Thu, Apr 27, 2017
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. Opalesque Exclusive: Ex-Man manager combines sustainable investing with AI/ML[more]

    Benedicte Gravrand, Opalesque Geneva for New Managers: Dr. Richard Bateson, quant fund manager and physicist, has recently

  2. Hedge funds holding Puerto Rico bonds are looking at a long battle[more]

    Komfie Manalo, Opalesque Asia: Hedge funds which bought Puerto Rico's distressed debt bonds are facing the prospect of a long road ahead to recover their investments as the Caribbean island is attempting to use a U.S. Congress-approved rule that allows it to exploit a bankruptcy-like proceedings

  3. Other Voices: "Winner-take-all" dynamics and hedge fund investing[more]

    A growing stream of thinking in microeconomics is the concept of "winner-take-all" dynamics. The idea seems simple. A combination of networking economics and classic economies of scale creates situations where there are just a few dominant firms or economic agents who are able to capture significant

  4. Investing - How Chipotle's comeback attracted big data robots and value investors alike[more]

    From Forbes.com: When William Ackman's ailing hedge fund Pershing Square Capital Management bet $1 billion on shares in Chipotle Mexican Grill beginning in July 2016, the stakes couldn't have been higher. Pershing Square was reeling from what would eventually be a near $4 billion loss in drugmaker V

  5. Service Providers - Colemore launches fee tracking service for limited partners[more]

    Following Colmore's successful launch in January 2017, the firm has announced the launch of FAIR.. FAIR is designed to help private equity investors independently validate fees and incentives charged by underlying managers, saving time and providing an extra level of comfort. There is a glob