Sat, May 30, 2015
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. Opalesque Exclusive: New TMT hedge fund adopts the long-term approach[more]

    Benedicte Gravrand, Opalesque Geneva for New Managers: Adam Parker founded Center Lake Capital LLC in New York in November 2014. Before that, he was portfolio manager at Point State Capital (the successor fund to Dr

  2. Regulatory - Hedge funds face tax as Iceland poised to end capital controls, Comment: Why alternatives need more transparency, not enforcement[more]

    Hedge funds face tax as Iceland poised to end capital controls From Bloomberg.com: Hedge funds and other investors who bought claims against Iceland’s failed banks face a tax that targets the lenders’ estates as the government prepares to unveil its plan for exiting capital controls in t

  3. Investing - Nelson Peltz’s Trian Fund Management reduces position in Legg Mason, Biotech investors up big amid bubble talk, Hedge funds increase exposure in healthcare[more]

    Nelson Peltz’s Trian Fund Management reduces position in Legg Mason From Octafinance.com: Trian Fund Management has filled a SC 13D/A form regarding Legg Mason, Inc. Per Nelson Peltz’s Trian Fund Management’s filing, the filler reported decreased stake in the company by -11.05% to 11,03

  4. All hedge fund strategies rebounded last week as market conditions normalize[more]

    Komfie Manalo, Opalesque Asia: After a difficult start this month, all hedge fund strategies ended last week in positive territory, as the Lyxor Hedge Fund Index gained 0.9% (-0.2% MTD, 3.3% YTD). According to Lyxor AM’s latest Weekly Briefing, in t

  5. Billionaire hedge fund investor Odey says April 'bloody', has cut risk[more]

    From Reuters/Yahoo.com: Billionaire hedge fund manager Crispin Odey has cut risk and leverage following a stunning 19.3 percent loss in his 3.1 billion euros (2 billion pounds) Odey European Inc fund in April, a letter to investors seen by Reuters showed. Describing the month as "bloody", Odey

 

banner