Sat, May 30, 2020
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Alternative Market Briefing Weekly

Opalesque Roundup: Some of the largest multi manager hedge funds advanced in February: hedge fund news, week 10

Saturday, March 09, 2019

In the week ending March 08th 2019, various reports said many of the hedge fund industry's biggest multi-manager firms advanced in February. Ken Griffin-led Citadel's flagship multi-strategy funds, Izzy Englander's Millennium Management, ExodusPoint Capital Management, Point72 Asset Management, Balyasny Asset Management and others rose in February, bringing their performance up for the year after taking a beating in '18.

February was also a strong month for Bill Ackman, whose Pershing Square Holdings gained 8.9% during the month to give the publicly traded hedge fund a gain of 28.9% for the year so far. Carl Icahn's private investment portfolio also returned 4.3% in the fourth quarter, boosting its 2018 gain to 7.9%.

However, hedge-fund manager Alan Howard is having a rough start to 2019 in the fund and registered a slump of 8.5% in two months

Further in performance news, Kazmarck Capital's Opportunities Program, a global macro absolute return strategy, returned 1.47% in February, mainly thanks to its investments in energy. Lyxor noted that many hedge fund strategies experienced a symmetric move while the emerging markets rally caught hedge fund managers off guards.

Meanwhile, the HFRI Fund Weighted Composite index (FWC) advanced +1.4% in February, with gains across all main strategies, as well as in Risk Premia and Risk Parity strategies and the Hennessee Hedge Fund ......................

To view our full article Click here

Today's Exclusives Today's Other Voices More Exclusives
Previous Opalesque Exclusives                                  
More Other Voices
Previous Other Voices                                               
Access Alternative Market Briefing

 



  • Top Forwarded
  • Top Tracked
  • Top Searched
  1. Tiger Global tops the list US-based venture capital market[more]

    Laxman Pai, Opalesque Asia: Tiger Global Management holds on to its position as market-leader in US-based venture capital, said a study. According to Preqin, the closure of tech-focused Tiger Global Private Investment Partners XII in January means the New York-based firm has raised more than

  2. Investing: Singer bets on Europe, emerging markets, Britain's unhealthy appetite for financial risk in essential services, How Stan Druckenmiller shook up his portfolio[more]

    Singer bets on Europe, emerging markets From Investment Magazine: William Blair's Brian Singer is looking to invest in Europe and the emerging markets as the recovery from the global economic shutdown to contain the pandemic will likely take longer than what the market has priced in.

  3. PE/VC: How Covid-19 could reshape private equity fundraising, The private equity bet that coronavirus cut short[more]

    How Covid-19 could reshape private equity fundraising From Asian Investor: The pandemic looks may have led to greater use of remote capital-raising but might it also encourage investors to establish more overseas offices? The coronavirus outbreak has inevitably hit the amount of mo

  4. Investing: Millennium hedge fund ups bet against Bank of Ireland, Value rotation was the last thing big funds thought would happen, Al Gore's firm sold Amazon and Microsoft stock. Here's what it bought.[more]

    Millennium hedge fund ups bet against Bank of Ireland From Independent: US hedge fund Millennium International Management has raised its bet against Bank of Ireland's shares. It comes as Davy says 2020 will be a write-off for banks, with losses across Irish lenders of €4bn. M

  5. PE/VC: Private equity in the Covid-19 crisis, Carlyle's Africa dealmakers leave to start their own buyout firm, UK asset managers plan shift to off-market strategies including private equity[more]

    Private equity in the Covid-19 crisis From Morning Star: Private equity investment trusts invest in unquoted companies not yet listed on the stock market. How have they fared in the sell-off? Investment trusts have been caught up in the market turmoil of recent months and private equit