Sat, Aug 23, 2014
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. Institutions – Texas Employees sets 2015 tactical plan for alternatives, CalPERS' real estate consultant cautions the pension fund's investment committee, Why Sunsuper likes hedge funds[more]

    Texas Employees sets 2015 tactical plan for alternatives From PIOnline.com: Texas Employees Retirement System will invest in up to four new hedge funds in the next fiscal year, which begins Sept. 1. Trustees approved 2015 tactical investment plans for the hedge fund, private equity and in

  2. Private equity follows hedge funds into reinsurance for long-term capital[more]

    From Artemis.bm: It’s not just hedge funds that are entering the insurance and reinsurance market in search of so-called long-term capital to put to work in their strategies, private equity firms targeting the space are also seeking opportunities to add assets under management. The entry of large pr

  3. North America – New York City’s next hot neighborhoods targeted with property funds[more]

    From Bloomberg.com: New York’s real estate world is filled with tales of ordinary people who bought property decades ago and saw values skyrocket to the millions. Seth Weissman is seeking investors to get in early on the next hot neighborhoods. The veteran of Goldman Sachs Group Inc. and hedge

  4. Investing – George Soros bets $2bn on stock market collapse, Warren Buffett's Berkshire reveals Charter stake, cuts DirecTV, Hedge funds lusting to cash out of MGM, Top hedge fund managers are buying Ally Financial, Hedge funds dumped 5m Herbalife shares in Q2, Paulson & Co hedge fund ups Puerto Rico real estate bet, Netflix Inc., Citigroup Inc, Google Inc are top new picks in Tiger Management’s 13F[more]

    George Soros bets $2bn on stock market collapse From Newsmax.com: Billionaire investor George Soros has increased his financial bet that U.S. stocks will collapse to more than $2 billion. The legendary hedge fund manager has been raising his negative bet on the Standard & Poor's 500 Inde

  5. Investors now net short S&P500 and increased Russell shorts, technicals suggest further selling[more]

    Komfie Manalo, Opalesque Asia: Market Neutral funds increased their market exposure to -1% net short from -6% net short last week, according to Bank of America Merrill Lynch’s Hedge Fund Monitor. The report also added