Thu, Apr 24, 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

Banner
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. …And Finally – Flight attendant has passengers rolling in aisle[more]

    From Orange.co.uk: A video of a US flight attendant turning her safety talk into a comedy routine is proving a huge hit online. More than five million people have watched the clip of Marty Cobb which has her passengers rolling with laughter on a Southwest Airlines flight to Salt Lake City.

  2. Niche Investing – Wealthy investors flock to fine art funds[more]

    From Clickorlando.com: Wealthy investors looking to diversify beyond stocks and bonds are now turning to an unusual money-making vehicle -- the art investment fund. The name says it all: These funds invest in fine art and seek returns by acquiring and selling high-end pieces for profit. Growth

  3. Opalesque Exclusive: Rainwater and Blue Sky - an Australian water fund emerges[more]

    Bailey McCann, Opalesque New York: Financial reporters often tout new funds and investments as uncorrelated investments, but few can say they are uncorrelated to everything but weather. Enter Blue Sky Alternative's water fund which invests in the permanent rights to Australia's water. Sev

  4. University of Michigan allocates $242m to six managers[more]

    From PIonline.com: University of Michigan, Ann Arbor, invested or committed a total of $242 million to one traditional equity manager and five alternative investment funds from its $9 billion endowment. University regents approved the hire of Mittleman Investment Management to run $35 million in act

  5. Performance – Odey flagship hedge fund suffers brutal March as shorts rise, Blackstone first-quarter profit rises 30% on higher fees[more]

    Odey flagship hedge fund suffers brutal March as shorts rise From Valuewalk.com: The tide has turned for the worse for one of Europe’s best performing hedge funds. Crispin Odey’s flagship hedge fund, Odey European has suffered a 4.63% decline for the year after slipping 7.2% in March, ac