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In the week ending 03 February, 2017, computer-based hedge funds have been admitted to a list of the all-time top 20 best performers for the first time. Edmond de Rothschild group's LCH Investments, a fund of hedge funds, gave DE Shaw, Citadel and Two Sigma the ranks 3, 5 and 20 in a measurement of an all time index related to the total dollar amount made for investors since inception. LCH said that the top 20 hedge funds made $16.1bn for their investors last year. It also said that Ray Dalio made $4.9bn for his clients in 2016 while George Soros and John Paulson lost money. In fact, Soros' hedge fund was one of the biggest losers of 2016 and lost $1bn for his clients. The Blackstone Group's hedge fund solutions saw 35% rise year-over-year in its total revenue to $179.1m from $132.3m in 4Q15; and PruLev Global Macro Fund, among Asia's top-performing hedge funds, advanced 9.5% in January. Dr Richard Bateson has launched a boutique asset management firm focused on ESG; BetaShares has launched two new hedge funds to provide long exposure to the change in the value between the Australian and the US dollar; Mediatrix Capital launched a closed-end hedge fund called Mediatrix Capital Fund; Rajiv Jain launched an emerging markets strategy fund at GQG; the World Gold Council and State Street Global Advisors announced the launch of the SPDR Long Dollar Gold Trust; and Lombard Odier has expanded its alternatives range with the launch of the 1798 Event Convexity Strategy. Raveneur Investment Group, the two-year old hedge f...................... To view our full article Click here |
Alternative Market Briefing Weekly
Saturday, February 04, 2017
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