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 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. 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