By James Williams, Managing Editor, Hedgeweek – January proved to be a sluggish start for hedge funds. According to the Preqin All-Strategies Hedge Fund Benchmark, the average hedge fund returned 0.07 per cent although unlike James Bond, this was hardly likely
RiverPark Advisors has launched the RiverPark Focused Value Fund (Institutional: RFVIX; retail: RFVFX), a high conviction strategy to be managed by former hedge fund manager David Berkowitz. Berkowitz is also joining RiverPark as the firm’s new co-chief investment officer. He
S&P Dow Jones Indices (S&P DJI), has launched two new indices – S&P GSCI Gold Inverse and S&P GSCI Silver Inverse – designed to provide the inverse returns of the S&P GSCI Gold and the S&P GSCI Silver indices respectively, which
Global asset management group Gottex Fund Management Holdings is on target to achieve operational profit by the end of 2015, according to the company’s annual results statement for 2014. Gotten says that synergies from the merger with EIM Group (EIM)
RWC has launched the RWC Nissay Japan Focus Fund, a sub-fund of its Luxembourg SICAV, operating as a long-only Japan equity fund focused on bottom-up stock picking and constructive engagement with its investee companies. The fund has day one investors
China’s stake as the world’s premier economic power is expected to gain traction as the country continues to liberalise its economy and implement reforms that bolster its status among developing economies. The Chinese Yuan became the tenth most active currency
The Abbey Capital Futures Strategy Fund has surpassed USD100 million in assets under management. The fund, Abbey Capital’s first 1940 Act liquid alternative mutual fund, launched on 1 July 2014 and has returned over 26 per cent since inception. The
Hedge funds continue to climb higher, with the Lyxor HFI up 3.5% ytd (up to 24 March). The asset class was supported this week by L/S Equity, and in particular Asian managers that have done particularly well. Their successful stock-picking captured the buoyant market environment
Aston Hill Asset Management has launched two new mutual funds – the Aston Hill US Growth Fund and Aston Hill Corporate Bond Fund (formerly Build America Investment Grade Bond Fund). Both funds align with Aston Hill's objective of providing Liquid
The fortunes of European and US funds of hedge funds have become increasingly polarized over the past year, as the 2015 Preqin Global Hedge Fund Report found. In an extract from March’s edition of Preqin’s Hedge Fund Spotlight, we look at this trend and assess whether it
