Wed, Apr 16, 2014
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Alternative Market Briefing Weekly

Hedge funds return 0.7% on average in August: hedge fund news, week 36

Saturday, September 08, 2012

In the week-ending 07 September 2012, it was reported that Man Group and Nomura are to launch the Nomura Man Systematic Fixed Income fund; Laffitte Capital launched its third fund, the Laffitte Index Arbitrage fund; Blackstone Group raised about $1.5bn from clients for a fund that will be managed by David Blitzer; Sustainable Options Ltd  announced the launch of the Sustainable Resources Fund, an open ended hedge fund; Schroders said it would launch in October a Global Macro Bond fund with Bob Jolly; Sweden’s largest hedge fund manager Brummer and Partners launched a European hedge fund that capitalizes on 'global financial imbalances’; GulfMena and Solo Capital said they plan to launch a new DIFC-based hedge fund; and Duet Asset Management hired a Macquarie executive to start a hedge fund to bet on macroeconomic trends in emerging markets.

Joseph Russell will wind down his hedge fund Bell Point Capital Management by the end of the year, return money to investors and retire.

The HFRX Global Hedge Fund Index was up 0.51% in August (+2.29% YTD); The Credit Suisse Liquid Alternative Beta Index was up 0.53% (+2.37% YTD); The Dow Jones Credit Suisse Core Hedge Fund Index closed up 0.56% (+2.02% YTD) The UCITS HFS Index gained 0.39% (+2.40% YTD); And the UCITS Alternative Global Index returned +0.18% (+0.68% YTD);

Hedge funds posted their third consecutive month of positive performance in August returning an average of 0.7% and pushed aggregate performance to positive 4.1% for the year, said eVestment HFN; multi-strategy fund of hedge funds ALTIN outperformed the HFRI FoF Composite Index (1.76% YTD) with +1.80% in H1-2012; David Einhorn’s......................

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. CTAs could face new challenges in a rising rates environment[more]

    Bailey McCann, Opalesque New York: CTAs have taken a beating performance wise lately, and asset flows reports show that investors aren't sticking around to see how the movie ends. Now, a new white paper from Roy Niederhoffer and Coen Weddepohl notes that as interest rates start to tick back u

  2. Investing – Big hedge funds bought Puerto Rico's junk bonds, Fidelity explores new trading venue amid flash trade concerns, Crisis-era Greek bonds reward early buyers with big effective returns, Cargill unit discloses stake in Freddie preferred[more]

    Big hedge funds bought Puerto Rico's junk bonds From Reuters.com: Several large hedge funds doubled down on Puerto Rico in last month's giant bond sale despite the U.S. territory's financial struggles, the Wall Street Journal reported, citing confidential documents reviewed by the newspa

  3. Commodities – Popular value fund manager David Iben bets on Russia, gold,[more]

    From Reuters.com: With large bets on Russia and North American gold miners, one of the best performing stock pickers in the wake of the 2008 financial crisis is back with a new fund that reflects his deep aversion to following the crowd. In the Kopernik Global All-Cap Fund, David Iben is follo

  4. Opalesque Exclusive: Pensions, endowments, family offices reconsider life settlement investments[more]

    Bailey McCann, Opalesque New York: Hedge funds were once the largest investors in the life settlement industry, now the industry is seeing more interest from pensions, endowments and family offices directly. Life settlements have always been considered a niche part of the investing landscape, an

  5. SEC allows investment funds to use social media[more]

    Bailey McCann, Opalesque New York: The Securities and Exchange Commission (SEC) has released new guidance letting investment funds and advisors use social media to promote client reviews. The guidance seeks to assist investment managers in developing compliance policies and procedures reasonably