Fri, Jan 30, 2015
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Alternative Market Briefing

Peregrine reports their South African hedge funds have achieved positive performance across the board

Monday, November 12, 2012

Beverly Chandler, Opalesque London: Warren Chapman of South Africa’s Peregrine Prime Services reports that the South African hedge funds serviced by the firm enjoyed a good October with performance positive across the board.

Average returns before fees for asset weighted equity hedge funds were 2.55% over October, and equity weighted came in at 2.19%. Asset weighted long/short equity hedge Funds achieved a return of 2.82%, with equally weighted at 2.72% while market neutral equity hedge funds achieved 0.93% asset weighted and 1.23% equally weighted.

Year to date the South African hedge funds, asset weighted before fees, serviced by Peregrine Securities’ Prime Services have achieved 21.9% in equity hedge funds, 24.8% in long/short equity hedge funds and 8% in market neutral equity hedge funds.

Chapman commented: "Hedge Funds serviced by Peregrine continued to extend gains with strong performance in October, returns similar to those of August." In additional comment, Peregrine’s Barry du Toit analysed the findings of two academic papers, Andrea Frazzini and Lasse Pedersen’s Betting against Beta and Buffett’s Alpha, published in early October and reported on in Opalesque here.

The papers outed Warren Buffett as a closet quantitative hedge fund manager. Du Toit says: "Buffett has historicall......................

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: Ex-Citi trader launches 'sleep-at-night’ long/short equity fund[more]

    Benedicte Gravrand, Opalesque Geneva for New Managers: After working at Citi's proprietary trading desk, managing a large portfolio between 2008 and 2011, Joel S. Salomon founded SalaurMor Management in New Yor

  2. Investing - U.S. investors favor currency hedged Europe ETFs as euro tumbles, Quants win back investors as Swiss franc fuels volatility gains, David Einhorn's $7bn hedge fund is loading up on this stock, Hedge fund BlueMountain Capital unveils Ocwen Financial short, claims default on notes[more]

    U.S. investors favor currency hedged Europe ETFs as euro tumbles From Reuters.com: U.S. investors stung by the falling euro who want to stay invested in Europe are turning to exchange-traded funds designed to strip out the impact of the region's currency. The biggest among so-called "cur

  3. News Briefs - Millennials use tech tools to jump into investing, Winklevoss twins to launch bitcoin exchange with FDIC insured deposits, Robertson’s legacy from hedge funds to New Zealand, Real estate managers exploring smaller open-end funds[more]

    Millennials use tech tools to jump into investing It is the Facebookification of monetary investing. From social networking platforms that enable young investors to stick to every other's stock-picking mojo, to internet sites for initially-timers hungry for a piece of the Silicon Valley

  4. Update: Prosecutors seek 12 years for hedge fund manager Francisco Illarramendi[more]

    Komfie Manalo, Opalesque Asia: Federal prosecutors have asked the court to sentence convicted hedge fund manager Francisco Illarramendi to 12 years imprisonment for running an elaborate Ponzi scheme that bilked investors hundreds of millions in dollars, including a Venezuelan pension fund, report

  5. Institutions - Ontario pension fund leader calls all asset classes ‘expensive’, Taiwan's BLF plans $2bn in alternative mandates[more]

    Ontario pension fund leader calls all asset classes ‘expensive’ From WSJ.com: The head of one of the world’s largest pension funds said that across asset classes, “everything is expensive.” Ron Mock, who leads Canada’s $141 billion Ontario Teachers’ Pension Plan, said that the plan would