Wed, Jul 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. Events – AIMA Australian Hedge Fund Forum, Sept. 16, Sydney[more]

    AIMA Australia invite you to join us at our annual Hedge Fund Forum on Tuesday 16th September 2014 at the Sofitel Sydney Wentworth. The AIMA Australian Hedge Fund Forum is a non-profit hedge fund conference organised by the industry for the industry, featuring quality Australian and internation

  2. Opalesque Exclusive: Loeb, Grantham cite growing economic concerns in letters[more]

    Bailey McCann, Opalesque New York: Hedge fund manager Daniel Loeb, head of Third Point, and Jeremy Grantham of Grantham, Mayo, Van Otterloo & Co. have both released their quarterly investor letters today. While news is positive on some fronts, and both men see pockets of opportunity, they also h

  3. Investing – Hedge funds expect Netflix earnings to catapult forward, Third Point's Loeb takes stakes in Fibra Uno, YPF, Royal DSM, Lake Capital in talks to back Engine Group[more]

    Hedge funds expect Netflix earnings to catapult forward From Investing.com: Netflix has made major strides forward in 2014 despite ongoing battles with the FCC and cable companies over the issue of net neutrality. The FCC has now received over 500,000 comments from the public on its pend

  4. Opalesque Roundtable: European family offices struggle to retain their investments in offshore hedge funds[more]

    Komfie Manalo, Opalesque Asia: The European Union’s Alternative Investment Fund Managers Directive (AIFMD) will constrain investment opportunities amidst concern a number of U.S. fund managers will stop marketing their products in the European Union under the new rule, said Valentin Bohländer fro

  5. Opalesque Roundtable: Success in hedge fund marketing not linked to performance, but investor appetite[more]

    Komfie Manalo, Opalesque Asia: Success in marketing a fund is not linked to the performance, but to investor appetite, to the way you can market the fund, and to how much time you can spend to raise assets, said Antoine Rolland, the CEO of incubator and seeding firm