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Alternative Market Briefing

Chicago-based hedge fund AM Capital posts +6.06% gains in June and sees opportunities ahead

Monday, July 09, 2012

From Precy Dumlao, Opalesque Asia:

Chicago, Illinois-based hedge fund manager AM Capital Advisors posted a +6.06% gains in June to offset the -12% losses registered in May versus the DOW index + 3.94%, NASDAQ +.44%, and the S&P 500 index at +3.99% during the same month, AM Advisors President Aaron Miller told Opalesque in an exclusive interview.

Since inception in July 2009, AM Capital’s performance was up +42.92% versus the same time period for the DOW index +52.47%, NASDAQ 58.96%, and the S&P 500 index at +47.92%.

Miller said that the fund’s reversal of fortune in June was brought about by his exposures in derivates after his core stock positions underperformed in May. "Hopefully this will translate into positive returns going forward because I think my core positions have much more upside potential than downside," Miller said.

AM Capital strategies are focused to qualified institutional and individual investors. Its investment team applies a disciplined investment process and risk management tools to construct diversified hedge fund portfolios in order to achieve the firm’s clients' risk-adjusted return objective.

In the near-term, Miller expects some opportunities for alpha considering that current expectations are low given the market volatility in the U.S. and Europe. However, Miller said that once the U.S. elections and politics shift into high gear and get more attention, specific......................

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