Sat, Dec 10, 2016
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. Institutions - Texas County & District culls 5 hedge funds, reallocates to existing managers, Kentucky board gives final approval to halve hedge fund portfolio, $38bn Finnish fund moves assets to U.S. as Europe flounders, South Korea’s National Pension Fund holds 5% stake in 62 listed companies[more]

    Texas County & District culls 5 hedge funds, reallocates to existing managers Texas County & District Retirement System, Austin, continues to reduce the number of hedge funds, but not the size of its $6.2 billion hedge fund portfolio. It will redeem a total of $760 million from five hedg

  2. Opalesque Roundtable: Australian family offices search for good risk adjusted returns, happy to pay for skill[more]

    Komfie Manalo, Opalesque Asia: Australian family offices want foremost good risk adjusted returns, and they are happy to pay for the skill, and in some cases, the limited capacity of an active manager. Jonas Daly, Head of Distribution at B

  3. StepStone announces close of Swiss Capital acquisition[more]

    StepStone Group LP announced it has successfully closed the acquisition of Swiss Capital Alternative Investments AG, one of the leading private debt and hedge fund solutions providers in Europe. The transaction was originally announced in May 2016, and has been in the process of receiving regulatory

  4. Investing - Stephen Cohen investing $275m in free clinics treating veterans' mental health issues, California Resources loses favor with hedge funds[more]

    Stephen Cohen investing $275m in free clinics treating veterans' mental health issues From Healthcarefinancenews.com: …Now, a new chain of free mental health clinics for vets has opened in five cities across the United States to fill the gap. The much-needed new treatment is underwritten

  5. Hedge funds flat in last week of November 'in sympathy with markets’[more]

    Komfie Manalo, Opalesque Asia: Hedge funds were close to flat in the last week of November in sympathy with markets, which took a pause ahead of the OPEC meeting and Italian referendum. The Lyxor Hedge Fund Index was -0.1% as of end November 29 (-1.7% YTD), according to the latest