|
|
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 QCM (UCITS managed futures); EquityStar (equity L/S); new HF firm Edoma Capital; new HF firm Cayuga Capital; Legg Mason and Western (Ucits L/S credit); and Oracle Capital (structured credit).
The Greenwich Global Hedge Fund Index went up 1.1% (est.) in April, 3.7% YTD;
The Credit Suisse/Tremont Hedge Fund Index posted 1.49% (est.), 4.63% YTD;
The Hennessee Hedge Fund Index was up 1.30%, 4.61% YTD;
The HFN Hedge Fund Aggregate Index returned 1.55%, 4.35% YTD;
The HFRI Fund Weighted Composite Index went up 1.29% (est.), 3.79% YTD;
And the Lyxor Global Hedge Fund index was up 0.9%, lifting YTD gains to 3.0%.
Global hedge funds took in $7.6bn of new assets in March, less than half the previous month's inflow, TrimTabs data showed; latest data from TrimTabs and BarclayHedge also reported that event-driven funds had posted the biggest inflows in March, and Q1 returns of 4.7%; Europe's 1000 alternative UCITS funds captured $200bn from investors worldwide, said think tank Strategic Insight; John Paulson closed his flagship funds to new investors, having nearly $20bn in client assets; Clarium Capital’s assets dipped to just $976m for the first time in years as the h...................... To view our full article Click here
|
|