In the week ending 27 January, 2017, it was reported that in Europe UCITS are beating hedge funds in net capital raising. A joint AIMA-Preqin study has shown that hedge funds beat stocks and bonds in performance last year on risk-adjusted basis; Marret Enhanced Tactical Fixed Income Fund gained nearly 5% in 2016; Luke Ellis expressed confidence that Man Group's performance is likely to rebound as correlations between markets start to diverge; value fund URI Capital Partners returned 27.66% after all fees and expenses in 2016; Carlson's Black Diamond Energy produced a return of only 1.92% net in 2016 despite help from Carl Icahn and Paul Singer; and hedge funds serviced by Peregrine achieved moderate gains for the final month of 2016. Steel Partners is planning to raise a new $500m to launch a new hedge fund, the S-III Opportuniity Fund; Fred Alger Management has relaunched its ESG fund, the Alger Responsible Investing Fund; a team of managers from fixed income hedge fund Structured Portfolio Managers are starting a new firm called Nara Capital Partners; Context...................... To view our full article Click here |
Alternative Market Briefing Weekly
Saturday, January 28, 2017
|
||