Fri, Jan 19, 2018
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Alternative Market Briefing Weekly

Hedge fund of funds post best results in four years, but investors still pull out - hedge fund news, week 02

Saturday, January 11, 2014

In the week ending 10 January, 2014, the HFRI Fund of Hedge Funds Index was up 1.2% in December (+8.7% in 2013), its highest return in four years; but despite the rebound in performance, according to eVestment, assets in funds of hedge funds are at an all-time low relative to their single manager counterparts.

Twins Cameron and Tyler Winklevoss are backing a new hedge fund run by Aalap Mahadevia called Briarwood Chase Management; Balter Capital Management’s new Long/Short Equity Fund was launched with $100m from Summer Road, a New York-based family office; Gregg Hymowitz raised $600m to back funds run by shareholder activists; and West Face Capital opened a $553m credit fund to finance companies.

Eagle River Asset, which closed down after its backer FRM Holdings pulled its investment, will return most of its investors money this month; JP Morgan A. M. is set to liquidate its alternative UCITS commodities fund next month following a drop in assets;

The HFRX Global Hedge Fund Index gained +0.56% in December (+6.72% in 2013; The Greenwich Global Hedge Fund Index rose +0.94% (+8.99% in 2013 YTD); The Lyxor Hedge Fund Indices gained 1.15% (+7.0% in 2013; The Bloomberg Hedge Funds Aggregate Index expanded by 0.1% (+7.4 in 2013 YTD); The Barclay Hedge Fund Index went up 1.28% (+11.28% in 2013; The Credit Suisse Liquid Alternative Beta Index was up 0.48 (+7.35% in 2013); The IQ Hedge Composite Beta Index up returned 0.39% (+3.62% in 2013; The HFRU Equity Hedge Index up gained 0.43% in (+8.67% in 2013; And the UCITS Alternative Ind......................

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. Legal - Former Och Ziff hedge fund executive indicted for fraud in Africa investment scheme, prosecutor says, Hedge fund blasts defense of Puerto Rico restructuring law[more]

    Former Och Ziff hedge fund executive indicted for fraud in Africa investment scheme, prosecutor says From CNBC.com: A former hedge fund executive faces federal charges for defrauding a UK-based charity over investments in Africa, according to a grand jury indictment made public Wednesday.

  2. U.S. economy, inflation and alternative investments to dominate 2018 markets, says family office Wilmington Trust[more]

    Komfie Manalo, Opalesque Asia: The emergence of a late-cycle economy in the U.S., the mystery of inflation and growth from a domestic and global perspective, and the potential for alternative investments to prosper against a backdrop of rich valuations, low yields, and higher volatility are the t

  3. Performance - Some hedge funds deliver double-digit gains for 2017, Brevan Howard's hedge fund suffers biggest annual loss in 2017, Crispin Odey's flagship hedge fund plummeted about 20% in 2017, Profits fall 90% at ex-Morgan Stanley banker's hedge fund, Fannie-Freddie overhaul might mint hedge fund riches, losses[more]

    Some hedge funds deliver double-digit gains for 2017 From Reuters/Investing.com: A handful of hedge funds ended 2017 with double digit returns, their investors said, at a time the $3 trillion industry took in fresh money and posted its best returns in years, industry data show. Act

  4. Investing - Hedge funds start 2018 with record $19 billion bet on the euro, Hedge fund Kora Management invests in Satin Creditcare[more]

    Hedge funds start 2018 with record $19 billion bet on the euro From Reuters.com: Hedge funds have kicked off 2018 with their biggest bet ever on the euro rising, a clear vote of confidence in the single currency but, with positioning so stretched, one which could backfire in the near ter

  5. News Briefs - Mobius to retire from Franklin Templeton, Authorities decrypt smart phone of Princeton grad charged with killing Manhattan hedge fund dad, Investigators seize (more) antiques from hedge-fund billionaire Michael Steinhardt's collection[more]

    Mobius to retire from Franklin Templeton Emerging markets pioneer Mark Mobius will be stepping down as executive chairman of the Templeton Emerging Markets Group (TEMG) and formally retire from Franklin Templeton on 31 January. He will also be relinquishing his post as portfolio manager