Funds
Wolf Hedge, a management company for Seven Sages Long Short Fund, has launched its second fund, Wolf Hedge Global LP.
The fund's registration has been filed in Delaware and the Cayman Islands.
Wolf Hedge will be taking subscriptions of USD1 million+ from accredited and institutional investors.
The fund, which is open to investors, will use a global macro trading strategy. It will invest in publicly trading equities, ETFs, currencies, bonds and insurance products.
Mark Malik, Wolf Hedge CEO and the fund's manager, says: "Our focus will still be long-short but in a bigger and broader universe. We
This week London based ETP provider Source announced that it had partnered with Ashmore to launch the manager’s first funds in Europe. Ashmore is a specialist active investment manager with more than 20 years’ experience in emerging markets.
“Source focuses on identifying investors’ needs and then searching for ‘best in class’ solutions to meet those needs,” explained Michael John Lytle, Chief Development Officer at Source. ”Investors wanting to diversify and pick up additional yield are looking beyond developed markets. Ashmore is one of the very few managers solely dedicated to Emerging Markets and with a very long and successful track
Anavon Capital has launched the Anavon Global Equity Long/Short UCITS fund on the Alpha UCITS Platform.
The fund will be run pari passu with Anavon’s global long/short strategy.
Tages Capital has acted as day one investor ensuring the UCITS fund has critical scale at launch.
Anavon Capital is a London-based hedge fund manager with a successful track record since January 2011 in managing its global equity long/short strategy. The firm was co-founded in 2010 by Avraham Mevorah and Avi Fruchter.
Prior to co-founding Anavon, Mevorah was a partner at Fortelus Capital and Fruchter was a partner at
Mount Lucas Management has launched MLM Symmetry, a globally diversified and quantitatively driven macro strategy.
The fund officially launched on 1 September 2014 with over USD50 million in assets, comprised of seed capital from firm partners and a large US family office.
Mount Lucas is currently speaking with investors about Founder’s Share opportunities, which are being offered with limited capacity.
Mount Lucas oversees three investment strategies that employ proprietary analytics and quantitative models firmly grounded in academic research and the firm’s investment experience. MLM Symmetry continues this tradition, using a risk-based methodology that reconsiders the nature of asset
Wilshire Associates has launched five liquid alternative sub-strategy indices, which now comprise the Wilshire Liquid Alternative Index.
The main index was introduced in early August and designed to serve as the industry standard for measuring aggregate performance of the liquid alternative mutual fund universe.
The new indices aim to provide relevant and precise performance assessment metrics for the most common liquid alternative investment strategies that are implemented in mutual fund vehicles.
The additional suite of targeted indices includes the Wilshire Liquid Alternative Equity Hedge Index, Wilshire Liquid Alternative Event Driven Index, Wilshire Liquid Alternative Global Macro Index, Wilshire
Following consultation with the US Securities and Exchange Commission, Euronext has received new class no-action relief for foreign options markets, enabling it to offer Dutch and Belgian equity options to certain eligible US investors.
The no-action relief applies to a broad suite of equity and equity index options.
In addition, an extension to the current arrangements on equity option contracts available for trading on Euronext Paris has been agreed.
The initiative is complementary to the existing ability of qualifying investors in the US to trade index futures on the AEX, CAC40, BEL 20 and all Euronext commodity products.
The hedge fund industry took in USD18.4 billion (0.8 per cent of assets) in August, the highest inflow in three months and a strong rebound from redemptions of USD750 million in July, according to data from TrimTabs and BarclayHedge.
“Hedge fund inflows this year are the strongest we’ve seen since the financial crisis,” says Sol Waksman, president and founder of BarclayHedge. “The industry took in USD99.0 billion in the first eight months of 2014, more than double the inflow of USD47.5 billion in the same period last year.”
Industry assets rose to a six-year high of USD2.38 trillion in
Twelve Capital has opened an office in London having received authorisation from the UK Financial Conduct Authority (FCA) to operate as a MiFID investment firm.
Within four years of operation in Zurich and supported by strong performance generation, Twelve Capital grew from USD100 million to 3.5 billion AuM and from seven to over 30 staff.
In an effort to enhance its investment and business development activities, the firm decided to establish a presence in London, the key insurance trading and finance market.
The platform enables full integration in the London market.
Hedge funds ended the week in negative territory, concluding a tough quarter for alternative strategies, according to Lyxor’s managed account platform research team.
The performance drivers of Q3 were once again running at full tilt last week: choppy equity markets, credit spreads widening, and a strong US dollar among weaker commodity prices.


Underperforming strategies this quarter are to be found on the relative value and event-driven side. After a strong start this year, convertible arbitrage and L/S credit fund have suffered from the outflows witnessed on the credit space, whilst event-driven funds reported some losses on broken deals during
The second part of a report released by Deutsche Bank in September 2014 reveals that investor allocations to US alternative mutual funds currently stand at 24 per cent; up from last year’s figure of 13 per cent.
The report, entitled From Alternatives to Mainstream Part Two, surveyed 86 hedge fund managers representing USD6trn in combined assets and 212 investors that collectively manage and/or advise on USD804bn in hedge fund assets. Since 2008, assets have grown 38 per cent on an annualised basis and since end-2013 they have grown 18 per cent (through May 2014).
“Since 2008 I really can’t
