Thu, Nov 27, 2014
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Alternative Market Briefing Weekly

Institutional investments in hedge funds up 56% to $2.3tln by 2017: hedge fund news, week 20

Saturday, May 18, 2013

A Citi Prime Finance report said that global institutional investment in hedge funds would increase 56% to $2.3tln by the end of 2017 from the end of 2012, PIonline.com reported. Also, according to the FT, “the next source of growth for the hedge fund industry are the widows and orphans of the mutual fund market, according to Citigroup, which predicts that retail assets will more than triple to $940bn during the next four years, from $305bn at the end of 2012.”

In the week ending May 17, 2013, The FT said that Blackstone was preparing to launch a “super” hedge fund; John Paulson partnered with insurer Philadelphia Financial Group to offer a new fund that lowers U.S. taxes for investors; and Paris-based Syquant Capital has launched an ‘aggressive’ version of its top performing event driven Alt UCITS fund.

The Hennessee Hedge Fund index advanced +0.28% in April (+5.09% YTD); The HFRI Fund Weighted Composite Index gained 0.7% (+3.3% YTD) The Greenwich Global Hedge Fund Index returned 0.79% (+4.4% YTD) The Barclay Hedge Fund Index went up 0.75% (+4.96% YTD); The SS&C GlobeOp Hedge Fund Performance Index was up 1.44% (YTD gross 6.29%), as hedge fund flows advanced 0.63% in May; The RBC Hedge 205 Index rose 0.08% (+4.23% YTD); The Barclay CTA Index gained 1.11% (+2.11% YTD); and the systematic traders index was up 2.46% YTD; The BofA Merrill Lynch’s investable hedge fund index was up 0.93% (+4.54% YTD); And the HFRU Hedge Fund Composite Index rose +1.43% through mid-May (3.77% YTD).

Drury Capital defied the commodities ma......................

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 - George Soros puts $500m of his money on Bill Gross, Soros, Paulson backed Hispania Activos mulls Realia takeover, Ex-Credit Suisse trader’s hedge fund sees yen shorts as crowded, Hedge hunters double default-swaps as views split, Large hedge fund positions come under pressure, Vikram Pandit's fund picks 50% stake in JM Financial's realty lending arm for $87m[more]

    George Soros puts $500m of his money on Bill Gross From WSJ.com: Before Bill Gross was fully settled in at his new firm, Janus Capital Group Inc., he received an unlikely visit from the chief investment officer of famed investor George Soros ’s firm, according to a person familiar with t

  2. Unlucky Paulson & Co. rebrands $1.6bn Recovery Fund after 13% drop[more]

    From Businessweek.com: A maturing U.S. economic recovery is prompting Paulson & Co. to change course. The $19 billion hedge fund firm, led by billionaire John Paulson, told investors on a conference call this month that the Paulson Recovery Fund will be renamed Paulson Special Situations Fund on Jan

  3. Europe - Hedge funds face exit tax as Iceland central bank discusses plan[more]

    From Bloomberg.com: Hedge funds and other creditors with claims against Iceland’s failed banks face an exit tax as the island looks for ways to unwind capital controls without hurting the economy. The government targets having a plan it can present by year-end that would map out how Iceland will sca

  4. Opalesque Exclusive: Risk management emerges as a competitive focus area for hedge funds[more]

    Bailey McCann, Opalesque New York: Risk management has always been a core component of any trading strategy, as well as a critical part of business management. However, as macreconomic weakness persists, and alpha becomes increasingly hard to generate, risk management as emerged as a more promin

  5. Gross: Inflation is required to pay for prior inflation[more]

    Benedicte Gravrand, Opalesque Geneva: As inflation rises, every dollar will buy a smaller percentage of a good. While deflation will mean a decrease in the general price level of goods and services. These two economic conditions are both in the waiting room. The consensus would like the former to