Tue, May 31, 2016
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Alternative Market Briefing Weekly

Deutsche survey says hedge fund allocations may triple this year: hedge fund news, Week Nine

Saturday, March 02, 2013

In the week ending March 1, 2013, veteran managers Adam Wolfberg and Steven Landry teamed up to launch a new technology, media and telecom hedge fund; former GLG partner Raffaele Costa unveiled the first real estate hedge fund of his new firm Tyndaris, said to be one of the boldest start-ups since 2008; Revere Capital Advisors’ REM Founders Fund is now open to investors; Eric Halet, who stepped down from Algebris last year, will launch his new Silvaris global long/short equity strategy in the next few months; Eyck Capital Management will start its first fund, Eyck European Tactical Distressed Opportunities, on April 1, founder Khing Oei said; Napier Global Capital spun out of Citigroup; Tudor Investment is planning its first equity funds since stock manager James Pallota left the firm in 2009; and Morgan Stanley launched the MS Discretionary Plus UCITS Fund.

Gavea Investimentos closed down its high-yield credit fund after its head of private credit was hired by JPMorgan’s Brazilian unit; Savern River Capital said it would wind down its operations after a “challenging” investing environment; and State Street Global Advisors’ alternative unit SSARIS closed its Japanese fund of hedge funds due to dwindling assets and poor returns.

The Parker FX index was up +0.93% in January; and the Opalesque A SQUARE Index gained 1.39%.

Event-driven hedge fund JJN Capital Fund posted positive performance in January with 2.23% gains; and Fortress Investment said that its profit more than doubled in Q4-12 on higher fee income from managing funds.

According to Deutsche Bank......................

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. Americas - Australian banks sending U.S. hedge funds broke, Ryan Puerto Rico ‘rescue’ bill could be windfall for hedge funds[more]

    Australian banks sending U.S. hedge funds broke From SMH.com.au: US hedge funds are not having the best of years. Profits are hard to find, they're underperforming and the punters are losing patience, withdrawing US$15 billion ($20.8 billion) in the March quarter. They're expected to wit

  2. Investing - Billionaire Wilbur Ross likes the look of Chinese bad loans, Hedge funds are still relevant in a diversified portfolio: 4 fundamental criteria for superior manager selection[more]

    Billionaire Wilbur Ross likes the look of Chinese bad loans From Bloomberg.com: U.S. billionaire Wilbur Ross said he’s considering investing in nonperforming loans in China, as Moody’s Investors Service said that the nation has the tools to prevent a financial crisis in the near term. I’

  3. Investing - Blackstone gives pricey Canadian energy and property thumbs down, One of the most concentrated hedge fund bets is getting crushed, Facebook is hedge funds' new tech darling,[more]

    Blackstone gives pricey Canadian energy and property thumbs down From Bloomberg.com: Canada’s energy assets are uneconomic and real-estate markets overvalued, making them less attractive for investment than in the U.S. and elsewhere, according to Tony James, president of Blackstone Group

  4. Study - Only 30% of institutional hedge fund portfolios beat the benchmark[more]

    Bailey McCann, Opalesque New York: A new study from CEM Benchmarking, an independent provider of cost and performance analysis for pension funds, shows that only 30 percent of institutional investors hedge fund portfolios beat the benchmark after fees. The study provides in depth analysis of real

  5. Opalesque Exclusive: $1bn hedge fund club grows to 668 managers, continues to dominate (Part One)[more]

    Komfie Manalo, Opalesque Asia: Despite an underwhelming 2015 and a slow start to 2016 in terms of performance, one group of managers that continues to dominate the assets of the hedge fund industry is the so called $1bn club – hedge fund managers with at least $1bn in assets under management (AU