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In the week ending 18 December, 2015, hedge fund closures reportedly surged in the three months as of the end of September with 257 liquidations, while a joint study by AIMA and PwC has found that almost 50 % of hedge fund firms plan to launch a new hedge fund by the end of 2016. Eurekahedge said that hedge funds assets grew by $110.7bn this year with nearly 58% of managers posting positive returns.

Andrew Dickson is preparing to launch an equities hedge fund firm called Albert Bridge Capital; First Trust Global has launched a new actively managed open-end UCITS fund, the First Trust Tactical High Yield UCITS Fund; and BCK Capital has launched its flagship fund, an equity event driven hedge fund led by Wayne Yu.

LionEye Capital is shutting down at the end of December after suffering double digit losses and heavy redemptions this year Lucidus Capital has liquidated its entire portfolio and plans to return $900 million to investors next month; Piquant Capital is shutting its quantitative hedge fund as it failed to attract investor money after making a loss in 2014; and Martin Currie said it would shut down its Japan Absolute Return Fund.

The Lyxor Hedge Fund Index ended the week slightly down (-0.8%) as of end Dec. 8 (+0.3% YTD); The HFRX Global Hedge Fund Index posted a decline of -1.68% through mid-December (-3.98% YTD); The Greenwich Global Hedge Fund Index ended November up 0.28% and was flat ......................

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