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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 (new London-based FoHFs) Hilltop (All Weather); GAM (Ucits emerging markets); Strategic Investing (L/S mutual); Farema Capital (L/S); Artemis (FoHFs); Cheung Capital (gaming); Thesis (absolute return mutual); OM IM (global); Plural Capital (3 x offshore); Geribá Investments (maiden); Schroer Capital (healthcare); and Salus Alpha (special sits).
All EDHEC hedge fund Indicesexcept for Short Selling were positive in March, Emerging Markets (+4.48%) being the top performer; and the Scotia Capital Canadian hedge fund index was up 1.78%.
HFR said that the top hedge fund firms are assuming leadership in the industry recovery and that total AuM now stand at $1.67tn; Eurekahedge reported that hedge funds attracted net inflows of $2.83bn in March (its global hedge fund index is up 2.48% (est.), 2.14% YTD); and Credit Suisse found that the hedge fund industry had recovered 92% of financial crisis losses, as cautious optimism takes hold. Gottex’s...................... To view our full article Click here
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