Thu, Jan 19, 2017
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Alternative Market Briefing Weekly

Opalesque Roundup: Blackstone latest entrant to hedge funds game through independent management companies: hedge fund news, week 28

Saturday, July 05, 2014

In the week ending 04 July, 2014, Blackstone Group which is already the largest investor in hedge funds has signed on traders in preparation to launch its hedge funds group that involves independent management companies; Solomon "Sol" Kumin said he was planning to launch a stock trading hedge fund firm; and Franklin Templeton is working on launching a range of low-volatility derivatives-wrapped equity funds.

Ashmore unveiled its new short duration emerging markets debt fund, the Ashmore Emerging Markets Short Duration Fund.

Ziff Brothers Investments is closing down the last of its two hedge funds; and Steve Eisman shuts down his hedge fund Emrys Partners.

The Parker FX Index was up +0.66% in May (-0.84% YTD); The HFRX Global Hedge Fund Index went up 0.93% in June (+1.77% YTD); The IndexIQ Hedge Global Macro Beta Index rose 0.58% (+3.10% YTD); And the UCITS Alternative Index Global gained 0.22% in June (+0.94% YTD).

Paulson's Credit Opportunities fund performed positive in May and was up 6.6% YTD; Paulson Credit Fund gained from Lehman, Rescap and Dex Media; Meredith Whitney’s American Revival Fund gained 4.7% in June to cut its losses; Dan Loeb's Third Point flagship fund gains 6% in the first half of 2014; Barry Rosenstein’s Jana Partners rose 1.6% in June and gained 5.3% in the first half of the year; Bill Ackman’s Pershing Square posted a 25% gain in its main fund for the first six months of the year; several hedge funds hurt by tumbling technology stocks earlier this year are now generating profits; and Andreas Halvorsen’s Viking Global gained 6.6% in the first six months of the year.

Private equity funds raised $190bn in assets in the first six months of 2014; David Paradice has returned more than $800m of clients’ money because he feels his fund has become too big to beat the market; and TPG Capital joined Hong Kong’s HS Group to back startup and newer Asian hedge funds.......................

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. The Big Picture: The case for emerging market debt in 2017[more]

    Benedicte Gravrand, Opalesque Geneva: Emerging market (EM) assets outperformed in 2016 mainly because of stronger fundamentals and an improving international environment, with GDP picking up speed, leading to positive earnings revisions for the first time in five years,

  2. Investing - This hedge fund made 37% betting on banks in 2016 and remains bullish after the Trump rally, Hedge fund legend David Einhorn is making a big bet on GM, After impressive 85% return in 2016, hedge fund looks to Canadian gold producer, small banks[more]

    This hedge fund made 37% betting on banks in 2016 and remains bullish after the Trump rally From Forbes.com: Can bank stocks continue to rise after a 28% surge in the KBW Bank Index in 2016, fueled by a post-election rally as stock pickers returned to the beaten down sector? Forget the s

  3. Short Selling - Long-short hedge funds are ditching the shorts to focus on longs[more]

    From Bloomberg.com: What happens when you take the "short" out of a long-short trading strategy? Some hedge funds are about to find out. Equity long-short fund managers, the biggest category in hedge funds, hold the fewest bearish stock bets on record, data compiled by Credit Suisse Group AG s

  4. SWFs - China sovereign wealth fund CIC plans more U.S. investments[more]

    From Reuters.com: China Investment Corporation (CIC), the country's sovereign wealth fund, is looking to raise alternative investments in the United States due to low returns in public markets, its chairman said on Monday. CIC will boost its investments in private equity and hedge funds as wel

  5. Some hedge funds strong start in 2017 nice contrast to 2016[more]

    With the 2016 HSBC Hedge Weekly performance rankings in the books - a year in which the same leader-board entries pretty much dominated unchallenged throughout the year - comes a new leader board that is a hard-scrabble mix of hedge fund styles and categories. What is clear after but a few short wee