Tue, Mar 31, 2015
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

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. Other Voices: Does the hedge fund industry benefit society?[more]

    This article was authored by Don Steinbrugge, Chairman of Agecroft Partners, a US-based global consulting and third party marketing firm for hedge funds. It is no secret that the hedge fund industry is viewed negatively by a la

  2. Private credit comes into focus for investors[more]

    Bailey McCann, Opalesque New York: As investors look for a way out of the low yield/no yield environment, private credit is becoming an increasingly attractive asset class, according to a white paper from Bayshore Capital Advisors. Private credit has grown steadily since the financial crisis as

  3. Other Voices: The role of diversification in CTA portfolios[more]

    2014 brought a resurgence of managed futures strategies, or CTAs, which performed very well as a whole, outperforming all other hedge fund strategies. However, a closer look reveals that there was a wide range of performance, or return dispersion, across managers. The bottom line? Not all CTAs

  4. Neuberger Berman unit buys 20% stake in activist hedge fund Jana Partners for $2bn[more]

    Komfie Manalo, Opalesque Asia: Neuberger Berman’s unit Dyal Capital Partners bought a 20% stake in activist hedge fund firm Jana Partners worth $2bn, WSJ.com reports. The deal comes as activi

  5. Hedge fund launches fall again, $1bn funds found to outperform even smaller hedge funds[more]

    Komfie Manalo, Opalesque Asia: The number of new hedge fund launches fell again in 2014, the third consecutive year of decline, while fund liquidations saw their first drop since 2010, according to the latest HFR Market Microstructure Industry Report released by industry data provider HFR. Acc

 

banner