Wed, Feb 21, 2018
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 4

Saturday, January 30, 2010

Benedicte Gravrand, Opalesque London: A roundup of 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 fund launches from China Everbright Bank (FoHFs); Taurus Funds (resources); HSBC AI (£ class of Ucits FoHFs); GLG (Ucits version of flagship); Armajaro (commodities); Salida (wealth preservation); FundQuest (fund of Ucits HFs); Infinity Capital; Vanguard (absolute return); JO Hambro (UK); and Saltus (absolute return).

The Morningstar 1000 Hedge Fund Index was up 19.5% in 2009, which was its best year since 2003, and funds enjoyed $4.7bn of inflows in Nov-09; Australia’s AFM said hedge funds finished December up 1.1% and 17.4% YTD.

Hedge funds BlueCrest, Brevan Howard, Gartmore, Jabre and Lansdowne were the top EuroHedge Awards winners; Tony Blair was hired as a paid speaker for London-based Lansdowne Partners; Geneva’s Jabre said he would hard-close his flagship fund to new money when it reaches $2.5bn; Dutch hedge fund Greenbay said it might close down its European L/S fund if no capital comes in soon; it was said that, coming off an ‘outlier year,’ distressed debt managers were cautious about 2010; US research firm Hedgeye Risk started enabling investments in a “virtual” hedge fund; and banks such as Morgan Stanle......................

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. Art & Motion launches collectible car alternative investment vehicle[more]

    Komfie Manalo, Opalesque Asia: Luxembourg-based Art & Motion has launched a new investment vehicle dedicated to vintage cars and exceptional high-quality vehicles as this collectible market has grown exponentially the turn of the centu

  2. Opalesque Exclusive: Global Sigma captures February's long-vol trade[more]

    Bailey McCann, Opalesque New York for New Managers: Florida-based Global Sigma rode February's volatility to new highs. The firm's AGSF strategy is up +2.8 percent through February 16 and +4.2 percent YTD a

  3. Institutional Investors - Hedge funds regain their appeal for a $57 billion asset manager, Private credit strategies in stratosphere[more]

    Hedge funds regain their appeal for a $57 billion asset manager From Bloomberg.com: With volatility back on the radar, one of the Nordic region's biggest asset managers is considering relying a bit more on hedge funds to help oversee his portfolio. Mikko Mursula, the chief investment off

  4. Investing - All aboard for hedge funds as trade tide lifts shipping, Hedge funds pile into Time Warner in bet on merger success[more]

    All aboard for hedge funds as trade tide lifts shipping From Reuters.com: Forced to abandon ship after mistiming their investments five years ago, hedge funds are venturing back in a bid to profit from growing global trade flows. Around 90 percent of traded goods by volume are tran

  5. Investing - Hedge funds turn short on tech just as stock rally takes off, After biggest short, speculators slash bearish US bond bets as supply deluge looms[more]

    Hedge funds turn short on tech just as stock rally takes off From Newsmax.com: A key group of investors has just missed out on the biggest tech-stock rally since 2014. Hedge funds and other large speculators turned net short on Nasdaq 100 Index futures for the first time in 21 months, ac