Fri, Aug 29, 2014
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Alternative Market Briefing Weekly

Goldman Sachs’ 'hedge fund for the masses’ raised $58m in first month: hedge fund news, week 23

Saturday, June 08, 2013

In the week ending June 7, 2013, SunTx Capital partnered with Ron Dodson to launch IXTHYS Capital; former Mizuho trader Jeffrey Yap was reported to be launching a multi-strategy credit strategy; Valuewalk said CQS would launch a long/short equity hedge fund; and Spartan Fund has launched a discretionary fund onTREND.

Former JPMorgan trader Deepak Gulati raised about $300m in assets for his new hedge fund Argentiere Capital, said Bloomberg; and Goldman Sachs’ 'hedge fund for the masses’ raised $58m in first month.

Investec announced it was launching a UCITS-compliant version of John Stopford’s multi-asset fund; and Stockholm, Sweden-based RPM Risk & Portfolio Management launched the RPM Evolving CTA Fund targeting new and growing CTAs as Luxembourg‐domiciled fund (SICAV).

The HFRX finds Global Hedge Fund Index gained 0.75% in May (+4.55% YTD); The Parker FX index lost -0.90% in April (+0.94% YTD); The Credit Suisse Liquid Alternative Beta (LAB) Index was flat (+3.30% YTD); The BofAML investable hedge fund index was up 0.94% (+4.55% YTD); The Greenwich Global Hedge Fund Index was up +0.49% (+4.70% YTD); The Index IQ announces IQ Composite Beta was down 1.06% (+0.11% YTD) The UCITS Alternative Index Global gained 0.53% (+2.34% YTD); and the Morningstar hedge fund index was up 1.2% in April (+5.1% YTD).

Reuters reported that Dan Loeb’s Third Point offshore fund returned 14.7% through May on Japan bets; R. G. Niederhoffer ......................

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. Study shows what resonates with investors: 'Unwavering', 'passionate' beats 'committed', 'dedicated' and more surprises[more]

    Komfie Manalo, Opalesque Asia: A new study by Pershing Square, a unit of BNY Mellon company, showed that an effective value proposition strengthens audience connections and fosters growth, yet many advisors have had little objective guidance in formulating such statements until now. In the

  2. Comment – Why you should avoid the hottest hedge fund hands, Swedroe attacks Hussman over risk management, relative value strategy[more]

    Why you should avoid the hottest hedge fund hands FromCNBC/Yahoo.com: Investors who don't have money with Pershing Square Capital Management are likely salivating at the hedge fund's industry-leading 26 percent return from January through July. But investing with Bill Ackman and other to

  3. Hedge fund assets decline in July - eVestment[more]

    Bailey McCann, Opalesque New York: Total assets in hedge funds declined in July and dropped 0.49%, marking the industry's second monthly asset decline in 2014, according to the latest asset flows data from eVestment. Despite the asset decline, total industry AUM remained above the $3 trillion

  4. AIMA makes 'the case for hedge funds'[more]

    Bailey McCann, Opalesque New York: The Alternative Investment Management Association (AIMA), the global hedge fund industry body,

  5. Managed futures' global diversification is important in next phase of economic recovery[more]

    Komfie Manalo, Opalesque Asia: The global diversification provided by managed futures may prove to be extremely valuable as the markets enter the next phase of the economic recovery, said Campbell & Company, a pioneer in absolute return invest