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Benedicte Gravrand, Opalesque Geneva: A roundup of the week’s hedge fund launches, closures, index performance, trends, regulatory, legal and financial events pertaining to the alternative investments industry.
Secquaero Advisors is bringing the esoteric alternative world of insurance-linked securities to the mainstream with the planned May launch of a Ucits III version of their fund; meanwhile, Stark Investments is launching a subprime-mortgage hedge fund; F&C Thames River an emerging markets absolute return fund in June; and Ex-Goldman Sachs banker Hideki Furusho a hedge fund that analyzes Japanese blog traffic.
JAI Capital Management, a global opportunistic L/S hedge fund manager started by veterans of Soros Fund Management and Credit Suisse, closed down nearly two years after it was formed, HFMWeek reported.
The RBC Hedge 250 Index returned -0.32% (est.) in March, +1.65% YTD;
The Dow Jones Credit Suisse Hedge Fund Index confirmed it was up 0.12%, +2.21% YTD;
The Barclay Hedge Fund Index was up +0.35%, +1.95% YTD (and the Emerging Markets Index jumped +2.30%);
The Barclay CTA Index lost 0.91%, -0.39% YTD, as world events created turmoil in futures markets;
The Edhec-risk hedge fund strategy indices found that emerging markets funds were the winners with a 1.78% return;
And the Scotia Capital...................... To view our full article Click here
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