Fri, Oct 21, 2016
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. M&A - U.S. hedge fund HarbourVest is shock winner in the £1.1bn SVG Capital takeover saga, Hedge fund Parvus shows hand, toppling William Hill merger deal[more]

    U.S. hedge fund HarbourVest is shock winner in the £1.1bn SVG Capital takeover saga From The fierce battle to buy Britain's biggest private equity group has come to an unexpected conclusion, with the original bidder walking away with the prize. SVG Capital has agreed

  2. Marc Lasry: Energy is still a phenomenal opportunity[more]

    From Distressed debt specialist Marc Lasry said energy debt is still a "phenomenal opportunity" because investors can get "massively overpaid" for the risk they take on. There are "huge opportunities" in the energy sector especially in restructurings, the Avenue Capital Group CEO said Tues

  3. Opalesque Exclusive: Ex-SAC manager re-emerges with market neutral hedge fund[more]

    Benedicte Gravrand, Opalesque Geneva for New Managers: A manager re-emerged from the SAC battleground last year to launch his own hedge fund under the umbrella of New York-based investment firm Endicott Group.

  4. North America - Hedge-fund manager Kyle Bass says the U.S. is on track for stagflation, Billionaire hedge fund titans Dinan, Lasry on election, markets and best investment ideas[more]

    Hedge-fund manager Kyle Bass says the U.S. is on track for stagflation From Kyle Bass, founder of Hayman Capital Management, on Wednesday warned that the U.S. is headed toward so-called stagflation. Stagflation is typically described as persistently high inflation and hi

  5. Macro hedge funds up 3.3% in one week on Fed and Brexit pays off[more]

    Komfie Manalo, Opalesque Asia: Hedge funds were boosted by the strong performance of global macro funds, with the Lyxor Global Macro Index gaining 3.3% as of the week ending Oct. 11 (-1.7% YTD), Lyxor Asset Management reported. Their short on the p