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In the week ending 20 May, 2016, Tages Capital has launched a global credit long/short fund called Tages Fore UCITS Fund; Capital Group will launch a UCITS version of its flagship U.S. equities strategy, Investment Company of America; and Lyxor Asset has partnered with SEB to launch an innovative daily multi-manager UCITS Strategy.

A study Worth Venture Partners has found that investors are considering greater investment in emerging hedge fund managers. A survey by BoFA showed that fund managers are hoarding cash on concerns about Brexit and China, and an eVestment survey showed that investors were anticipating more exits for alternative fund managers.

Jayson Woodbridge and Michael Kyne have launched Harvest One Fund; and Multi Asset Global is planning to introduce its South Korea-focused hedge funds this year.

Omni Partners is shutting down a London-based global macro hedge fund following the departure of CIO Stephen Rosen.

The Greenwich Global Hedge Fund Index ended April up 0.62% (-0.2% YTD); The Eurekahedge Hedge Fund Index gained 0.88% (+0.39% YTD); The Barclay Hedge Fund Index advanced 1.05% during the month and is up 0.07% YTD; Lyxor said hedge funds recouped losses in the first week of this month and were up 0.5% as of M......................

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