Mon, May 2, 2016
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. 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