Fri, May 26, 2017
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 7

Saturday, February 20, 2010

Benedicte Gravrand, Opalesque London:

Last week, we heard of fund launches from Top Crystal (L/S equity); Astenbeck Capital (energy); Laxey (onshore absolute return); Geier Capital; Karsch Capital (distressed); Onex (senior debt securities); and Intelectia Capital (Ucits CTA).

HFR said the HFRI Emerging Markets Index posted 40% in 2009 which was its best gain since 1999; Credit Suisse/Tremont Hedge Fund Index confirmed it was up 0.17% in January; The Greenwich Global Hedge Fund Index down 1%; The Barclay CTA Index went down 1.48% as 60% of CTAs began 2010 in the hole; The HFRX Absolute Return Index returned +0.13%; More than half of EDHEC-Risk hedge fund indices were positive; Ucitsindex.com’s new UCITS HFS Index was down 0.14%; And the HFN Hedge Fund Aggregate Index returned -0.81%.

HFN said that, in January, total hedge fund assets had decreased 0.14% to an estimated $2.038tln, mainly due to performance; but investors allocated $4.51bn to HFs; ETF assets crossed the $1tln mark in 2009, up 45.7% from 2008, and are expected to grow 20-30% in 2010, said BlackRock; and GLG Partners’ assets were up 47% from a year ago, to $22.2bn.

KTOs Capital Partners in Japan said it plans to invest $330m in start-up Asian hedge funds; Brevan Howard restructured its Absolute Return Bond Plus Fund as it failed to attract enough investor interest; BlueBay AM boosted pre-tax profits by more than 200% in H2-09; European banks, healthcare companies and property firms attracted short-sellers in the past two weeks, according to DataExplorers; firms run by John Paulson, Eric Mindich and George Soros purchased almost half a......................

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. Investing - Tudor Jones backs AI hedge funds, Massive hedge fund trades highlight insider buying: GE, Pentair, Tempur Sealy, Apollo Global and more, Hedge funds big wigs are buying consumer and selling tech, here's the stocks[more]

    Tudor Jones backs AI hedge funds From FT.com: Hedge fund magnate Paul Tudor Jones has invested in a brace of artificial-intelligence powered "quantitative" hedge funds, underscoring the increasing acceptance that the industry will need to turn more to technology and away from traditional

  2. Soon hedge fund investors won't bet on a man, they will bet on a machine[more]

    From Forexlive.com: The Wall Street Journal is in the midst of a 17-part series that looks at the rise of quant funds. The AUM and money invested in quant funds still trails traditional asset managers but the gap is closing. What's truly amazing is volume. Quant funds make up 27% of trading vo

  3. Investing - China's HNA wants to invest in Value Partners, Risk parity investors reap rewards from rebalancing act, SoftBank's $100 billion tech fund rankles VCs as valuations soar[more]

    China's HNA wants to invest in Value Partners From Reuters.com: HNA Group has alighted on a logical, if pricey, target in Hong Kong. The deal-hungry Chinese travel conglomerate known for overpaying wants to invest in Value Partners, one of Asia's few sizeable independent asset managers,

  4. Opalesque Exclusive: Investors warm to ESG, but seek standardization[more]

    Bailey McCann, Opalesque New York: Asset managers and asset owners plan to double their investment in Environmental, Social and Governance (ESG) driven strategies over the next two years, according to a survey from BNP Paribas Securities Services. The report, "Great Expectations: ESG - what's nex

  5. J.P. Morgan Asset Management launches ultra-short income ETF[more]

    Komfie Manalo, Opalesque Asia: J.P. Morgan Asset Management, the $1.5tln investment management arm of JPMorgan Chase & Co., has launched the JPMorgan Ultra-Short Income ETF (JPST), an actively managed ETF that seeks to provide current incom