Thu, Mar 22, 2018
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Alternative Market Briefing Weekly

Hedge funds returned around 1% in September but inflows slowed down: hedge fund news, week 41

Saturday, October 13, 2012

In the week-ending 12 October 2012, it was reported that Hong Kong-based Ardon Maroon Fund Management, which is run by former Wall Street bank executives, had launched an Asia-focused hedge fund with seed capital from a European family office; Peter Muller, founder of the proprietary trading group at Morgan Stanley, raised more than $500m from Blackstone Group for his stand-alone hedge fund; and Warren Ashenmil has reportedly left Tricadia Capital to start his own hedge fund called Jerica Capital.

Octavian Advisors, a $1bn hedge fund firm specializing in distressed investments, said it was shutting down following double-digits losses; the firm will start returning money to investors at the end of the year.

The HFRI Fund Weighted Composite Index was up1.1% in September (+4.7% YTD); The Bloomberg Global Aggregate Hedge Fund Index went up 0.6% (+3.6% YTD); The Lyxor Hedge Fund Index gained 0.2% (+2.2% YTD); The Hennessee index gained 1.26%, (5.03% YTD); The Eurekahedge Hedge fund index was up 2.63% in 3Q-2012 (+4.23% YTD); The Barclay Hedge Fund Index gained 1.79% (+5.99% YTD); The Greenwich Global Hedge Fund Index went up +0.99% (+4.6% YTD); And the SS&C GlobeOp Hedge Fund Performance Index showed that hedge funds were up 1.11% in September, but inflows were down.

Securitized credit funds returned +13.73% YTD versus +4.94% for the hedge fund aggregate’s performance, according to data from eVestment/HFN; Daniel Loeb’s Third Point reported positive performance YTD with 24% returns and is looking at increased opportunities in the last quarter; AM Capital credited vigorous research, buying or selling at opportunistic times and patience for its +41 % Q3 ......................

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. John Paulson, once the industry's largest hedge fund, to return some investors' money[more]

    Komfie Manalo, Opalesque Asia: John Paulson is reported to be retuning some of his investors' money as a number of his hedge funds continue to suffer setbacks, reports

  2. SEC charges Theranos CEO Holmes with fraud[more]

    Bailey McCann, Opalesque New York: The SEC has charged Elizabeth Holmes, founder and CEO of Theranos and its former President Ramesh "Sunny" Balwani with raising more than $700 million from investors through an elaborate, years-long fraud in which they exaggerated or made false statements about t

  3. Institutional Investors - Overdrawn pension fund scores gains[more]

    From Investments in big banks, pawn shops and rolling papers helped boost public safety workers' underfunded pensions this past calendar years, according to newly released figures. After recording middling returns in recent years, the Police & Fire Pension Fund (P&F) notched

  4. Hot hedge fund loses 21% after bet on volatility goes wrong[more]

    From In December, Shahraab Ahmad shared with his hedge fund clients the principle that helped him trounce peers for two turbulent decades: steer clear of the crowd. He'd turned $50 million into an operation with more than $700 million over three years and delivered market-beating retu

  5. Opalesque Exclusive: Northern Trust builds on blockchain-backed private equity solution[more]

    Bailey McCann, Opalesque New York: Private equity clients at Northern Trust can now carry out audits of private equity lifecycle events directly from the blockchain. Northern Trust, working with PwC and other audit firms in Guernsey, has added this feature to its existing solution set for private