Mon, Apr 21, 2014
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Alternative Market Briefing Weekly

Hedge fund launches at highest levels since 2007 while indexes and inflows surprise in 2012, and other hedge fund news - Week 11

Saturday, March 17, 2012

In the week-ending March 16, 2012, it was reported that hedge fund launches accelerated last year to the highest level since 2007 as investors and managers positioned for 2012, said Hedge Fund Research; Hong Kong-based Value Partners said it would launch a UCITS version of its €1.3 billion Cayman-domiciled Classic fund; industry analysts have welcomed Cazenove Capital’s plan to launch a European income fund for its head of pan-European equities; John Paulson partner Robert Lacoursiere is reported to be leaving the hedge fund firm to start his own equity hedge fund; Eli Casdin’s Casdin Capital has launched its first hedge fund offering, a long/short equity strategy focused on the healthcare sector; Man Group started its first long-only commodities hedge fund; former Highbridge Asia Head Carl Huttenlocher has raised $900mfor his own hedge fund, Myriad Opportunities Master Fund; former executives at Lone Pine and Goldman Sachs are ready for the launch of their $1bn Hong Kong hedge fund in July that will start trading in July; and Swedish fund of hedge funds specialist Optimized Portfolio Management (OPM) has launched its first single strategy UCITS fund.

The HFI Global Composite Index up +1.55% in February (+3.21% YTD); the Greenwich Global Hedge Fund Index gains +2.18% (+4.7% YTD), lead by long/short equity funds; the B of A Merrill Lynch: global diversified hedge fund index average up +1.53% (+3.80% YTD); the Newedge CTA index up +0.87% (+1.45% YTD); the HFRX Absolute Return Index up +0.47% (+1.03% YTD); the Dow Jones Credit Suisse Hedge Fund index finished up +1.61% (+3.98% YTD); the RBC Hedge 250 Index returns +1.25% in February, (+2.96% YTD); and the UCITS Alternative Index Blue Chip index is up +3.1% since start of 2012.

Pangolin Investment Management’s Pangolin Asia Fund’s Class A shares po......................

To view our full article Click here

Banner
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: Classic Auto Funds Limited (CAF) launches several car investing funds[more]

    Bailey McCann, Opalesque New York: A new trend in alternative alternatives is emerging - car appreciation funds. Classic Auto Funds Limited (CAF) is the first to market with several funds that make super elite luxury cars into real asset investments. As a result of growing overseas demand couple

  2. Investing – Big hedge funds bought Puerto Rico's junk bonds, Fidelity explores new trading venue amid flash trade concerns, Crisis-era Greek bonds reward early buyers with big effective returns, Cargill unit discloses stake in Freddie preferred[more]

    Big hedge funds bought Puerto Rico's junk bonds From Reuters.com: Several large hedge funds doubled down on Puerto Rico in last month's giant bond sale despite the U.S. territory's financial struggles, the Wall Street Journal reported, citing confidential documents reviewed by the newspa

  3. Opalesque Exclusive: Hedge fund replicators evolve[more]

    Bailey McCann, Opalesque New York: Hedge fund replicators as a group of products tend to get a bad rap from hedge fund managers who suggest that the best a replicator can offer is dynamic beta capture. A

  4. Opalesque Exclusive: Pensions, endowments, family offices reconsider life settlement investments[more]

    Bailey McCann, Opalesque New York: Hedge funds were once the largest investors in the life settlement industry, now the industry is seeing more interest from pensions, endowments and family offices directly. Life settlements have always been considered a niche part of the investing landscape, an

  5. SEC allows investment funds to use social media[more]

    Bailey McCann, Opalesque New York: The Securities and Exchange Commission (SEC) has released new guidance letting investment funds and advisors use social media to promote client reviews. The guidance seeks to assist investment managers in developing compliance policies and procedures reasonably