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In the week ending February 22, 2013, it was reported that former George Soros CIO Keith Anderson would be raising money to launch a new macro hedge fund; New Zealand's first hedge fund-style KiwiSaver scheme was launched last Friday; and Odey A.M. said it was planning to launch a UCITS version of its flagship European hedge fund strategy.

Woori Absolute Partners and NewAlpha A.M. made their first strategic investment in new Singapore hedge fund Mosaic Asset Management Pte Ltd; and Eric Rosen, a credit trader at JPMorgan received a $300m seed investment from Greenwich-based Paloma Partners to launch a hedge fund.

Benros Capital will close shop after Brummer decided to redeem its $300m investment; and HSBC announced it would shut down Sanjiv Duggal’s India-focused hedge fund after its assets shrunk from $300m to $85m by December 2012.

The Greenwich Global Hedge Fund Index was up 2.45% in January; The RBC Hedge 250 index returned +1.62%; The EurekaHedge Hedge Fund Index returned 2.32%; The Dow Jones Credit Suisse Hedge Fund Index was up 2.07%; All EDHEC hedge fund strategy indices went up in January except for short selling and merger arbitrage; The Canadian Hedge Fund Index ended January up 1.47%; The Emerging manager hedge funds and CTAs ......................

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