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Alternative Market Briefing Weekly

Opalesque Roundup: High demand for hedge fund products seen to continue throughout 2018: hedge fund news, week 13

Sunday, April 01, 2018

In the week ending 30 March, 2018, big investors are expected to allocate $40 billion in new assets to hedge funds this year following reports that in February alone investors allocated an estimated $11.87 billion into hedge funds, continuing the trend of high demand in the early months of 2018, Barclays said. The net sales of UCITS and AIF totalled EUR 142 billion in January, supported by very strong demand for equity funds.

Jupiter Asset is set to launch a UK version of its global value fund mirroring its Luxembourg listed fund; J8 Capital and Universal-Investment have launched UI - J8 Global Absolute Return UCITS Fund; and Arion Investment Management has launched a new copper arbitrage strategy.

Alan Fournier is shutting down his $1.5 billion Pennant Capital Management after almost two decades.

In performance, APS China A Share (Cayman) gained 8.05% in the first two months of this year (+0.35% in February); and the top 10 favorite stocks of hedge funds were down more than 10% in February.

Among investments, the U.S. dollar remains on the nose with currency traders; hedge funds have reduced their bullish wagers on hogs days before announced China retaliatory tariffs; Glenview Capital now owns 5.6% of Newell Brands; hedge funds are piling into some construction stocks because of favourable environment in the sector; Amber Capital is finding trade war safe haven in Southern Europe stocks; several hedge funds now own ......................

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