Fri, Oct 28, 2016
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. David Einhorn speaks on passive investing, Mylan, his cheapest stock, the Fed[more]

    From Greenlight Capital hedge fund manager David Einhorn (Trades, Portfolio) joined nine other famed investors on Tuesday to talk about stocks at the annual Great Investors’ Best Ideas Investment Symposium in Dallas. Presenters at the annual conference typically pitch one or severa

  2. Investing - Fund set up to buy illiquid hedge fund stakes finds plenty of opportunities, Lansdowne's Roden says likes animal genetics company Genus[more]

    Fund set up to buy illiquid hedge fund stakes finds plenty of opportunities From As ValueWalk reported back in February, earlier this year Andrew Lawrence set out to raise $250 million to $500 million for a fund that will buy stakes in hedge funds that have suspended redem

  3. Other Voices: Don’t mistake style for skill — The impact of style factors on trend follower performance[more]

    By John Dolfin, CFA Chief Investment Officer and Christopher Maxey, CAIA, Senior Portfolio Manager of Steben & Company: Managed futures have become an alternative asset class that is widely used by investors seeking overall portfolio diversification and absolute returns independent of the

  4. Opalesque Roundtable: Style drift, poor communications and credibility fatigue are biggest red flags for hedge funds investors[more]

    Komfie Manalo, Opalesque Asia: Style drift, poor communications and credibility fatigue are the biggest red flags for hedge funds investors, said participants of the latest 2016 Opalesque Investor Roundtable, sponso

  5. Barclay CTA Index down 0.40% in September (+0.10% YTD)[more]

    Managed futures traders lost 0.40% in September according to the Barclay CTA Index compiled by BarclayHedge. The Index is up 0.10% year to date. “The US Fed, in spite of its hawkish tone, opted to hold rates steady which roiled financial markets,” says Sol Waksman, founder and president of BarclayHe