Mon, Aug 3, 2015
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. Other Voices: Same day reporting and the evolving role of fund administrators[more]

    By: Scott Price, Head of Business Development and Client Management for North America, Maitland Ernst & Young’s latest glob

  2. Activist News - Celgene says patent-fighting hedge fund manager wants to short its shares[more]

    From Reuters.com: Celgene Corp, one of the world's largest biotechnology companies, has accused U.S. hedge fund manager Kyle Bass of attempting to profit from his attempts to wipe out several major drug patents through his Coalition for Affordable Drugs. The company asked the U.S. Patent and T

  3. Einhorn's Greenlight Capital hedge fund slumps 6.1 percent in July[more]

    From Reuters/Thefiscaltimes.com: Hedge fund mogul David Einhorn's Greenlight Capital slumped 6.1 percent in July and is now down 9 percent for the year after gold, one of the fund's top holdings, tumbled to five-year lows last week. Greenlight notified clients of its returns late on Friday, ac

  4. Cowen Group, Inc. to acquire Conifer Securities[more]

    Cowen Group, Inc. and Conifer Securities, LLC had announced the signing of a definitive agreement under which Cowen will acquire Conifer Securities, the prime services division of Conifer Financial Services LLC. The transaction, the terms of which have not yet been disclosed, was approved by the boa

  5. Cargill’s Black River Asset to shut down four hedge funds[more]

    Komfie Manalo, Opalesque Asia: Cargill Inc.’s $7.4 billion Black River Asset Management said it was closing four hedge funds with a combined $ 1 billion in assets and start returning investors money over the next several months, various media said. The hedge funds represent 15% of Black River’

 

banner