Fri, Apr 29, 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. 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. Performance - Blackstone profits plunge 77% as performance fees dive, Hedge fund stars' fortunes hostage to market swings, Hedge fund manager goes from billionaire to millionaire in profits plunge, Hedge funds biggest losers in SunEdison's 'magic money machine'[more]

    Blackstone profits plunge 77% as performance fees dive From FT.com: Blackstone, the world’s biggest manager of alternative investments from private equity to real estate, suffered from sharply lower performance fees amid turbulent markets in the first three months of the year, even as it

  3. 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

  4. 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

  5. …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