Tue, Jul 7, 2015
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Alternative Market Briefing Weekly

Hedge funds average returns of 3 to 4% YTD but underperform equity markets – and other hedge fund News - Week 10

Saturday, March 10, 2012

In the week-ending February 10, 2012, it was reported that JP Morgan’s head of proprietary trading Mike Stewart had left the firm to launch his own hedge fund to be called Whard Stewart; the Danish asset management firm Sparinvest said it would launch two emerging market value Ucits funds in May; former college wrestling champion Noel Thompson will launch his first hedge fund, the $50m Thompson Global Partners, on March 26; BNY Mellon launched the UCITS-compliant emerging market corporate bond fund to be run by its subsidiary, Insight Investment Management.

Former Huatai Asset Management CIO Yang Yang and veteran derivatives trader Yiming Liang have joined forces to launch a macro hedge fund Goldstream Absolute Return Fund; Oaktree Capital Management was reported to have raised $3.9bn to launch the distressed European asset fund, the European Principal Fund III; options-trading hedge fund manager Gargoyle Group has launched what it claims is the first market neutral fund that has a continually-monitored index options overlay; and former Mitsubishi Mitsubishi UFJ Morgan Stanley Securities credit trader Yoshihito Asakawa will start a Japan-focused hedge fund in May with about ¥500m in initial capital.

The HFRI Fund Weighted Composite Index gained +2.14% in February (+5% YTD); The Eurekahedge Hedge Fund Index went up +2.06% (4.30% YTD): The Hennessee Hedge Fund Index advanced +1.72% (+4.07% YTD); The Dow Jones Credit Suisse Core Hedge Fund Index closed up +1.31% (3.60% YTD); The Credit Suisse Liquid Alternative Beta (LAB) Index was up +1.71%; And the UCITS Alternative Index Global returned +0.87% (+2.25% YTD).

Chicago-based hedge fund manager AM Capital ......................

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: New systematic strategy managed alongside research firm outperforms S&P500[more]

    Benedicte Gravrand, Opalesque Geneva for New Managers: An emerging CTA manager explains how he runs his strategy, which is based on an index produced by a research firm. Peter Turk is head of

  2. Opalesque Exclusive: New systematic strategy embraces machine learning[more]

    Benedicte Gravrand, Opalesque Geneva for New Managers: The founder of a New York-based systematic trading firm, which offers a hybrid between alpha strategies and alternative feta at lower fees, describes his approa

  3. Larry Robbins' hedge fund Glenview buys 1m Tenet Healthcare shares[more]

    Komfie Manalo, Opalesque Asia: Glenview Capital Management said it bought an additional 979,482 shares at Tenet Healthcare Corp valued at $53.80 million, raising its stakes in the healthcare services company to 15.16%, reported

  4. Legal - Grayson’s hedge funds under scrutiny for possible ethics violations, Court rejects hedge fund’s motion to block merger of Samsung affiliates[more]

    Grayson’s hedge funds under scrutiny for possible ethics violations From Freebeacon.com: Rep. Alan Grayson is finding himself in hot water over managing hedge funds that bear his name, actions that are in possible violation of House ethics rules. Sitting members of Congress are prohibite

  5. Hedge funds decline in June as stocks tumble on Greek woes[more]

    From Bloomberg.com: Hedge funds posted losses across strategies last month as uncertainty over whether Greece will remain in the euro sent global stock markets tumbling. Winton Capital Management declined about 3.1 percent in June in its $12.1 billion Winton Futures Fund, leaving it down 1.9 percent

 

banner