Mon, Apr 27, 2015
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

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. U.S. does not want hedge funds to invest in offshore re-insurers for tax purposes[more]

    Komfie Manalo, Opalesque Asia: The U.S. Treasury Department on Thursday introduced a new rule aimed at limiting hedge funds’ ability to reduce their tax bills by investing in insurance companies in offshore tax havens. As a general rule, the U.S. tax laws does not allow hedge funds to use off

  2. Ruling: Hedge funds suing Argentina can have access to bond offering details[more]

    Komfie Manalo, Opalesque Asia: U.S. District Judge Thomas Griesa in Manhattan ruled yesterday that hedge funds are entitled to details of a recent bond offering by Buenos Aires, reports

  3. Hedge funds looking to continue their rally in Q2[more]

    Komfie Manalo, Opalesque Asia: Hedge funds finished the first quarter on a strong note and are looking to continue the rally in the second quarter, said Lyxor Asset Management in its Weekly Brief. The Lyxor Hedge Fund Index is up 0.4% over the week

  4. Hedge funds down -0.17% in March (+1.23%YTD)[more]

    Bailey McCann, Opalesque New York: The hedge fund industry produced an aggregate return of –0.17% in March to end Q1 2015 up 1.23%, compared to the S&P 500 which increased 0.96%, according to the latest data from eVestment. Hedge fund performance returns were mixed in March amid increased equity

  5. Fund managers express concern of overvaluation in both equity and bond markets[more]

    Komfie Manalo, Opalesque Asia: According to the BofA Merrill Lynch Fund Manager Survey, investors see growing overvaluations in both

 

banner