Mon, May 22, 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 9

Saturday, March 06, 2010

Benedicte Gravrand, Opalesque London:

Last week, we heard of fund launches from Bedrock (Brazil multi-strat FoHFs); Aegon (UK Equity Absolute Return); Cheyne (UCITS M&A); Cowen Group (managed accounts fund); CastleBay, (Asia L/S equity); Black's Link Capital (Asia); Merchant Capital (Euro L/S equity Ucits); Toscafund (mid-cap Ucits); Aladdin (two distressed credit funds); Castlestone (Ucits of actively managed portfolio); Cape One (offshore version of PIPE fund); GoldVest (alternative investment and goodwill fund); Aviva (UK absolute return); Old Mutual (UK absolute return Ucits); and three China hedge funds from Jingliang, Heju and Longwin.

London-based Nevsky Capital shut down its $3.3bn hedge fund after the managers left.

The Parker FX Index reported a -0.30% return for the month of January; the Nordic Hedge Fund index rose 0.29%; the Australian Fund Monitors (AFM) index recorded a loss of 1.43%; Greenwich Alternative Investments launched seven new investable hedge fund indices; the Credit Suisse L/S Equity Replication Index was down 1.27% in February, the Inverse L/S Equity Replication Index +1.06%, the Credit Suisse Liquid Alternative Beta (LAB) Index +1.01%; Newedge's CTA Index was up 1.31% (-0.59% YTD), the Alternative Edge Short-Term Traders index up 0.70% (-0.38% YTD) in February.

The Morningstar 1000 Hedge Fund Index dropped 1.2% in January, as investors pulled $57bn from the funds in its database; HFI reported that European hedge fund launches and assets were on the rise again (10% in H2-09 to reach $382bn); Hennessee Group said hedge funds had recouped lost assets and returned to the 2008 levels of $1.96tln (est.); and an AR survey found that as of January 1, the biggest 213 US hedge fund firms managed combined assets of $1.182tln, a 4.2% increase from early 2009.

RWC said it w......................

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: Time to invest in robotics? (part 1)[more]

    Benedicte Gravrand, Opalesque Geneva for New Managers: The London-based, Swiss-born manager of the RoboCap UCITS Fund, talks to Opalesque about investing

  2. Investing - Hedge funds have been selling big winners this year, Hedge funds are betting $1 billion that Snapchat shares are going to drop, Here are the biggest bets made by top hedge funds in the first quarter[more]

    Hedge funds have been selling big winners this year From CNBC.com: Hedge fund managers' most popular stock to start the year has been a familiar name that is falling short in terms of performance, while the least popular companies all have been crushing the market. Procter & Gamble

  3. Investing - Third Point's Loeb surfs on as hedge fund washout continues, George Soros has added to his losing bets against the stock market, Hedge funds, VCs and the CIA are throwing money at ex-Bridgewater data scientists' startup, Hedge funds shed retail amid fears of "apocalypse"[more]

    Third Point's Loeb surfs on as hedge fund washout continues From Reuters/Nasdaq.com: Billionaire investor Daniel Loeb said on Thursday that he is still making money even as the hedge fund industry struggles. Loeb, who oversees the $16 billion hedge fund firm Third Point LLC, sa

  4. 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

  5. Opalesque Roundtable: Rise of high-frequency trading in Europe a challenge for traditional asset managers[more]

    Komfie Manalo, Opalesque Asia: The rise of high-frequency trading in Europe, dominating over 80% of the market, has become a challenge for traditional asset managers especially when it comes to risk management, said Philippe Malaise, chairman of advisory firm