Wed, May 4, 2016
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Alternative Market Briefing Weekly

Largest U.S. hedge funds have $1.47tln in net assets and $1tln in borrowings, says SEC: hedge fund news, week 31

Saturday, August 03, 2013

In the week-ending 02 August 2013, it was reported that Alpinvesta had launched a fund of managed futures funds investment program; Consilium revealed its plan to launch its third buyout fund; former oil and natural gas trader Jonathan Goldberg will launch a commodities hedge fund this month; Man Group’s unit GLG Partners launched the GLG Total Return Fund; and Scotia Private Client Group launched the Scotia Long Short Equity Fund.

Roc Capital said it would close down its main hedge fund after losing money.

The Morningstar MSCI Composite Hedge Fund Index was down -0.2% in June (+7.2% YTD); The Citi Prime Financial Hedge Fund Index was down -1.42% to -1.33% over all strategies; And the BofAML flash return shows hedge funds were up 1.19% to July 24th (+3.74% YTD).

BlackRock Alternative Advisors analyzed the performance of 1,204 hedge funds and found that this year equity funds had on average generated alpha of only 0.9 percentage points despite an average total return of 6.6%, the highest of any of the strategies; Deepak Narula's main hedge fund fell 10.4% in Q2; the Canyon Value Realization Fund was up 8.18% in 1H, +10% YTD; and Brevan Howard’s EM Fund was down - 6.5% in June (-13.3% YTD). Morgan Stanley’s Adam Parker noted that hedge funds’ alpha generation capacity has severely lagged over the past years.

A report by the U.S. SEC showed that the nation’s largest hedge funds had $1.47tln in net assets and more than $1tln in borrowings in Q4; Man Group’s funds ......................

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. Hedge funds see $14.3bn outflows in Q1, CTAs and multi-strategy lead net inflows[more]

    Komfie Manalo, Opalesque Asia: The hedge fund industry saw net outflows of investor capital in the first quarter of the year, totaling $14.3bn, data from Preqin showed. This continues from the $8.9bn overall net outflows that funds recorded in Q4

  2. Third Point calls Q1 "catastrophic" for hedge funds[more]

    Bailey McCann, Opalesque New York: The first quarter of this year was rocky for hedge funds based on aggregate performance from the industry, but now we are beginning to hear what the managers thought of it as quarterly letters make their way to investors. Dan Loeb, CEO of New York-based $17 bill

  3. Asia - Stabilization of China's capital outflows may hinge on Janet Yellen, Fink says China to do well this year as bubble threat postponed, Chinese hedge fund to invest in India’s infrastructure[more]

    Stabilization of China's capital outflows may hinge on Janet Yellen From Bloomberg.com: Whether China’s recent stabilization of its currency and capital outflows continues -- or downside pressure reignites -- may hinge in large part on Janet Yellen. If the Federal Reserve chair sticks to

  4. …And Finally - After all, judges are human too[more]

    From Newsoftheweird.com: In March, one District of Columbia government administrative law judge was charged with misdemeanor assault on another. Judge Sharon Goodie said she wanted to give Judge Joan Davenport some files, but Davenport, in her office, would not answer the door. Goodie said once the

  5. Comment - Unmasking the men behind Zero Hedge, Wall Street's renegade blog[more]

    From Bloomberg.com: Colin Lokey, also known as "Tyler Durden," is breaking the first rule of Fight Club: You do not talk about Fight Club. He’s also breaking the second rule of Fight Club. (See the first rule.) After more than a year writing for the financial website Zero Hedge under the n