Thu, Mar 5, 2015
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Alternative Market Briefing Weekly

Hedge funds engage with JP Morgan, Facebook stocks - hedge fund news, week 20

Saturday, May 19, 2012

In the week-ending 18 May, 2012, it was reported that Trian Fund Management said it wanted to raise $2bn to launch a new fund, Trian Partners Strategic Investment Fund II; Los Angeles-based asset management firm TCW is raising $250m for its new hedge fund focused on foreclosed homes; Farallon Capital analyst Nate Singer announced his plan to launch a $50m long/short hedge fund in July; former Citadel analyst Bruce Ivory is spearheading the launch of the bank’s first credit-focused hedge fund at Barclays; Financial Risk Management is raising up to $100m for a new strategy dedicated to Japan-focused managers; two former QVT Financial principals are prepping a new event driven fund for Q3 this year; and Altegris Advisors announced the launch of the Altegris Equity Long Short Fund.

The HFRX Global Hedge Fund Index was down 1.22% in mid-May (+2.01% YTD); The Lyxor Hedge Fund Index was almost flat in April with a performance of -0.02% (+1.52% YTD); GlobeOp launched its hedge fund performance index last month which showed a gross performance of +0.51% in April (+3.66% YTD); The RBC Hedge 250 Index returned -0.04% (+3.37% YTD); The Eurekahedge Hedge Fund Index went down 0.24% (est.) (+3.60% YTD); The Dow Jones Credit Suisse Hedge Fund Index finished the month down 0.04% (+4.0% YTD); And the Greenwich Global Hedge Fund Index fell -0.46% (+4.0% YTD).

Chicago hedge fund AM Capital blamed the “dysfunctional” governments in Europe and U.S. for the industry’s poor performance last month; Man Group led the worst performing hedge fund stocks, according to Bloomberg; Pierre-Henri Flamand’s hedge fund, Edoma Partners reported a -0.85% loss in Q1; Galloway Capital Emerging......................

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. Outlook - Philippe Jordan predicts 'alternative beta' to displace hedge funds, Stan Druckenmiller says Europe, Japan stocks will outpace U.S.[more]

    Philippe Jordan predicts 'alternative beta' to displace hedge funds From Investordaily.com.au: The disappointing performance of hedge funds in recent years is a result of "too much money chasing too little alpha", argues Capital Fund Management. Speaking to InvestorDaily, CFM partner Phi

  2. Investing - Seth Klarman of Baupost outlines his investment process as major stock market indices are stretched, Myriad hedge fund sold bulk of its Alibaba stake last year[more]

    Seth Klarman of Baupost outlines his investment process as major stock market indices are stretched From Valuewalk.com: As hedge fund manager Seth Klarman, leader of the $28 billion Baupost Group, reviews 2014 performance and considers investors gained near 7 percent on the year, he cons

  3. Investing - As rig count falls, hedge funds pile into long crude futures, Parus tactically shifts long/short exposure ratios, Mario Draghi outflanking Kuroda as bearish euro bets surge, Prime Capital’s 500.com bet derailed after 41% drop[more]

    As rig count falls, hedge funds pile into long crude futures From 247wallst.com: In the week ended February 27, the total number of rigs drilling for oil in the United States came in at 986, compared with 1,019 in the prior week and 1,430 a year ago. Including 281 other rigs mostly drill

  4. Opalesque Exclusive: dbSelect’s top ten FX strategies average almost 10% in January[more]

    Benedicte Gravrand, Opalesque Geneva: In one of Deutsche Asset & Wealth Management (AWM)’s hedge fund platforms, called dbSelect, a number of FX Strategies did very well in January. dbSelect is a managed investment platform for unf

  5. Opalesque Exclusive: SEC’s Mark J. Flannery warns hedge funds against valuation misconduct[more]

    Komfie Manalo, Opalesque Asia: Securities and Exchange Commission chief economist and director of Division of Economic and Risk Analysis (DERA) Mark J. Flannery has warned of the risks posed by market misconduct, particularly in the true valuation of assets by hedge fund managers. In his