Investing in Hedge Funds

Pyxis Capital has launched the Pyxis Alternative Income Fund (ticker: HHFAX). Anchor Capital Management Group, Inc (Anchor Capital) will serve as the fund's sub-advisor. »

The Lyxor Hedge Fund Index was down 0.36% in December. Year-to-date performance as of December 2011 is down 6.59%. »

The Lyxor Hedge Fund Index was down 0.44% in November. Year-to-date performance as of November 2011 is -6.26%. »

Emerging managers expect their hedge funds to achieve gains of 10% or more in 2012, according to the GAIM USA Survey of Emerging Hedge Fund Managers. The survey of 90 emerging managers (defined as having USD250 million or less in assets under management) found that 61% of the managers expect their portfolios to earn more than 10%, net of fees, while 31% of them expect to earn 15% or more. »

BlackRock has made its family of money market funds available to Euroclear Bank’s clients, enabling them to re-invest cash received as collateral in triparty transactions managed by Euroclear Bank. Re-investing cash collateral is a frequent challenge in this type of transaction. »

Kodak Retirement Income Plan (KRIP) is the seed investor for AlphaEngine Global Investment’s SMART Alpha investment program, an absolute return strategy that focuses on generating strong absolute returns, especially during periods when equity beta and typical absolute return strategies struggle to perform (eg, 2008 and 2011) and when typical corporate pension liabilities rise. »

Hedge fund redemptions in October totalled USD9 billion, more than triple September’s USD2.59 billion outflow, according to figures released by BarclayHedge and TrimTabs Investment Research. Industry assets decreased to USD1.66 trillion in October from USD1.73 trillion in September, the third straight monthly decline. »

Nearly 1/3 of all financial advisors who sell alternative investments (AI) predict that Multi-Strategy and Managed Futures strategies have the greatest potential over the next 12 months, according to a new report released by Cogent Research. »

Goldilocks, the Swiss-run hybrid gold and currency fund is opening to investors on a continual basis following strong gains through 2011 with returns of +9.66% year-to-date (and +11.01% in the past 12 months) to end-October. The fund was originally “closed ended”. »

The Lyxor Hedge Fund Index was up 0.75% in October as the hedge fund industry rebounded. Year-to-date performance as of October 2011 is down 5.85%. »