Wed, Oct 22, 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

Banner

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. Commodities - Oil wreaking havoc on small-cap energy stocks sliding 36%[more]

    From Bloomberg.com: Owning almost anything in the U.S. stock market has been a losing proposition since September. Owning smaller energy companies has been a catastrophe. Hercules Offshore Inc. and Resolute Energy Corp. are among 19 oil-and-gas equities in the Russell 2000 Index that lost more than

  2. Investing - Hedge funds favor equity long/short, Strategic bond managers hedge against further high yield sell-off[more]

    Hedge funds favor equity long/short From Securitieslendingtimes.com: Equity long/short strategies will generate good returns for hedge funds in the future, according to a panel at this year’s Risk Management Association Conference on Securities Lending in Naples, Florida. Panellists Sand

  3. Legal - Ex-hedge fund analyst weeps as judge hands down 5 year sentence, Former Columbus investment manager Steven P. Moore indicted on theft charges, SEBI confirms ban for Hong Kong hedge fund, SEC announces enforcement action against compliance officer[more]

    Ex-hedge fund analyst weeps as judge hands down 5 year sentence From Hereisthecity.com: An ex-hedge fund analyst was sentenced to 5 years in prison for his role in insider-trading scheme. The New York Post reports that former hedge fund analyst Matthew Teeple was sentenced Thursday to fiv

  4. Goldman in talks to acquire IndexIQ[more]

    From Bloomberg.com: Can Goldman Sachs put ETF investors on a liquid diet? Goldman is in talks to acquire IndexIQ, Reuters has reported. Index IQ is a small exchange-traded-fund firm known mostly for products that replicate hedge fund strategies, called "liquid alternative" ETFs. While IndexIQ has 11

  5. Other Voices: CALPERS dilemma should be a warning to hedge funds wanting institutional investors[more]

    From Ian Hamilton, founder of IDS Group. A quick comment on the CALPERS’ disinvestment from the hedge fund market and the jitters it is causing. Pension Funds should not be sheep and follow CALPERS’ decision as the issues that CALPERS has with hedge fund investments are in many ways unique t