Mon, Feb 27, 2017
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Alternative Market Briefing Weekly

Opalesque Roundup: Age outweighs size for hedge funds: hedge fund news, week 20

Sunday, May 11, 2014

In the week ending 09 May, 2014 new reports claimed that age would play a greater factor in relative performance than size as young hedge funds posted the highest cumulative returns since 2003. The 25 highest-earning hedge fund managers in the United States took home a total of $21.15bn in compensation in 2013; banks again are doling out money to hedge funds and other investors to finance purchases of complex debt securities; banks and hedge funds are also reported to push into peer-to-peer lending. Meanwhile, banks and hedge funds are also said to have made curious deals on new structured toxic-waste securities. Goldman Sachs extended a loan to Steven Cohen backed by his $1bn art collection; and Sir Michael Hintze donated £5 million ($8.48m) to London’s Natural History Museum.

Former Lehman economist John Llewellyn said he planned to launch a macro hedge fund; Blackstone Alternative Asset said it would launch a regulated fund of hedge funds in Europe; Carl Icahn's son, Brett Icahn, and David Schechter will launch a hedge fund management company; startup bitcoin fund Vaurum received $4m seed funding from Battery Ventures, Tim Draper and Steve Case; City Financial’s Asia Macro hedge fund, Counterpoint, was launched with over $120m in assets; and former Gartmore star Guillaume Rambourg launched a second UCITS-compliant fund for his Paris-based investment firm.

Schroders will close down its Alternative UCITS fund sub-managed by London-based credit specialist CQS Asset Management.

The HFRI Fund Weighted Composite Index posted a decline of -0.17% in April (+0.9%); The Greenwich Global Hedge Fund Index ......................

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: Swiss investors take fund seeding and acceleration into their own hands[more]

    Benedicte Gravrand, Opalesque Geneva: Banque Bonhote, a 200-year old Swiss private bank, last year launched a community of investors - heads of Swiss family and advisory offices and wealth managers - with the aim of co-investing in the kind of managers they wanted to invest in, either by way of s

  2. K2 Advisors : Why We Like Activist Hedge Fund Strategies and Some Thoughts on Alpha[more]

    Matthias Knab, Opalesque: Rob Christian, Senior Managing Director, Head of Research K2 Advisors, Franklin Templeton Solutions, writes on Harvest Exchange: When d

  3. Ex-Navy SEAL backed by Mario Gabelli, Jean-Marie Eveillard and other value giants off to strong start[more]

    From Valuewalk.com: Sententia Capital Management is not your average value focused hedge fund. The fund was founded by Michael Zapata, a former Navy Seal Team 6 Officer and has attracted funding from some of the best-known names in the value space. Mario Gabelli, Jean-Marie Eveillard from First Eagl

  4. Europe - 1 trillion euro non-performing loans are clogging EU lending channels[more]

    From Centralbanking.com: As much as 1 trillion euro of non-performing loans (NPLs) are still clogging the lending channel in the European Union. An EU asset management company (AMC) could address market failures in the secondary market for NPLs as part of a suite of measures designed to tackle the b

  5. Investing - Hedge funds' novel approach: investing for longer at lower returns, U.S. hedge fund Delta Partners lifts stake in Bellamy's, Hedge funds stockpile cobalt, electric carmakers on battery alert, Facebook is racking up the likes among the world's biggest hedge funds, Einhorn affirms gold on Trump uncertainty[more]

    Hedge funds' novel approach: investing for longer at lower returns From FNLondon.com: Hedge funds are known for making short-term bets, dipping quickly in and out of markets to take advantage of swings in prices. But, under pressure to innovate, some big-name managers are looking at ways