Sun, Jun 25, 2017
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Alternative Market Briefing

Hyphen’s long/short equity hedge fund (38.8% in 2012) positioned to profit from coming emerging market storm

Monday, January 21, 2013

Benedicte Gravrand, Opalesque Geneva:

The portfolio manager of Hyphen’s long/short equity hedge fund believes there is a lose-lose situation for emerging market investments, which presents tremendous opportunity.

Hyphen Partners L.P. was up 38.8% in 2012 (compared to 16% for the S&P500 index and 8.21% for the Dow Jones Credit Suisse Long/Short Equity Hedge Fund Index), after returning -16.6% in 2011, 8.6% in 2010 and 25.8% in 2009. The $9.2m fund, which was launched in January 2009, is a concentrated long/short equity vehicle that invests in highly liquid securities typically over a three-five year time period, and regularly takes positions in macro and credit markets.

According to the fund’s latest monthly report, it identifies and captures large opportunities in publicly traded securities, which include (1) valuation discrepancies in companies misunderstood or underappreciated by Wall Street, (2) uneconomic selling deriving from corporation actions (restructuring, spinoffs, carve-outs) that temporarily depresses price and misdirects perceptions of long-term value, and (3) macroeconomic cycles misunderstood by the consensus.

Vijai Mohan, founder of San Francisco-based Hyphen Fund Management LLC and portfolio manager of the fund in question, told Opalesque that the fund is generally positioned along ......................

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. Legal - Bond market concerns could scuttle Paulson's Fannie-Freddie plan[more]

    From Bloomberg.com: A hedge fund proposal for freeing Fannie Mae and Freddie Mac from U.S. control is poised to face stiff opposition from investors who say it risks wrecking the mortgage-bond market. The Moelis & Co. blueprint, which firms including Paulson & Co. and Blackstone Group LP sponsored,

  2. Other Voices: Are your pricing policies and procedures for less liquid instruments adequate?[more]

    Komfie Manalo, Opalesque Asia: The unrelated position mismarking incidents that quickly precipitated the closures of both Visium Asset Management and Marinus Capital have been recent focal points for market participants, but regulatory scrutiny of valuation choices for less liquid instruments is

  3. FinTech - AI hedge fund Numerai now live on Ethereum, Cryptocurrency hedge funds generate huge returns as bitcoin surges[more]

    AI hedge fund Numerai now live on Ethereum From Cryptoninjas.net: Back in February, Numerai announced numeraire (NMR), a cryptographic token to incentivize a new kind of hedge fund built by a network of data scientists. Earlier today, the Numeraire smart contract was officially deployed

  4. Investing - Advisors slash hedge fund positions, Theravance Biopharma is a top pick of investment guru Seth Klarman, As asset management industry grows a search for new revenue streams[more]

    Advisors slash hedge fund positions From Barrons.com: Financial advisors have cut wealthy clients' exposure to hedge funds by up to one third over the past 12 months, The Financial Times reports. Advisor firms in the FT's annual top-300 ranking have reduced their hedge fund allocation to

  5. Barclay Hedge Fund index gains 0.50% in May, 4.13% YTD[more]

    Hedge funds gained 0.50% in May according to the Barclay Hedge Fund Index compiled by BarclayHedge. The Index is up 4.13% in 2017. The Barclay Hedge Fund Index has now been profitable for seven months in a row, with a cumulative gain of 6.10%. The Barclay Technology Index has gained 12.27% in the fi