Fri, Aug 29, 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

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. Study shows what resonates with investors: 'Unwavering', 'passionate' beats 'committed', 'dedicated' and more surprises[more]

    Komfie Manalo, Opalesque Asia: A new study by Pershing Square, a unit of BNY Mellon company, showed that an effective value proposition strengthens audience connections and fosters growth, yet many advisors have had little objective guidance in formulating such statements until now. In the

  2. Institutions – Texas Employees sets 2015 tactical plan for alternatives, CalPERS' real estate consultant cautions the pension fund's investment committee, Why Sunsuper likes hedge funds[more]

    Texas Employees sets 2015 tactical plan for alternatives From PIOnline.com: Texas Employees Retirement System will invest in up to four new hedge funds in the next fiscal year, which begins Sept. 1. Trustees approved 2015 tactical investment plans for the hedge fund, private equity and in

  3. Hedge fund assets decline in July - eVestment[more]

    Bailey McCann, Opalesque New York: Total assets in hedge funds declined in July and dropped 0.49%, marking the industry's second monthly asset decline in 2014, according to the latest asset flows data from eVestment. Despite the asset decline, total industry AUM remained above the $3 trillion

  4. AIMA makes 'the case for hedge funds'[more]

    Bailey McCann, Opalesque New York: The Alternative Investment Management Association (AIMA), the global hedge fund industry body,

  5. Managed futures' global diversification is important in next phase of economic recovery[more]

    Komfie Manalo, Opalesque Asia: The global diversification provided by managed futures may prove to be extremely valuable as the markets enter the next phase of the economic recovery, said Campbell & Company, a pioneer in absolute return invest