http://www.opalesque.com Roundtable updates from Opalesque.com, a premium hedge fund news service en-us Copyright 2006, Opalesque.com knab@opalesque.com (Matthias Knab) knab@opalesque.com (Matthias Knab) Exclusive Fri, 03 Sep 2010 11:54:58 +0200 5 http://www.opalesque.com/60354/Fat_tail_events_occur_five_times_more.html Wed, 01 Sep 2010 00:00:00 +0200 From Kirsten Bischoff, Opalesque New York: With the roiling summer markets, news-making opinions such as Noster Capital’s anticipation of the second leg of the crisis, and the release of August Federal Reserve meeting minutes reflecting concern that “the committee would need to consider steps it could take to provide additional policy stimulus if the outlook were to weaken appreciably further”,... http://www.opalesque.com/60364/Variance_Capital_founder_Martin_Frenette_joins_alts.html Wed, 01 Sep 2010 00:00:00 +0200 From the Opalesque team: Martin Frenette, founder and managing director of Canadian consulting firm Variance Capital Management announced yesterday that he had joined the London-based alternatives division of Lombard Odier Investment Managers this week. Frenette commented on the move saying "I was attracted to Lombard Odier by their innovative approach as fundamental active asset m... http://www.opalesque.com/60336/Elliott_versus_Absolute_Return_magazine_case.html Tue, 31 Aug 2010 00:00:00 +0200 From Kirsten Bischoff, Opalesque New York: This Thursday (September 2, 2010) Absolute Return (AR) magazine is expected to file its response to hedge fund firm Elliott Associates, which demanded the media outlet divulge the source that leaked the firm’s investor letter (and which AR has said it will be printing). The hearing for the matter has been set by the New York court system for September 9... http://www.opalesque.com/60337/Coastal_Global_Macro_fund_up.html Tue, 31 Aug 2010 00:00:00 +0200 From the Opalesque team: Coastal Partners Global Macro (CPGM), which was launched in April, is managed by Robert Henrich, Managing Director of Bahamas-based Coastal Partners and partner Richard Russian, who produced a five year track record. In the early 1980s, Russian was, reportedly, one of the largest commodity trading advisors in the world... http://www.opalesque.com/60339/Frontier_Equity_Strategy_outperforms_benchmarks_nears.html Tue, 31 Aug 2010 00:00:00 +0200 Consilium Investment Management’s Frontier Equity Strategy nears its one year anniversary with solid out performance against representative benchmarks. Jonathan Binder, CIO of Florida-based Consilium Investment Management, stated, “We are pleased to have received significant interest in this asset class from forward thinking institutional investors... http://www.opalesque.com/60343/Update_GLG_stockholders_to_vote_for_or.html Tue, 31 Aug 2010 00:00:00 +0200 From the Opalesque team: GLG Partners, Inc. on August 27 invited its stockholders to attend a special meeting in New York some time in September, with regards to the acquisition proposed on May 17 by Man Group plc... http://www.opalesque.com/60315/Review_of_hedge_fund_launches_closures_trends.html Mon, 30 Aug 2010 00:00:00 +0200 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 new firm AlphaNex Capital (systematic hedge fund); Universal-Investment and York A.M... http://www.opalesque.com/60316/High_frequency_trading_has_devalued_human.html Mon, 30 Aug 2010 00:00:00 +0200 From Kirsten Bischoff, Opalesque New York: Since the onset of the financial crisis midway through 2007, high frequency trading (HFT) has been put forth multiple times as an uncontrollable, evil force exacerbating volatility in the markets. However, it wasn’t until the “flash crash” of May 6th 2010, that HFT felt the full spotlight of the public’s attention. Is the sudden fascination with HFT ... http://www.opalesque.com/60317/Swiss_private_bank_Clariden_Leu_to_launch.html Mon, 30 Aug 2010 00:00:00 +0200 Benedicte Gravrand, Opalesque London: Swiss Private Bank Clariden Leu is launching a UCITS fund of hedge funds on August 31st in association with hedge fund specialist Olympia Capital Management, Stéphane Julen, Head of Hedge Funds at Clariden in Zurich, told Opalesque. The fund will be called Clariden Leu (Lux) Liquid Alternatives Fund... http://www.opalesque.com/60298/Investing_in_agricultural_land_is_the_way.html Fri, 27 Aug 2010 00:00:00 +0200 Benedicte Gravrand, Opalesque London: Part One, published yesterday, can be accessed here. Agricultural investing, even with its shortcomings, is attracting interest from investors and from