Thu, Jul 30, 2015
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
New Managers October 2013

Launches and new funds' news: Most launched strategy so far this year; Recent maiden fund launches and new funds' updates

Most launched strategy in 2013 so far is long/short 

According to Preqin's breakdown in the “2013 Preqin Investor Network Global Alternative Report,” the most launched strategy in 2013 so far is Long/Short. This is followed by Macro and Event Driven. Managers have bet the right way in opting for the long/short strategy as such funds have been doing well so far this year, even though they were down a bit in August.

Amy Bensted, Head of Hedge Fund Products at Preqin, says that 396 funds have been launched so far in 2013. "In Q2 2013, we witnessed further growth in the proportion of event driven strategies coming into the market," she adds, "as fund managers continue to see opportunities in the event driven space. Conversely launches in the CTA and macro strategy sectors, the two worst performing strategies over 2013 so far, continue to slow."

... "There continues to be significant levels of search activity amongst investors in hedge funds," notes Amy Bensted. "So far in 2013, over 600 investors have indicated they are looking to add new funds to their portfolio in the year ahead. Long/short equity funds are most commonly being sought by institutional investors and we have also seen an increase in investors looking to invest through separately managed accounts and the additional transparency, liquidity and control these structures can offer."

Breakdown of Hedge Fund Launches by Top Level Strategy, Q1 2012 - Q2 2013

Source: www.preqin.com

Read the full article here.

 

We ......................

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. Opalesque Exclusive: Despite bumpy June/July, CTAs hold on[more]

    Bailey McCann, Opalesque New York: To say that things have been rocky in managed futures recently is putting it mildly. In June, the industry saw its worst month on a performance basis in the past four years. Then yesterday,

  2. Opalesque Exclusive: Michael E. Lewitt: Greece, Puerto Rico, China stock market problems are symptoms of global underlying disease[more]

    Benedicte Gravrand, Opalesque Geneva: Michael E. Lewitt, manager of the Third Friday Total Return Fund, L.P., author and market commentator, says in a Q2 letter

  3. Investing - Hedge funds, seeing opportunity, invest in struggling hotels in Puerto Rico[more]

    From NYTimes.com: Puerto Rico’s tourism industry has fallen victim to the island’s struggling economy, hit by one misfortune after another. In March, the San Juan Beach Hotel filed for bankruptcy. This week, the Condado Plaza Hilton was forced to close its casino. But nearly two thousand miles away,

  4. Investing - Hedge fund billionaires bet on London as revival gathers pace[more]

    From Bloomberg.com: London’s fund industry is bouncing back, and U.S. billionaires Steven A. Cohen and Ken Griffin are grabbing a piece of the action. Griffin’s Citadel and Millennium Management, a hedge fund run by Israel Englander, have bulked up in London, where asset growth is outpacing the U.S.

  5. Opalesque Exclusive: London quant shop launches new improved strategy[more]

    Benedicte Gravrand, Opalesque Geneva for New Managers: Simon Wajcenberg, CEO of K1T Capital Ltd, a systematic quant based hedge fund asset manager based in London

 

banner