Wed, Jun 28, 2017
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. Investing - Advisors slash hedge fund positions, Theravance Biopharma is a top pick of investment guru Seth Klarman, As asset management industry grows a search for new revenue streams[more]

    Advisors slash hedge fund positions From Barrons.com: Financial advisors have cut wealthy clients' exposure to hedge funds by up to one third over the past 12 months, The Financial Times reports. Advisor firms in the FT's annual top-300 ranking have reduced their hedge fund allocation to

  2. Investing - U.S. hedge fund in anonymous bet against Tesco shares, Hedge funds made repeated attempts to invest in Veneto banks, Steve Cohen's Point72 takes stake in struggling electronics retailer Conn's, Hedge fund Excalibur bets Riksbank will tighten by end of year[more]

    U.S. hedge fund in anonymous bet against Tesco shares From FT.com: A $20bn New York hedge fund is using an offshore shell company to anonymously bet against the shares of the UK supermarket Tesco, raising fresh questions over the efficacy of European short selling disclosure rules.

  3. ...And Finally - Nighttime barbecue festival in downtown Memphis![more]

    From Newsoftheweird.com: On May 19, Carl Webb and his wife left a nighttime barbecue festival in downtown Memphis and headed home. They drove 14 miles on an interstate highway before a police officer pulled them over to ask if Webb knew there was a body on his trunk. The man was clinging to the lip

  4. Global macro hedge funds lose on sharp drop in oil prices[more]

    Komfie Manalo, Opalesque Asia: Global macro hedge funds suffered losses due to the sharp fall in oil prices and the drop in U.S. and U.K. Treasury yields, Lyxor Asset Management said in its Weekly Briefing. The Lyxor Global Macro Index fell -1.0% from 13 June to 20 June (-3.4% YTD). The Lyxor

  5. State pension plans see liabilities increase in 2016 - Wilshire[more]

    Bailey McCann, Opalesque New York: The funding ratio of state pension plans dropped four percentage points to 69 percent in fiscal year 2016, according to Wilshire Consulting. A year ago, Wilshire Consulting's annual state funding report uncovered a funding ratio of 73 percent. "U.S. stock pe