Sun, Apr 22, 2018
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. Investing - Sequoia takes Facebook stake as shares slide in data controversy, $1.4b hedge fund sees intact fundamentals for Facebook, Jim Cramer reveals some 'suggested hedge fund trades' amid the Trump tariffs[more]

    Sequoia takes Facebook stake as shares slide in data controversy From Bloomberg.com: The $4.2 billion Sequoia Fund bought a small position in Facebook Inc. as the stock slid late in the first quarter, investment manager Ruane, Cunniff & Goldfarb told clients. "The recent controversy enab

  2. Activist Investors - Blue Sky-owned Wild Breads faces uncertain future[more]

    From AFR.com: A Blue Sky private equity investment in artisan-style baker Wild Breads enjoyed multiple valuation upgrades despite losing millions and breaching its lending covenants, accounts lodged with the regulator last week show. Wild Breads lost $2.4 million in 2017, but Blue Sky ascribed a hig

  3. Opalesque Exclusive: Barnegat to close hedge fund to outside investors on weak opportunities[more]

    Komfie Manalo, Opalesque Asia: Bob Treue's Barnegat Fund Management said it is closing its $666m fixed income relative value hedge fund to outside investors. "The negative side to gains in Fixed Income Arbitrage is that unless we find new opportunit

  4. Investing - Hedge fund makes a big bet on malls, British hedge fund manager Odey short UK government bonds on QE bet[more]

    Hedge fund makes a big bet on malls From Barrons.com: The dominant narrative on American shopping malls is that they're dead. Crushed by Amazon.com, many brick-and-mortar retail stores are destined for bankruptcy. And where is the most retail, clustered all together? Malls. From a

  5. Performance - Hedge funds suffer first back-to-back loss in two years, Netflix performance burns hedge fund short sellers, Macro hedge fund up 14.5% in first quarter sees dollar falling, Renaissance Technologies rebounds across hedge funds in March[more]

    Hedge funds suffer first back-to-back loss in two years From Bloomberg.com: Hedge Fund returns sank for a second straight month in March, the first back-to-back loss since the first two months of 2016, as trade wars, tech-sector woes and a Fed rate hike dragged down the S&P 500 from its