fund managers... http://www.opalesque.com/60299/Conference_strategies_Part_Three_etiquette.html Fri, 27 Aug 2010 00:00:00 +0200 From Kirsten Bischoff, Opalesque New York: August is filled with the fresh possibilities of a new year, a clean slate. The seasonal shift from summer vacations to autumn's hard work begins in youth with "back-to-school" traditions and continues into adulthood... http://www.opalesque.com/60300/All_three_Scipion_funds_grow_stronger_on.html Fri, 27 Aug 2010 00:00:00 +0200 Precy Dumlao, Opalesque Asia: All three funds from Africa-focused, Cayman-domiciled Scipion Capital Ltd., produced positive returns in July due to the weak U.S. dollar and to strengthening African currencies, said Nicolas Clavel, founder and CIO of the firm in a communication with investors. In his "African Explorer's Diary," Clavel said that July proved to be an exce... http://www.opalesque.com/60280/Investing_in_agricultural_land_is_the_way.html Thu, 26 Aug 2010 00:00:00 +0200 Benedicte Gravrand, Opalesque London: Agricultural investing, even with its shortcomings, is attracting much interest from investors and from fund managers. The main reasons for are, for one, the rising global population and the dwindling available land; and secondly, the search for an inflation hedge and for real assets which are uncorrelated to financial markets... http://www.opalesque.com/60281/Conference_strategies_Part_Two_the.html Thu, 26 Aug 2010 00:00:00 +0200 From Kirsten Bischoff, Opalesque New York: August is filled with the fresh possibilities of a new year, a clean slate. The seasonal shift from summer vacations to autumn’s hard work begins in youth with “back-to-school” traditions and continues into adulthood... http://www.opalesque.com/60262/Conference_strategies_Part_One_distilling.html Wed, 25 Aug 2010 00:00:00 +0200 From Kirsten Bischoff, Opalesque New York: August is filled with the fresh possibilities of a new year, a clean slate. The seasonal shift from summer vacations to autumn’s hard work begins in youth with “back-to-school” traditions and continues into adulthood... http://www.opalesque.com/60263/Sydney_firm_eStats_to_launch_high_frequency.html Wed, 25 Aug 2010 00:00:00 +0200 From Precy Dumlao, Opalesque Asia: Sydney-based private proprietary trading firm eStats Funds Management Pty Ltd has announced plans to launch an ultra-high frequency global futures trading strategy called eStats Revolution Fund in October. Revolution Fund will not charge management fee and all possible fund operational costs are to be shouldered by the firm. eStats added that the company... http://www.opalesque.com/60242/Plenty_of_trade_opportunities_in_fluctuating_Asian.html Tue, 24 Aug 2010 00:00:00 +0200 Benedicte Gravrand, Opalesque London: Several reports announced in May and June that Dutch pension fund manager APG had seeded Cavenagh Capital's new Asia macro fund with $40m, which started trading last month. Andrew Gale, Cavenagh's CEO, talked to Opalesque about the current environment in Asia and his fund... http://www.opalesque.com/60243/Carbon_360_launches_Fund_Administration_Market.html Tue, 24 Aug 2010 00:00:00 +0200 From Kirsten Bischoff, Opalesque New York: The hedge fund administration industry has been impacted by multiple changes over the past two years. While the financial crisis caused massive outflows in assets under administration, investors underscored the importance of hedge fund administrators by demanding that contracting to third party providers become standard practice industry wide... http://www.opalesque.com/60244/Ayaltis_launches_distressed_credit_fund.html Tue, 24 Aug 2010 00:00:00 +0200 From the Opalesque team: After the successful launch of their flagship fund Ayaltis Areca Value Discovery in December 2008, in midst of the credit crisis, Ayaltis announced the launch of Ayaltis Acantias Offshore fund, a specialized and concentrated fund of hedge funds dedicated to capture deep value investment opportunities in the stressed and distressed credit space and the hire of two new seni... http://www.opalesque.com/60246/Diamond_Age_Russia_Fund_returns_in.html Tue, 24 Aug 2010 00:00:00 +0200 From Precy Dumlao, Opalesque Asia: The Russia-focused Diamond Age Russia Fund gained 7.7% in July (-7.64% YTD), reversing its modest -2% decline in June after strong performance last month fuelled the fund's positive growth. In its monthly letter to investors, the fund said its July performance beat the results of RTS +6.6%, MICEX +3.7% and global emerging markets. Since its restructuri...