Tue, Sep 27, 2016
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Alternative Market Briefing Weekly

Hedge funds attract $55bn new money in Q1: hedge fund news, week 17

Sunday, April 20, 2014

In the week ending 18 April, 2014, eVestment reported hedge funds raised assets in Q1 attracting $55bn of net new money. Assets held by European hedge funds hit record high levels in the first three months of this year to record $476.2bn by the end of March; multi-strategy hedge fund firm Central Asset Investments said it was considering re-opening its pan-Asia special situations offering to new investors; Armajaro Asset Management lost nearly a quarter of assets at its largest commodities fund in the first quarter; and Asia hedge fund performance suffered from a rout in Chinese stocks as Asia ex-Japan strategies were down -1.16% in March.

Cheyne Capital is raising up to £300m to launch a property fund that will aim to invest in projects with a positive social impact; Goldman Sachs is offering its wealthiest customers to invest in about half-dozen hedge funds to catch up with competitors; former PIMCO executives have teamed up to launch unconstrained credit fund Anfield Universal Fixed Income Fund (AFLIX); Magnetar Capital’s Min Htoo and Jordan Teramo plan to start an event-driven hedge fund; Andrew Auernheimer also known as Weev, is free from prison and plans to launch a new hedge fund called TRO LLC; and Classic Auto Funds Limited launched several car investing funds.

BNY Mellon said it would launch a second fund in the targeted absolute return sector under its Newton Real Return fund; and at least 11 Neuberger Berman’s UCITS funds were authorized in Hong Kong.

The Eurekahedge Index reported hedge funds were up 0.87% in Q1; The Barclay Hedge Fund Index dipped 0.09% in March (+1.39% YTD); The Credit Suisse Blue Chip Hedge Fund Index was down -0.48% (+0.93% YT......................

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. Activist News - Caesars offers creditors another $1.6bn, would spell end of hedge fund ownership, Activist investors double chance of CEO exits[more]

    Caesars offers creditors another $1.6bn, would spell end of hedge fund ownership From Calvinayre.com: Casino operator Caesars Entertainment has improved its offer to junior creditors to over $5b, but the offer is only good until Friday. On Wednesday, Caesars added an extra $1.6b to the $

  2. Nobel Sustainability Trust, Prince Albert II of Monaco help launch major new initiative to drive sustainable technologies[more]

    Matthias Knab, Opalesque: The Nobel Sustainability® Trust ("NST") is leading a major new initiative to finance, incubate and accelerate the development of clean technologies. The initiative will start with the formation of the Nobel Sustainability Fund® ("NSF"). NSF will drive faster access t

  3. Studies - Hedge funds’ study reveals vast disparity in types of investors securing side letter arrangements, Cambridge: Look to private investments for best access to LatAm growth[more]

    Hedge funds’ study reveals vast disparity in types of investors securing side letter arrangements A new study of the hedge fund space by industry law firm Seward & Kissel LLP reveals a wealth of information regarding established hedge fund managers’ use of side letters—special agreements

  4. Activist News - Caesars 'optimistic' on deal with hedge fund creditors[more]

    From Reuters.com: Caesars Entertainment Corp said on Monday it remains "optimistic" of reaching a $5 billion deal with the bulk of its creditors to push its main operating unit out of bankruptcy, but one hedge fund bondholder said it will pursue litigation. Caesars offered a sweetened $5 billion set

  5. Trend reversals lead to losses as managed futures drops 1.52% in August[more]

    Komfie Manalo, Opalesque Asia: Trend reversals in August have led managed futures traders to lose 1.52% last month according to the Barclay CTA Index compiled by BarclayHedge. The Index is up 0.62% year to dat