Sat, Jan 31, 2015
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. Opalesque Exclusive: Ex-Citi trader launches 'sleep-at-night’ long/short equity fund[more]

    Benedicte Gravrand, Opalesque Geneva for New Managers: After working at Citi's proprietary trading desk, managing a large portfolio between 2008 and 2011, Joel S. Salomon founded SalaurMor Management in New Yor

  2. Investing - U.S. investors favor currency hedged Europe ETFs as euro tumbles, Quants win back investors as Swiss franc fuels volatility gains, David Einhorn's $7bn hedge fund is loading up on this stock, Hedge fund BlueMountain Capital unveils Ocwen Financial short, claims default on notes[more]

    U.S. investors favor currency hedged Europe ETFs as euro tumbles From Reuters.com: U.S. investors stung by the falling euro who want to stay invested in Europe are turning to exchange-traded funds designed to strip out the impact of the region's currency. The biggest among so-called "cur

  3. News Briefs - Millennials use tech tools to jump into investing, Winklevoss twins to launch bitcoin exchange with FDIC insured deposits, Robertson’s legacy from hedge funds to New Zealand, Real estate managers exploring smaller open-end funds[more]

    Millennials use tech tools to jump into investing It is the Facebookification of monetary investing. From social networking platforms that enable young investors to stick to every other's stock-picking mojo, to internet sites for initially-timers hungry for a piece of the Silicon Valley

  4. Update: Prosecutors seek 12 years for hedge fund manager Francisco Illarramendi[more]

    Komfie Manalo, Opalesque Asia: Federal prosecutors have asked the court to sentence convicted hedge fund manager Francisco Illarramendi to 12 years imprisonment for running an elaborate Ponzi scheme that bilked investors hundreds of millions in dollars, including a Venezuelan pension fund, report

  5. Institutions - Ontario pension fund leader calls all asset classes ‘expensive’, Taiwan's BLF plans $2bn in alternative mandates[more]

    Ontario pension fund leader calls all asset classes ‘expensive’ From WSJ.com: The head of one of the world’s largest pension funds said that across asset classes, “everything is expensive.” Ron Mock, who leads Canada’s $141 billion Ontario Teachers’ Pension Plan, said that the plan would