Thu, Jul 31, 2014
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Alternative Market Briefing Weekly

Hedge funds suffer $8.6bn redemptions in June, most inflows go to Asian funds: hedge fund news, week 32

Saturday, August 10, 2013

In the week-ending 09 August 2013, TrimTabs and BarclayHedge reported that hedge fund investors redeemed $8.6bn in assets in June while HFR reported that net inflows to Asian hedge funds of $3bn exceed flows to both U.S. and European-focused funds in Q2.

The SEC found from its reportings that investors might have to wait more than a year to redeem more than three quarters of their assets from large hedge funds; Third Point Reinsurance said it plans to raise $322.2m in an initial public offering; Blackstone-backed Senrigan Capital received its first $13m in fresh fund; Innopac Holdings will issue 250 million new shares of Platinum Partners to raise $30.8m; Multiplicity Partners was awarded a $455m realization mandate by a large European bank.

Former RBS managing director Geoffrey Wallier launched a $40m Asia fund; and Perella Weinberg said it would launch a global macro alternative investment strategy.

The HFRI Fund Weighted Composite Index gained +1.4% in July (+4.73% YTD); The Bloomberg Hedge Funds Aggregate Index was up 0.6% (+3.2% YTD); The Greenwich Global Hedge Fund Index returned 1.15% (+4.22% YTD); The IndexIQ Hedge Global Macro Beta Index was up 2.25% (-1.50% YTD); The Credit Suisse Liquid Alternative Beta (LAB) Index was up 1.67% (+3.91% YTD); The Index IQ hedge fund replication Composite Beta Index rose 2.04% (0.14% YTD); And the UCITS Alternative Index was up 0.80% (+1.74% YTD).

Och-Ziff Capital reported a 15% rise in its Q2 profits on higher fees and lower taxes; David Ein......................

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 Roundtable: Success in hedge fund marketing not linked to performance, but investor appetite[more]

    Komfie Manalo, Opalesque Asia: Success in marketing a fund is not linked to the performance, but to investor appetite, to the way you can market the fund, and to how much time you can spend to raise assets, said Antoine Rolland, the CEO of incubator and seeding firm

  2. Hedge fund manager Winton Capital making headway with long-only strategy[more]

    From PIonline.com: North American investors are helping Winton Capital Management Ltd. make progress — albeit slowly — toward its founder's goal of becoming a $100 billion company. The firm's ticket to quadrupling its assets under management is unlikely to be one of its scientifically designed manag

  3. Opalesque Radio: Now is a good time to buy protection cheaply in the options market[more]

    Benedicte Gravrand, Opalesque Geneva: Investors are showing an increased interest in risk parity funds and strategies, Opalesque reported last year. Risk parity strategies have the

  4. The Big Picture: Charlemagne Capital smoothes risk out of frontier market investing with portfolio approach[more]

    Benedicte Gravrand, Opalesque Geneva: Opalesque recently talked to one of the portfolio managers of the Oaks funds, which are emerging and frontier market hedge funds focusing on equity long/short with a directional approach. They are run by

  5. Winton’s low-cost equities fund tops $1bn for first time[more]

    From FT.com: Winton, the London-based hedge fund, has increased the assets in its low-cost equities fund to more than $1bn for the first time in a sign that traditional stock managers may come under increasing pressure from computer-driven rivals. Winton, which manages about $25bn in total ass