Wed, Oct 26, 2016
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. Opalesque Exclusive: Ex-SAC manager re-emerges with market neutral hedge fund[more]

    Benedicte Gravrand, Opalesque Geneva for New Managers: A manager re-emerged from the SAC battleground last year to launch his own hedge fund under the umbrella of New York-based investment firm Endicott Group.

  2. North America - Hedge-fund manager Kyle Bass says the U.S. is on track for stagflation, Billionaire hedge fund titans Dinan, Lasry on election, markets and best investment ideas[more]

    Hedge-fund manager Kyle Bass says the U.S. is on track for stagflation From Kyle Bass, founder of Hayman Capital Management, on Wednesday warned that the U.S. is headed toward so-called stagflation. Stagflation is typically described as persistently high inflation and hi

  3. David Einhorn speaks on passive investing, Mylan, his cheapest stock, the Fed[more]

    From Greenlight Capital hedge fund manager David Einhorn (Trades, Portfolio) joined nine other famed investors on Tuesday to talk about stocks at the annual Great Investors’ Best Ideas Investment Symposium in Dallas. Presenters at the annual conference typically pitch one or severa

  4. Investing - Fund set up to buy illiquid hedge fund stakes finds plenty of opportunities, Lansdowne's Roden says likes animal genetics company Genus[more]

    Fund set up to buy illiquid hedge fund stakes finds plenty of opportunities From As ValueWalk reported back in February, earlier this year Andrew Lawrence set out to raise $250 million to $500 million for a fund that will buy stakes in hedge funds that have suspended redem

  5. Other Voices: Follow the advice of investment consultants - I think not[more]

    Mark Rzepczynski, Founding Partner, Chief Investment Officer AMPHI Research and Trading, writes on Harvest Exchange: Investment consultants are a force to the reckoned with in the pension world. They advise and drive many pension decisions around the globe. Consultants literally control trillion