Wed, Jul 30, 2014
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Alternative Market Briefing Weekly

Hedge funds assets rose as inflows outpaced losses : hedge fund news, week 44

Saturday, November 02, 2013

In the week-ending 01 Nov, 2013, it was reported that according to Citi analyst Sandy Kaul, hedge funds assets increased as inflows outpaced losses; Fortress Group raised $2bn in assets for its alternative investment businesses in Q3; several hedge funds were said to have raised $200m for California-based platform Snapchat; and North Street Global Fund reported an increase of $445m in assets from six new hedge fund clients.

eFinancial news rounded up the five biggest hedge fund launches in 2012, including Frere Hall Capital Management, Hengistbury Investment Partners, Naya Management, Stone Milliner Asset Management and Verrazzano Capital; Wayne Yu announced he would start a new hedge fund with $250m seed capital from SocGen; Cerberus Capital started the commercial mortgage debt fund Cerberus CMBS Opportunities Fund; Bill Fleckenstein of Fleckenstein Capital said he plans to start a new short-only stock fund early next year; Doug Gordon, Jon Hilsabeck and Don Jabro have opened their own equity hedge fund startup after the closure of Vinik Asset; and Monnelly and David Bonnier have started a new London-based hedge fund earlier this month to bet on falling stocks globally.

London-based Old Park Capital has launched an offshore fund called the Maestro Fund.

Harcourt launched to UCITS funds, the Vontobel Fund – Pure Momentum Strategy and the Vontobel Fund – Pure Dividend Strategy; and Neuberger Berman announced the launch of the Neuberger Berman Absolute Return Multi-Strategy Fund.

Oakley Capital closed its commodities fund of hedge funds as performance across the industry retreated for a third year; and Ziff Brothers announced plans to gradually shut down its U.S. hedge fund.

The Mornings......................

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. Hedge fund manager Winton Capital making headway with long-only strategy[more]

    From PIonline.com: North American investors are helping Winton Capital Management Ltd. make progress — albeit slowly — toward its founder's goal of becoming a $100 billion company. The firm's ticket to quadrupling its assets under management is unlikely to be one of its scientifically designed manag

  2. Opalesque Roundtable: Success in hedge fund marketing not linked to performance, but investor appetite[more]

    Komfie Manalo, Opalesque Asia: Success in marketing a fund is not linked to the performance, but to investor appetite, to the way you can market the fund, and to how much time you can spend to raise assets, said Antoine Rolland, the CEO of incubator and seeding firm

  3. Opalesque Radio: Now is a good time to buy protection cheaply in the options market[more]

    Benedicte Gravrand, Opalesque Geneva: Investors are showing an increased interest in risk parity funds and strategies, Opalesque reported last year. Risk parity strategies have the

  4. The Big Picture: Charlemagne Capital smoothes risk out of frontier market investing with portfolio approach[more]

    Benedicte Gravrand, Opalesque Geneva: Opalesque recently talked to one of the portfolio managers of the Oaks funds, which are emerging and frontier market hedge funds focusing on equity long/short with a directional approach. They are run by

  5. Winton’s low-cost equities fund tops $1bn for first time[more]

    From FT.com: Winton, the London-based hedge fund, has increased the assets in its low-cost equities fund to more than $1bn for the first time in a sign that traditional stock managers may come under increasing pressure from computer-driven rivals. Winton, which manages about $25bn in total ass