Sun, Mar 26, 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 17

Sunday, May 02, 2010

Benedicte Gravrand, Opalesque London:

Last week, we heard of fund launches from GHF (2 credit funds); Highland Capital (All Cap Equity Value); LGT Capital (UCITS III accessing managed futures strategy); Private Advisors; EM Capital (ESG EM); Providence AM (credit opps); Lyxor AM and Martin Currie (China fund on Lyxor's Hedge Fund Managed Account Platform); and Checchi Capital (distressed). Cadogan Management liquidated its Japan FoHFs following poor performance.

The Parker FX Index was up 0.78% for March (0.80% YTD), the Greenwich Composite Investable Hedge Fund Index was up 1.52% (+1.59% YTD); and the Morningstar 1000 Hedge Fund Index returned 2.8% (est.), 1.6% YTD, and funds in the index saw inflows of $2.6bn in February.

Hedge fund industry returns showed their lowest beta level since 2004, said Credit Suisse/Tremont; the Charles Schwab Corp. will allow advisers to hold in custody additional alternative investments once again; Hedgebay reported that in the secondary market trading, the highest number of trades had been completed so far in 2010; BlackRock said investors had slowed down on 're-risking' activities and shifted to passive funds; the combined fortunes of the top three hedge fund managers in the UK grew by GBP1.15bn last year, according to The Sunday Times Rich List 2010; Guillaume Rambourg is to return to a fund management role at Gartmore, and the firm’ shares jumped after the news.

The following trends were noted: BNY Mellon/Greenwich Associates said in a white paper on convergence between traditional invest......................

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. Hedge fund liquidations in 2016 surpass 2009 levels, new launches decline[more]

    Benedicte Gravrand, Opalesque Geneva: Even as the hedge fund industry's total assets exceeded the $3tln milestone last year, hedge fund liquidations increased. So much so that 2016 had the highest number of liquidations since 2008, claims the latest HFR Market Microstructure Report, re

  2. Hedge funds find no joy in macro as returns lag Trump rally[more]

    From Gulfnews.com: In 2017, macro hedge funds were expected to shine. So far? Not so much. It's been a far from impressive first two months for funds that trade around macroeconomic events. Discretionary funds rose just 0.3 per cent through February, according to Hedge Fund Research Inc., while the

  3. Strategies - Billionaire investor Marc Lasry shares how he's playing markets right now, Classic models are failing FX hedge funds desperate for return[more]

    Billionaire investor Marc Lasry shares how he's playing markets right now From CNBC.com: Buy on the prospect of deregulation. Sell on the enactment of deregulation. That's the strategy that billionaire investor Marc Lasry is implementing, according to an interview with CNBC in Las Vegas

  4. Opalesque Exclusive: Aberdeen makes the case for the lower mid-market[more]

    Bailey McCann, Opalesque New York: Aberdeen Asset Management has released a new paper focused on lower mid-market private equity. According to the paper, this segment of the private equity market is gaining popularity with private equity investors that are looking for multiple expansion and less

  5. Hedge funds await outcome of French elections, feel pinch on lower oil prices & weak dollar[more]

    Komfie Manalo, Opalesque Asia: Hedge funds felt the pinch of lower oil prices and weak U.S. dollar as the Lyxor Hedge Fund Index was marginally down as of the week ending 14 March, Lyxor Asset Management said in its Weekly Briefing. The Lyxor He