Thu, Aug 21, 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. Institutions – Texas Employees sets 2015 tactical plan for alternatives, CalPERS' real estate consultant cautions the pension fund's investment committee, Why Sunsuper likes hedge funds[more]

    Texas Employees sets 2015 tactical plan for alternatives From PIOnline.com: Texas Employees Retirement System will invest in up to four new hedge funds in the next fiscal year, which begins Sept. 1. Trustees approved 2015 tactical investment plans for the hedge fund, private equity and in

  2. Private equity follows hedge funds into reinsurance for long-term capital[more]

    From Artemis.bm: It’s not just hedge funds that are entering the insurance and reinsurance market in search of so-called long-term capital to put to work in their strategies, private equity firms targeting the space are also seeking opportunities to add assets under management. The entry of large pr

  3. North America – New York City’s next hot neighborhoods targeted with property funds[more]

    From Bloomberg.com: New York’s real estate world is filled with tales of ordinary people who bought property decades ago and saw values skyrocket to the millions. Seth Weissman is seeking investors to get in early on the next hot neighborhoods. The veteran of Goldman Sachs Group Inc. and hedge

  4. Investing – George Soros bets $2bn on stock market collapse, Warren Buffett's Berkshire reveals Charter stake, cuts DirecTV, Hedge funds lusting to cash out of MGM, Top hedge fund managers are buying Ally Financial, Hedge funds dumped 5m Herbalife shares in Q2, Paulson & Co hedge fund ups Puerto Rico real estate bet, Netflix Inc., Citigroup Inc, Google Inc are top new picks in Tiger Management’s 13F[more]

    George Soros bets $2bn on stock market collapse From Newsmax.com: Billionaire investor George Soros has increased his financial bet that U.S. stocks will collapse to more than $2 billion. The legendary hedge fund manager has been raising his negative bet on the Standard & Poor's 500 Inde

  5. Investors now net short S&P500 and increased Russell shorts, technicals suggest further selling[more]

    Komfie Manalo, Opalesque Asia: Market Neutral funds increased their market exposure to -1% net short from -6% net short last week, according to Bank of America Merrill Lynch’s Hedge Fund Monitor. The report also added