Wed, Jul 29, 2015
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Alternative Market Briefing Weekly

Opalesque Roundup: Investors face pros and cons of hedge fund investing: hedge fund news, week 27

Saturday, June 28, 2014

In the week ending 27 June, 2014, it was reported that institutional investors put money into hedge funds to get returns that are uncorrelated to equity markets. At the same time, press in the U.S. claimed that corporate pension funds and university endowments have missed the stock rally as a result of the investors' diversification efforts into “underperforming” alternative investments.

A joint survey by AIMA and Barclays said institutional investors are looking to establish closer ties with hedge funds. Massachusetts state pension rehired Arden Asset for advice; Illinois Teachers’ Retirement System raised its allocation to emerging managers; and Milwaukee County Employees' Retirement System issued separate RFPs for a private equity fund of funds.

Hedge fund assets surpassed $3tln in May for the first time, said eVestment; and AMP Capital opened its Asian equity-focused long/short quant fund to outside investors.

Troy Dixon has set up Hollis Park Partners in New York and is working on the launch of a hedge fund; Steven Cho plans to start a macro hedge fund, Kings Peak Asset; Preqin said commodity fund launches have slowed dramatically and is now in an eight-year low; Tikowrie Capital plans to establish the West African country’s first hedge fund; John Stephenson plans to launch a C$40m hedge fund; Schroders teamed up with John Paulson to launch a merger arbitrage fund; Gei Lin quits Capula Investment and started his own hedge fund in New York; Armin von Linde hired Mars Larsson for his new hedge fund Makuria Investment; Gerardine Davies launched PCM Partners in London; and BlackRock has launched a low risk absolute return fund.

The Barclay Hedge Fund Index added......................

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. Bridgewater turns bearish on China[more]

    Komfie Manalo, Opalesque Asia: The world’s biggest hedge fund Bridgewater Associates and one of the most vocal of China’s potential is now turning its back against the world’s second largest economy as it joins a growing list of high-profile investors who are challenging China’s potentials.

  2. Launches - Ex-Brevan Howard star Rokos builds team for new fund, Former Och-Ziff manager’s firm starts health care hedge fund, Industry veterans launch commodity investment firm Aron Capital Management, Nikko Asset Management launches two UCITS funds, Capital Group plans to debut Asian investor targeted fund[more]

    Ex-Brevan Howard star Rokos builds team for new fund From WSJ.com: Chris Rokos, a former star trader at Brevan Howard Asset Management LLP, has hired an economist from Nomura to join the team he’s assembling for his much anticipated hedge fund launch. Mr. Rokos, whose firm is due to b

  3. Institutions - Pension fund dismisses Texas consultant, Rhode Island pension fund gets 2.2% investment return, far below assumed rate of 7.5%, New Jersey pension investments see a drop-off in returns[more]

    Pension fund dismisses Texas consultant From Sandiegouniontribute.com: The county retirement board on Thursday terminated the Texas consultant who was given the reins of the $10 billion pension fund, and whose investment picks left many employees and retirees feeling taken for a ride.

  4. SWFs - Sovereign wealth funds paid around $14 billion in fees[more]

    From SWFinstitute.org: When it comes to the financial sector, asset management is one of the most profitable industries in the world. The Boston Consulting Group put out a 2014 figure saying there is US$ 74 trillion worth of professionally-managed assets. One of the fastest growing institutional inv

  5. Investing - Carlyle teams with TCW in push for ordinary investors[more]

    From Bloomberg.com: Carlyle Group LP isn’t backing down from its goal of offering alternative strategies to the masses, despite early setbacks. The Washington-based firm is teaming up with TCW Group, which is majority owned by Carlyle funds, to offer three vehicles that give ordinary investors acces

 

banner