Mon, Jan 22, 2018
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Alternative Market Briefing Weekly

Hedge fund launches at highest since last quarter of 2007 – news of week 25

Saturday, June 23, 2012

In the week-ending 22 June 2012, Hedge Fund Research revealed that hedge fund launches totaled 304 in the first quarter, narrowly eclipsing the 298 launches in 1Q11 for the highest quarterly total since 4Q07; Citigroup’s former head of proprietary trading Sutesh Sharma said he would launch the $500m Portman Square Capital this autumn; former Winton Capital duo Bruce MacDonald and Dr. Patrick McSharry announced the launch of Rudolf Wolff Global Portfolio (long/short) hedge fund; JPMorgan Chase & Co.’s Deepak Gulati held talks with investors for a possible hedge fund launch; Swiss bank UBS and HFR launched four UCITS-compliant hedge fund ETFs; William Michaelcheck’s $4.7bn Mariner Investment Group is starting a pool to invest in new hedge funds; Tony D’Andraia and Justin Meadlin teamed up to launch their maiden hedge fund, the Hyaline Capital Opportunity Fund; and Brevan Howard is seeking capital for a new pool that buys securities tied to mortgages and other debt.

The RBC Hedge 250 Index was down -1% (est.) in May (+2.34% YTD); The Barclay Hedge Fund Index dropped -2.98% (+1.77% YTD); The Barclay CTA Index gained +2.64% (+1.33% YTD); The Dow Jones Credit Suisse Hedge Fund Index finished the month down -1.33% (+2.61% YTD); The Lyxor Hedge Fund index went down -0.55% (+0.96% YTD); The Morningstar MSCI Composite Hedge Fund Index was down -0.5% (est.), (+2.7% YTD); The GlobeOp Hedge Fund Performance Index was up 0.43% (+4.15% YTD); The Emanagers Total Index lost -0.74% (+1.69% YTD); The EDHEC CTA Global Index went up +2.90% (+2.2% YTD) as most indices failed to escape market turmoil in May; And the Scotiabank Canadian Hedge Fund Index ended May -0.41% (-7.03% YTD) on asset weighted basis. The HFRX Global Hedge Fund Index posted a decline of -0.54% in mid-June (~ +1.25% YTD).

Chenavari Invest......................

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. U.S. economy, inflation and alternative investments to dominate 2018 markets, says family office Wilmington Trust[more]

    Komfie Manalo, Opalesque Asia: The emergence of a late-cycle economy in the U.S., the mystery of inflation and growth from a domestic and global perspective, and the potential for alternative investments to prosper against a backdrop of rich valuations, low yields, and higher volatility are the t

  2. Performance - Some hedge funds deliver double-digit gains for 2017, Brevan Howard's hedge fund suffers biggest annual loss in 2017, Crispin Odey's flagship hedge fund plummeted about 20% in 2017, Profits fall 90% at ex-Morgan Stanley banker's hedge fund, Fannie-Freddie overhaul might mint hedge fund riches, losses[more]

    Some hedge funds deliver double-digit gains for 2017 From Reuters/Investing.com: A handful of hedge funds ended 2017 with double digit returns, their investors said, at a time the $3 trillion industry took in fresh money and posted its best returns in years, industry data show. Act

  3. Investing - Hedge funds start 2018 with record $19 billion bet on the euro, Hedge fund Kora Management invests in Satin Creditcare[more]

    Hedge funds start 2018 with record $19 billion bet on the euro From Reuters.com: Hedge funds have kicked off 2018 with their biggest bet ever on the euro rising, a clear vote of confidence in the single currency but, with positioning so stretched, one which could backfire in the near ter

  4. News Briefs - Mobius to retire from Franklin Templeton, Authorities decrypt smart phone of Princeton grad charged with killing Manhattan hedge fund dad, Investigators seize (more) antiques from hedge-fund billionaire Michael Steinhardt's collection[more]

    Mobius to retire from Franklin Templeton Emerging markets pioneer Mark Mobius will be stepping down as executive chairman of the Templeton Emerging Markets Group (TEMG) and formally retire from Franklin Templeton on 31 January. He will also be relinquishing his post as portfolio manager

  5. Comment - Seeding arrangements: Structure, approach, and the current market[more]

    From international law firm K&L Gates: Private fund growth has exploded over the last several years. While some areas are hotter than others, overall the industry has seen substantial growth. Existing managers have been able to launch larger funds and new managers have been able to successfully ente