Wed, Jun 1, 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. Investing - Scientist turned hedge fund founder cuts profitable Aussie short, Pelargos joins hedge funds’ bet on turnaround at Honda, Managers set to cash in on infrastructure debt upswing[more]

    Scientist turned hedge fund founder cuts profitable Aussie short From Bloomberg.com: AE Capital, a hedge fund run by a former atmospheric scientist, trimmed bets against the Australian dollar as it gauges shifts in the world’s two biggest economies. The Australian, Canadian and New Zeala

  2. He's lost £200m in a year - so has Britain's star hedge fund boss Crispin Odey lost his golden touch?[more]

    From Thisismoney.co.uk: ...Odey’s laid-back attitude gave no indication of the turmoil his flagship fund had put investors through. It had tumbled 20 per cent in May – a terrible performance given most of his rivals were in positive territory for the year. Odey’s fund had got into trouble after taki

  3. Comment - If you’re such a great investor, where’s your alpha?[more]

    From Mineweb.com: … They are few and far between. You likely know their names. There is a short list of those who have 1) outperformed; 2) over long periods of time, and; 3) manage substantial sums of money. It’s impressive if you are on that list, but discouraging if you seek to invest institutiona

  4. European fund managers 'dressing up’ track record to gloss on performance[more]

    Komfie Manalo, Opalesque Asia: A new study by global analytics firm Cerulli Associates has found that the problem of 'dressing up' track records by fund managers is getting worse. In its latest issue of The Cerulli Edge - Europe Edition,

  5. Why the equity short bias hedge fund underperformed in April[more]

    From Marketrealist.com: The Barclay Equity Short Bias Hedge Fund returned -0.83% in April 2016. However, on a year-to-date basis, the fund provided a return of 3.4% through April 30, 2016. The equity short bias strategy works best when the Market is in a downturn. From January 2016 to mid-Febr