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Benedicte Gravrand, Opalesque London: A roundup of the week’s hedge fund launches, closures, index performance, trends, regulatory, legal and financial events pertaining to the alternative investments industry.
Last week, we heard of fund launches from Top Crystal (L/S equity); Astenbeck Capital (energy); Laxey (onshore absolute return); Geier Capital; Karsch Capital (distressed); Onex (senior debt securities); and Intelectia Capital (Ucits CTA).
HFR said the HFRI Emerging Markets Index posted 40% in 2009 which was its best gain since 1999;
Credit Suisse/Tremont Hedge Fund Index confirmed it was up 0.17% in January;
The Greenwich Global Hedge Fund Index down 1%;
The Barclay CTA Index went down 1.48% as 60% of CTAs began 2010 in the hole;
The HFRX Absolute Return Index returned +0.13%;
More than half of EDHEC-Risk hedge fund indices were positive;
Ucitsindex.com’s new UCITS HFS Index was down 0.14%;
And the HFN Hedge Fund Aggregate Index returned -0.81%.
HFN said that, in January, total hedge fund assets had decreased 0.14% to an estimated $2.038tln, mainly due to performance; but investors allocated $4.51bn to HFs; ETF assets crossed the $1tln mark in 2009, up 45.7% from 2008, and are expected to grow 20-30% in 2010, said ...................... To view our full article Click here
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