Fri, Mar 29, 2024
A A A
Welcome Guest
Free Trial RSS pod
Get FREE trial access to our award winning publications
Alternative Market Briefing Weekly

Hedge fund launches in Europe at lowest level in five years in 2011 and other hedge fund news - Week 15

Saturday, April 14, 2012

In the week-ending 13 April, 2012, Lipper reported that the number of fund launches in Europe had reached its lowest level in five years in 2011; former Millennium traders launched the Japan-focused Terra Grove Japan Fund and the Terra Grove Pan Asian fund; Lyxor A.M. partnered with HAWK Quantitative Strategies to launch the third alternative single manager on its UCITS Platform; and FH International launched a U.S.feeder to its emerging market short term debt fund.

The Greenwich Global Hedge Fund Index was up +0.04% in March (+4.63% YTD); The HFRI Fund Weighted Composite Index was down -0.01% (+4.94% YTD); The Hennessee Hedge Fund Index gained +0.59% in (+4.59% YTD); The Eurekahedge Hedge Fund index fell -0.14% (4.11% YTD); And the Bank of America Merrill Lynch investable hedge fund composite index was up 2.20% ytd.

The performance of the hedge fund industry has been consistently positive in the last three months, according to Morgan Stanley; despite a downturn in March, the hedge fund industry posted positive performance, echoed eVestment; and a study by Novare Investments showed that South African hedge funds had outperformed on both an absolute and relative basis during 2011.

Hedge funds’ assets took in an additional $6.8bn in February, according to BarclayHedge and TrimTabs; GlobeOp Capital Movement Index showed assets advancing 0.53% in April; Andreas Halvorsen of hedge fund Viking raised junior managers’ aggregate credit lines to $7.2bn; Citadel Advisors and Millenn......................

To view our full article Click here

Previous Opalesque Exclusives                                  
Previous Other Voices                                               
Access Alternative Market Briefing

 



  • Top Forwarded
  • Top Tracked
  • Top Searched
  1. KKR raises $6.4bn for the largest pan-Asia infrastructure fund[more]

    Laxman Pai, Opalesque Asia: The New York-based global investment firm KKR has raised a record $6.4bn for its second Asia-focused infrastructure fund, underlining investors' continued appetite for private markets. According to a media release from the alternative assets manager, the figure top

  2. Bucking the trend, top hedge fund makes plans for a second SPAC[more]

    From Institutional Investor: SPACs aren't dead. At least not to the folks at Cormorant Asset Management. The life sciences firm, whose hedge fund topped its peers in 2023, is confident it will match the success of its first blank-check company. Last week, the life sciences and biopharma speciali

  3. Benefit Street Partners closes fifth fund on $4.7 billion[more]

    Bailey McCann, Opalesque New York: Benefit Street Partners has closed its fifth flagship direct lending vehicle, BSP Debt Fund V, with $4.7 billion of investable capital across the strategy. Benefit Street invests primarily in privately originated, floating rate, senior secured loans. The fun

  4. 4 hedge fund themes that are working in 2024[more]

    From The Street: A poor earnings report from Tesla (TSLA) has not hurt the indexes on Thursday. The decline in Tesla stock, which is losing its position in the Magnificent Seven pantheon, is more than offset by strong earnings from IBM (IBM) and ServiceNow (NOW) . In addition, the much higher-t

  5. Opalesque Exclusive: A global macro fund eyes opportunities in bonds[more]

    Bailey McCann, Opalesque New York for New Managers: Munich-based ThirdYear Capital rebounded in 2023, following a tough year for global macro. The firm's flagship ART Global Macro strategy finished the year up 1