Wed, Sep 2, 2015
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. Cliff Asness attracts $360 million as liquid alternative funds hold up[more]

    From Bloomberg.com: As U.S. stocks suffered their worst month in more than three years in August, Clifford Asness’s managed futures fund was able to profit. Investors are taking notice. The $9.12 billion AQR Managed Futures Strategy Fund pulled in an estimated $360 million in net subscriptions last

  2. Activist News - Carl Icahn has snapped up a huge stake in Freeport-McMoRan, and the stock is ripping, Meet Europe's best activist investor[more]

    Carl Icahn has snapped up a huge stake in Freeport-McMoRan, and the stock is ripping From Businessinsider.com: Carl Icahn has picked his next target: Freeport-McMoRan. Icahn and a group of other investors have snapped up an 8.46% stake in mining company Freeport-McMoRan, according to a j

  3. North America - Hedge fund manager Ray Dalio’s challenge to the Fed[more]

    From Newyorker.com: For some reason, Janet Yellen, the chair of the Federal Reserve, decided to skip this year’s annual Fed conference in Jackson Hole, where monetary policymakers from the United States and abroad get together with some prominent academics to discuss the big issues of the moment. Th

  4. Performance - Einhorn and Loeb's hedge funds both decline 5% in August, Some target-date funds miss in the market turmoil[more]

    Einhorn and Loeb's hedge funds both decline 5% in August From Reuters.com: Hedge fund billionaires David Einhorn and Daniel Loeb saw their main funds lose roughly 5 percent in August during a dramatic market sell off, two people familiar with their returns said on Monday. Einhorn's

  5. Opalesque Exclusive: Foundation returns slide, but commitment to alternatives remains[more]

    Bailey McCann, Opalesque New York: Private and community foundations posted returns of 6.1 percent for the 2014 fiscal year (January 1 – December 31, 2014), down from the 15.6 percent return reported for FY2013, according to the latest Council on Foundations–Commonfund Study of Investment of End

 

banner