Sat, Aug 23, 2014
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. Institutions – Texas Employees sets 2015 tactical plan for alternatives, CalPERS' real estate consultant cautions the pension fund's investment committee, Why Sunsuper likes hedge funds[more]

    Texas Employees sets 2015 tactical plan for alternatives From PIOnline.com: Texas Employees Retirement System will invest in up to four new hedge funds in the next fiscal year, which begins Sept. 1. Trustees approved 2015 tactical investment plans for the hedge fund, private equity and in

  2. Private equity follows hedge funds into reinsurance for long-term capital[more]

    From Artemis.bm: It’s not just hedge funds that are entering the insurance and reinsurance market in search of so-called long-term capital to put to work in their strategies, private equity firms targeting the space are also seeking opportunities to add assets under management. The entry of large pr

  3. North America – New York City’s next hot neighborhoods targeted with property funds[more]

    From Bloomberg.com: New York’s real estate world is filled with tales of ordinary people who bought property decades ago and saw values skyrocket to the millions. Seth Weissman is seeking investors to get in early on the next hot neighborhoods. The veteran of Goldman Sachs Group Inc. and hedge

  4. Investing – George Soros bets $2bn on stock market collapse, Warren Buffett's Berkshire reveals Charter stake, cuts DirecTV, Hedge funds lusting to cash out of MGM, Top hedge fund managers are buying Ally Financial, Hedge funds dumped 5m Herbalife shares in Q2, Paulson & Co hedge fund ups Puerto Rico real estate bet, Netflix Inc., Citigroup Inc, Google Inc are top new picks in Tiger Management’s 13F[more]

    George Soros bets $2bn on stock market collapse From Newsmax.com: Billionaire investor George Soros has increased his financial bet that U.S. stocks will collapse to more than $2 billion. The legendary hedge fund manager has been raising his negative bet on the Standard & Poor's 500 Inde

  5. Investors now net short S&P500 and increased Russell shorts, technicals suggest further selling[more]

    Komfie Manalo, Opalesque Asia: Market Neutral funds increased their market exposure to -1% net short from -6% net short last week, according to Bank of America Merrill Lynch’s Hedge Fund Monitor. The report also added