Mon, Feb 19, 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 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. Chenavari, a $5.4bn hedge fund, told investors it thinks 'we could experience a similar pattern as the 1987 crash'[more]

    From Businessinsider.com: A $5.4 billion hedge fund told clients markets could tumble just like they did in the 1987 crash. In a February 14 letter to clients, London-based Chenavari Investment Managers warned about current market conditions. From the letter (emphasis added): "Our view is that

  2. Investing - Hedge fund Bridgewater makes $22 billion bet against European firms, Hedge funds Steadfast and Suvretta jump onto CSX in fourth quarter, Tepper's Appaloosa boosts Apple, Facebook as others bolt, Third Point buys Netflix and MGM, dumps Bank of America, Moore Capital bought Wynn Resorts, other casino stocks before Steve Wynn resigned[more]

    Hedge fund Bridgewater makes $22 billion bet against European firms From Reuters/USNews.com: Bridgewater has shown its hand in Europe with a $22 billion bet against some of the continent's biggest companies, filings reviewed by Reuters show, part of a bigger shift by the world's largest

  3. Funds Profiles - Brother-run hedge fund up 46% in 2017 says Kelly formula shows diversification is flawed, How a 6,000% profit on a single trade saved a small hedge fund from disaster[more]

    Brother-run hedge fund up 46% in 2017 says Kelly formula shows diversification is flawed From Valuewalk.com: When Jeremy and Michael Kahan consider the notion of diversification, the wince. With a return of 45.8% to end 2017, their stock-picking fund, North Peak Capital, successfully

  4. Investing - Hedge funds hook shipping stocks grappling for recovery, Small cap hedge funds offer alternative for cannabis investing, Top stock-picking hedge funds love gaming, health care and media shares, Hedge funds Steadfast and Suvretta jump onto CSX in fourth quarter[more]

    Hedge funds hook shipping stocks grappling for recovery From Hellenicshippingnews.com: Shipping stocks may still be in the doldrums in the view of many investors, but hedge funds have bet at least $675 million on signs of renewed buoyancy in the industry. Hedge funds made initial f

  5. Outlook - Eaton Vance: Retail volatility products 'the tip of the iceberg' in market turmoil, Quadratic Capital says markets to remain turbulent for some time[more]

    Eaton Vance: Retail volatility products 'the tip of the iceberg' in market turmoil From CNBC.com: While a lot of attention has been paid to retail volatility products that contributed to the recent sell-off, those securities are "just the tip of the iceberg," Eddie Perkin, chief equity i