Tue, Jun 30, 2015
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Alternative Market Briefing Weekly

Hedge funds returned to profits column in November: hedge fund news, week 49

Saturday, December 08, 2012

In the week-ending 07 December 2012, former Soros Fund founding manager William Seibold was reported to be planning to launch a distressed hedge fund for Europe; Blackstone is preparing to launch a portfolio of alternative strategies; Innocap Investment teamed up with Akira Capital to launch a commodity hedge fund; Fidelity Investment is offering its retail clients access to hedge-fund firms through a mutual fund launched in partnership with Arden A. M. Data provider Preqin said that a record 187 quant funds launched last year and account for 12% of all hedge fund start-ups since the financial crisis.

Hedge funds Kleinheinz Capital Partners and Corriente Advisors respectively sent letters to their investors to inform them they would close down and return their money; Apson Capital, which was seeded Oaktree Capital, will return money to investors, blaming the “lack of trends and low volatility across asset classes” for its closure; Tradex Global Advisors said it would shutter its flagship multi-strategy FoHFs at the end of the year and launch a series of concentrated sector FoHFs and single manager vehicles; and Diamondback Capital announced its decision to close down after panicky investors pulled out more than half a billion dollars in assets.

The Credit Suisse Liquid Alternative Beta Index fell -0.24% in November (+2.07 YTD); The Dow Jones Credit Suisse Core Hedge Fund index closed up 0.33% (+2.37% YTD); The Greenwich Global Hedge Fund Index increased +0.62% (4.90% YTD); The Lyxor Hedge Fund Index was up 0.41% (1.98% YTD); The IndexIQ Hedge Global Macro Beta Index was down -0.60% (+6.08% YTD); The Parker FX Index reported a -0.37% return (-1.28% YTD); eVestment HFN said hedge funds returned an average of 0.69% (5.97% YTD); The HFRX Global Hedge Fund Index was up 0.41% (+2......................

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: New systematic strategy managed alongside research firm outperforms S&P500[more]

    Benedicte Gravrand, Opalesque Geneva for New Managers: An emerging CTA manager explains how he runs his strategy, which is based on an index produced by a research firm. Peter Turk is head of

  2. Hedge funds panic over Greece[more]

    Komfie Manalo, Opalesque Asia: Some investors are in panic mode as Greek Prime Minister Alexis Tsipras announced Sunday night that the banks and the stock market would be closed Monday, said

  3. Alternative investment industry could grow to $13.6tln in five years[more]

    Komfie Manalo, Opalesque Asia: Leading auditing and advisory group PwC said that the global alternative investment industry, which includes hedge funds, private equity and real assets, is set to increase to $13.6tln within the next five years. "Be

  4. Qbasis gets $200m-plus investment in 'black swan' hedge fund[more]

    From Reuters.com: A hedge fund that more than doubled clients' money during the 2008 financial crisis has attracted more than $200 million from an investor aiming to cash in on fresh ructions in global markets. Qbasis Invest has secured the investment from Britain's Omada Capital, Florian Wagner, wh

  5. Outlook - Jim Rogers: Turmoil is coming[more]

    From Peakprosperity.com: Two years since his last interview with us, investor Jim Rogers returns and notes that the risks he warned of last time have only gotten worse. In this week's podcast, Jim shares his rational for predicting: increased wealth confiscation by the central planners

 

banner