Tue, Jul 7, 2015
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 Exclusive: New systematic strategy managed alongside research firm outperforms S&P500[more]

    Benedicte Gravrand, Opalesque Geneva for New Managers: An emerging CTA manager explains how he runs his strategy, which is based on an index produced by a research firm. Peter Turk is head of

  2. Opalesque Exclusive: New systematic strategy embraces machine learning[more]

    Benedicte Gravrand, Opalesque Geneva for New Managers: The founder of a New York-based systematic trading firm, which offers a hybrid between alpha strategies and alternative feta at lower fees, describes his approa

  3. Larry Robbins' hedge fund Glenview buys 1m Tenet Healthcare shares[more]

    Komfie Manalo, Opalesque Asia: Glenview Capital Management said it bought an additional 979,482 shares at Tenet Healthcare Corp valued at $53.80 million, raising its stakes in the healthcare services company to 15.16%, reported

  4. Legal - Grayson’s hedge funds under scrutiny for possible ethics violations, Court rejects hedge fund’s motion to block merger of Samsung affiliates[more]

    Grayson’s hedge funds under scrutiny for possible ethics violations From Freebeacon.com: Rep. Alan Grayson is finding himself in hot water over managing hedge funds that bear his name, actions that are in possible violation of House ethics rules. Sitting members of Congress are prohibite

  5. Hedge funds decline in June as stocks tumble on Greek woes[more]

    From Bloomberg.com: Hedge funds posted losses across strategies last month as uncertainty over whether Greece will remain in the euro sent global stock markets tumbling. Winton Capital Management declined about 3.1 percent in June in its $12.1 billion Winton Futures Fund, leaving it down 1.9 percent

 

banner