Sat, Apr 19, 2014
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Alternative Market Briefing Weekly

U.S. hedge funds gained in August by buying riskier stocks and commodities: hedge fund news, week 39

Saturday, September 29, 2012

In the week-ending 28 September 2012, it was reported that Goldman Sachs Group was scheduled to launch a new hedge fund offering to its wealthiest customers; Citigroup hired former Morgan Stanley Investment Management’s Andrew Mack for its new hedge fund launch; former Royal Bank of Canada and Bank of America Corp. proprietary traders Stuart Lippman and David Liu have left Tandem Global to start a new fund at TIG Advisors; Hyaline Capital Management launched a top-down, macro-driven long/short equity hedge fund; Hal Lehr, a managing director and global head for cross-commodity trading at Deutsche Bank, resigned from the hedge fund with three associates to start a new fund; Gougenheim Investments CEO and founder Philippe Gougenheim said he would launch the Glasnost Macro Fund in early October; and three North Carolina college students launched a global macro hedge fund for Lumina Investments.

Lazard Global Investment launched the Lazard Opportunities fund after closing its Matrix UCITS platform; Hermes Fund Managers unveiled a UCITS-compliant U.S. small and mid-cap equities fund managed by Robert Anstey; and a joint venture between Lyxor Asset’s Fortune SG and Winton Capital Asia launched the first CTA in China.

The South Africa-based global provider of wealth and alternative asset management solutions Peregrine Holdings announced it would close its consulting arm Peregrine Portfolio Innovation; Hong Kong hedge fund Sharp Peak Vega Fund told investors it would return investors money due to poor performance; data from Citiwire showed that 83% of Alte......................

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. Opalesque Exclusive: Classic Auto Funds Limited (CAF) launches several car investing funds[more]

    Bailey McCann, Opalesque New York: A new trend in alternative alternatives is emerging - car appreciation funds. Classic Auto Funds Limited (CAF) is the first to market with several funds that make super elite luxury cars into real asset investments. As a result of growing overseas demand couple

  2. Opalesque Exclusive: European stock-picking fund up 19% YTD, bets on small caps’ high cash level[more]

    Benedicte Gravrand, Opalesque Geneva for New Managers: Here is a European long/short equity fund that has been beating the odds since its 2008 inception by employing its own investment model, frequent company visits

  3. 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

  4. 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

  5. Opalesque Exclusive: Hedge fund replicators evolve[more]

    Bailey McCann, Opalesque New York: Hedge fund replicators as a group of products tend to get a bad rap from hedge fund managers who suggest that the best a replicator can offer is dynamic beta capture. A