Sun, Dec 21, 2014
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Alternative Market Briefing Weekly

New hedge fund launches rose in 2012: hedge fund news, Week 11

Saturday, March 16, 2013

In the week ending March 15, 2013, Hedge Fund Research reported that new hedge fund launches had risen at year end 2012, narrowly trailing total launches for 2011 as total hedge fund industry assets increased to a record of $2.25tln; former Frontpoint manager Thomas Monaco is to start an Asia-focused hedge fund; Malta-based hedge fund Exante launched the first bitcoin fund in the region; and former GLG partners Bart Turtelboom and Karim Abdel-Motaal are to initiate one of the largest European hedge funds this year.

Credit Suisse said it would close down its unit that invests in hedge funds and other investment managers in compliance with new rules.

The Hennessee Hedge Fund index reported gains of 0.23% in February (+3.01% YTD); Eurekahedge’s Hedge Fund Index was up 0.13% (2.34% YTD); The Barclay Hedge Fund Index reported that the sector profited 0.42%, and brought YTD returns at 2.92%; The SS&C GlobeOP hedge fund index gained 0.37% (+3.05% YTD); And the Barclay CTA Index was down 0.53% (+0.77% YTD).

As for performance, Chris Hansen’s Valiant Capital lost 7.44% in the fourth quarter of 2012, compared the S&P 500 stock index which fell just 1% during the period; Clareville Capital’s flagship fund, Pegasus, gained almost 16% in the first two months of 2013; UCITS hedge fund continued to underperform hedge funds, according to the latest study by Edhec Risk Institute.

According to the bi-annual Absolute Return Billion Dollar Club, some 269 American hedge fund managers are managing a combined assets of $1.46tln; a joint report by BarclayHedge and TrimTabs showed that the hedge fund industry took in $4.3bn in January 2013, compared with outflows of ......................

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. Investing - Big hedge funds win again on PetSmart, Riverbed, RBS sells real estate loans to hedge fund Cerberus, Talisman energy speculation: Which hedge funds could benefit?[more]

    Big hedge funds win again on PetSmart, Riverbed From CNBC.com: Another week, another set of wins for activist investors. On Sunday, pet supply retailer PetSmart agreed to the largest leveraged buyout of the year at $8.7 billion. Hedge fund firm JANA Partners had been pushing for a sale a

  2. Outlook - Hedge fund manager who remembers 1998 rout says prepare for pain, Bond guru Bill Gross predicts U.S. economic growth to dip to 2%[more]

    Hedge fund manager who remembers 1998 rout says prepare for pain From Bloomberg.com: Stephen Jen landed in Hong Kong in early January 1997 as Morgan Stanley’s newly minted exchange-rate strategist for Asia. He was soon working around the clock when investors began targeting the region’s

  3. Investing - Hedge funds get boost from healthcare in 2014, Paulson & Co takes stake in Salix on heels of inventory issues[more]

    Hedge funds get boost from healthcare in 2014 From Valuewalk.com: The healthcare sector started the year on a turbulent note, as stocks of many major biotechnology companies were battered. However, most of the players in this sector have bounced back. The BarclayHedge Healthcare & Biotec

  4. Opalesque Exclusive: U.S. legal receivables fund launched in August[more]

    Benedicte Gravrand, Opalesque Geneva for New Managers: Investing in asset-backed receivables is a strategy that has been an integral part of the alternative investment space within the overall fixed income asset c

  5. Comment - High fees and low performance hit hedge funds[more]

    From FT.com: Disenchantment over high fees and lackluster performance may finally be turning the tide against hedge funds, fresh data suggest. Despite generally weak returns since the global financial crisis, hedge funds have enjoyed positive net inflows every year since 2010. This helped assets und