Tue, Sep 23, 2014
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Alternative Market Briefing

Some systematic funds who benefitted from currency corrections and reduced risk

Tuesday, January 20, 2009

Dynamite CTA Fund returns -2.25% in December, +59.77% in 2008 ($ class) The Caymans-domiciled Dynamite CTA Fund USD class returned -2.25% for a 2008 total of +59.77%, and the EUR class returned -4.47% for a 2008 result of +59.91%.

This is compared to the Barclays CTA index returning +1.04% for a total of +13.61% in 2008 and the S&P 500 posting +0.78% for 2008 total of -38.50%.

The fund (USD class) gained 58.62% in 2005, 38.74% in 2006 and 46.10% in 2007.

Switzerland-based Dynamite's Jürg Bühler commented: "In December the major event in the markets was the FED cutting USD interest rates to almost 0%. This triggered strong moves in the markets, especially in currencies where the EUR gained more then 10% against the USD in just one week. This violent trend reversal posed some troubles for some of our trend-following as well as for some countertrend strategies. Presently we are invested in 10 different programs and are still adding to this as we are getting more capital inflows." www.dynamitef3.com.

Laven`s Global Systematic Fund up 3.63% since May (USD), 18.94% since October (GBP) Since its launch in May 2008, the Laven Global Systematic Fund USD share class has returned 3.63% and the GBP share class, launched in October 2008 has returned 18.94%, delivering on the fund’s aim to achieve positive returns in difficult market conditions.

The performance was generated......................

To view our full article Click here

Today's Exclusives Today's Other Voices More Exclusives
Previous Opalesque Exclusives                                  
More Other Voices
Previous Other Voices                                               
Access Alternative Market Briefing


  • Top Forwarded
  • Top Tracked
  • Top Searched
  1. Institutions - North Carolina workers call on state pension to dump up to $6bn in hedge funds, UK pension fund criticizes hedge fund fees[more]

    North Carolina workers call on state pension to dump up to $6bn in hedge funds From Forbes.com: The State Employees Association of North Carolina this afternoon called on state Treasurer Janet Cowell to withdraw all investments in hedge funds, which appear to amount to approximately $6 b

  2. Outlook - Julian Robertson: There are two bubbles that can bite us[more]

    From Businessinsider.com: Legendary hedge fund manager Julian Robertson gave a warning about two bubbles that could "bite us" at Bloomberg Market's Most Influential Summit. "I agree with the fact that the economy is definitely getting better. I think the cause of that is two bubbles that will

  3. Manager Profile: Leon Cooperman: The stock market is 'fairly valued,' but the bond market is 'overvalued'[more]

    From Businessinsider.com: Leon Cooperman of Omega Advisors and Howard Marks of Oaktree just finished a panel at Bloomberg's Most Influential Summit. Bloomberg TV's Stephanie Ruhle was the moderator. The two titans, who have known each other for 40 years, spoke about the market and the state of

  4. North America - Some newly registered U.S. hedge fund advisers are ‘cherrypicking’[more]

    From Reuters.com: Some newly registered U.S. hedge fund advisers are "cherry-picking" investments to showcase their performance and improperly changing how they value securities, an agency official said on Monday. Andrew Bowden, head of the SEC's Office of Compliance, Inspections and Examinati

  5. Short Selling - Notorious U.S. short-seller targets Alibaba[more]

    From Wantchinatimes.com: A notorious American short-seller appears to have "targeted" Chinese internet giant Alibaba on the eve of its historic public listing on the New York Stock Exchange, reports Chinese web portal Hexun. Alibaba's highly-anticipated listing on Friday could potentially be the big