Mon, Jun 27, 2016
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 Roundup: Hedge funds shrink as liquidations outpace new launches in Q1: hedge fund news, week 27[more]

    In the week ending 17 May, 2016, HFR said hedge fund liquidations declined narrowly to begin 2016 after rising sharply to conclude 2015, as investors positioned f

  2. Europe - Hedge funds keep powder dry over big Brexit bets, Hedge funds sense profit in Europe shock waves after Brexit vote, Soros warns Brexit may cause pound plunge worse than Black Wednesday, After Brexit: What will happen if Britain votes to leave the UK?[more]

    Hedge funds keep powder dry over big Brexit bets From FT.com: Hedge funds are shying away from big bets on Brexit, with many unwilling to risk further losses having already suffered a painful first half of the year. With the outcome of a UK vote on the country’s membership of the Europea

  3. News Briefs - ’Flash Boys’ get green light to launch stock exchange, Pimco says ‘storm is brewing’ in U.S. commercial real estate, Bankers get ready to rumble at Hedge Fund Fight Night, AIMA Australia celebrates 15th anniversary[more]

    ’Flash Boys’ get green light to launch stock exchange In an investing environment ruled by fast, the newest U.S. public stock exchange is banking on slow. Well, slower. IEX Group, which won Securities and Exchange Commission approval on Friday to go head-to-head with the New York Stock E

  4. Blackstone buys minority stake in New York-based credit hedge fund Marathon[more]

    Benedicte Gravrand, Opalesque Geneva: Blackstone Strategic Capital Holdings Fund, a vehicle managed by Blackstone Alternative Asset Management (BAAM), has acquired a passive, minority interest in Marathon Asset Management, for an undisclosed sum. Based in New York,

  5. Global markets fell, hedge funds gain in mid-June on Brexit, Fed rate concerns[more]

    Komfie Manalo, Opalesque Asia: Global financial markets declined through mid-June, as uncertainty associated with the upcoming Brexit referendum and expected U.S. Fed interest rate hike contributed to increases in volatility across asset classes, data provider