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In the week ending 31 October, 2014, strong performances in the financial management sector has pushed up incentive compensation in the asset management industry; big hedge funds, including York Capital and Discovery suffered negative gains in October; Full Faith Investment returned 2.1% in its first month, outperforming peers; Armajaro Commodities fell 5.4% in September (-9% YTD); Preqin data showed managed futures grabbed a 5% gain in Q3 as most hedge funds lost during the quarter; Fortress Macro Fund has lost more than 9% so far this year; the Carlyle Group reported lower third-quarter profit and was weighed down by weakness in its hedge funds; Tourbillon Capital’s main fund rose 8.7% YTD through September shorting MannKind and GT Advanced shares; and Senvest Partners slipped in September, incurring a -2.8% loss (+5.4% YTD).

Strategic Preservation launched its flagship Strategic Preservation Fund; Redwood Capital launched a fund to invest in Argentine assets; Leon Diamond is set to launch a new multi-asset fund called Principal Asset Allocation; Lombard Odier has launched a long-short absolute return fund; Tim Campbell and Andrew West launched a specialist stock-picking hedge fund - Longlead Market Neutral Fund - that is focused on Asia and Australia; Ash Park launched its global Consumer Staples equities fund on the MontLake UCITS platform; a group of wine experts and passionates has launched Ecce Vinu......................

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