Alternative asset management firm Napier Park Global Capital has returned the last of the capital invested in the firm’s hedge funds by Citigroup. The staggered USD2.4 billion redemption schedule began in March 2013 when Napier Park completed its spinout from
For the first nine months of 2008, Ucits recorded total net outflows of EUR193bn, including EUR92bn in the third quarter, according to the European Fund and Asset Management Association, w
Connecticut-based Wood Creek Index Company has launched the Alternative Alternatives Investment Index, which aims to capture the performance of investment managers active in investments ou
Man, an alternative investment management business, has opened its first office to service the Dutch market.
The latest Blue Ink All South African Hedge Fund Composite (BIC), which tracks the performance of around 100 hedge funds in South Africa, outperformed the All Share Index (ALSI) by more than 3% in July. This outperformance was achieved with
Redwood Asset Management, a Toronto-based investment fund manager focused on partnering with boutique investment managers to offer products to Canadians, has launched the Redwood Global Macro Class. The fund will seek to generate superior risk-adjusted returns with lower volatility and
Alternative investment firm Coast Asset Management is selling its fund of hedge funds business and focusing its efforts on funds that employ its fixed income arbitrage investment strategy. Coast anticipates that the sale to another asset management firm will close
“As we near the half-way mark, forward redemption requests remain lower on a month-to-month basis,” says Tony Glickman (pictured), global head of client solutions, GlobeOp Financial Services (LSE:GO.). The Indicator represents the sum of forward redemption notices received from
The Lyxor Hedge Fund Index was down 2.19% in August. Year-to-date performance as of August 2011 is down 3.80%. The top performing strategies over the month were Lyxor L/S Equity Short Bias Index (+5.55%), Lyxor CTAs Short Term Index
Many aspects of the hedge fund operational model as it has existed over the past few years will have to be rethought in the wake of the industry’s setbacks over the past year and a half, a
