In the week ending 13 February, 2015, investors raised their hedge fund bets in February as asset subscription rose .63%; the hedge fund industry redeemed $29.1bn in December, its largest outflow since April 2009; Passage to India Opportunity Fund tripled investor’s money in 2014 after gaining 225%; Och-Ziff Capital Management plans to raise new capital to target the energy sector; long-only institutional investors, hedge funds and domestic funds have banded together to raise $200m for Philippine-based Metro Pacific; Axiom European Financial Debt has postponed a planned $760m listing on London's stock exchange; and the total capital managed by the Asian hedge fund industry stood at $119.75bn at end 2014. Paul Tudor Jones has hired Emil Dabora to launch an event driven fund; Alvaro Ventosa said he is preparing to launch his own hedge fund later this year; Boardage Capital Management announced the launch of its strategy focused on basic materials, mining and metals; Morgan Stanley has announced the launch of a new fund, the MS Tremblant Long/Short Equity UCITS Fund; Stenham Asset has launched its second UCITS offering, a fund of funds macro strategy; and Vertical Capital Markets Group has announced the launch of the Vertical Capital Defined Risk Fund. Man Group said it would close its macro hedge fund, GLG Atlas Macro fund, after losing 9% in January. The HFRI Fund Weighted CompositeIndex gained +0.5% in January; The Greenwich Global Hedge Fund Index up +1.09%; And the Lyxor Hedge Fund Index was up +1.4%. Hedge funds which made bets against the Australian dollars performed ...................... To view our full article Click here |
Alternative Market Briefing Weekly
Saturday, February 14, 2015
|
||