Sat, Nov 29, 2014
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Alternative Market Briefing Weekly

Smaller hedge funds outperformed their bigger rivals: hedge fund news, week 32

Saturday, August 11, 2012

In the week-ending 10 Aug 2012, it was reported that former Citadel credit chief Chris Boas was reported to be planning to launch a new hedge fund; commodities hedge fund Armajaro Asset is set to launch a fund to invest in financial stocks; Three Arrows Capital announced its plan to launch a new Asian Arbitrage Fund in September.

Hamburg-based Aquila Capital has launched the AC - Risk Parity 17 Fund which has expanded its risk parity offering; and Sturgeon Capital said it would launch its new UCITS IV equity fund, the Sturgeon Central Asia Equities Fund in Q3 this year.

JP Morgan Asset announced last week it would close down its hedge fund dedicated to Catholics; and Thames River said it would close Ken Kinsey-Quick's £54m Multi Hedge fund and return the cash to shareholders in September.

The HFRX Global Hedge Index gained +0.54% in July (+1.77% YTD); The HFRI Fund Weighted Composite gained +1.1% (+2.88% YTD); The Eurekahedge Hedge Fund Index was up +1.15% (+2.62 YTD); The Hennessee Hedge Fund Index advanced +0.47% (+2.78% YTD); The UCITS HFS Index breaks negative trend, up +0.97% last month; and the UCITS Alternative Index Global was up 0.84% (+0.50% YTD).

Fresh data showed that some smaller hedge funds outperformed their much bigger rivals so far this year; GAM offered some insights into the July hedge fund performance; activist investor Bill Ackman’s Pershing Square Capital and David Einhorn’s Greenlight Capital outperformed last month with +1.5% and +2.7% gains respectively; data obtained by Bloomberg showed that Daniel Loeb’s Third Point profited from dislocations in European credit markets in July; Canadian managed futures advisory firm Blackheath ......................

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. Unlucky Paulson & Co. rebrands $1.6bn Recovery Fund after 13% drop[more]

    From Businessweek.com: A maturing U.S. economic recovery is prompting Paulson & Co. to change course. The $19 billion hedge fund firm, led by billionaire John Paulson, told investors on a conference call this month that the Paulson Recovery Fund will be renamed Paulson Special Situations Fund on Jan

  2. Opalesque Roundtable: Islamic Finance races ahead with Sukuk, the first managed account platform, and foreign demand[more]

    Komfie Manalo, Opalesque Asia: A number of developments took place within Islamic finance in the past years, including the launch of a Islamic managed account platform and the further growth of the sukuk space that saw this instrument evolve from being a type of an ABS security that was rarely

  3. Fund Profile - A complex hedge fund strategy works for United Technologies[more]

    From Institutionalinvestor.com: Reports that portable alpha is dead have been greatly exaggerated, as Mark Twain might have phrased it. Another Connecticut Yankee, giant United Technologies Corp., is gearing up to grow its successful, nearly decade-long portable-alpha program. The UTC strategy took

  4. Opalesque Exclusive: The unintended consequences of Basel III[more]

    Benedicte Gravrand, Opalesque Geneva: Bijesh Amin, co-founder and managing director of Indus Valley Partners (IVP), a technology solutions and services firm focused on the alternative asset management industry, has recently observed

  5. Legal - Six years after AIG takeover, lawsuit reveals another potential buyer[more]

    From Institutional investor.com: When former Treasury secretary Henry (Hank) Paulson Jr. testified in a suit last month about the U.S. government takeover of American International Group, his words were — mostly — numbingly familiar. Explaining the “punitive” terms set for the September 2008 bailout