|
|
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 GHF (2 credit funds); Highland Capital (All Cap Equity Value); LGT Capital (UCITS III accessing managed futures strategy); Private Advisors; EM Capital (ESG EM); Providence AM (credit opps); Lyxor AM and Martin Currie (China fund on Lyxor's Hedge Fund Managed Account Platform); and Checchi Capital (distressed). Cadogan Management liquidated its Japan FoHFs following poor performance.
The Parker FX Index was up 0.78% for March (0.80% YTD), the Greenwich Composite Investable Hedge Fund Index was up 1.52% (+1.59% YTD); and the Morningstar 1000 Hedge Fund Index returned 2.8% (est.), 1.6% YTD, and funds in the index saw inflows of $2.6bn in February.
Hedge fund industry returns showed their lowest beta level since 2004, said Credit Suisse/Tremont; the Charles Schwab Corp. will allow advisers to hold in custody additional alternative investments once again; Hedgebay reported that in the secondary market trading, the highest number of trades had been completed so far in 2010; ...................... To view our full article Click here
|
|
RSS
