Wed, Feb 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 15

Saturday, April 17, 2010

Kirsten Bischoff, Opalesque New York:

Last week, we heard of fund launches from Iridium Asset Management (Asian equity long/short), started by Jason Wang (former GLG manager) and Simon Quirke (former Lionhart manager) and The Eaton Vance Commodity Strategy Fund, which will be co-managed by John Brynjolfsson of Armored Wolf. Environmental focused firm Impax Asset Management will launch an open ended Asia focused fund; while Swedish Adapto targets wind power in its new Adapto Green fund. RoadRunner Capital Management will launch its first hedge fund the Lobo Volatility Fund (market neutral), Octopus plans a European Absolute Return fund, a new l/s healthcare fund will launch courtesy of Davidson Kempner alum Roderick Wong, Pictet has a new UCITS III fund (l/s equity), and Mirae will target Korean investors with a new CTA to be managed by Robeco affiliate Transtrend.

Launches have slowed overall in the early part of 2010, with most new products being rolled out by established firms. However, still seeing smaller start ups is the high frequency trade space Meanwhile, Trafalgar announced the launch of a new Cayman vehicle (credit) even as it announced it has closed its Lux-registered Special Investment Fund.

Credit Suisse/Tremont Hedge Fund Index posts positive March returns, +2.22% (+3.09% YTD) Eurekahedge Hedge Fund index up +2.54% (est.) in March, (+2.16% YTD) Lyxor's main investable hedge fund index up +2.12% in March, (+2.27% YTD) HFN Aggregate Index up +3.04% (est.) in March (+3.03% YTD) Greenwich Global HF Index up +2.92% (est.) (+2.87% YTD) Barclay Hedge Fund Index up 3.08% (est.) in March (+3.45% YTD) Barclay CTA Index gains 1.17% in March (-0.53% YTD) RBC Hedge 250 Index returns +1.59% (est.) in March (+1.80% YTD)

TrimTabs/Barclayhedge r......................

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. People - Kuwait wealth fund head Al Saad said to step down after 14 years[more]

    From Bloomberg.com: Kuwait Investment Authority is set to name Farouk Bastaki as managing director, replacing Bader Al Saad who ran the world's fifth-largest sovereign wealth fund for 14 years, a person familiar with the matter said. The KIA, as the fund is known, is finalizing the appointment, said

  2. Manager Profile - Eddie Lampert: a painful entanglement with Sears[more]

    From Moneyweek.com: "In the long run we are all dead." Lex in the Financial Times reached for the famous quote from John Maynard Keynes in January when, after a long and unforgiving decline, the clock finally appeared to be running out on Sears, the iconic US department store group. Yet the group's

  3. Investing - Hedge funds quit Aberdeen shorts as shares begin to recover, Hedge funds' next big short: U.S. malls, O'Connor fund owns 9.5% of Protalix Biotherapeutics, U.S. hedge fund takes position in Macau hotel The 13[more]

    Hedge funds quit Aberdeen shorts as shares begin to recover From Investmentweek.co.uk: The last two hedge funds to short Aberdeen Asset Management have removed their positions, as the fund group's shares begin to show signs of recovery after a difficult few years. According to the Financ

  4. Latin America, high yields and Asia Pacific strategies dominate hedge fund returns in January[more]

    Komfie Manalo, Opalesque Asia: Latin America (+7.04%), high yield (5.63%), and Asia-Pacific (+5.06%) strategies dominated hedge fund performance in January, data provider Hennesee Fund Research said. The bottom three strategies for the mont

  5. Investing - Hedge funds loading up on this dividend stock, The biggest hedge funds have been piling into bank stocks[more]

    Hedge funds loading up on this dividend stock From Incomeinvestors.com: Hedge funds are backing up the truck on Cameco Corp stock. Billionaire Jim Simons owns 389,000 shares. Other Wall Street titans - including Ray Dalio, Ken Griffin, and Chuck Royce - have been quietly building positio