Sat, Apr 30, 2016
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Alternative Market Briefing Weekly

Uproar about new AIFMD draft; average March returns are flat – and other hedge fund news - Week 14

Saturday, April 07, 2012

In the week-ending April 5, 2012, it was reported that Henderson Global Investors had launched the Henderson All Asset Fund; Stonehenge Asset Management will launch its third multi-strategy hedge fund in April; former Nomura trader Benjamin Fuchs will launch a multi-strategy hedge fund on June 1 with backing from Normura; long/short technology hedge fund Lamond Capital Partners began trading April 2 with $175m from institutional investors, including $150m in seed money from Meritage Group; Sparx Group plans to launch a fund in July to invest in renewable-energy projects in Japan as the country reshapes its energy policy; RiverPark Advisors started the RiverPark Long/Short Opportunity Fund, a new open-end mutual fund which is a conversion of an existing hedge fund launched by RiverPark in 2009; Tiger cub Adam Leitzes plans to start his own hedge fund betting on Asian stocks; Blue Ridge Capital Management partner and portfolio manager David Greenspan resigned, together with three people, and may launch a fund this year; Adam Gold, formerly a portfolio manager at Gilder Gagnon Howe & Co, launched a maiden hedge fund; Stark Investments has launched a new mortgage hedge fund; and SG Alpha launched a dedicated Ukraine hedge fund.

The investable hedge fund composite Index calculated by BofA Merrill Lynch was up 2.39% quarter-to-date as of March 28, underperforming the S&P 500 which was up 11.76% in Q1-2012. BofA ML also calculated that the average hedge fund index return for February was 1.61% (3.5% YTD) %; The UCITS Alternative Index Global returned -0.49% in March bringing its YTD to 1.75%; The Credit Suisse Liquid Alternative Beta Index went down 0.83%, +2.21% YTD%; The HFRX Global Hedge Fund Index posted narrow a decline of -0.02% (+3.40% YTD) %; The Dow Jones Credit Suisse Core Hedge Fund Index closed down 0.82% (+2.75% YT......................

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. Hedge funds see $14.3bn outflows in Q1, CTAs and multi-strategy lead net inflows[more]

    Komfie Manalo, Opalesque Asia: The hedge fund industry saw net outflows of investor capital in the first quarter of the year, totaling $14.3bn, data from Preqin showed. This continues from the $8.9bn overall net outflows that funds recorded in Q4

  2. Third Point calls Q1 "catastrophic" for hedge funds[more]

    Bailey McCann, Opalesque New York: The first quarter of this year was rocky for hedge funds based on aggregate performance from the industry, but now we are beginning to hear what the managers thought of it as quarterly letters make their way to investors. Dan Loeb, CEO of New York-based $17 bill

  3. Asia - Stabilization of China's capital outflows may hinge on Janet Yellen, Fink says China to do well this year as bubble threat postponed, Chinese hedge fund to invest in India’s infrastructure[more]

    Stabilization of China's capital outflows may hinge on Janet Yellen From Bloomberg.com: Whether China’s recent stabilization of its currency and capital outflows continues -- or downside pressure reignites -- may hinge in large part on Janet Yellen. If the Federal Reserve chair sticks to

  4. …And Finally - After all, judges are human too[more]

    From Newsoftheweird.com: In March, one District of Columbia government administrative law judge was charged with misdemeanor assault on another. Judge Sharon Goodie said she wanted to give Judge Joan Davenport some files, but Davenport, in her office, would not answer the door. Goodie said once the

  5. Comment - Unmasking the men behind Zero Hedge, Wall Street's renegade blog[more]

    From Bloomberg.com: Colin Lokey, also known as "Tyler Durden," is breaking the first rule of Fight Club: You do not talk about Fight Club. He’s also breaking the second rule of Fight Club. (See the first rule.) After more than a year writing for the financial website Zero Hedge under the n