Wed, Oct 7, 2015
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Alternative Market Briefing

Highlight on energy (2) – ARP: Now we can all hedge power exposure intelligently

Friday, January 22, 2010

Benedicte Gravrand, Opalesque London:

Absolute Return Partners (ARP) has one of the few energy-focused funds that exist across the hedge fund industry. Energy, whether traditional or new, has provoked heated debates since the awareness of global warming and peak oil came to the fore. These funds try to take advantage of price discrepancies that these markets provide or of new opportunities arising in the nascent market of renewables.

The HFRI Energy/Basic Materials Index, which returned 4.06% (est.) in December and 41.58% in 2009, was one of HFR’s top performing indices last year. The same index was down 38.3% in 2008 (the worst performer that year) and up 16.4% in 2007 (the top performer that year).

Our fund today, the NEAS Power Fund, predominantly trades listed futures, options and contracts for difference (CfDs) in the European power markets (including contracts in electricity, carbon and carbon emissions, oil, gas and coal). The investment strategy is dominated by a relative value focus with emphasis on fundamental research, risk management and diversification. It is purely discretionary (as opposed to systematic) in its approach. Launched on 1st October-09, it is down -3.49% for 2009. It is managed by Absolute Return Partners LLP, a fund management company located in Richmond, just South of London.

Nick Rees, partner at ARP, told Opalesque his fund has t......................

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. U.S. hedge funds prepare for worst finish this year since 2008[more]

    Komfie Manalo, Opalesque Asia: U.S.-focused hedge funds are preparing for their worst year since the 2008 global financial crisis, following a series of letdown including the market sell-off in August and the sell-off in healthcare and biotechnology sectors last month, reported

  2. Investing - AQR Capital and Renaissance Technologies raise stakes in Southwest Airlines[more]

    From In the previous part of this series, we saw how institutional investors played Southwest Airlines (LUV) in 2Q15. Now let’s move on to the trades executed by key hedge funds in Southwest Airlines over the same period. … Most of the hedge funds that had significant exposu

  3. DoubleLine’s Jeffrey Gundlach warns of another round of market shakedown[more]

    Komfie Manalo, Opalesque Asia: DoubleLine Capital co-founder Jeffrey Gundlach is painting a bleak future as he warned that the U.S. equity market and other risk markets, such as high-yield "junk" bonds, are facing another round of selling pressure. Gundlach said in an interview with

  4. A hedge fund strategy that seems to have fizzled[more]

    From The hedge fund strategy that has attracted the most money this year is on course to cause some of the biggest losses for investors, in the latest example of the dangers of going with the crowd. Institutions and individuals have piled an estimated $20 billion (Dh73 billion) into ma

  5. Hedge fund Barnegat survives September’s market selloff[more]

    Komfie Manalo, Opalesque Asia: Bob Treue’s $679 million Barnegat Fund proved resilient after another month of market letdown as the hedge fund gained 2.2% last month, bringing its year-to-date gains to 2.8%. Treue said in his monthly report to i