Mon, Jun 25, 2018
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. Paper: The performance of stocks actively pitched by hedge funds[more]

    Using a novel dataset drawn from investment conferences from 2008 to 2013, I show that hedge funds take advantage of the publicity of these conferences to strategically release their book information to drive market demand. Specifically, hedge funds sell pitched stocks after the conferences to ta

  2. North America - US fundraising for special purpose acquisition vehicles hits record this year[more]

    From AFR.com: Special purpose acquisition vehicles (spacs) are hitting the US market at the fastest rate on record, attracting the likes of Goldman Sachs and hedge fund investor Daniel Loeb for the two largest such deals in 2018. Spacs have raised $US4.5bn so far in 2018, the largest amount fo

  3. Investing - Man Group and AQR try to take aim at private equity industry, Hedge funds poised to be winners in AT&T-Time Warner deal[more]

    Man Group and AQR try to take aim at private equity industry From FT.com: The popularity of private equity investments has prompted asset managers such as Man Group and AQR to devise strategies that aim to replicate PE returns but at a much lower cost to investors. Both companies a

  4. News Briefs: David Stemerman's hedge fund holdings shrank before his run for governor, nvestment manager TSW triggers succession plan, Alan Howard joins Peter Thiel investing in Cologne-based fintech startup[more]

    David Stemerman's hedge fund holdings shrank before his run for governor But the U.S. holdings of Stemerman's Greenwich hedge fund, Conatus Capital, shrank from $2.6 billion at the apex to just over $1 billion before he announced his move into politics. (Hartford Courant) Inv

  5. British Empire: Pershing's 23% discount 'unsustainable'[more]

    From Citywire: The wide discount on Pershing Square Holdings (PSH) is 'unsustainable' and puts star hedge fund manager Bill Ackman under pressure, says British Empire (BTEM). Pershing is the third largest holding in the £850 million British Empire trust, managed by Joe Bauernfreund, which sp