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In the week ending 16 October, 2015, emerging managers Mark Blaxill and Matt Stack have teamed up to launch a technology activist fund to tap into tech bubble which - although different to the dotcom bubble - still provides “very interesting short opportunities”.

Other launches included Ospraie Management which together with a group of private investors have set up a base metals trading house to be run by former Noble Group traders. Catalyst Funds has launched the Catalyst Hedged Commodity Strategy Fund and the Catalyst IPOx Allocation Fund; and Amundi has launched new daily hedged and unhedged exposures to Japanese TOPIX index.

Hedge funds in general are on track for their worst performance since 2011 following a bad quarter as of end Sept. 30; hedge funds have outperformed the S&P 500 but are still headed for their worst full-year returns in four years; activist hedge funds tanked in the Q3 and were down 10.3% (-8.1% YTD); Senrigan Capital continues to outperform other Asian managers and returned about 13% in the first nine months; data provider Symmetric said that U.S. hedge funds reported double-digit losses by September as their favorite stocks lose more; hedge funds are bleeding slowly while the market hemorrhages, with pressure remains on long/short equity; the start of October has provided some relief for hedge funds as markets have rebounded; some lesser-known macro-focused hedge funds like Element Capital Management and Atreaus Capital have made double-digit gains so far this year; and Greater China-focused hedge funds were up 1.2......................

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