Fri, May 29, 2015
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Alternative Market Briefing Weekly

UK hedge funds might relocate: hedge fund news, week 49

Saturday, December 07, 2013

In the week ending 06 Dec, 2013, experts in Europe warned that UK hedge funds might relocate because of the governmentís crackdown on partnerships; the Co-operative Bank bondholders voted overwhelmingly to allow hedge funds to take major stakes in the new group; European charities have demanded to know why they were frozen out of the UK Royal Mail flotation; and European banks have turned to hedge funds to help them raise deeply subordinated hybrid capital in 2013.

Franklin Square Capital launched the FS Global Credit Opportunities Fund; former ICBC portfolio managers Kang Hao and Jimmy Weng said they would start a China fund with $100m in assets next year; former Man Group fund manager Richard Bateson left the firm to establish a new investment boutique; Asia Frontier Capital announced the launch of AFC Vietnam Fund; and Sciens Alternative launched a long-short credit sector focused European credit fund called Eiffel Credit Opportunities.

Meditor Capital is shutting its European equity fund, citing an internal review and new rules restricting short-selling.

The Emanagers Total Index gained 1.59% in October (+3.9% YTD); The Greenwich Global Hedge Fund Index rose +0.85% in November (+8.27% YTD); And the UCITS Alternative Index was up +0.49% (+3.71% YTD).

David Einhornís Greenlight Capital posted positive performance in November with 4.7% gains (19.1% YTD); Northwest Warrant Fund returned 203% in the first 10 months betting that Japanís stimulus will bolster stock prices; Clareville Capitalís Pegasus Fund wa......................

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. Investing - Hedge funds buy swathes of foreclosed subprimes, force up rents, float rent-bonds, Hedge funds buy Actavis, Valeant. ETFs join the party, The most loved biotechs of big hedge funds, Stocks to buy ... according to hedge funds, Atlantic City bond offering attracts hedge funds as buyers, Okumus Fund Management discloses huge new Ascent Capital Group stake[more]

    Hedge funds buy swathes of foreclosed subprimes, force up rents, float rent-bonds From Boingboing.com: When a giant hedge fund is bidding on all the foreclosed houses in a poor neighborhood, living humans don't stand a chance -- but that's OK, because rapacious investors make great landl

  2. Institutions - Institutional investors turn to real estate, planes, Assets at Bostonís five biggest family nonprofits rise to $3.5bn[more]

    Institutional investors turn to real estate, planes From Joins.com: The National Pension Service and domestic emerging market specialists who did not know where to invest in a low interest rate environment are turning to other investments like the blue-chip real estate market abroad.

  3. Regulatory - Hedge funds face tax as Iceland poised to end capital controls, Comment: Why alternatives need more transparency, not enforcement[more]

    Hedge funds face tax as Iceland poised to end capital controls From Bloomberg.com: Hedge funds and other investors who bought claims against Icelandís failed banks face a tax that targets the lendersí estates as the government prepares to unveil its plan for exiting capital controls in t

  4. Opalesque Exclusive: BMO launches multi-strat '40 act fund[more]

    Bailey McCann, Opalesque New York: As we reach new market highs, investors are looking for a way to diversify and protect their portfolios from a potential market correction. Liquid alternatives are rapidly gaining ground as a critical tool for investors to use to mitigate downside risk. The BMO

  5. All hedge fund strategies rebounded last week as market conditions normalize[more]

    Komfie Manalo, Opalesque Asia: After a difficult start this month, all hedge fund strategies ended last week in positive territory, as the Lyxor Hedge Fund Index gained 0.9% (-0.2% MTD, 3.3% YTD). According to Lyxor AMís latest Weekly Briefing, in t

 

banner