Tue, Oct 21, 2014
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Alternative Market Briefing Weekly

Hedge funds attracted $360bn new money this year: hedge fund news, week 50

Saturday, December 14, 2013

In the week ending 13 December, 2012, Preqin said hedge fund managers attracted some $360bn in fresh assets this year despite lagging performance. Meanwhile BarclayHedge and TrimTabs said hedge fund investors redeemed $2.2bn (0.1% of assets) in October, the second highest this year. According to Nasdaq, the combined assets of ETFs and ETPs have surpassed or are posed to surpass assets invested in hedge funds.

Data compiled by Bloomberg showed that the hedge fund industry is headed for its worst annual performance compared to U.S. stocks since 2005; and AIMA said the decline in hedge funds returns is a sign of changing investor’s sophistication but does not mean the industry is less attractive.

Alp Ercil raised $1.1bn for one of the biggest hedge fund launches in Asia this year; Greg Lippmann’s LibreMax is to start a fund that will invest in private student-loan debt; and Coeli Asset and IMQubator launched the Coeli Macro strategy on dbSelect.

The HFRI Fund Weighted Composite Index posted its 11th gain in 13 months and is up 1.03% in November (8.31% YTD); The Eurekahedge Hedge Fund Index was up 1.37% (+7.39% YTD); The Lyxor Hedge Fund Index posted almost1% (+5.8% YTD); The Credit Suisse Liquid Alternative Bet Index gained 0.77% (+3.08% YTD); The SS&C GlobeOp Hedge Fund Performance Index returned 1.47% (+11.54% YTD); eVestment data showed that hedge funds posted +1.1% in November of (+8.2% YTD); And the UCITS HFS Index experienced slow down and gained 0.27% (3% YTD).

Most of John Paulson’s hedge funds, including his fla......................

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. Opalesque Exclusive: What's next for trend followers?[more]

    Bailey McCann, Opalesque New York: New research out from Ibbotson touches on a key debate happening among investors and fund managers, specifically whether long term trend followers can survive in the new

  2. Commodities - Oil wreaking havoc on small-cap energy stocks sliding 36%[more]

    From Bloomberg.com: Owning almost anything in the U.S. stock market has been a losing proposition since September. Owning smaller energy companies has been a catastrophe. Hercules Offshore Inc. and Resolute Energy Corp. are among 19 oil-and-gas equities in the Russell 2000 Index that lost more than

  3. Investing - Hedge funds favor equity long/short, Strategic bond managers hedge against further high yield sell-off[more]

    Hedge funds favor equity long/short From Securitieslendingtimes.com: Equity long/short strategies will generate good returns for hedge funds in the future, according to a panel at this year’s Risk Management Association Conference on Securities Lending in Naples, Florida. Panellists Sand

  4. Legal - Ex-hedge fund analyst weeps as judge hands down 5 year sentence, Former Columbus investment manager Steven P. Moore indicted on theft charges, SEBI confirms ban for Hong Kong hedge fund, SEC announces enforcement action against compliance officer[more]

    Ex-hedge fund analyst weeps as judge hands down 5 year sentence From Hereisthecity.com: An ex-hedge fund analyst was sentenced to 5 years in prison for his role in insider-trading scheme. The New York Post reports that former hedge fund analyst Matthew Teeple was sentenced Thursday to fiv

  5. Sparx optimistic about outlook for Japan[more]

    Benedicte Gravrand, Opalesque Geneva: According to SPARX, there are causes to be optimistic about the outlook for the Japanese market and the country's economy in general. Sparx Asset Management is a Tokyo-based asset manager, part of