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Kirsten Bischoff, Opalesque New York: A roundup of the week’s hedge fund launches, closures, index performance, trends, regulatory, legal and financial events pertaining to the alternative investments industry.
With the end of summer holidays fast approaching the news of launches was scarce, but last week, we learned about the following new fund launches from Collard Capital (Global Macro fund), a group of ex-Mizuho traders (Japan equity), an absolute return fund from Hasley Investment Management, and Galtere (agriculture PE). UCITS continue to roll out with Signet announcing a global fund of UCITS, and Swiss private bank Clariden Leu’s launch of a fund of UCITS, in partnership with Olympia Capital. Also launching will be a new fund of funds based in Sweden (Merrant Select), the first officially registered hedge fund in China from E Fund Management and Majedie Investments in London announced the launch of Javelin Capital, a subsidiary asset management business.
Index results released for August included:
Credit Suisse's Liquid Alternative Beta Index -1.14%, 1.81% YTD
Hedge fund assets continue to be slowly chipped away by redeeming investors and performance that has lagged the markets. The result is a lack of inflows that has le...................... To view our full article Click here
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