Thu, Mar 28, 2024
A A A
Welcome Guest
Free Trial RSS pod
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

Previous Opalesque Exclusives                                  
Previous Other Voices                                               
Access Alternative Market Briefing

 



  • Top Forwarded
  • Top Tracked
  • Top Searched
  1. KKR raises $6.4bn for the largest pan-Asia infrastructure fund[more]

    Laxman Pai, Opalesque Asia: The New York-based global investment firm KKR has raised a record $6.4bn for its second Asia-focused infrastructure fund, underlining investors' continued appetite for private markets. According to a media release from the alternative assets manager, the figure top

  2. Bucking the trend, top hedge fund makes plans for a second SPAC[more]

    From Institutional Investor: SPACs aren't dead. At least not to the folks at Cormorant Asset Management. The life sciences firm, whose hedge fund topped its peers in 2023, is confident it will match the success of its first blank-check company. Last week, the life sciences and biopharma speciali

  3. Benefit Street Partners closes fifth fund on $4.7 billion[more]

    Bailey McCann, Opalesque New York: Benefit Street Partners has closed its fifth flagship direct lending vehicle, BSP Debt Fund V, with $4.7 billion of investable capital across the strategy. Benefit Street invests primarily in privately originated, floating rate, senior secured loans. The fun

  4. 4 hedge fund themes that are working in 2024[more]

    From The Street: A poor earnings report from Tesla (TSLA) has not hurt the indexes on Thursday. The decline in Tesla stock, which is losing its position in the Magnificent Seven pantheon, is more than offset by strong earnings from IBM (IBM) and ServiceNow (NOW) . In addition, the much higher-t

  5. Opalesque Exclusive: A global macro fund eyes opportunities in bonds[more]

    Bailey McCann, Opalesque New York for New Managers: Munich-based ThirdYear Capital rebounded in 2023, following a tough year for global macro. The firm's flagship ART Global Macro strategy finished the year up 1