In the week-ending 16 August 2013, it was reported that the data collected under Dodd-Frank Act showed that hedge funds assets topped $4tln, the SEC said.
Blackstone and Fidelity have teamed up to launch retail hedge fund Blackstone Alternative Multi-Manager Fund; and three former Goldman Sachs managing directors are reported to be planning to launch an Asia multi-strategy hedge fund.
CTA specialist RPM and Privium Fund Management are set to launch the “Evolving CTA Fund”; and Polar Capital said it would launch a UCITS global convertible fund.
The Hennessee Hedge Fund Index gained +1.82% in July (+6.91% YTD); The Barclay Hedge Fund Index rose 1.73% (+5.86% YTD); The SS&C GlobeOp performance index was up 1.52% (+6.55% YTD); Lyxor reported positive gains of 1.32% (+3.19% YTD); The Eurekahedge Hedge Fund Index was up 0.90% (+3.3% YTD) ; The RBC Hedge 250 Index was up +1.05% (+4.87% YTD); The Credit Suisse Hedge Fund Index finished up 0.88% (+4.59% YTD); And the Barclay CTA Index was down 0.57% (-1.58% YTD).
Brookfield Asset reported strong performance with 72% profits in Q2; James Dinan’s York Capital gained 2.7......................
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