Alternative Market Briefing

Opalesque Exclusive: Absolute Return reaffirmed - UCITS at Cazenove and Insight beat UK equity market

Wednesday, November 19, 2008

From the Opalesque team:

Euro share class now available for Cazenove UK UCITS fund, up 3.9% since July launch The portfolio aims to return 10% p.a. net of fees, the volatility target is two thirds of the FTSE All Share.

Cazenove UK Absolute Target Fund, a UCITS fund, offers daily liquidity/dealing and now a Euro share class, daily hedged. It manages €150m in assets raised since launch (18/07/08). It has an AA rating by Standards & Poor's. The fund has already achieved +3.9% since launch, while the IMA Absolute Return Sector fell -3.4%.

The Cazenove UK Absolute Target Fund (CAT) is a sub-fund of Cazenove Absolute Return Fund Company, a new authorised open-ended investment company (OEIC). The fund uses the wider investment powers permitted under UCITS regulations inclusion of money market instruments. More on the fund: Source

Insight`s UK equity UCITS fund returns -0.1% net, +4.5% YTD London-based Insight Investment reported the latest performance of its UCITS fund, the Absolute Insigh......................

To view our full article Click here

Today's Exclusives More Exclusives
Previous Opalesque Exclusives                                               Back to previous page
Access Alternative Market Briefing

Hedge Funds at Inflexion Point:

Opalesque Round Table

The whole financial industry has reached an inflexion point, at which all market participants are challenged to identify the new themes and new paradigms that will determine asset management and how to create returns going forward.

The Opalesque South Africa Roundtable discusses the range and consequences of this inflexion point, from a fund manager as well from an investor point of view.

The participants also discussed the particularities of investing in Africa (ex-South Africa). You will hear portfolio managers explaining new ways to construct hedges, new and upcoming products. How do you deal with restricted liquidity, is Africa really uncorrelated?

With 28 pages, this is one of our larger Roundtable scripts, but as with all the other ones, you will find valuable intelligence on each page.

A SQUARE Faculty
Expertise on weather derivatives

Faculty David FriedbergCME’s platform is really geared at larger standardised contracts and our platform is geared at customised contracts

» Read More

ALTERNATIVE
MARKET BRIEFING
The Only Hedge Fund Newswire Read By Elite Managers
AMB Editor

Opalesque Exclusive: Aurelia Finance another Swiss victim, put 70% of `prudent fund` AUM with Madoff
» More

An Alt Alt Index

Alternatives

The Alt-Alt Index is “not“ designed to represent the returns of any single manager - this would be better done through a peer group analysis if ...Read More

CBT - U.S. Ten Year Note (March) - Daily graph

Near Term Trend: Positive to Neutral Friday’s Close: 124’095 (- 1 pt, 14.5) Yield: 2.37% UPDATE: Following the drop in Interest rates of over 150 basis points within two months (prices traded from 110’00 to 128’00 during that time frame), on December 18, we wrote “A correction to the downside would be confirmed if the market closes below the gap which is located at 126’25- not before then”. Subsequently, the market closed about a tick or two below the gap, a week later, on December 26. Last Sunday, we reiterated, “The market should sell- off further”. As of five days later, the market is down a full 3 points (127’10 to 124’095).