Man Group’s funds under management for the six month period to 30 September 2010 totalled USD40.5bn. This was up five per cent from the 30 June 2010 figure of USD38.5bn and ahead of the 28 September pre-close estimate of USD39.5bn.
The IM Vinculum Global Equity Fund, which charges fees only when performance exceeds a recognised investment industry benchmark, has reported a successful year of trading with a total net return of 11.23 per cent. The fund beat its benchmark in
Hedge fund managers have turned extremely upbeat on US equities, according to the TrimTabs/BarclayHedge Survey of Hedge Fund Managers for December. About 46% of the 92 hedge fund managers the firms surveyed in the past week are bullish on the
The Saemor Europe Alpha Fund produced a return of 2.4 per cent in March, according to figures released by Saemor. Average return over the past three years now stands at 7.5 per cent (annualised). Performance of the fund
Hedge funds experienced a mild setback in November, according to the latest data released by Morningstar. The Morningstar 1000 Hedge Fund Index declined 0.8%, while the currency-hedged Morningstar MSCI Composite Index dropped 0.1%. For the year to date through
The Morningstar MSCI Composite Hedge Fund Index, an asset-weighted composite of nearly 1,000 hedge funds in the Morningstar Hedge Fund database, rose 0.5 per cent in November and was up 4.8 per cent year to date and 5.0 per cent
Hedge funds posted in September their best result in 16 months, returning 4.05 per cent overall, according to the Lipper Hedge Fund Composite Index. September’s solid return brought year-to-date performance to a positive 3.14 per cent. The third quarter
Cortland Capital Market Services has been appointed by Arrowpoint Asset Management to provide middle office services to Arrowpoint CLO 2013-1. Denver-based Arrowpoint Asset Management is an investment adviser with approximately USD1.9bn under management as of 31 December 2012.
Agecroft Partners predicts that pension plans will significantly increase their exposure to mid-sized hedge funds over the next ten years. The firm says the pension fund industry is in the process of a major evolution in its use of hedge
Hedge fund Jana Partners has released a statement in response to the announcement by Agrium that it will appoint new directors to its board. The statement reads: “For over six years Agrium rejected the need for industry experience on the
