Mon, Mar 27, 2017
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Alternative Market Briefing

Study finds that smaller hedge funds outperform their larger peers

Tuesday, September 27, 2011

amb
Lisa Corvese
From Precy Dumlao, Opalesque Asia:

Small hedge funds outperform mid-size and large funds, and young funds outperform older ones, according to PerTrac’s latest report "Impact of Fund Size and Age on Hedge Fund Performance," which found that funds with less than $100m in assets under management (AUM) returned +13.04% in 2010, compared to +11.14% posted by mid-size funds ($100m to $500m AUM) and 10.99% gains achieved by large funds (over $500mAUM).

PerTrac, a provider of hedge fund analytics, added that their study also showed that performance of small and mid-size funds through the first six months of 2011 was better than their performance over the same period in 2010.

"The 2010 and first half of 2011 findings continue to suggest that investors seeking to maximize their returns should examine funds with less than $100 million in AUM or funds with less than two years of existence provided they fit their liquidity and allocation profile," commented Lisa Corvese, Managing Director of Global Business Strategy, at PerTrac.

PerTrac defines young funds as those founded less than two years old. These funds reported average gains of +13.25% in 2010, compared to gains of +12.65% and +11.77%, respectively, for mid-age funds or those that has been existing two to four years and "tenured" funds older than four years.

Surprisingly, these young funds achieved better returns with less risk than ......................

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. Hedge fund liquidations in 2016 surpass 2009 levels, new launches decline[more]

    Benedicte Gravrand, Opalesque Geneva: Even as the hedge fund industry's total assets exceeded the $3tln milestone last year, hedge fund liquidations increased. So much so that 2016 had the highest number of liquidations since 2008, claims the latest HFR Market Microstructure Report, re

  2. Hedge funds find no joy in macro as returns lag Trump rally[more]

    From Gulfnews.com: In 2017, macro hedge funds were expected to shine. So far? Not so much. It's been a far from impressive first two months for funds that trade around macroeconomic events. Discretionary funds rose just 0.3 per cent through February, according to Hedge Fund Research Inc., while the

  3. Strategies - Billionaire investor Marc Lasry shares how he's playing markets right now, Classic models are failing FX hedge funds desperate for return[more]

    Billionaire investor Marc Lasry shares how he's playing markets right now From CNBC.com: Buy on the prospect of deregulation. Sell on the enactment of deregulation. That's the strategy that billionaire investor Marc Lasry is implementing, according to an interview with CNBC in Las Vegas

  4. Opalesque Exclusive: Aberdeen makes the case for the lower mid-market[more]

    Bailey McCann, Opalesque New York: Aberdeen Asset Management has released a new paper focused on lower mid-market private equity. According to the paper, this segment of the private equity market is gaining popularity with private equity investors that are looking for multiple expansion and less

  5. Hedge funds await outcome of French elections, feel pinch on lower oil prices & weak dollar[more]

    Komfie Manalo, Opalesque Asia: Hedge funds felt the pinch of lower oil prices and weak U.S. dollar as the Lyxor Hedge Fund Index was marginally down as of the week ending 14 March, Lyxor Asset Management said in its Weekly Briefing. The Lyxor He