Tue, Feb 21, 2017
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Alternative Market Briefing Weekly

Hedge funds lag market, hope for turnaround year: hedge fund news, Week 12

Saturday, March 23, 2013

In the week ending 22nd March 2013, Shakil Ahmed, the quantitative "secret genius" who left Citi last month, apparently raised around $250m from Blackstone for his new fund, Princeton Alpha. Hedge fund firm Farallon Capital is raising capital for a new real estate fund; Lyxor Asset Management launched a new UCITS-compliant fund which aims to replicate Winton Capital Management Ltd.’s Diversified Program; and Swiss managed futures FoF specialist Alpinvesta launched the DNA Managed Futures Multi Strategy Fund.

The Emanagers Total Index gained 0.17% last month and is up 1.93% YTD; The Scotiabank Canadian Hedge Fund Index ended the month down 0.76% (0.70% YTD) on asset weighted basis; The UCITS HFS was up 0.08%, 1.28% YTD; The Newedge CTA Index was up 0.09%, 1.56% YTD; EDHEC-Risk Institute's Alternative Indexes showed modest gains, as stock markets continued to rise for the fourth consecutive month; The Dow Jones Credit Suisse Hedge Fund Index confirmed it finished the month up 0.24%, +2.31% YTD; The HFRX Global Hedge Fund Index gained +0.86% through mid-March, 3.29% YTD; And the HFRU Hedge Fund Composite Index gained +0.86% through mid-March, 2.26% YTD.

Hedge funds continue to lag the market, according to BofA Merrill Lynch Global Research; leading hedge fund managers are reaping some of their best performance in years with many now hopeful that 2013 will prove to be a turnaround year, claimed The FT; Eurekahedge revealed that the hedge fund sector has more than $1.8tln under management and enjoyed positive returns across all regions in 2012 – with Asia ex-Japan achievin......................

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. With $54bn in assets, Philippines is ready for hedge funds, alternative investment products[more]

    Komfie Manalo, Opalesque Asia: With the country's outstanding fund management industry at $54bn and growing, the Philippine market and its investors are ready to invest in "more sophisticated" asset management products, like hedge funds and alternative investments, said Deanno J. Basas, presi

  2. ...And Finally - Truth in advertising[more]

    From Newsoftheweird.com: Girl Scout Charlotte McCourt, 11, of South Orange, New Jersey, saw her sales zoom recently when she posted "brutally honest" reviews of the Scouts' cookies she was selling -- giving none of them a "10" and labeling some with dour descriptions. She was hoping to sell

  3. Europe - Brexit - Updated legal guide, Euro exchange rates set to tumble as hedge fund's super computer predicts Marine Le Pen will be next French president, Swiss fund market hits all-time high[more]

    Brexit - Updated legal guide From Herbertsmithfreehills.com: When we began analysing in depth the possibility of Britain exiting the EU (Brexit), 18 months prior to the June 2016 referendum, the business consensus was very much that Brexit was a remote prospect that either would never hap

  4. People - Gramercy appoints Bradshaw McKee as managing director of Capital Solutions, Trump taps Cerberus's Feinberg to lead intelligence review[more]

    Gramercy appoints Bradshaw McKee as managing director of Capital Solutions Gramercy Funds Management LLC, a $5.8 billion dedicated emerging markets investment manager, today announced the appointment of Bradshaw McKee to the position of Managing Director, Capital Solutions and Distressed

  5. Hedge fund investor redemptions accelerate through 2016[more]

    Despite hedge funds returning 7.40% over 2016, investors continued to withdraw capital over the year; the industry saw overall net asset outflows totalling $110bn in 2016. Preqin's latest research finds that the rate of redemptions accelerated through the year, from net outflows of $14bn in Q1 to $4