Mon, Oct 20, 2014
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Alternative Market Briefing Weekly

Majority of hedge funds exceeded performance expectations in 2013 : hedge fund news, week 05

Saturday, February 01, 2014

In the week ending 31 January, 2014, Preqin said that majority of investors believed hedge funds exceeded performance expectations in 2013; it added that Asia Pacific hedge funds were the top performers last year; Citi Prime Finance said composite hedge fund performance, equal-weighted across funds, rose between+0.56% and +1.1% in December 2013; Blackstone Group posted record fourth-quarter earnings as income more than doubled to $1.54bn from $670m a year earlier; CSV China Opportunities Fund reported strong performance in four years with 64% returns; Topni’s Asia Pacific long/short equity fund returned 15% in first three years since its launch in 2010; Gottex Fund’s portable alpha equity strategy gained 39% in 2013; and Deepak Narula’s flagship Mortgage Opportunities Fund ended 2013 up 0.53%.

Carrhae Capital said it was planning to launch a long-only fund next month; Lotus Peak said it would launch a fund of hedge funds riding on Japan’s so-called Abenomics; Aurum Funds said it would launch a fund of hedge funds which meets AIFMD-compliance rules; Marathon Asset started a second fund focused on distressed assets in Europe; and Context Capital joins the mutual fund arena with the launch of a multi-manager mutual fund.

Asian hedge fund PCA Investments said it would close down; Scout Capital said it would return $6.7bn to clients as co-founder Adam Weiss stepped back; and Joho Capital will liquidate after 18 yea......................

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 Roundtable: Where are all the good ESG hedge funds?[more]

    Benedicte Gravrand, Opalesque Geneva: What are the benefits of sustainable investing? Many pension funds look to focus on that angle to reflect their company’s good governance, but face many challenges while doing that. A portfolio manager at Univest, a large Dutch pension fund, discusses this is

  2. Bill Gross gives his first investment outlook for Janus fund[more]

    Bill Gross strikes a gloomy tone in his first note to investors at his new gig at Janus Capital. Bill Gross, the renowned bond fund manger, struck a pessimistic chord in his first note to investors at his new gig at Janus Capital. His notes, usually full of silly commentary and upbeat advice, took a

  3. Investing - Big investors move to shore up Fannie, Freddie trade, Two hedge funds eye $1bn support to Sahara to secure Subrata Roy's release[more]

    Big investors move to shore up Fannie, Freddie trade From Forbes.com: Two of the nation’s most prominent investors who have been leading the charge to make a big score out of the shares of Fannie Mae and Freddie Mac moved on Friday to shore up shares of the mortgage giants that plunged r

  4. 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

  5. Hedge funds post negative returns in the third quarter[more]

    Bailey McCann, Opalesque New York: Q3 hedge fund returns were negative, marking the industry's first quarterly decline since Q2 2013 according to the latest hedge fund data from eVestment. Emerging markets saw losses more than twice that of developed markets. Declines from funds investing in