Sat, Oct 1, 2016
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Alternative Market Briefing Weekly

Hedge funds finished October in the red amid trend reversals across several sectors: hedge fund news, week 45

Saturday, November 10, 2012

In the week-ending November 9th, 2012, it was reported that RWC Partners had launched a European activist fund for UK investors; Indian firm Karvi Group is to launch an equity and currency hedge fund; Forefront Alternative Investment Trust, another Indian firm, is to launch its first hedge fund too; Dromeus Capital is raising a new fund to profit from “outstanding” investment opportunities in Greece; and Mans Larsson, the former head of the London office at Canyon Capital Advisors, is set to launch a credit-focused fund early next year.

Matrix Group, a UK group of financial companies, tried to protect Matrix Group Ltd and Matrix-Securities Ltd and filed a notice of intention to appoint administrators; Opalesque later learned that Matrix’s property business would spin out, its fund of funds business, its structured finance business and its film investment business would be acquired by third parties, its money management business might also change hands, and its alternative asset management and its corporate capital businesses were in the process of winding down. A rising number of small hedge funds are shutting their doors, the FT reported.

The UCITS Alternative index Global ended October down -0.17% (0.81% YTD); The UCITS HFS Index reported a loss of -0.04% (2.73% YTD); The Credit Suisse LAB Index was down 0.64% (+2.31% YTD); The HFRX Global Hedge Fund Index lost 0.52% (est.) (+2.15% YTD); The Dow Jones Credit Suisse Core Hedge Fund Index closed down 0.47% (+2.03% YTD); The Greenwich Global Hedge Fund Index lost -0.56% (+4.11% YTD); The HFRI Fund Weighted Composite Index declined by -0.5% (4.33% YTD): The Lyxor Hedge Fund Index declined 0.6% (+1.6% YTD); And the Eurekahed......................

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: BlackRock taps Artivest for alternative investment platform partnership[more]

    Bailey McCann, Opalesque New York: BlackRock will be working with New York-based Artivest to provide a platform for broader distribution of BlackRock alternatives funds. Artivest is a technology-driven alternative investment platform that also offers brokerage services. BlackRock has approximatel

  2. Eden Rock buys Gottex stake in ERG Asset Management[more]

    Matthias Knab, Opalesque: Eden Rock Group announced the purchase of Gottex’s stake in ERG Asset Management and so the firm is now wholly owned by Eden Rock. The two firms established the joint venture in 2011 to focus on providing cost effective solutions to funds holding illiquid investments, as

  3. "Hedge fund industry needs to shrink"[more]

    Komfie Manalo, Opalesque Asia: Writing for CNBC, Josh Brown, creator of The Reformed Broker blog and financial advisor for Ritholtz We

  4. Strategy - Voyager Management wants to invest in smaller hedge funds[more]

    From Valuewalk.com: Voyager Management, a $475 million fund of funds, is looking to downsize the hedge fund’s in which they invest, looking for smaller funds with assets under management that enable the fund to be nimble. The fund is looking for noncorrelation and will consider long / short equity

  5. Asia - Quant hedge funds are China's hot new export, Europe banks return to Korean brokerage market; target debt, alternative products[more]

    Quant hedge funds are China's hot new export From Bloomberg.com: Add China’s quant shops to the list of hedge funds branching out across Asian markets. Quantitative money managers from the world’s second-largest economy are opening offshore funds at a never-before-seen pace, according to