Sat, Apr 25, 2015
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Alternative Market Briefing Weekly

Hedge funds adopt a wait-and-see approach to compliance with AIFMD regulation: hedge fund news, week 41

Saturday, October 12, 2013

In the week ending 11 October, 2013, it was reported that hedge funds are adopting a wait-and-see approach to compliance with regulation due to the complexity of workload involved, according to Deutsche Bank's survey of European and US hedge fund managers.

MontLake, ML Capital’s UCITS-compliant funds platform, announced the launch of the FVC Alternative Risk Premia UCITS Fund, run by Future Value Capital; UK-based Ignis AM launched its latest absolute return strategy, the Ignis Global Macro Government Bond Fund, with £25m ($40m) seed money; Lone Pine Capital is launching Lone Tamarack, a long/short fund, in January’14; analyst Meredith Whitney is raising money for a new long/short equity hedge fund; and Orso Capital is to launch the Quadrant Plus Partners Strategy, an equity hedge fund.

Jeffrey Vinik, who shut his hedge fund earlier this year after returns slumped, is providing $20m in seed capital for an investment firm run by his former stock picker David Iben, said Bloomberg.

FX Concepts is to wind down its investment management business over the next few weeks due to heavy outflows; the Tiger Keystone Partners portfolio, which lost $1m last year, decided to shut down despite its $250m investment from Pennsylvania's state pension system, Philly.com reported; and Sweden-based quant hedge fund Density is to close down after a poor performance.

The Greenwich Global Hedge Fund Index rose 2.35% (est.) in September (6.07% YTD); The ......................

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. U.S. does not want hedge funds to invest in offshore re-insurers for tax purposes[more]

    Komfie Manalo, Opalesque Asia: The U.S. Treasury Department on Thursday introduced a new rule aimed at limiting hedge funds’ ability to reduce their tax bills by investing in insurance companies in offshore tax havens. As a general rule, the U.S. tax laws does not allow hedge funds to use off

  2. Ruling: Hedge funds suing Argentina can have access to bond offering details[more]

    Komfie Manalo, Opalesque Asia: U.S. District Judge Thomas Griesa in Manhattan ruled yesterday that hedge funds are entitled to details of a recent bond offering by Buenos Aires, reports

  3. Fund managers express concern of overvaluation in both equity and bond markets[more]

    Komfie Manalo, Opalesque Asia: According to the BofA Merrill Lynch Fund Manager Survey, investors see growing overvaluations in both

  4. Update: Wall Street has strong feelings about Jon Corzine trying to make a comeback[more]

    From Businessinsider.com.au: Former New Jersey Governor Jon Corzine is thinking about starting his own hedge fund, according to the Wall Street Journal, and because of the way his last firm imploded, Wall Street has strong feelings about that. “Truth is the larger seeders would never give him money

  5. Opalesque Exclusive: Cybersecurity and hedge funds - A manager’s experience, Part Four[more]

    Benedicte Gravrand, Opalesque Geneva: Ruane, Cunniff and Goldfarb, Inc. used to have their own IT infrastructure. Todd Ruoff, Executive Vice President in charge of trading, operations and technology, was responsible for its maintenance. Then he started looking at outsourced providers a couple of

 

banner