Tue, Mar 31, 2015
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Alternative Market Briefing Weekly

Hedge funds see higher inflows, lower outflows says GlobeOp: hedge fund news, week 37

Saturday, September 15, 2012

In the week-ending 14 Sept 2012, data provider Hedge Fund Research disclosed that the number of hedge fund launches had declined through mid-2012 with 245 launches in 2Q, down from 304 in 1Q; Third Point Re is targeting to raise $250 for a new catastrophe hedge fund; activist investment firm Engaged Capital partnered with Grosvenor Capital to launch a new $85m hedge fund; Tradex Global Advisors announced it would launch a specialist fund of hedge funds that would invest in a variety of mortgage-related strategies; and Treesdale Partners launched a $20m emerging markets-focused global macro hedge fund.

Hong Kong-based hedge fund Pivotal Investments closed down and has started to return money to investors; and three former Highbridge Capital traders have pulled the plug on their $100m Kingsbrook Partners hedge fund operation and will return investors money.

The HFRI Fund Weighted Composite Index gained +0.8% in August (+3.49% YTD); The IndexIQ Hedge Long/Short Beta Index was up +2.23% (+6.94% YTD); The Greenwich Global Hedge Fund Index was up +1.03% (est.), (+3.88% YTD); The Lyxor Hedge Fund Index gained +0.4% (+2% YTD); The Hennessee Hedge Fund Index went up +0.97% (+3.82% YTD); The Eurekahedge Hedge Fund Index returned +0.47% (+3% YTD); And the SS&C GlobeOp Hedge Fund Performance Index rose +0.83% (est.) (+6.76% YTD).

Several of the biggest names in the hedge fund industry are struggling with their performance as markets surge, reported Institutional Investor; Brevan Howard was said to have reaped rewards from being on the other side of JPMorgan’s infamous “London Whale” trade earlier this year; John Paulson seemed to have bounced back in August as his Gold Fund gained 11%; James Dinan’s York Capital Management closed August up +3% (+6.2% YTD); and Gottex Fund Manage......................

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. Other Voices: Does the hedge fund industry benefit society?[more]

    This article was authored by Don Steinbrugge, Chairman of Agecroft Partners, a US-based global consulting and third party marketing firm for hedge funds. It is no secret that the hedge fund industry is viewed negatively by a la

  2. Private credit comes into focus for investors[more]

    Bailey McCann, Opalesque New York: As investors look for a way out of the low yield/no yield environment, private credit is becoming an increasingly attractive asset class, according to a white paper from Bayshore Capital Advisors. Private credit has grown steadily since the financial crisis as

  3. M&A - Hedge funds no longer attractive targets for banks, reinsurers, Blackstone buys stake in Christopher Pucillo’s Solus event-driven hedge fund[more]

    Hedge funds no longer attractive targets for banks, reinsurers From Institutionalinvestor.com: Swiss RE, the world’s second-largest reinsurer, is looking to sell its 15 percent stake in Jersey, Channel Islands–based hedge fund firm Brevan Howard Asset Management. Morgan Stanley reported

  4. Opalesque Radio: Threadneedle expects continuing equity volatility this year[more]

    Benedicte Gravrand, Opalesque Geneva: Investors should expect more volatility, which is signaling a "slow moving" top to the market, KKM Financial’s founder and CEO Jeff Kilburg told CNBC on Monday. And this volatility is going

  5. Hedge funds show strong performance of 2.52% so far in 2015[more]

    Komfie Manalo, Opalesque Asia: The hedge fund industry got off to a strong start in 2015 "completely unmindful" of the poor performance last year, according to data provider Preqin. According to Preqin, following a year which saw the average he

 

banner