Sun, Feb 7, 2016
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Alternative Market Briefing Weekly

Review of hedge fund launches, closures, trends, regulatory and legal events - week 1

Saturday, January 09, 2010

Benedicte Gravrand, Opalesque London: A roundup of last week’s hedge fund launches, closures, index performance, trends, regulatory, legal and financial events pertaining to the alternative investments industry.

That week, we heard of fund launches from Adapto (energy); Systematic Alpha (CTA); Compass EMP; SWIP (multi-asset); Legal & General (fixed income); and Atom Capital (Japan).

The Credit Suisse Liquid Alternative Beta Index reported that Long/Short equity hedge funds had finished 2009 up 13.12%; South Africa’s Peregrine Prime Hedge Fund Index was up 22.15% for the year; The IndexIQ replication index’s Hedge Composite Beta Index was up 19.25%; The Hennessee Hedge Fund Index gained +24.6%, experiencing its best year since 1999 and performing in line with traditional equity markets.

It was reported that leading hedge funds such as Hayman Advisors, Greenlight and Perella Weinberg were betting on a collapse of the Japanese government-bond market; Och-Ziff recouped most of its losses of 2008; Gartmore is to merge its Japan Opportunities fund into its Japan Absolute Return fund; the three GLG Partners executives restored their salaries to their former levels, after agreeing to a one-year cut; four directors at Paulson Europe bagged £50.8m after successfully betting on the ailing UK banking sector; Swiss private bank Pictet mandated Jabre Capital Partners; Moore Capital hired Jean-Philippe Blochet, a founding partner of Brevan Howard, as a senior portfolio manager; the daughter of the founder of French hedge fund Carmignac Gestion returned to the firm; EIM created a platform for separate managed accou......................

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. How Einhorn survived a nightmare year[more]

    From Bloomberg.com: Even when a hedge fund has an awful year, which was the case for David Einhorn's Greenlight Capital, there are lessons to be learned. Many funds would have had a tough time surviving a year like Einhorn experienced in 2015, when all the stars seemed to align against him and Green

  2. Legal - Hedge fund founder wins early release in U.S. insider trading case, Gramercy seeking $1.3 billion from Peru over land-bond dispute[more]

    Hedge fund founder wins early release in U.S. insider trading case From Reuters/Streetinsider.com: Former hedge fund manager Doug Whitman on Tuesday won a reprieve from serving the remainder of his two-year sentence for insider trading after several judges expressed skepticism that his 2

  3. Investing - David Einhorn finds a winner in Michael Kors[more]

    From Thestreetinsider.com: Greenlight Capital hedge fund manger David Einhorn took his lumps in 2015. The fund lost over 20 percent on the year amid bets gone bad being long a plunging SunEdison and short a couple high-flying FANG stocks. However, today Einhorn is again showing his stock picking pro

  4. Investing - Avenue Capital's Marc Lasry: We like European bank loans, Comment: A bunch of hedge fund managers are chasing the 'dream of crushing a major structural problem'[more]

    Avenue Capital's Marc Lasry: We like European bank loans From CNBC.com: European banks are under immense pressure, but at least one prominent hedge fund has found what it thinks is a good opportunity in the wreckage. Marc Lasry, co-founder and chief executive of hedge fund Avenue Capital

  5. Computer-driven hedge funds make money during January’s selloff[more]

    Komfie Manalo, Opalesque Asia: Commodity trading advisers (CTAs) that use computer programs to guide how they trade, made millions of dollars during last month’s market selloff on the back of declining oil prices and global equities and big moves in currencies. Data provider