In the week ending 10 July, 2015, all hedge fund strategies incurred negative performance and lost in June on concern with the Greece crisis, said Lyxor AM; macro hedge funds and those that bet on currencies, interest rates and commodities were hit hard last month due to the worsening Greek debt crisis; Och-Ziff Capital Management Group has lost 3.37% during the past week and dropped 4.49% in the last four weeks; Spanish hedge fund Sigma Fund Absolute Return gained 6.89% over the last 12 months; and hedge funds who proved to be experts on getting the Treasury market wrong earlier this year, are becoming better at getting it right. Ryan Caldwell plans to launch his first fund in the fourth quarter of 2015 that will specialize in multi-asset investment approach; and New Mountain Vantage Advisors has launched a US equity long/short fund on the MontLake UCITS platform. Singapore-based hedge fund Golvis Investment may have closed. The HFRI Fund Weighted Composite Index had declined -1.3% in June (2.43% YTD); The HFRX Global Hedge Fund Index fell -1.24% (+1.27% YTD); The Lyxor Hedge Fund Index was down 2% (1.9% YTD); And a strong first half for Technology/Healt...................... To view our full article Click here |
Alternative Market Briefing Weekly
Saturday, July 11, 2015
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