFRI Fund Weighted Composite Index gained +2.63% in January and the Hedge Fund Intelligence Global Composite Index returned +1.27% during the same period; the industry gains reflect a positive outlook for this year as the Greenwich Global Hedge Fund Index returned +2.31% and the Hennessee Hedge Fund Index gained +2.51%; the HFRX Global Hedge Fund Index gained +1.72%; the Dow Jones Credit Suisse Core Hedge Fund Index closed up 2.26%; the IndexIQ Hedge Global Macro Beta Index went up +2.96%; and the Bloomberg aggregate hedge fund index gained +0.2%

Phil Falcone’s Harbinger Capital lost 47% last year ......................

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: California-based manager launches long/short equity hedge fund with unique algorithm[more]

    Benedicte Gravrand, Opalesque London for New Managers: SJL Capital LLC, an investment advisory firm based in California, has launched its maiden fund, the SJL MarketDNA Hedge Fund LP. The fund, which began trading

  2. Manny Roman to move from Man to Pimco[more]

    Benedicte Gravrand, Opalesque London: Emmanuel (Manny) Roman, an investment world veteran, has been hired by PIMCO, the large US bond fund house, as chief executive officer. PIMCO's current CEO Douglas Hodge will assume a new role as managing director and senior advisor when Roman joins P

  3. Europe - European hedge funds shrink and shutter as turmoil hurts returns, Investors go bargain-hunting for U.K. property after Brexit vote, Brexit: Guidance for fund directors - what to know and what to ask[more]

    European hedge funds shrink and shutter as turmoil hurts returns From Bloomberg.com: Europe’s hedge-fund industry contracted for a sixth straight quarter as the U.K.’s decision to leave the European Union and concerns that China’s growth is slowing caused losses and forced some money man

  4. Platinum Partners starts liquidation of hedge funds following municipal union kickback scandal[more]

    Komfie Manalo, Opalesque Asia: Platinum Partners, the hedge fund in the middle of a New York City municipal union kickback investigation, is reported to be liquidating two of its funds, the New

  5. SWFs - Abu Dhabi wealth fund says long-term investment gains fell[more]

    From Bloomberg.com: The Abu Dhabi Investment Authority, one of the world’s biggest sovereign wealth funds, said its long-term gains dropped in 2015. The fund’s 20-year annual rate of return slowed to 6.5 percent at the end of 2015, from 7.4 percent a year earlier, it said in its annual review. Over