Mon, Apr 21, 2014
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

Banner
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. Opalesque Exclusive: Classic Auto Funds Limited (CAF) launches several car investing funds[more]

    Bailey McCann, Opalesque New York: A new trend in alternative alternatives is emerging - car appreciation funds. Classic Auto Funds Limited (CAF) is the first to market with several funds that make super elite luxury cars into real asset investments. As a result of growing overseas demand couple

  2. Investing – Big hedge funds bought Puerto Rico's junk bonds, Fidelity explores new trading venue amid flash trade concerns, Crisis-era Greek bonds reward early buyers with big effective returns, Cargill unit discloses stake in Freddie preferred[more]

    Big hedge funds bought Puerto Rico's junk bonds From Reuters.com: Several large hedge funds doubled down on Puerto Rico in last month's giant bond sale despite the U.S. territory's financial struggles, the Wall Street Journal reported, citing confidential documents reviewed by the newspa

  3. Opalesque Exclusive: Hedge fund replicators evolve[more]

    Bailey McCann, Opalesque New York: Hedge fund replicators as a group of products tend to get a bad rap from hedge fund managers who suggest that the best a replicator can offer is dynamic beta capture. A

  4. Opalesque Exclusive: Pensions, endowments, family offices reconsider life settlement investments[more]

    Bailey McCann, Opalesque New York: Hedge funds were once the largest investors in the life settlement industry, now the industry is seeing more interest from pensions, endowments and family offices directly. Life settlements have always been considered a niche part of the investing landscape, an

  5. SEC allows investment funds to use social media[more]

    Bailey McCann, Opalesque New York: The Securities and Exchange Commission (SEC) has released new guidance letting investment funds and advisors use social media to promote client reviews. The guidance seeks to assist investment managers in developing compliance policies and procedures reasonably