In the week ending 08 May 2015, reports said that the top 25 hedge fund managers reaped $11.62bn in compensation in 2014. In other miscellaneous hedge fund news, Fairtree Capital has completed the Cayman Islands registration of three of its hedge funds; a broad market reversal is battering hedge funds, spoiling the industry’s strongest annual start since the financial crisis; Man GLG has hired two ex-Carmignac managers for new emerging markets equity fund; for small businesses, hedge funds are the new banks; and there has been a marked improvement in hedge fund managers’ approach to environmental, social and governance (ESG) issues. Candriam Investors said it raised $84.3m to launch a new hedge fund that bets on rising and falling stock indexes; Barings launched its first Hong Kong-domiciled funds last week; SCB Global Capital has launched its first fund, SCB Global Opportunities Master Fund; and Aquila Capital has launched what it claims is the world’s first dedicated European hydropower fund. Visium Asset has announced the launch of the Visium US Equity Alpha UCITS Fund; and Keywise Capital has partnered with Milltrust to launch the Milltrust Keywise China (UCITS) Fund. Regiment Capital Advisors said it would close its long/short credit hedge after suffering losses. The HFRI Fund Weighted Composite Index ...................... To view our full article Click here |
Alternative Market Briefing Weekly
Saturday, May 09, 2015
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