Tue, Dec 12, 2017
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Alternative Market Briefing Weekly

Hedge funds saw a resurgence in inflows in 2013: hedge fund news, week 10

Sunday, March 02, 2014

In the week ending 28 January, 2014, Preqin said hedge funds reported a resurgence in asset inflows from family offices and wealth managers in 2013; Forbes released the 25 highest-earning hedge fund managers and traders in 2013 who also made the most gains; hedge funds redemption climbed 3.38% in February from 2.67% in January, the SS&C GlobeOp Forward Redemption Indicator said; Man Group reported a 5% decline in funds under management in 2013 to $54.1bn from $57bn a year ago; Remy Trafelet reopened his hedge fund to outside investors after five years; and Blue Sky Alternative said it was on track to reach $500m in assets by June.

Dymon Asia threw its support to Carl Vine to launch a $500m global hedge fund; and Martin Coward, who previously co-founded IKOS in 1991 with Elena Ambrosiadou, is seeking money to start a $270m quantitative hedge fund.

Hedge funds launched in Asia in 2013 raised $3.85bn, one fifth less than a year before.

Heptagon Capital launched two new Global Equity funds on its Irish UCITS platform.

Steyn Capital to launch emerging and frontier markets long/short value-biased fund.

Emerging markets hedge fund Avantium Investment closed after almost two-and-a-half years in business.

The HFRI Emerging Markets (Total) Index declined 2.5% in January; The Greenwich Global Hedge Fund Index was down 0.73%; The Parker FX index fell 0.49%; The Morningstar MSCI Composite AW Hedge Fund In......................

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. Mediobanca acquires majority stakes in Swiss hedge fund[more]

    Komfie Manalo, Opalesque Asia: Listed diversified banking group Mediobanca SpA said it has acquired a majority stake in Geneva-based hedge fund firm RAM Active Investments SA (RAM AI), an active and alternative asset manager offering a range of act

  2. News Briefs - Italy's Carige to sell consumer credit arm to Chenavari, Less than a year after hedge fund coup, East Bay drug maker cuts jobs, looks to move HQ[more]

    Italy's Carige to sell consumer credit arm to Chenavari Italy's Banca Carige aims to sell its consumer credit unit to London-based hedge fund Chenavari by Dec. 6 when a vital 560 million euro ($664 million) cash call ends. Genoa-based Carige must comply by the end of the year with Europe

  3. Launches - Ex-BlueCrest team to open over $200m hedge fund, Greg Coffey, a hedge fund star who retired at 41, is eyeing a comeback, Brevan Howard plans Greek funds as bond rally signals revival[more]

    Ex-BlueCrest team to open over $200m hedge fund From Bloomberg.com: A team of traders who left BlueCrest Capital Management earlier this year raised more than $200 million for their own hedge fund focused on Asian stocks, according to a person familiar with the matter. Ovata Capital Manag

  4. North America - Miami could attract hedge funds if SALT deductions axed[more]

    From Law360.com: For years, inertia has been Nitin Motwani's greatest foe in his attempts to lure hedge fund owners in the northeast to Miami, which he has pitched as a tropical low-tax paradise. But with the Republican tax bill proposing to eliminate deductions for state and local taxes, he's sensi

  5. Northleaf Capital Partners closes debut private credit fund on $670M[more]

    Bailey McCann, Opalesque New York: Northleaf Capital Partners has closed its debut private credit fund - Northleaf Private Credit I - on $670 million. The vehicle will invest in private credit transactions in Europe and North America, with a primary focus on lending to private equity-backed compa