Fri, Nov 24, 2017
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. Tourbillon Capital, a $3.4bn hedge fund that's been sounding the alarm about 'frothy speculation,' is suffering big losses[more]

    From Businessinsider.com: Tourbillon Capital, a $3.4 billion hedge fund firm led by Jason Karp, is suffering. The firm's flagship Global Master fund is down 3.5% for the first 17 days of November, bringing performance for the year to November 17 to a loss of 10.6%, according to a note to investors s

  2. Fund Profile - The Tiger of Silicon Valley: Glen Kacher's sizzling hedge fund[more]

    From Forbes.com: When you live and work in a town where the median home costs $2.7 million and hobnob with the executives of billionaire factories like Facebook and Tesla, it's easy to see why you might think technology stocks are invincible. So far in 2017, the Nasdaq Composite index has gained 25%

  3. Launches - Asset manager launches Europe's first bitcoin mutual fund, Prime Capital Aviation Debt Fund enables aviation debt investments for institutional investors[more]

    Asset manager launches Europe's first bitcoin mutual fund From Coindesk.com: A French asset manager has announced the launch of Europe's first mutual fund centered around bitcoin. Announced today, Tobam's alternative investment fund perhaps represents the latest bid to attract institutio

  4. Legal - Consumers say hedge fund financed illegal tribal lending, New York's highest court permits shareholder of a Cayman-incorporated company to bypass Cayman law and bring derivative action in New York[more]

    Consumers say hedge fund financed illegal tribal lending From Law360.com: Vermont residents on Tuesday hit a hedge fund with a proposed class action in federal court alleging it helped concoct a sham tribal payday lending scheme meant to skirt laws preventing companies from charging cons

  5. Investing - Tech still hedge funds' sweetheart sector: Goldman Sachs, Hedge funds haven't been this leveraged to buy stocks since the bull market began, Top financials hedge fund details short bet against Morningstar, Fund CRC presents an offer for Carige's consumer credit unit, Hedge funds sell shares in Altice USA after difficult quarter[more]

    Tech still hedge funds' sweetheart sector: Goldman Sachs From Reuters.com: Tech stocks remain the largest net sector exposure for equity hedge funds, which are set to deliver their strongest returns since 2013, Goldman Sachs said on Wednesday in a note on the industry's most and l