In the week ending April 26, 2013, Lyxor Research predicted that risk assets were set to generate positive returns for the rest of 2013, driven by a slowly expanding global economy and ultra accommodative monetary policy.
Stenham A.M. reportedly launched two new funds of hedge funds, one focusing on credit, the other on healthcare; former UBS credit trading head Yassir Benjelloun-Touimi started a new hedge fund called Arcade Capital, said Reuters; ex Millennium portfolio manager Eduardo Abush was said to be preparing to launch a real estate equity hedge fund; BlueCrest Capital is moving back into equities and prepping what could be one of the biggest new fund launches in Europe, HFI reported; and KeyQuant announced the launch of the swap-free Key Trends UCITS Fund.
The Opalesque Emanagers Total Index index gained 0.66% in March (+2.51% in Q1); The Opalesque A SQUARE Index was up 0.07% (+0.14% in Q1); The Scotiabank Canadian Hedge Fund Index went up +1.26% (+1.97% YTD) on an asset weighted basis; And the Morningstar MSCI Composite Hedge Fund Index was up +1.5%, (+4.0% in Q1).
The latest study from Preqin revealed that long/short hedge funds outperformed other strategies in Q1 2013 with cumulative net returns of 4.43%.
LNG’s 'small and nimble’ European ......................
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