Wed, Sep 3, 2014
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 2

Sunday, January 17, 2010

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

Last week, we heard of launches from Dalton (European L/S Ucits); Northern Pines; Athena Alpha; SAIL (distressed); Allianz (2 x absolute return); Silver Spring (China equity L/S); Wealth Bay (Japan); Tiresias (Asia event-driven); van Eyk Blueprint (2 x multi-manager); Galle (global macro); 3 Degrees (credit opps); OLA Capital (new firm); and Farringdon (special sits).

The HFRI Fund Weighted Composite Index posted 1.25% (est.) in December, bringing YTD results to 20.04% - its best performance in decade; The Hennessee Hedge Fund Index advanced 2.27%, 24.8% in 2009; The HFN Aggregate Index was up 1.33% and 19.43%; The RBC Hedge 250 Index returned 0.78% and 19.3%; The Greenwich Global Hedge Fund Index was up 1% and 19.4%; The Bloomberg Aggregate Hedge Fund Index gained 13.7% for the year; The Credit Suisse/Tremont Hedge Fund Index was up 0.88% and 18.57% - also its best annual return in a decade; The Barclay Hedge Fund Index gained 24.14% for the year, and reported that 55% of hedge funds had recovered from their 2008 losses; The Eurekahedge Hedge Fund Index returned 19.16% for the year, saying that strong performance resulted in December net inflows and positioned hedge funds for Q1-2010 allocations.

TrimTabs and BarclayHedge found that hedge fund inflows had hit an 18-month high of $18.7bn in November and that launches had fallen to record low of 1.8% of hedge funds’ assets in 2009; according to HedgeFund.net, investor allocations to hedge funds reversed in December for the first ......................

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. Study shows what resonates with investors: 'Unwavering', 'passionate' beats 'committed', 'dedicated' and more surprises[more]

    Komfie Manalo, Opalesque Asia: A new study by Pershing, a unit of BNY Mellon company, showed that an effective value proposition strengthens audience connections and fosters growth, yet many advisors have had little objective guidance in formulating such statements until now. In the study

  2. Legal – GE Capital and Petters-related hedge fund in legal battle, SEC sanctions Donald Brownstein's hedge fund over conflicts of interest[more]

    GE Capital and Petters-related hedge fund in legal battle From Startribune.com: A billion-dollar legal battle is brewing in Florida over who knew what and when about the decade-long Ponzi scheme operated by former Wayzata businessman Tom Petters. The bankruptcy trustee for two failed Flo

  3. Managed futures' global diversification is important in next phase of economic recovery[more]

    Komfie Manalo, Opalesque Asia: The global diversification provided by managed futures may prove to be extremely valuable as the markets enter the next phase of the economic recovery, said Campbell & Company, a pioneer in absolute return invest

  4. Comment – Why you should avoid the hottest hedge fund hands, Swedroe attacks Hussman over risk management, relative value strategy[more]

    Why you should avoid the hottest hedge fund hands FromCNBC/Yahoo.com: Investors who don't have money with Pershing Square Capital Management are likely salivating at the hedge fund's industry-leading 26 percent return from January through July. But investing with Bill Ackman and other to

  5. Ex-UBS prop trader's hedge fund Manikay Partners eyes UK launch[more]

    From eFinancialnews.com: Manikay Partners, a $1.7 billion US multi-strategy hedge fund set up in 2008 by a proprietary trader from UBS with backing from Goldman Sachs, is planning to open in the UK. New York-based Manikay's move into Europe comes after Financial News revealed on Monday that Aurelius