All Salus Alpha funds recorded positive returns in April with the Salus Alpha Managed Futures fund leading the way with performance of +7.04% for the month, outperforming the S&P 500 Index by +4.19%. The fund’s performance was also 6.07% better
NewAlpha 4 Genesis has completed its first closing of USD150 million raised from French and Swiss institutional investors. NewAlpha Asset Management is considering a final closing in late July 2011 with an asset target of USD250 million. The fund aims
Aimed at investors who want to profit from and have a portfolio hedge from rising energy prices, MarketRiders (www.marketriders.com) is offering its own all-Exchange Traded Fund (ETF) energy hedge fund. The MarketRiders Energy Hedge Portfolio (http://www.marketriders.com/energy-hedge-portfolio ) provides greater
Arden Asset Management is to assume the management of Robeco Group’s USD1.3 billion fund of hedge funds business, Robeco-Sage, effective 1 October, 2011. Averell Mortimer, Arden’s President and Chief Executive Officer, says: “We are very excited about this transaction and
FRM, Man Group’s fund of hedge fund division, has formed a strategic relationship with CommEq Asset Management which involves FRM making a seed allocation to CommEq and helping CommEq launch an institutional asset management business. CommEq seeks out previously
Goodman & Company, Investment Counsel Ltd, manager of Dynamic Funds has announced a series consolidation for Dynamic Power Hedge Fund whereby Series A units and Series F units of the fund will be reclassified into Series C units and Series
The Lyxor Hedge Fund Index recorded a positive performance of 1.10% in February 2011. The top performing strategies over the month were Lyxor L/S Equity Variable Bias Index (2.30%), Lyxor Special Situations Index (1.88%), and Lyxor L/S Equity Market Neutral
Long/short equity strategies look set to benefit from decreasing levels of correlation between securities, according to funds-of-hedge-fund (FOHF) managers interviewed by Standard & Poor’s Fund Services in its latest sector update. “As correlation falls, FOHF managers are anticipating that
The Greenwich Composite Investable Index gained 0.60% in January to begin 2011 on a positive note. Equity markets gave little pause in January and moved to fresh highs in the US and Europe. Most hedge funds captured the upside move
Hedge funds gained 0.52% in January according latest figures for the Barclay Hedge Fund Index compiled by BarclayHedge. “Equity markets in the USA and across Europe continued to rally for a fifth consecutive month,” says Sol Waksman, founder and president
