Sun, Apr 20, 2014
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Alternative Market Briefing Weekly

Man acquires FRM, funds hedge on fears of euro collapse: hedge fund news, week 21

Saturday, May 26, 2012

In the week-ending 25 May, 2012, it was reported that two managing directors had left Société Générale to launch a new commodity hedge fund house in Paris called Belaco Capital; a team led by former Diamondback fixed income group will launch a credit hedge fund next month under Aesir Capital Management; former partner of John Paulson Robert Lacoursiere said he would launch a new equity hedge fund called Petrarca Capital; Altegris Advisors launched a new long/short equity hedge fund; Swank Capital launched its hedge fund offering to outside investors and is considering rolling out a second; and Cazenove Capital Management launched a multi-manager diversity balanced fund of funds.

The Barclay Hedge Fund Index was down -0.44% in April (+5.05% YTD : The Emanagers Total Index was down 0.38% (+3.05% YTD); The Dow Jones Credit Suisse Hedge Fund Index finished down -0.04% (+4% YTD); The Barclay CTA Index was down -0.10% (-0.62% YTD); The Morningstar MSCI Composite AW index was up 0.2% (3.3% YTD): And all EDHEC hedge fund strategies were negative in April except for short selling.

Morningstar said hedge funds on its database had leak $655m of assets in March; GlobeOp Forward Redemption Indicator measured 3.31% in May, up from 2.00% in April. HBK Capital Management closed its flagship multi-strategy hedge fund to new investors after seeing almost half a billion dollars of fresh inflows in Q1; the Cascabel Managem......................

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. CTAs could face new challenges in a rising rates environment[more]

    Bailey McCann, Opalesque New York: CTAs have taken a beating performance wise lately, and asset flows reports show that investors aren't sticking around to see how the movie ends. Now, a new white paper from Roy Niederhoffer and Coen Weddepohl notes that as interest rates start to tick back u

  3. 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

  4. 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

  5. Commodities – Popular value fund manager David Iben bets on Russia, gold,[more]

    From Reuters.com: With large bets on Russia and North American gold miners, one of the best performing stock pickers in the wake of the 2008 financial crisis is back with a new fund that reflects his deep aversion to following the crowd. In the Kopernik Global All-Cap Fund, David Iben is follo