Mon, Jul 24, 2017
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. Already above average, Singapore high-networth investors add hedge funds and alternative investments[more]

    Komfie Manalo, Opalesque Asia: An above-average proportion of Singaporean HNW wealth is allocated to alternative investments - the majority of which is held in hedge funds, according to the latest research by ReportLinker. In its report entitled, Wealth in Singapore: HNW Investors 2017

  2. Launches - Crypto boom: 15 new hedge funds want in on 84,000% returns, Crypto madness is striking VCs as Union Square analyst leaves to start new fund[more]

    Crypto boom: 15 new hedge funds want in on 84,000% returns From Forbes.com: With 43 projects raising $1.2 billion in initial coin offerings since May 1, according to Nick Tomaino's The Control, and with stratospheric returns for so many ICOs -- 82,000% for Ethereum, 56,000% for IOTA, 44,

  3. FinTech - The machines are coming... Elon Musk's grim warning, Tezos' $232 million ICO may just be the beginning, A gentle introduction to Initial Coin Offerings (ICOs), Billion dollar tokens, ICOS & crazy market swings WTF is going on!?, How AI is changing the way we invest, How the tech revolution is bringing flip-flops and beanbags to Wall Street, A 'machine-learning' approach to venture capital[more]

    The machines are coming... Elon Musk's grim warning From Tenplay.com.au: Tesla chief Elon Musk has called on US Governors to take 'decisive' action to curtail "the greatest risk we face as a civilization": Artificial Intelligence, or AI. Speaking at a meeting of the National Governor Ass

  4. News Briefs – Sears inks $200 million credit line from CEO Eddie Lampert's hedge fund, shares jump 9%, Rwanda: Global hedge fund to increase investments[more]

    Sears inks $200 million credit line from CEO Eddie Lampert's hedge fund, shares jump 9% Sears Holdings has landed a fresh line of credit, valued at $200 million, from its CEO Eddie Lampert's hedge fund, the retailer said Monday. Sears' stock climbed about 9 percent higher Monda

  5. Despite current limits, robo-advisors will be preferred investment solution for retail, gain importance for affluent and high net worth[more]

    Matthias Knab, Opalesque: Flynt, a Swiss FinTech focusing on proprietary technology platform for private and institutional clients, has published a brief paper on "Investing in the world of robo-advice and passive instruments". As investors will become more reluctant to pay for investment advi