Fri, May 25, 2018
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Alternative Market Briefing Weekly

Opalesque Roundup: Family offices turn again to hedge funds: hedge fund news, week 15

Sunday, April 16, 2017

In the week ending 14 April, 2017, Alessandra Tocco of JPMorgan Chase said that family offices are back to their historic levels of interest in hedge funds. Fa-mag said it's a buyer's market in hedge funds, and wealthy families are beginning to feel the love as turmoil in the fund industry is giving family offices a resurgence in power. With traditional institutional backers reconsidering their hedge fund investments amid sluggish returns, those who manage money for the rich are gaining flexibility on fees, customized investments and more access to high-profile portfolio managers.

Ray Dalio said that investors shouldn't expect another crisis like that in 2008 - but that there is still going to be "a gradual noose tightening"; K2 Advisors said in its Q2 outlook that the firm anticipates more volatility going forward and is bullish in Europe and long short equity.

On the M&A front, Dyal Capital Partners has taken a stake in TPG Special Situations Partners.

Michael Gelband is laying the ground work to launch a fund with Hyung Soon Lee.

The HFRI Fund Weighted Composite Index advanced +0.24% in March (+2.3% YTD); eVestment said that hedge funds posted a collective 2.63% rise in the three months to the end of March but still lag indices; The Lyxor Hedge Fund index returned +0.5% from 28 March to 04 April (+1.6% YTD); The Wilshire Liquid Alternative Index gained 0.06% in March; And the gross return of the SS&C GlobeOp Hedge Fund Performance Index March 2017 measured 0.30%.

Vincent Au said that hedge fund performance is best meas......................

To view our full article Click here

Today's Exclusives Today's Other Voices More Exclusives
Previous Opalesque Exclusives                                  
More Other Voices
Previous Other Voices                                               
Access Alternative Market Briefing

 



  • Top Forwarded
  • Top Tracked
  • Top Searched
  1. Investing - Hedge funds hike Smurfit Kappa positions amid takeover deal hopes, Hedge fund IBV Capital digs deep to unlock long-term value in a competitive market, Eisman of 'The Big Short' fame recommends shorting Deutsche Bank[more]

    Hedge funds hike Smurfit Kappa positions amid takeover deal hopes From Irishtimes.com: Two US hedge funds, Davidson Kempner and York Capital, have accumulated a combined 4.74 per cent interest in cardboard box maker Smurfit Kappa using financial derivatives. It comes as many investors cl

  2. Foundations of hedge fund managers gave big to controversial donor-advised funds[more]

    In the world of philanthropy and tax-deductible charitable giving, the explosion of donor-advised funds has touched off intense debate. Now, there is evidence that the DAF boom is being further fuelled by hedge fund foundation money. Four of the top five foundations that gave the most to large do

  3. Third Point to raise $400 million for SPAC, Farley to run it[more]

    From Reuters.com: Daniel Loeb's hedge fund Third Point LLC plans to raise $400 million for a "blank check" company which will be run by outgoing stock market operator NYSE Group President Thomas Farley, according to a regulatory filing made on Tuesday. The new company, referred to on Wall Stre

  4. Study: For hedge funds, smaller is better[more]

    From Institutionalinvestor.com: The smaller the hedge fund is, the better its performance is likely to be, according to a new study. The study - "Size, Age, and the Performance Life Cycle of Hedge Funds," released April 26 - sought to determine whether a hedge fund's size and age had any effect on i

  5. Hedge fund returns rose in April for first gain since January[more]

    From Bloomberg.com: Bloomberg Hedge Fund Database shows returns flat this year - Currency strategies had the biggest monthly gain at 13% Hedge fund returns increased 0.78 percent in April, reversing two consecutive monthly declines. The swing of 134 basis points was driven by gains in all seven