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In the week ending 23 October, 2015, hedge funds reported their worst assets decline since 2009 because of performance-related losses. Data provider HFR said that hedge fund assets declined by $95bn (est.) across all strategies as of end the third quarter to $2.87tln, as new capital inflows failed to offset performance-based losses. Meanwhile, Eurekahedge data showed that hedge fund assets actually rose by $9.1bn during the month of September.

New data from the SEC showed that institutional investors account for some $6.7tln held in private funds with hedge funds having the majority of those (54%). The SS&C GlobeOp Forward Redemption Indicator for October 2015 measured 2.96%, down from 3.79% in September; and the Abbey Capital Futures Strategy Fund has surpassed $250m in assets under management as at 30th September.

Joseph Sun has launched a long-short hedge fund focused on technology, media and telecommunication companies; Jed Nussbaum is planning to start a credit hedge fund at his new firm, Nut Tree Capital; Argon Capital to launch multi-manager hedge fund to seize distressed commodity opportunity; Context Asset was down has launched the Context Macro Opportunities Fund; and Amplitude Capital is preparing to open its first fund that bets on stocks to investors in December.

Liongate Capital is to shut down after suffering huge asset outflows in recent years; and PineBridge Investments is winding down its Middle......................

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