Wed, Oct 1, 2014
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 government’s 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 Einhorn’s 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 Japan’s stimulus will bolster stock prices; Clareville Capital’s Pegasus Fund wa......................

To view our full article Click here

Banner

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. Legal - Court throws out lawsuits related to Fannie Mae, Freddie Mac profits, Insider case by SEC is a step removed from Herbalife itself, SEC grants Citigroup waivers, easing hedge-fund curbs[more]

    Court throws out lawsuits related to Fannie Mae, Freddie Mac profits From WSJ.com: A group of Wall Street investors on Tuesday suffered a blow in their attempts to sue the federal government over their treatment of the shareholders of mortgage finance giants Fannie Mae and Freddie Mac af

  2. CalPERS’ move might alter hedge fund fees for good[more]

    Benedicte Gravrand, Opalesque Geneva: When CalPERS, the California Public Employees’ Retirement System, announced on September 15th that it was unwinding its hedge-fund portfolio, it was seen by many as is a significant blow to the sector’s appeal. The Fund is

  3. Opalesque Exclusive: Institutions eye private credit over traditional fixed income[more]

    Bailey McCann, Opalesque New York: Investing in private insurance, realty tax receivables, or investment-grade short-term accounts receivable may not spring to mind as a means of mitigating risk in a portfolio, but one firm, New York-based BroadRiver Asset Management is out to change all that. Th

  4. Short-term trading quant fund beats S&P since '09[more]

    Benedicte Gravrand, Opalesque Geneva for New Managers: A relatively new multi-strategy, market-neutral quantitative hedge fund has managed to outperform the S&P500 and the HFRX Global since 2009. New Jersey-ba

  5. Unconstrained bond funds: Where hedge fund strategies meet mutual funds[more]

    From CNBC.com: For all the talk and buzz around indexes, or passive investing, the next big thing for bond mutual fund investors may be strategies that are the exact opposite. The rapid growth of "unconstrained bond funds" has been thrust into investor spotlight given last Friday's stunning news tha