Fri, May 24, 2013
A A A
Welcome Guest
Free Trial RSS
New! Family Office and Investor Database with 11,750 contacts
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
Article link
Banner
Today's Exclusives Today's Other Voices Banner More Exclusives
Previous Opalesque Exclusives                                  
More Other Voices
Previous Other Voices                                               
Access Alternative Market Briefing
  • Top Forwarded
  • Top Tracked
  • Top Searched
  1. Opalesque Exclusive: Endurance Series Trust launches first mutual fund, multi-series trust[more]

    Bailey McCann, Opalesque New York: Endurance Series Trust, a multi-series trust, is launching with Gator Capital Management, LLC as the adviser for the Trust’s first mutual fund series. Endurance Fund Services, LLC, an independently owned and operated fund administration company will serve as t

  2. Morgan Creek Capital Management to acquire Signet Capital Management[more]

    Bailey McCann, Opalesque New York: Investment firm Morgan Creek Capital Management has acquired Signet Capital Management a UK-based credit fund of funds with $700M in assets under management. Under the agreement, Signet will contribute its funds and senior investment management team to Morgan Creek

  3. Performance – Chenavari Investment holds off U.S. dominance to crack big league of top hedge fund performers, BlueCrest credit hedge fund makes gains despite European short bias, Sensato Asia-Pacific Fund up 15% YTD, says Japanese stock valuations are no longer attractive, ETF that follows hedge fund gurus is up 52% since inception less than a year ago[more]

    Chenavari Investment holds off U.S. dominance to crack big league of top hedge fund performers From Cityam.com: A boutique London-based hedge fund has smashed into the top three best performing funds in the world this year, breaking the dominance of US hedge fund managers, according to a

  4. Moore Capital founder Louis Bacon to anchor $750m senior loan fund[more]

    From PEhub.com: Billionaire hedge fund manager Louis Bacon is placing a big bet on mid-market lending by backing a new firm that is seeking to raise a $750 million debt fund aiming at the lower end of the middle market, two sources told sister magazine Buyouts. Bacon, the founder of Moore Capi

  5. The Millennium Wave Fund (MWF): Focus: MFW is a fund of hedge funds that invests in non-directional, niche strategies where barriers to entry tend to be high. The portfolio aims to achieve low correlations among the underlying funds and to traditional assets classes. It targets returns of 12-18% pa
Click here for More about Opalesque Tracking
- A new, unique Premium Service -
  1. MGH
  2. NZARA
  3. 36 South
  4. Cultivar
  5. New Zealand
  1. managed account
  2. man group
  3. Ucits
  4. asian hedge fund
  5. King Street