Fri, Aug 26, 2016
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. Opalesque Exclusive: Algorithms platform aims to target typical challenges found in quantitative hedge funds[more]

    Benedicte Gravrand, Opalesque Geneva: Last month, Quantopian received investments from Point72 Ventures, the new venture capital arm of Steven Cohen’s Point72 Asset Management.

  2. LatAm hedge funds surge in 1H to +24.4%, emerging markets assets rise[more]

    Komfie Manalo, Opalesque Asia: Hedge funds investing in Latin America posted strong gains through mid-2016, reversing declines in four of the past five years, including the last three years, to lead all areas of hedge fund performance through the first half of 2016, according to the latest HFR Em

  3. Asia - LGT Capital Partners: Alternatives set for continued rise in Asia[more]

    From Asianinvestor.net: More flows are likely into insurance-linked strategies, private equity and trend-following strategies/CTAs, given the benefits of such investments, argues LGT Capital Partners. Despite the numerous quantitative easing programs and bailouts of recent years, the quest for

  4. Opalesque Roundtable: Low and high fee investments often better than mid fee hedge funds[more]

    Komfie Manalo, Opalesque Asia: Hedge funds that charge the low and high fees stuff often provide better returns than "those sort of mid-fee investments", said Keith Haydon, chief investment officer of Man FRM. (Alternative) investment managers who charge high fees would often provide the most int

  5. Hedge fund investors pull $5.7 billion in July[more]

    From Bloomberg.com: Hedge funds suffered a third consecutive month of outflows in July as investors withdrew $5.7 billion, according to industry tracker Eurekahedge. Redemptions totaled $20.7 billion in the three months through July, with money managers betting on equities suffering $18.4 bill