Sat, Jun 25, 2016
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Alternative Market Briefing

Och-Ziff’s master hedge funds drop in May

Tuesday, June 05, 2012

Precy Dumlao, Opalesque Asia: The four 'most significant’ Och-Ziff master hedge funds reported an estimated decline in May but the firm’s assets remained unchanged since April, data released by institutional alternative asset manager Och-Ziff Capital Management Group on Monday showed.

The biggest decline was posted by the OZ Asia Master Fund, Ltd., which suffered-2.17% losses last month (+2.85%), followed by the OZ Europe Master Fund, Ltd., which fell -1.79% (+2.96% YTD), the OZ Global Special Investments Master Fund, L.P., -0.80% (+4.68% YTD), and the OZ Master Fund, Ltd., -0.52% (+4.55% YTD).

However, these losses were minimal compared to the funds’ benchmark, the Standard & Poor's 500 index, which dropped -6.3% drop in May.

The firm also disclosed that its assets under management were estimated at $29.8bn as at end of June 1, 2012. The figure reflects no change in assets under management since May 1, 2012.

Och-Ziff said in its disclosure to investors, "The company's estimate of assets under management is inclusive of performance for the month ended May 31, 2012 and capital flows as of June 1, 2012."

According to a report by MarketWatch.com,the decline in hedge fund performance reflected the investor sentiments in May particularly the heighten......................

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 Roundup: Hedge funds shrink as liquidations outpace new launches in Q1: hedge fund news, week 27[more]

    In the week ending 17 May, 2016, HFR said hedge fund liquidations declined narrowly to begin 2016 after rising sharply to conclude 2015, as investors positioned f

  2. Europe - Hedge funds keep powder dry over big Brexit bets, Hedge funds sense profit in Europe shock waves after Brexit vote, Soros warns Brexit may cause pound plunge worse than Black Wednesday, After Brexit: What will happen if Britain votes to leave the UK?[more]

    Hedge funds keep powder dry over big Brexit bets From FT.com: Hedge funds are shying away from big bets on Brexit, with many unwilling to risk further losses having already suffered a painful first half of the year. With the outcome of a UK vote on the country’s membership of the Europea

  3. News Briefs - ’Flash Boys’ get green light to launch stock exchange, Pimco says ‘storm is brewing’ in U.S. commercial real estate, Bankers get ready to rumble at Hedge Fund Fight Night, AIMA Australia celebrates 15th anniversary[more]

    ’Flash Boys’ get green light to launch stock exchange In an investing environment ruled by fast, the newest U.S. public stock exchange is banking on slow. Well, slower. IEX Group, which won Securities and Exchange Commission approval on Friday to go head-to-head with the New York Stock E

  4. Blackstone buys minority stake in New York-based credit hedge fund Marathon[more]

    Benedicte Gravrand, Opalesque Geneva: Blackstone Strategic Capital Holdings Fund, a vehicle managed by Blackstone Alternative Asset Management (BAAM), has acquired a passive, minority interest in Marathon Asset Management, for an undisclosed sum. Based in New York,

  5. Global markets fell, hedge funds gain in mid-June on Brexit, Fed rate concerns[more]

    Komfie Manalo, Opalesque Asia: Global financial markets declined through mid-June, as uncertainty associated with the upcoming Brexit referendum and expected U.S. Fed interest rate hike contributed to increases in volatility across asset classes, data provider