Fri, May 22, 2015
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. Comment - Top hedge fund managers talk about how easy their jobs have gotten, BlackRock to Schroders warn of Argentina’s $20bn bond glut, The 35-year “investment supercycle” is drawing to a close, says Bill Gross, Gundlach: When the Fed starts hiking rates, 'GET OUT' of this asset class[more]

    Top hedge fund managers talk about how easy their jobs have gotten From Businessinsider.com.au: Time was, before the financial crisis hit, corporate boards treated multi-billion dollar hedge fund managers like Jehovah’s Witnesses pounding on their doors and flashing bibles. But no more.

  2. T Rowe's challenge to Dell deal may fuel critics of 'appraisal'[more]

    From Reuters.com: An increasingly popular tactic used by hedge funds and others to extract more money from buyouts could soon face a major courtroom test when a big investor in Dell Inc may argue that it should be paid a higher price for the 2013 acquisition of the PC maker. The strategy, known as "

  3. News Briefs - Ergen says LightSquared plan unfairly favors hedge funds, Why hedge fund managers make good advisory clients, I learned a lot about dad-bros after spending 4 days in Vegas with 2,000 hedge funders[more]

    Ergen says LightSquared plan unfairly favors hedge funds LightSquared Inc.’s bankruptcy plan gives hedge funds that invested in the broadband company a leg up while blocking telecommunications firms from competing with it, a fund owned by Dish Network Corp. Chairman Charles Ergen said in

  4. Opalesque Exclusive: Ovation Partners targets opportunities where few "natural lenders" participate[more]

    Benedicte Gravrand, Opalesque Geneva for New Managers: Changes in financial regulations post-2008 (Dodd-Frank and Basel III) are forcing banks to significantly alter their core lending businesses. And as mid-sized

  5. Opalesque Exclusive: A lot of hedge fund investors are beginning to recognise the need for ongoing cyber threats monitoring[more]

    Benedicte Gravrand, Opalesque Geneva: Corporate Resolutions Inc. recently formed a strategic partnership with iThreat Cyber Group. The two companies have worked together for years, assisting clients when challenging

 

banner