Thu, Aug 24, 2017
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Alternative Market Briefing

Allenbridge reviews disappointing 2012 but identifies potential winners in 2013

Friday, January 25, 2013

Beverly Chandler, Opalesque London: Allenbridge Investment Solutions has published its Hedge Fund Outlook for 2013 opening with the observation that 2012 represented a year of modest gains for hedge fund investors with the HFRI Fund weighted composite index recording a gain of 6.2% during 2012. "This was another year when the aggregate return from hedge funds represented a disappointment to traditional investors in this asset class" Allenbridge writes.

The disappointing returns served to highlight the importance of astute manager selection, the firm believes, as a number of managers produced very strong returns. "In addition it was a reminder to investors that absolute return strategies targeting 5% over cash will produce just 5-6% when cash is at zero."

The firm found that across the different strategies, long biased credit approaches were the strongest performers as Central banks’ purchases of government and government backed securities fuelled the rally across investment grade and high yield markets. "By way of example the strongest performing hedge fund sector was the HFRI RV Fixed income asset-backed which was up 16.5%. Both the convertibles and corporate indices were not far behind recording near double digit gains. Within the equity long/short spectrum, funds delivered mid-single digit gains in aggregate however there was a wide dispersion between ......................

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: Altegris and Artivest partner on distribution for alternative funds suite[more]

    Bailey McCann, Opalesque New York: California-based investment firm Altegris has partnered with New York-based alternative investments platform Artivest on distribution for $1 billion in alternative funds. The partnership also launches Artivest's capabilities to offer alternative solutions to acc

  2. Investing - Buffett's Berkshire Hathaway will not increase its Oncor offer, Travel-tilting hedge funds are investing in airlines and online travel agencies[more]

    Buffett's Berkshire Hathaway will not increase its Oncor offer From Reuters.com: The energy unit of Warren Buffett's Berkshire Hathaway Inc said on Wednesday it will "stand firm" on its $9 billion offer to acquire 80 percent of Oncor Electric Delivery Company LLC and will not increase it

  3. Investing - David Tepper sells airline stocks, except Delta[more]

    From Forbes.com: Head of successful hedge fund Appaloosa Management, David Tepper shied away from airlines in the second quarter after upping his bets in the first three months of the year, according to his portfolio filing released this week. Tepper sold all of his position in United Continen

  4. Opalesque Exclusive: Update: Emerging long-biased hedge fund expands coverage[more]

    Benedicte Gravrand, Opalesque Geneva for New Managers: Left Brain Capital Management, which manages Left Brain Capital Appreciation Fund

  5. Investing - Silchester International Investors buys 5% stake in bookie William Hill, Hedge funds split over Microsoft, Top hedge funds are bullish on these 3 mega-cap stocks, Hedge funds betting demise in small-cap stocks will get worse[more]

    Silchester International Investors buys 5% stake in bookie William Hill From Thisismoney.co.uk: A leading investment fund has put its cash behind under-pressure William Hill. Mayfair-based Silchester International Investors has bought 5 per cent of the bookmaker's stock - which has almos