Mon, Aug 31, 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 14

Saturday, April 10, 2010

Benedicte Gravrand, Opalesque London: A roundup of the week’s hedge fund launches, closures, index performance, trends, regulatory, legal and financial events pertaining to the alternative investments industry.

Last week, we heard of fund launches from Ignis AM (absolute return); Illume Capital (multi-strat); HSBC (emerging markets UCITS fund); BlueMountain Capital (3 credit funds); Ironsides (event driven); Dreyfus (mutual fund with HF strats); ESAF and BAF (fund of UCITS III alpha funds); and Sirohi Capital (L/S equity).

The Australian Fund Monitors’ hedge fund Index was up 0.11% in February, 16.74% in last the 12 months; Dow Jones Hedge Fund index returned positive numbers in March and YTD; Credit Suisse Liquid Alternative Beta Index's performance (1.02% in March, 1.83% YTD) suggested that hedge funds would finish Q1-10 in positive territory; UCITS Alternative Global Index was up 1.64% (1.35% YTD); HFRI Fund Weighted Composite Index +2.7% (est.) (+2.56% YTD), the highest gains since September; HFRX Global Hedge Fund Index returned 0.67% (est.), 2.31% YTD; Hennessee Hedge Fund Index advanced +3.05% (+3.50% YTD), underperformed rallying equity markets; Peregrine Prime South Africa hedge funds added 2.55% before fees; Newedge’s AlternativeEdge STTI was down 0.34% (-0.72% YTD), and the CTA Index up 2.51% (2.01% YTD).

Credit Suisse's annual hedge fund survey found that assets could hit $2tn by year-end and that investors intend to increase their allocations by an asset-weighted average of 9% this year; aggregate assets managed by the 25 largest FohFs managers dropped more than one-third (37% to $319bn) in the 18 months ended Dec. 31, according to survey by Pensions & Investments; Charlemagne’s assets rose by 3% YTD and Roc Capital raised $1bn for a quant hedge fund launched last summer.

According to Absolute Return, the hedge fund ind......................

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. Investing - Hedge funds suddenly find real money is back in Argentina's debt, Elon Musk buys more SolarCity stock following hedge fund manager short, BlackRock plans to get into rental-home financing[more]

    Hedge funds suddenly find real money is back in Argentina's debt From Bloomberg.com: The real money is back in Argentina. Before the country’s default in July 2014 (its second in 13 years), most long-term investors abandoned its bond market. As they rushed out, Argentina became a favorit

  2. Activist News - Carl Icahn has snapped up a huge stake in Freeport-McMoRan, and the stock is ripping, Meet Europe's best activist investor[more]

    Carl Icahn has snapped up a huge stake in Freeport-McMoRan, and the stock is ripping From Businessinsider.com: Carl Icahn has picked his next target: Freeport-McMoRan. Icahn and a group of other investors have snapped up an 8.46% stake in mining company Freeport-McMoRan, according to a j

  3. North America - Hedge fund manager Ray Dalio’s challenge to the Fed[more]

    From Newyorker.com: For some reason, Janet Yellen, the chair of the Federal Reserve, decided to skip this year’s annual Fed conference in Jackson Hole, where monetary policymakers from the United States and abroad get together with some prominent academics to discuss the big issues of the moment. Th

  4. Performance - Hedge funds set to bank millions by short selling during London share slump, The China market chaos has made this hedge fund its most money in 2 years, Odey hedge fund said to surge 9% betting against China, Hedge funds with long-held bearish views on China rack up profits, Hedge funds in U.S. seen curbing damage from August turbulence, Hedge funds collect on their predictions of a fall, How did managed futures do while the Dow was down 1000[more]

    Hedge funds set to bank millions by short selling during London share slump From TheGuardian.com: Hedge funds are set to bank tens of millions of pounds from the slump in share prices in London, having bet almost £18bn that the FTSE 100 would fall. The funds making the bets include Lansd

  5. Opalesque Exclusive: John C Head IV leaves alternative investment firm Gallery Capital, David Harrison joins as co-CIO[more]

    Benedicte Gravrand, Opalesque Geneva for New Managers: John C Head IV, former president and co-founder of Gallery Capital Management, an alternative inv

 

banner