Fri, Aug 29, 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. Study shows what resonates with investors: 'Unwavering', 'passionate' beats 'committed', 'dedicated' and more surprises[more]

    Komfie Manalo, Opalesque Asia: A new study by Pershing Square, a unit of BNY Mellon company, showed that an effective value proposition strengthens audience connections and fosters growth, yet many advisors have had little objective guidance in formulating such statements until now. In the

  2. Institutions – Texas Employees sets 2015 tactical plan for alternatives, CalPERS' real estate consultant cautions the pension fund's investment committee, Why Sunsuper likes hedge funds[more]

    Texas Employees sets 2015 tactical plan for alternatives From PIOnline.com: Texas Employees Retirement System will invest in up to four new hedge funds in the next fiscal year, which begins Sept. 1. Trustees approved 2015 tactical investment plans for the hedge fund, private equity and in

  3. Hedge fund assets decline in July - eVestment[more]

    Bailey McCann, Opalesque New York: Total assets in hedge funds declined in July and dropped 0.49%, marking the industry's second monthly asset decline in 2014, according to the latest asset flows data from eVestment. Despite the asset decline, total industry AUM remained above the $3 trillion

  4. AIMA makes 'the case for hedge funds'[more]

    Bailey McCann, Opalesque New York: The Alternative Investment Management Association (AIMA), the global hedge fund industry body,

  5. Managed futures' global diversification is important in next phase of economic recovery[more]

    Komfie Manalo, Opalesque Asia: The global diversification provided by managed futures may prove to be extremely valuable as the markets enter the next phase of the economic recovery, said Campbell & Company, a pioneer in absolute return invest