Tue, Sep 16, 2014
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Alternative Market Briefing Weekly

Defined benefit plans prefer hedge funds: hedge fund news, week 07

Saturday, February 08, 2014

In the week ending 07 February, 2014, hedge funds outperformed the S&P500 in January this year said Bank of America Merrill Lynch. Bridgewater Associates’ Ray Dalio gained 1.1% while David Einhorn’s Greenlight RE was down 1.5% in January, and Dan Loeb’s Third Point dropped 1.8% during the same period; Bill Ackman’s Pershing Square gained 4% last month to beat S&P 500.

GAM’s monthly insight said that hedge funds failed to realize their monthly expectations because of weak emerging market; Citadel defied the market slump in January as its two flagship funds rose 3.4%; Goldfinch Capital gained nearly 21% last month betting on natural gas; Och-Ziff Capital reported a sharply higher quarterly profit that beat Wall Street analysts' forecasts; and Andrew Hall’s Astenbeck commodity hedge fund lost 8.3% in 2013.

Ex-Deutsche Bank mortgage trader Troy Dixon said he would launch a $200m hedge fund; Capri Capital Partners plans to raise $400m to launch its first India-dedicated real estate private equity fund; Matthieu Bosser launched a commodity long/short fund that will bet on end of secular bull market; and Arden Asset will offer a second fund to allow the Main Street invest into hedge funds.

Omni launched the Omni Secured Lending Fund focused on secured property lending market in the UK; Gottex Fund launched a Swedish multi-asset UCITs product on Folksam unit linked platform; and Bermudan reinsurer Swan Re launched a hedge fund reinsurer.

Exis Capital said it would shut down following poor performance last year.

The......................

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 - Big hedge funds show interest in Alibaba, Maglan joins other hedge funds in rush to Argentinian assets[more]

    Big hedge funds show interest in Alibaba From Hereisthecity.com: …Three other major hedge fund investors who have shown interest in the IPO are Dan Loeb of Third Point, David Tepper of Appaloosa Management and Dan Benton of Andor Capital Management. All three were among the roughly 800 p

  2. Investors looking at other sources for hedge fund-like returns[more]

    Komfie Manalo, Opalesque Asia: Investors who are always on the lookout for higher gains are looking at alternative sources of income, particularly exchange-traded fund industry that generates hedge fund-like returns, according to

  3. SEC charges Minnesota hedge fund manager with fraud[more]

    Bailey McCann, Opalesque New York: The SEC has brought charges against Minneapolis-based hedge fund manager, Steven R. Markusen for bilking investors out of fees and portfolio pumping. According to the complaint, the management fees earned by Archer Advisors LLC were shrinking due to the funds’ w

  4. …And Finally – Immature[more]

    From Newsoftheweird.com: Princeton University professor John Mulvey, 67 (who teaches financial engineering applications), was charged in July with stealing 21 yard signs around the town of Princeton -- signs for a computer repair business owned by a man with whom he was feuding. Nathan McCoy,

  5. Investors move capital out of Scotland ahead of referendum[more]

    Benedicte Gravrand, Opalesque Geneva: Ahead of Scotland’s independence referendum on September 18, asset managers, investors and pension savers are moving billions of pounds out of the country,