|
|
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 launches from Metolius Capital (global macro); Wegelin (CTA); Gottex (fund of UCITS hedge funds); Trivest Advisors (China); family office GWM (Ucits III hedge fund); Sprott (L/S fixed income fund); John Paulson and Barton Biggs (Traxis) are to launch Ucits-compliant versions of their main funds; Ramius (hedge fund replicator mutual fund); new firm Occitan Capital; and NewSmith (emerging markets absolute return Ucits III).
The Barclay Hedge Fund Index was down -0.96% in June (+0.13% YTD), its FoFs Index -0.74% (-1.34% YTD); and the Barclay CTA Index gained 0.24% (-1.04% YTD), with currency and agricultural traders leading the pack.
Hedge funds experienced net assets inflows of $9.5bn in Q2 as consolidation in top firms continued, and total hedge fund industry capital ended Q2 at $1.65tn, down from $1.67tn in Q1, according to data provider HFR; according to Nara Capital SA, the number of UCITS III hedge funds continued to grow during Q2 2010 (500 single manager funds and 40 ...................... To view our full article Click here
|
|