Fri, Dec 26, 2014
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Alternative Market Briefing Weekly

Hedge fund assets reached $2.931tln: hedge fund news, week 18

Sunday, April 27, 2014

In the week ending 25 April, 2014, eVestment’s Hedge Fund Asset Flow Summary for March and Q1 2014 showed hedge fund assets reached $2.931tln; the HFR Global Hedge Fund Industry Report said hedge fund assets rose to $2.70tln in Q1 2014; the SS&C GlobeOp Forward Redemption Indicator for April 2014 measured 3.23%, down from 3.81% in March; and Gottex Fund said its combined client assets reached $8.6bn as at 31 March 2014; and hedge funds took profits on cross asset relative value options trades.

A former team from Soros Fund Management led by Kenneth Lee and Michael Yoshino said they would launch a $150m Hong Kong-based hedge fund; Neuberger Berman launched its fifth emerging market debt fund as it extend its reach into the sector; Rothschild Asset and Larch Lane announced a joint venture for the launch of a liquid alternatives 40 Act fund; Virtus Investment introduced three multi-manager alternative mutual funds that will employ a range of hedge fund and alternative strategies; and Silk Invest partnered with Bramer Asset to launch the Emerging Africa Bond Fund.

The Scotiabank Canadian Hedge Fund Index ended March -0.87% (3.59% YTD) on asset weighted basis; And the Morningstar MSCI Composite AW Hedge Fund Index declined 0.4% (+0.84 YTD).

Event-driven was top performing hedge fund strategy in Q1, said Preqin; Crispin Odey’s flagship hedge fund, Odey European suffered a 4.63% decline for the year after slipping 7.2% in March; Blackstone Group said first-quarter profit rose 30% on higher fees; David Einhorn's Greenlight Capital fell 1.5% in Q1 and warned of a second 'tech bubble'; Carlyle’s Emerging Sovereign Group posted losses in two of its hedge funds this year after wrong bets on emerging markets; Senvest Capital, which returned 79.4% last year, has set a goal to repeat the huge earnings; Discovery Capital slumped in April to bring its losses this year to 12%; UMJ Galleyla returned 18% this year as it outperfo......................

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. Hong Kong-Shanghai stock link fails to live up to expectation so far[more]

    Komfie Manalo, Opalesque Asia: In a report, Reuters said that demand has been subdued with the bulk of activities coming from short-term speculative investors. Las

  2. Investing - Hedge funds get boost from healthcare in 2014, Paulson & Co takes stake in Salix on heels of inventory issues[more]

    Hedge funds get boost from healthcare in 2014 From Valuewalk.com: The healthcare sector started the year on a turbulent note, as stocks of many major biotechnology companies were battered. However, most of the players in this sector have bounced back. The BarclayHedge Healthcare & Biotec

  3. North America - Why Steve Cohen, Connecticut hedge fund billionaire, gives so much in New York[more]

    From Insidephilantrophy.com: Billionaire Steve Cohen was born in Great Neck, New York before attending Wharton, working on Wall Street and then founding SAC Capital Advisors in Connecticut. Though his company (Point72) and foundation are based in Connecticut, Cohen and Alexandra are deeply connected

  4. Investing - Soros buys a highly speculative biotech in the third quarter[more]

    From Fool.com: …The Soros Fund bought 25,000 shares of the struggling small-cap biopharma Aegerion Pharmaceuticals in the third quarter. For those of you who haven't heard of this name, suffice to say that this was a surprising buy in light of the company's recent problems and poor outlook going for

  5. CFTC Revokes Registrations of Illinois Resident Aleks A. Kins and Chicago-based AlphaMetrix, LLC[more]

    Matthias Knab, Opalesque: The U.S. Commodity Futures Trading Commission (CFTC) today announced that it has revoked the registration of Aleks A. Kins of Chicago, Illinois, as an Associated Person and the registrations of AlphaMetrix, LLC (AlphaMetrix), a Delaware limited liability company with its