Wed, Dec 7, 2016
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Alternative Market Briefing Weekly

Pension fund trustees increasingly sure of the merits of hedge fund investing: hedge fund news, week 29

Saturday, July 20, 2013

A survey by Deutsche Bank showed that pension fund trustees are becoming increasingly sure of the merits of hedge fund investing; opportunities in health-care investing through hedge funds, private equity funds and long-only equity strategies seem to be drawing increasing interest from institutional investors, said PIonline.com; the Shropshire County Pension Fund pulled its investment with Man Group citing the hedge fund’s fees and poor performance; and Foundation Capital raised more than $2bn to buy stakes in large hedge funds. CalPERS reported a 12.5% return on investments for the 12 months up to June 30.

Data released by HFR showed that total hedge funds assets had increased by a net total of $40bn in 2Q13 to a record $2.41tln; data provider Eurekahedge said the June sell-off impacted hedge fund returns and resulted in a drop in assets of $20bn, and that the total size of the industry now stands at $1.89tn; and investors withdrew approximately $10.1bn in June and overall hedge fund industry AUM dropped by 2.5% to $2.656tn, said eVestment, another data provider.

In the week-ending 19 July 2012, it was reported that Ospraie Management partner Will Snellings would launch his own hedge fund, Marianas Fund; Sunofia Capital will launch a market neutral strategy to take advantage of short-ter......................

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. M&A - AllianzGI to acquire Sound Harbor Partners, SS&C completes acquisition of Wells Fargo's Global Fund Services business[more]

    AllianzGI to acquire Sound Harbor Partners Allianz Global Investors (AllianzGI), an active investment manager, announced that Sound Harbor Partners, a US private credit manager led by Michael Zupon and Dean Criares, have agreed to join its fast-growing Private Debt Platform. Under the te

  2. Hunt for yield pushes more investors into riskier assets[more]

    From FT.com: Pension funds and insurance companies have increasingly embraced riskier assets in their hunt for higher returns over the past five years. Alternative assets such as property, infrastructure, private equity and hedge funds have been bought up by institutional investors in a world where

  3. People - Nectar Financial hires senior investment team, Texas A&M replaces retiring foundation investment chief, Ex-Cadwalader partner Woolery makes another sudden exit, How to become a Python coder at a top hedge fund, by the co-CTO of Man AHL[more]

    Nectar Financial hires senior investment team Nectar Financial AG, a Swiss financial technology company for wealth and asset management, has announced that it has hired two key senior leaders to spearhead its digital asset management efforts. The company also announced that it has entere

  4. Activist News - Cognizant has introductory discussion with activist investor Elliott; to review letter, Starboard Value makes huge investment in Hewlett Packard, Hedge fund calls for removal of First NBC Bank CEO[more]

    Cognizant has introductory discussion with activist investor Elliott; to review letter From Indiatimes.com: Cognizant said it had an introductory discussion with Elliott Management after receiving the activist hedge fund's letter asking for a board shakeup, a buyback, a dividend and chan

  5. Opalesque Exclusive: Ireland relaxes treatment of direct lending funds[more]

    Bailey McCann, Opalesque New York: The Irish Central Bank has relaxed its treatment of direct lending funds, according to a recently released