|
|
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.
Last week, we heard of fund launches from Avenue Capital (high yield debt), Sparx (Asian L/S equity), Riskowitz Capital (South Africa) and a private equity version of a distressed/private debt and equity hedge fund already run in hedge fund structure by Victory Park Capital. We also learned ex-Goldman Sachs/Merrill Lynch absolute return specialist David Staton is launching Zedd Capital (L/S European equities) with managed accounts, and niche investors Elite Advisors will launch Precious Time, which will invest in rare vintage watches.
On the UCITS front, we learned of new UCITS funds from Barcap (hedge fund replicator), Estlander & Partners (combining two managed futures strategies), and Amundi (L/S equity).
Index performance for September was reported as follows:
HFRX Global Hedge Fund Index up 1.72% (est.) (1.90% YTD)
Dow Jones Credit Suisse Hedge Fund Index confirmed to finish up 3.43% (5.98% YTD)
Scotia Capital Canadian Hedge Fund Performance Index up 3.58%, 9.16% YTD (asset weighted) and 2.99%, 6.02% YTD (equal weighted)
Lyxor Global Hedge Fund index up 2% (2.8% YTD)
Edhec Indices: All but one st...................... To view our full article Click here
|
|
RSS
