Fri, Jul 29, 2016
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Alternative Market Briefing Weekly

Asset concentation at largest US and UK hedge funds goes on unabated: hedge fund news, week 14

Saturday, March 29, 2014

In the week ending 28 March, 2014, Absolute Return’s latest Billion Dollar Club showed the largest 293 U.S. hedge funds now manage a record $1.71tln in assets while the UK’s largest hedge funds are getting bigger and now control 82% of assets under management. Schroders, Henderson Global Investors and Jupiter Asset Management are expected to win big from the redrawing of the UK’s pension overhaul; Shanghai-based hedge fund CSV China Opportunities Fund crossed $50m in assets; and BNY Mellon is restricting flows into two funds run by Citywire AAA-rated manager Andy Cawker.

Blue Sky Alternative said it would launch a diversified fund within the next one to two months; Context Asset Management launched its first hedge fund-of-funds mutual fund; and Capital Fund Management launched a new product aimed at institutional investors with half the fees typically offered by hedge funds.

GLP Partners launched an alternative emerging market fund that will run along absolute return macro guidelines.

Stockholm based CB Fonder will close down CB Hedge fund after suffering losses; Tudor Investment will return money to clients from its $120m managed-futures fund after three years of losses; and the $310m OVS Capital will shut down after founder Sam Morland decided to retire.

The Morningstar MSCI Composite AW Hedge Fund Index was up +2.2% in February (+8.0% YTD) while the Parker FX index fell -0.55% (-1.03% YTD).

Hedge funds posted performance ......................

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: California-based manager launches long/short equity hedge fund with unique algorithm[more]

    Benedicte Gravrand, Opalesque London for New Managers: SJL Capital LLC, an investment advisory firm based in California, has launched its maiden fund, the SJL MarketDNA Hedge Fund LP. The fund, which began trading

  2. Manny Roman to move from Man to Pimco[more]

    Benedicte Gravrand, Opalesque London: Emmanuel (Manny) Roman, an investment world veteran, has been hired by PIMCO, the large US bond fund house, as chief executive officer. PIMCO's current CEO Douglas Hodge will assume a new role as managing director and senior advisor when Roman joins P

  3. Opalesque Exclusive: ArbitrOption outperforms benchmarks, up 7.18% in H1[more]

    Komfie Manalo, Opalesque Asia: Independent registered advisor ArbitrOption breezed through the tumultuous Brexit referendum and outperformed its benchmarks. ArbitrOption was up 7.18% in the first half of 2016 compared to the S&P 500 which gain

  4. Europe - European hedge funds shrink and shutter as turmoil hurts returns, Investors go bargain-hunting for U.K. property after Brexit vote, Brexit: Guidance for fund directors - what to know and what to ask[more]

    European hedge funds shrink and shutter as turmoil hurts returns From Bloomberg.com: Europe’s hedge-fund industry contracted for a sixth straight quarter as the U.K.’s decision to leave the European Union and concerns that China’s growth is slowing caused losses and forced some money man

  5. Platinum Partners starts liquidation of hedge funds following municipal union kickback scandal[more]

    Komfie Manalo, Opalesque Asia: Platinum Partners, the hedge fund in the middle of a New York City municipal union kickback investigation, is reported to be liquidating two of its funds, the New