Fri, Nov 28, 2014
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Alternative Market Briefing Weekly

Opalesque Roundup: Hedge fund redemptions rose to 4.32% in mid-May: hedge fund news, week 22

Saturday, May 24, 2014

In the week ending 23 May 2014, hedge funds assets redemptions rose to 4.32% in mid-May from 3.23% in April according to the SS&C GlobeOp Forward Redemption Indicator; Eurekahedge said positive returns and less redemptions stabilized AuM for funds of hedge funds; and Citadel completed its first international fund raising in China.

CalSTRS pledged $200m to provide seed capital to activist hedge fund Legion Partners.

Deutsche Asset & Wealth Management launched the DWS Strategic Equity Long/Short Fund; Premier Group launched the SRI fund for retail investors; AXA group said it would build 'fund of funds' for socially responsible investing; Jason Mann will launch a healthcare hedge fund in June; Aberdeen Asset expected to complete a new fund that invests in Brazilian stocks and government debt; AMP Capital launched a long/short equity strategy; Ken Xu is setting up his own hedge fund in Hong Kong; Gary Klopfenstein is leaving Mesirow Financial to open a boutique firm focused on currency and alternative investments; Eigenvector Capital launched its first fund that focuses on systematic value-based strategy, Gottex Fund developed a new fund that provides retail investors access to endowments; and a team of investment veterans to launch a global emerging market hedge fund for Gemfonds.

361 Capital said it would expand its alternative mutual fund offerings through new single-manager strategies.

The HFRX Global Hedge Fund Index was up 0.04% mid-May (+0.42% YTD); And the Barclay Hedge Fund Index slid 0.24% in April (+1.14% YTD).

400 Capital returned strong performance with 3.26% gains in Q1; Eton Park Capital gained 0.9% in April as tensions in Ukraine boost Cheniere Energy; AM Capital Advisors ......................

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. Unlucky Paulson & Co. rebrands $1.6bn Recovery Fund after 13% drop[more]

    From Businessweek.com: A maturing U.S. economic recovery is prompting Paulson & Co. to change course. The $19 billion hedge fund firm, led by billionaire John Paulson, told investors on a conference call this month that the Paulson Recovery Fund will be renamed Paulson Special Situations Fund on Jan

  2. Opalesque Roundtable: Islamic Finance races ahead with Sukuk, the first managed account platform, and foreign demand[more]

    Komfie Manalo, Opalesque Asia: A number of developments took place within Islamic finance in the past years, including the launch of a Islamic managed account platform and the further growth of the sukuk space that saw this instrument evolve from being a type of an ABS security that was rarely

  3. CTAs , event-driven strategies lead hedge funds recovery in mid-November[more]

    Komfie Manalo, Opalesque Asia: November’s performance proves to be in sharp contrast to the previous month, with equities further consolidating their upswing last week, according to the latest Lyxor Asset Management’s Weekly Brief. CTA funds als

  4. Fund Profile - A complex hedge fund strategy works for United Technologies[more]

    From Institutionalinvestor.com: Reports that portable alpha is dead have been greatly exaggerated, as Mark Twain might have phrased it. Another Connecticut Yankee, giant United Technologies Corp., is gearing up to grow its successful, nearly decade-long portable-alpha program. The UTC strategy took

  5. Opalesque Exclusive: The unintended consequences of Basel III[more]

    Benedicte Gravrand, Opalesque Geneva: Bijesh Amin, co-founder and managing director of Indus Valley Partners (IVP), a technology solutions and services firm focused on the alternative asset management industry, has recently observed