Tue, Sep 22, 2020
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Alternative Market Briefing

Asia’s Consistent Growth Gives an Australian Hedge Fund +26.65% Finish in 2011

Thursday, January 26, 2012

From Komfie Manalo, Opalesque Asia:

The consistent high growth in Asia, specifically in Asian high yield bonds helped Sydney, Australia-based HCAP Asset Management’s flagship, the HCAP Global Diversified Fund, achieve double-digit returns while the majority of hedge fund strategies faltered last year.

In its latest communication to investors, HCAP said that the global macro fund ended 2011 up 26.65% (+0.15% in December). The performance more than doubled HCAP’s 2010 returns which was pegged at +9.59%.

HCAP Diversified is an Asian focused high yield fund with share classes denominated in USD and AUD. The fund currently features in Opalesque Solutions' Emerging Managers Database.

The fund was a consistent positive net performer last year except in June, July and November when HCAP Global Diversified Fund returned -0.12%, -2.39%, and -1.36% respectively. But the fund quickly recovered in August when it posted its biggest gains for the year at +8.95%. The fund also had remarkable results in the volatile months of September and October when it gained +7.42% and +8.27% respectively.

The fund returned 13.58% in 2010 and 0.37% in December 2009, when it was launched.

Steve Howell, HCAP’s CEO credited the fund’s portfolio, largely made up of liquid investments, which enabled it to provide monthly liquidity to its investors ......................

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. Women in Hedge Funds - The surprising profile of the perfect hedge fund manager, Profiling female hedge fund performance and noting differences, Miranda Ademaj - Risk warrior[more]

    The surprising profile of the perfect hedge fund manager From eFinancialcareers.com: What does a talented hedge fund manager look like? Is it a 28 year-old man with a bank of computer screens and a thing for protein shakes? Is it a 59 year-old man who became attached to a pet pig? Is it

  2. Investing: Tech stocks aren't in a bubble, but investors should be pickier, Credit Suisse says, Pandora tops world's best-performing market as hedge funds exit, What Bill Ackman is investing in now[more]

    Tech stocks aren't in a bubble, but investors should be pickier, Credit Suisse says From Business Insider: Credit Suisse on Thursday trimmed its overweight rating for tech stocks, recommending investors be more selective with their sector picks. Crowding in tech giants and the stocks&#

  3. Investing: Third Point buys stakes in Facebook, Alibaba in Q2, exits Sony, Allergan, Here's what investors with $3.4tn are buying during covid, An energy trader seeks profit from batteries in European markets, Hedge fund ARCM to sell $200m of Premier Oil debt[more]

    Third Point buys stakes in Facebook, Alibaba in Q2, exits Sony, Allergan Third Point LLC acquired new stakes in Facebook Inc. and Chinese e-commerce companies Alibaba Group Holding Ltd. and JD.com Inc. during the second quarter of 2020 as it divested positions in Sony Corp. and drugmaker

  4. PE/VC: Investors have bet big that you can get private equity returns in the public markets. A new study says otherwise, Aberdeen's Bonaccord teams up with CAZ to buy stakes in private markets managers, The role of private equity in economic recovery from Covid-19[more]

    Investors have bet big that you can get private equity returns in the public markets. A new study says otherwise From Institutional Investor: New research suggests private-equity-owned firms respond differently to financial distress - and that the resulting performance "cannot be replicat

  5. Opalesque TV: Meet a Swiss fund manager who hedges with a difference[more]

    B. G., Opalesque Geneva: There is a quant manager in Zurich that does things a little differently, which has helped a lot so far this year. ICON Asset Management, which was mentioned in the