Wed, Sep 28, 2016
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Alternative Market Briefing Weekly

New York still the undisputed center of the global hedge fund industry: hedge fund news, week 22

Saturday, June 02, 2012

In the week-ending 01-June 2012, it was reported that Fortress Investment Group had launched an Asia volatility-based fund Fortress Convex Asia Fund last month; Jack Schwager and Emanuel Balarie teamed up to launch a multi manager FX fund called the ADM Investor Services Diversified Strategies Fund; Kellner DiLeo reorganized, rebranded and launched a new event-driven hedge fund; Turkish firm Tacirler debuted its new hedge fund last Friday; and Eaton Vance Management launched two UCITS funds that will invest in emerging markets and global equities.

The Parker FX Index was down -0.59% in April (-0.82% YTD); The 'Alternative Alternatives' investment funds was down 0.41% (+1.81% YTD); And hedge funds investing in Russia, India and Latin America led first quarter gains as the HFRI Emerging Markets Index returned 7.3%.

The $7.8bn Greenlight Capital fund reported positive performance in Q1 with 6.8% gains; Grreenlight’s executive David Einhorn said he remains bullish on Apple stocks; and Splendid Asia Macro Fund, run by a former Credit Suisse Group AG trader, returned 20% through April.

Elliot Associatescommented that the global monetary policy of central bank is distorting asset prices and raised inflationary concerns; Lyxor Asset Management was considering to move close to $12bn of its assets to Luxembourg in order to provide investors with a more regulated environment; sales of UCITS funds rose by €91bn between Q4-2011 and Q1-2012; TrimTabs Investment Research and Informa Investment Solutions reported an estimated $34bn inflows in ma......................

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. Nobel Sustainability Trust, Prince Albert II of Monaco help launch major new initiative to drive sustainable technologies[more]

    Matthias Knab, Opalesque: The Nobel Sustainability® Trust ("NST") is leading a major new initiative to finance, incubate and accelerate the development of clean technologies. The initiative will start with the formation of the Nobel Sustainability Fund® ("NSF"). NSF will drive faster access t

  2. Studies - Hedge funds’ study reveals vast disparity in types of investors securing side letter arrangements, Cambridge: Look to private investments for best access to LatAm growth[more]

    Hedge funds’ study reveals vast disparity in types of investors securing side letter arrangements A new study of the hedge fund space by industry law firm Seward & Kissel LLP reveals a wealth of information regarding established hedge fund managers’ use of side letters—special agreements

  3. Activist News - Caesars 'optimistic' on deal with hedge fund creditors[more]

    From Reuters.com: Caesars Entertainment Corp said on Monday it remains "optimistic" of reaching a $5 billion deal with the bulk of its creditors to push its main operating unit out of bankruptcy, but one hedge fund bondholder said it will pursue litigation. Caesars offered a sweetened $5 billion set

  4. Hedge funds recover from losses as central banks give markets a respite[more]

    Komfie Manalo, Opalesque Asia: The Lyxor Hedge Fund index was up 0.4% from the week ending September 20 (-2.4% YTD), supported by the willingness of central banks to remain accommodative, Lyxor Asset Management said in its weekly briefing. It ad

  5. Perry Capital closing flagship fund after almost three decades[more]

    From Blooomberg.com: Richard Perry, one of the biggest names in hedge funds, is calling it quits after 28 years. Perry, 61, is winding down his New York-based flagship fund as the industry confronts one of the most tumultuous periods in its history. In a letter to investors Monday, he said his style