Wed, Aug 23, 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. Investing - David Tepper sells airline stocks, except Delta[more]

    From Forbes.com: Head of successful hedge fund Appaloosa Management, David Tepper shied away from airlines in the second quarter after upping his bets in the first three months of the year, according to his portfolio filing released this week. Tepper sold all of his position in United Continen

  2. Opalesque Exclusive: Update: Emerging long-biased hedge fund expands coverage[more]

    Benedicte Gravrand, Opalesque Geneva for New Managers: Left Brain Capital Management, which manages Left Brain Capital Appreciation Fund

  3. Investing - Silchester International Investors buys 5% stake in bookie William Hill, Hedge funds split over Microsoft, Top hedge funds are bullish on these 3 mega-cap stocks, Hedge funds betting demise in small-cap stocks will get worse[more]

    Silchester International Investors buys 5% stake in bookie William Hill From Thisismoney.co.uk: A leading investment fund has put its cash behind under-pressure William Hill. Mayfair-based Silchester International Investors has bought 5 per cent of the bookmaker's stock - which has almos

  4. Fund Profile - A $3.4bn hedge fund's letter raises a fundamental question about the future of the industry[more]

    From Businessinsider.com: Tourbillon Capital, which manages $3.4 billion, has been losing money in its flagship fund as the bull market rages on. The New York firm, which focuses on stocks and is run by Jason Karp, has written in quarters past about why the firm is struggling. The firm's most recent

  5. Investing - ValueAct increases stake in Kravis' KKR, Cargo ship giant Maersk Tankers invests in quant hedge fund[more]

    ValueAct increases stake in Kravis' KKR From NYPost.com: ValueAct just cozied up closer to buyout baron Henry Kravis. A $16 billion hedge fund run by Jeffrey Ubben, ValueAct has increased its stake in the Kravis-run KKR to 6.1 percent, according to a regulatory filing late Monday.