Fri, Feb 24, 2017
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Alternative Market Briefing Weekly

Goldman Sachs data shows, again, that S&P outperforms hedge funds YTD: hedge fund news week 48

Saturday, December 01, 2012

In the week-ending 30 November, 2012, it was reported that Muddy Waters’ founder Carson Block would launch a hedge fund that will short Chinese firms; Brummer & Partners raised $650m for its new Carve capital structure arbitrage strategy; Gramercy Advisors started a distressed credit fund with $200m in commitments; three former JPMorgan Chase and Barclays executives are planning to launch an energy hedge fund in January; Indian investment bank AGacquisitions is to launch its first hedge fund which will focus on index strategy; Newscape Capital Group launched a currency UCITS Fund; and EMCO Capital Advisers launched an alternative investment fund focused on investment in late night licensed venues in the UK. Portman Square Capital, a hedge fund to be launched by the former global head of proprietary trading at Citigroup, Sutesh Sharma, is more than half way off its launch target of $500m, Financial News reported.

Hedge fund manager Julian Barnett will shut down his Ridley Park Paragon long/short equity fund after two years, as he was unable to repeat the previous success of his Polar Capital fund.

'Alternative Alternatives' investment funds lost 1.42% in October on average (+1.99% YTD); And the Morningstar MSCI Composite Hedge Fund Index was down -0.8% that month (+4.0% YTD).

Goldman Sachs’ hedge fund trend monitor said that hedge fund returned 5.9 % on average whereas the S&P 500 was up by 14.5% at the end of Q3 (and Goldman Sachs' VIP Basket strategy returned 18.7%); Henderson’s Credit Alpha was up 5% in October; Fortress’ Macro Fund gained 12.75% YTD; the Howard Credit Catalysts returned 12.7% and saw AuM increase to $183.5m; Omega Advisors was up 27% YTD; s......................

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. People - Kuwait wealth fund head Al Saad said to step down after 14 years[more]

    From Bloomberg.com: Kuwait Investment Authority is set to name Farouk Bastaki as managing director, replacing Bader Al Saad who ran the world's fifth-largest sovereign wealth fund for 14 years, a person familiar with the matter said. The KIA, as the fund is known, is finalizing the appointment, said

  2. Investing - Hedge funds loading up on this dividend stock, The biggest hedge funds have been piling into bank stocks[more]

    Hedge funds loading up on this dividend stock From Incomeinvestors.com: Hedge funds are backing up the truck on Cameco Corp stock. Billionaire Jim Simons owns 389,000 shares. Other Wall Street titans - including Ray Dalio, Ken Griffin, and Chuck Royce - have been quietly building positio

  3. Legal - Fannie, Freddie shares dive after U.S. appeals court ruling[more]

    From Reuters.com: Shares of Fannie Mae and Freddie Mac tumbled more than 30 percent on Tuesday after a U.S. appeals court shut down efforts by hedge funds and other investors to pursue numerous legal claims accusing the U.S. government of seizing their profits following taxpayer bailouts. By a

  4. Institutional investors plan to raise allocations to alternative assets in 2017[more]

    Komfie Manalo, Opalesque Asia: A survey by Context Summits Miami showed that nearly 72% of institutional investors and family offices plan to raise their allocations to alternative asset managers this year, suggesting continued strong demand for the industry. "As many large, brand name f

  5. Comment - Mortgages, mergers and hedge fund fees, Fairholme's Berkowitz responds to court ruling against hedge fund suits of Fannie Mae[more]

    Mortgages, mergers and hedge fund fees From Bloomberg.com: Yesterday the U.S. Court of Appeals for the D.C. Circuit handed down an odd decision in a lawsuit over the government's nationalization of Fannie Mae and Freddie Mac. The key issue is what's called the "Third Amendment," the 2012