Fri, Feb 26, 2021
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Alternative Market Briefing

Opalesque Roundup: Investors redeemed $161bn from hedge funds over the past two years: hedge fund news, week 05

Monday, February 01, 2021

In the week ending January 29th 2021, a report by eVestment said that investors pulling $58.76 billion from hedge funds around the world in 2020 may not be cause for celebration, but those outflows are dwarfed by the $102.25 billion investors pulled from hedge funds in 2019. Investors removed an estimated $9.74 billion from hedge funds in the final month of 2020, said eVestment. The total estimated industry AUM sits at $3.360 trillion.

In performance news, two of JW Asset Management's funds - the "B" shares of JW Partners and the similarly managed JW Opportunities Fund - produced a 146 percent gain last year, according to an investor with knowledge of the performance; Shorting tech stocks and betting on Canadian renewable energy last month helped Lynwood Capital Management's hedge fund cap the year with a 97% return, and Timelo Strategic Opportunities Fund, a seven-year-old fund whose 29% gain last year outperformed the 5.6% total return of Canada's benchmark S&P/TSX Composite Index.

Meanwhile, Viking Global Investors, Andreas Halvorsen's $44 billion firm, is down about 7% so far this year in its hedge fund; Two major Lansdowne Partners funds that were deep in the red for most of the year posted huge ......................

To view our full article Click here

Today's Exclusives Today's Other Voices More Exclusives
Previous Opalesque Exclusives                                  
More Other Voices
Previous Other Voices                                               
Access Alternative Market Briefing

 



  • Top Forwarded
  • Top Tracked
  • Top Searched
  1. Investing: Tribune Publishing agrees to $430m takeover by hedge fund, Jana Partners builds new stake in Labcorp, Tiger Global's Coleman doubled down on stake in Uber, added bets in Airbnb and DoorDash, Baupost Group takes a large stake in Intel[more]

    Tribune Publishing agrees to $430m takeover by hedge fund From Boston Globe: Tribune Publishing Co., the owner of the Chicago Tribune and New York Daily News, agreed to be acquired by Alden Global Capital LLC for about $430 million, putting a hedge fund known for firing journalists at

  2. PE/VC: Private capital funds to spend billions on tech & outsourcing, Why family offices are drawn toward venture capital, Megafunds continue to reign in VC[more]

    Private capital funds to spend billions on tech & outsourcing From Funds Europe: Private capital fund managers will spend several billion dollars so they can provide daily performance reporting and meet other transparency demands in the next five years, research suggests. Transparency

  3. PE/VC: VC fund investors not raising alarms over SPAC trend, Asian private equity investors focus on business transformation[more]

    VC fund investors not raising alarms over SPAC trend From Axios: Venture capital firms, formed to invest in startups, are increasingly becoming sponsors of SPACs, blank-check companies that bring later-stage businesses into the public markets. It's significant strategy creep, but so fa

  4. PE/VC: Private equity may face return of attention-getting SEC fines under Gensler, VC firms are launching SPACs, Blackstone's Perry says private equity must do more on diversity[more]

    Private equity may face return of attention-getting SEC fines under Gensler From WSJ: The largest U.S. financial regulator has turned its focus away from private equity in recent years, but new agency leadership could mean tougher enforcement and heavier fines for buyout firms, attorneys

  5. Opalesque Exclusive: London manager to launch absolute return options fund[more]

    B. G., Opalesque Geneva for New Managers: Carmika Partners LLP is a discretionary investment manager that specializes in quantitative volatility trading. Th