Sat, Aug 27, 2016
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
New Managers September 2013

Launches: Skënderbeg fund of hedge funds, Leprin Tail Risk Green Fund, Humber Global, Diamond fund, HFR statistics + Recent maiden fund launches and new funds' updates

Ex-BrunnerInvest analyst prepares launch of fund of long/short equity hedge funds for spring 2014 Bruno Schneller

Benedicte Gravrand, Opalesque Geneva

... A courageous act, as hardly anybody is launching funds of hedge funds (FoHF) these days. Hedge Fund Research said last week that the number of FoFs continued to decline to 1,842 in the second quarter (2Q2013), the lowest level since 2005; that the total hedge fund industry capital managed via FoFs declined to 26.8%, the lowest level since 2001; and that FoF liquidations exceeded FoF launches for the 9th consecutive quarter, dating back to 1Q11.

"There is some room for emerging FoF managers," Schneller tells Opalesque. "From time to time, there has to be some fresh ideas and some new companies. We don't have any competitor launching FoFs. The FoF industry is at the bottom of the J curve."

... Schneller left his hedge fund analyst position at BrunnerInvest, a Zurich-based FoF and wealth manager, at the end of July and co-founded a new company also based in Zurich on 1st August, named Skënderbeg Asset Management.

Read the full article here: www.opalesque.com/648041/analyst_prepares_launch_of_fund_of_longshort804.html

 

Ex-Fundana analyst to launch systematic tail risk hedge fund with responsible bias by January ......................

To view our full article please login

This article was published in Opalesque's New Managers a top-down monthly analysis, news and research publication on the global emerging manager space.
New Managers
New Managers
New Managers

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. Strategies - The 'Holy Grail' hedge fund strategy to handle a black swan the size of World War I, Hedge funds get more pushback on terms as enthusiasm for strategy wanes[more]

    The 'Holy Grail' hedge fund strategy to handle a black swan the size of World War I From IBTImes.co.uk: To illustrate a strategic gap common to today's portfolio managers, George Sokoloff, PhD, founder and CIO at Carmot Capital, proposes an interesting thought experiment – a breakdown of

  2. Institutional investors - Investors set to increase allocation to private debt, With investment income key, Richmond retirement system faces funding challenges[more]

    Investors set to increase allocation to private debt Investors are set to increase their allocation to private debt, with 60% revealing they believe the private debt market will grow over the next 12 months, according to a new study by Elian, a leading funds services provider. 41%

  3. Investing - Hedge funds snap up banks, unload Apple, Some of hedge funds' favorite stocks are finally starting to beat the market, Einhorn's Greenlight shifts positions, Treasury yield climbs to two-month high as Fischer joins hawks, 9 stocks smart investors put their money in last quarter[more]

    Hedge funds snap up banks, unload Apple From Barrons.com: Prominent hedge funds have a newfound love of big banks, and some have a distaste for shares of Apple, regulatory filings released last week show. The filings suggest that the funds have been pivoting their portfolios in recent mon

  4. Chesapeake energy seeks $1 billion loan to refinance debt[more]

    From Bloomberg.com: Chesapeake Energy Corp. is seeking a $1 billion loan as the company battered by cratering fuel prices and credit downgrades takes a step to address its $9 billion debt load. The natural gas producer hired Goldman Sachs Group Inc., Citigroup Inc. and Mitsubishi UFJ Financial Group

  5. Institutions - Nordic pension funds magnify focus on unlisted and direct investing, building up teams[more]

    From IPE.com: As bond yields remain at low or negative levels, pension funds and other institutional investors in the Nordic region are stepping up efforts to find higher returns by adding more unlisted investments to portfolios and are expanding in-house teams in order to do this, according to new