Sat, Aug 1, 2015
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 8

Saturday, February 27, 2010

Benedicte Gravrand, Opalesque London:

Last week, we heard of fund launches from Insynergy and GAM (L/S UCITS China); Swiss Alpha (UCITS quant); Odey; BlackRock (Asia credit); Aisling Analytics (equity); and Theta Capital (FoFs).

Stanley Fink’s International Standard Asset Management (ISAM) formed and alliance with Hite Capital and is plannning the launch of a systematic fund and a fund of managed accounts; Odey Asset Management shut its Asia fund after failing to raise enough money, despite good returns.

Hedgebay launched the Global Illiquid Asset Index for hedge funds trading in side pockets and gated funds; the Scotia Capital Canadian Hedge Fund Index (asset weighted) was up 0.32% in January; Greenwich Alternative Investments launched eight new regional hedge fund indices; Credit Suisse launched an ETN linked to the Credit Suisse Long/Short Liquid Index; and Geneva advisory firm NARA Capital started a series of indices tracking almost 400 UCITS hedge funds and FoFs managing Eur63bn+.

Hedge fund assets may rise 14% (to $1.68tln) in 2010 as proposed regulations has created more confidence according to Eurekahedge Pte; and Blackstone AM saw FoHFs inflows of $500m in 2009.

BlueBay AM’s founders are to sell off their own shares to seed new hedge fund launches; RAB Capital is auctioning stakes in its Special Situations fund for its investors to sell off; Cazenove Absolute UK Dynamic fund won’t reopen until performance improves; a Hennessee Group study showed hedge funds generally lag their traditional counterparts when equity markets experience strong advances; a Credit Suisse survey found hedge funds clinging to fees as only 10% expect a drop.

Hedge funds will increase their investments in distressed debt and equity this year, the Reuters HedgeWorld & Dykema 2010 Insolvency Outlook Survey found; hedge ......................

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. Opalesque Exclusive: Despite bumpy June/July, CTAs hold on[more]

    Bailey McCann, Opalesque New York: To say that things have been rocky in managed futures recently is putting it mildly. In June, the industry saw its worst month on a performance basis in the past four years. Then yesterday,

  2. Investing - Hedge fund billionaires bet on London as revival gathers pace[more]

    From Bloomberg.com: London’s fund industry is bouncing back, and U.S. billionaires Steven A. Cohen and Ken Griffin are grabbing a piece of the action. Griffin’s Citadel and Millennium Management, a hedge fund run by Israel Englander, have bulked up in London, where asset growth is outpacing the U.S.

  3. Other Voices: Same day reporting and the evolving role of fund administrators[more]

    By: Scott Price, Head of Business Development and Client Management for North America, Maitland Ernst & Young’s latest glob

  4. Opalesque Roundup: Hedge fund assets rose to 11th consecutive quarterly record level: hedge fund news, week 31[more]

    In the week ending 24 July, 2015, the total global hedge fund industry assets rose to the 11th consecutive quarterly record level in 2Q15 to $2.97tln; Eurekahedge reported that hedge funds raised $93bn in the first six months of 2015; The SS&C GlobeOp Forward Redemption Indicator for July 201

  5. Cowen Group, Inc. to acquire Conifer Securities[more]

    Cowen Group, Inc. and Conifer Securities, LLC had announced the signing of a definitive agreement under which Cowen will acquire Conifer Securities, the prime services division of Conifer Financial Services LLC. The transaction, the terms of which have not yet been disclosed, was approved by the boa

 

banner