Mon, May 30, 2016
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Alternative Market Briefing Weekly

Only 11% of hedge funds outpaced the S&P 500 so far this year, says Goldman Sachs: hedge fund news, week 34

Saturday, August 25, 2012

In the week-ending 24 August 2012, Silk Road Management announced the launch of the Silk Road M3 Fund that will focus on Myanmar, Mongolia, and Mozambique; Eric Rosen, the co-head of UBS AG’s fixed-income, currencies and commodities business for the Americas will be leaving the firm next month to start a new hedge fund; and CF Partners said it would launch a commodity hedge fund later this year.

Montecito, California-based hedge fund house Evolved Alpha announced it would close the firm and has already returned investors capital; and Plural Investments founder and portfolio manager Matt Grossman said he would close the fund in September as he needs a more flexible mandate.

Salient Partners last week launched the Risk Parity Index that will enable investment managers to measure the performance and effectiveness of their risk-parity strategies against an industry standard and passive index; The HFRX Global Hedge Fund Index posted gains of +0.50% through mid-August (2.28% YTD); The Morningstar MSCI Composite Hedge Fund Index was up +1.9% in July (+3.7% YTD), and said the hedge fund sector had leaked $6.5bn in June; And the Scotiabank Canadian Hedge Fund Index (asset weighted) was up +0.96% (-7.57% YTD).

Only 11% of hedge funds outpaced the S&P 500 in terms of performance as at August 3 this year, said a report from Goldman Sachs; US based asset manager HanKar Capital’s relative val......................

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. Performance - Hedge fund ETFs take a battering, Have long-short credit funds delivered?[more]

    Hedge fund ETFs take a battering From ETFStrategy.co.uk: It was a blow for the hedge fund world when Hillary Clinton’s son-in-law Marc Mezvinsky announced he would be closing his Greek-focused fund after it plummeted in value by 90%, just two years after it launched. For passive investor

  2. Ares Capital to buy American Capital in $3.4 billion deal[more]

    From PIOnline.com: Ares Management's business development company Ares Capital Corp. is buying troubled BDC American Capital for $3.43 billion, said a joint news release by the BDCs and another release by Ares Management. Ares Capital Corp.'s assets are expected to grow to about $13.2 billion when t

  3. Launches - Man Group and American Beacon launch new emerging debt fund, Nikko AM launches new Japan equity UCITS fund[more]

    Man Group and American Beacon launch new emerging debt fund American Beacon Advisors, an experienced provider of investment advisory services to institutional and retail markets, launched the American Beacon GLG Total Return Fund today. The Fund became effective May 20. The America

  4. Emerging markets hedge funds perform strongly, but capital base erodes[more]

    Komfie Manalo, Opalesque Asia: Latin American Emerging Markets and Russian hedge funds lead industry gains in the first months of 2016, posting strong performances through April as global and EM equity, commodity and currency markets surged in recent weeks following steep losses to begin the year

  5. Americas - Australian banks sending U.S. hedge funds broke, Ryan Puerto Rico ‘rescue’ bill could be windfall for hedge funds[more]

    Australian banks sending U.S. hedge funds broke From SMH.com.au: US hedge funds are not having the best of years. Profits are hard to find, they're underperforming and the punters are losing patience, withdrawing US$15 billion ($20.8 billion) in the March quarter. They're expected to wit