Opalesque Exclusive: Classic Auto Funds Limited (CAF) launches several car investing funds... [more]Bailey McCann, Opalesque New York: A new trend in alternative alternatives is emerging - car appreciation funds. Classic Auto Funds Limited (CAF) is the first to market with several funds that make super elite luxury cars into real asset investments. As a result of growing overseas demand couple

Opalesque Exclusive: Trends in alternative investments - First Trust Advisors... [more]Mark Melin, Opalesque Futures Intelligence, Chicago: In this interview, Opalesque Futures Intelligence Editor Mark Melin discusses current trends in alternative investing with Rob Guttschow and John Gambla of First Trust Advisors Mark Melin: Can you just describe the benefits of

Opalesque Exclusive: Asian volatility fund prefers to wait for the larger moves... [more]Benedicte Gravrand, Opalesque Geneva for New Managers: Here is a fund that manages to keep year on year positive returns thanks to its extensive use of Asian convertibles to trade volatility, as well as index option

Performance – Hedge funds make the worst start to a year since 2008, Best of hedge funds in Q1; Mortgage, Pershing Square lead the way, Indian hedge funds outperform peers in Q1... [more]Hedge funds make the worst start to a year since 2008 Data from Preqin’s Hedge Fund Analyst reveals that hedge funds have suffered their worst first quarter in terms of performance since 2008, with the Preqin All Hedge Fund Strategies benchmark up 1.23% year-to- date (YTD). This is in co

Assets – Money flows back into hedge funds, Armajaro Commodities Fund assets fall almost 25% in first quarter, Hedge fund returns hit by China volatility... [more]Money flows back into hedge funds From Funds-Europe.com: Hedge funds attracted $55 billion (€40 billion) of net new money in the first quarter of the year, more than in any quarter since 2007. As in the previous six months, equity-focused funds were the most successful at raising assets

Barclay Hedge Fund Index dips 0.09% in March +1.39% YTD... [more]Hedge funds lost 0.09% in March, according to the Barclay Hedge Fund Index compiled by BarclayHedge. The Index is up 1.39% year to date. “Global equity markets experienced their version of March Madness as fears of Russian expansionism, Fed tightening, and slowing growth in China spiked intra-month

U.S. hedge funds swoop for European Care Group... [more]From Healthinvestor.co.uk: US-based hedge funds DE Shaw and Varde Partners have acquired one of the UK’s largest care businesses, European Care Group (ECG), HealthInvestor can confirm. ECG, which is to be immediately rebranded as Embrace, first came to market 12 months ago as the social care provide

Fund Profile – Leader Total Return Fund nimble enough to navigate the edges of fixed income... [more]When navigating fixed income, John Lekas is not shy about straying off the beaten path and he acknowledges the smaller size of his fund has its advantages. Mr. Lekas, president, chief executive and senior portfolio manager at Leader Capital Corp., is separating from the pack with his Leader Total Re

Regulatory – Hedge fund transparency sets new standard, Hedge funds face tighter funding restrictions, South Africa hedge fund regulations published, AIMA publishes new guides for hedge fund managers who want to comply with AIFMD, EU Parliament’s vote of UCITS V Directive creates alignment with AIFMD... [more]Hedge fund transparency sets new standard From HFAlert.com: Disclosure requirements mandated by the Dodd-Frank Act have made hedge funds more transparent than registered investment vehicles such as mutual funds and exchange-traded funds. At least that’s the consensus within the SEC two ye

Legal – SAC given 90 days to pay $1.8bn insider trading fine, New York attorney-general subpoenas high-frequency traders, In ruling of wide significance, In ruling of wide significance, Privy Council decides on Madoff feeder Fairfield... [more]SAC given 90 days to pay $1.8bn insider trading fine From eVestment.com: Steve Cohen’s SAC Capital Advisors has been given 90 days to pay its record $1.8 billion insider trading penalty. The New York Times reported that the three-month period would mean that SAC Capital, which changed it

Commodities – Influence of banks, hedge funds on commodities lowest since 2008... [more]From Reuters.com: United Nations economists who previously called for government intervention to tame volatile swings in commodity prices say banks and hedge funds have since reduced their influence to the lowest level since 2008. In a 2012 report for the UN Conference on Trade and Development

Activist News – Jason Ader in proxy fight with gaming company Bwin, Dan Loeb’s museum board history not a strong case for Sotheby’s... [more]Jason Ader in proxy fight with gaming company Bwin From WSJ.com: A New York activist investor is rolling the dice on a proxy fight against London-listed online-gaming company Bwin.Party Digital Entertainment. Jason Ader's SpringOwl Asset Management LLC is expected to announce Thurs

News Briefs – Two hedge fund titans agree to buy the Milwaukee Bucks... [more]Two Wall Street bigwigs, Marc Lasry and Wesley Edens, have a taste for distressed assets. So the Milwaukee Bucks, the basketball team that currently holds the worst record in the N.B.A., is right up their alley. (

…And Finally – North Korean embassy complains to UK after salon mocks leader's hair... [more]From Reuters.com: North Korea failed to see the joke when a London hair salon used a picture of its leader Kim Jong Un to try to attract more customers and has written to Britain's Foreign Office asking it to stop what it calls a "provocation". A hair salon in west London put up a giant poster