|
|
From Kirsten Bischoff, Opalesque New York: A roundup of last week’s hedge fund launches, closures, index performance, trends, regulatory, legal and financial events pertaining to the world of alternative investments.
Last week, we heard of fund launches from: VAM Funds which launched the VAM Asia Fixed Income Fund which will be run through Hong Kong=based Enhanced Investment Products, ex-Lehman banker Edward Filippi plans for Ground Zero Strategic (Commodity) to open in 2010, and Brookfield Asset Management teamed with 2 institutions for a $1bn credit fund. Economist Dennis Gartman will speculate on global equities and commodities, David Oros launched Global Domain Partners and the Global Domain Vector Fund, $1bn Pine River has launched Nisswa Convertibles Fund (US convertibles), and Swiss Alpha will launch a UCITS III compliant version of its Alpha Strategies Fund.
A split over strategy will bring to a close the once $3.2bn Millennium Southport Funds II, and investors in Swedish based Northern Spirit learned the directors were disbanding the fund after slow growth over the past 2.5 years. As these managers and others close funds consultant Ron Getto of Constellation Investment Consulting Group explained to Opalesque throughout a three part exclusive series the importance of protecting a fund manager’s persona...................... To view our full article Click here
|
|
RSS
