Wed, Aug 23, 2017
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Alternative Market Briefing Weekly

Global asset management industry to reach $100tln by 2020: hedge fund news, week 08

Sunday, February 16, 2014

In the week ending 14 February, 2014, PricewaterhouseCoopers predicted the global asset management industry would grow to $100tln by 2020; BarclayHedge and TrimTabs Investment Research said hedge funds sustained $10bn in outflows in December 2013; and LG Capital Fund raised a total of $59.9m from investors as of Jan. 29.

The South African hedge funds space showed steady growth in assets to reach $4.3bn in 2013.

The Asian hedge fund industry surged to record $112.3bn in 2014 due to continued investor inflows.

Alternative UCITS funds continued to grow and registered positive inflows in Q4-13 as assets reached 112.1bn Euro.

Two former top traders at Goldman Sachs and Noble Group plan to launch a hedge fund in Asia; Permal Group launched its first open end alternative mutual fund, Permal Alternative Select Fund; Maven Securities said it would spin out its most successful trading strategies into a hedge fund; ex-Soros money manager Ahmad Zuaiter said he would start a hedge fund that will invest in Argentina, Nigeria, Vietnam and “frontier markets” such as Pakistan, Morocco, Zimbabwe, Iraq and the United Arab Emirates; Arden Asset said it would launch its second fund to give retail investors access to hedge funds; and Global X said it plans to expand its line of ‘guru’ ETFs.

Brevan Howard is shutting down its Emerging Markets Strategies Master Fund after suffering 15% losses in 2013 and the departure of Geraldine Sundstrom.

Religare Global Asset Management plans to seed half a dozen new funds across different strategies to create a multi-boutique alternative asset management platform.

The HFRI Fund Weighted Composite Index posted a decline of -0.6% in January; The Greenwich Global Hedge Fund Index fell 0.73%; The SS&C GlobeOp Hedge Fund Performance Index gained 1.39%; The eVestment’s aggregate hedge fund performance was down 0.56%; And Hedge funds were down 0.44%, beat markets by more than 3......................

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. Opalesque Exclusive: Albright Capital puts a value lens on emerging markets[more]

    Bailey McCann, Opalesque New York: Over the past decade, investors have steadily increased investments in emerging markets private funds. Allocations to the cohort have increased from $93 billion in December 2006 to $564 billion in September 2016, according to data from research firm Preqin. Howe

  2. FinTech - Danger: Crowdfunding on the wrong platform could force you to go public[more]

    From LinkedIn.com: Some equity crowdfunding platforms are putting startups at serious risk. Working with a platform that doesn't structure your deal appropriately could jeopardize your ability to raise future capital or worse, force you to become a public reporting company. The emergence of eq

  3. David Tepper says we're 'nowhere near an overheated' stock market[more]

    From Marketwatch.com: Billionaire David Tepper thinks comparing this current stock-market environment with the overheated markets of 1999 is "ridiculous." The hedge-fund manager, who runs Appaloosa Management, told CNBC in a phone interview on Tuesday that the market's record run, notwithstanding la

  4. Opalesque Exclusive: Altegris and Artivest partner on distribution for alternative funds suite[more]

    Bailey McCann, Opalesque New York: California-based investment firm Altegris has partnered with New York-based alternative investments platform Artivest on distribution for $1 billion in alternative funds. The partnership also launches Artivest's capabilities to offer alternative solutions to acc

  5. Investing - Buffett's Berkshire Hathaway will not increase its Oncor offer, Travel-tilting hedge funds are investing in airlines and online travel agencies[more]

    Buffett's Berkshire Hathaway will not increase its Oncor offer From Reuters.com: The energy unit of Warren Buffett's Berkshire Hathaway Inc said on Wednesday it will "stand firm" on its $9 billion offer to acquire 80 percent of Oncor Electric Delivery Company LLC and will not increase it