Funds of Hedge Funds

Stenham Asset Management has launched two funds of hedge funds – Stenham Credit Opportunities and Stenham Healthcare. Stenham Credit Opportunities launched on 1 January 2013 with USD21m and has returned 3.44 per cent since inception. »

Investment firm van Biema Value Partners has launched customised fund of fund portfolios for sizeable institutional and individual investors. »

2013 has seen further positive performance for funds of hedge funds, with these vehicles generating returns of 2.10 per cent in January 2013, according to the latest edition of Preqin’s Hedge Fund Spotlight. »

BNY Mellon has been recognised as the world's largest fund of hedge fund (FoHF) administrator in a bi-annual administrator survey. »

The improvement in market dynamics and the reduction of tail-risk, coupled with a very appealing opportunity set, means that Altin, the USD250m multi-strategy fund of hedge funds, is starting to invest in less liquid strategies with higher expected returns. »

The Headstart Fund of Funds advised by Headstart Advisers and chief investment officer Najy Nasser outpaced the leading fund of hedge funds benchmarks for the fourth consecutive year. »

There are signs of optimism for funds of hedge funds as both investors and managers see the model as resilient and relevant to the long-term investing landscape, despite declining assets and recent negative headlines seeming to signal their decline, according to a study released by SEI. »

Fitch Ratings says the recent wave of consolidation in the hedge funds industry leaves just a handful of candidates for large scale acquisitions. »

Castle Alternative Invest AG, a fund of hedge funds listed on the SIX Swiss Exchange and on the London Stock Exchange, authorised the board to effect a share buyback programme at its Annual General Meeting (AGM) held on 15 May 2012. »

Neuberger Berman Group has launched the Neuberger Berman Absolute Return Multi-Manager Fund, which seeks capital appreciation with an emphasis on absolute returns by allocating its assets to multiple hedge fund advisers that employ distinct alternative investment strategies. »