Mon, Aug 3, 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. Opalesque Exclusive: Despite bumpy June/July, CTAs hold on[more]

    Bailey McCann, Opalesque New York: To say that things have been rocky in managed futures recently is putting it mildly. In June, the industry saw its worst month on a performance basis in the past four years. Then yesterday,

  2. Investing - Hedge fund billionaires bet on London as revival gathers pace[more]

    From Bloomberg.com: London’s fund industry is bouncing back, and U.S. billionaires Steven A. Cohen and Ken Griffin are grabbing a piece of the action. Griffin’s Citadel and Millennium Management, a hedge fund run by Israel Englander, have bulked up in London, where asset growth is outpacing the U.S.

  3. Other Voices: Same day reporting and the evolving role of fund administrators[more]

    By: Scott Price, Head of Business Development and Client Management for North America, Maitland Ernst & Young’s latest glob

  4. Opalesque Roundup: Hedge fund assets rose to 11th consecutive quarterly record level: hedge fund news, week 31[more]

    In the week ending 24 July, 2015, the total global hedge fund industry assets rose to the 11th consecutive quarterly record level in 2Q15 to $2.97tln; Eurekahedge reported that hedge funds raised $93bn in the first six months of 2015; The SS&C GlobeOp Forward Redemption Indicator for July 201

  5. Cowen Group, Inc. to acquire Conifer Securities[more]

    Cowen Group, Inc. and Conifer Securities, LLC had announced the signing of a definitive agreement under which Cowen will acquire Conifer Securities, the prime services division of Conifer Financial Services LLC. The transaction, the terms of which have not yet been disclosed, was approved by the boa

 

banner