Fri, Apr 18, 2014
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Alternative Market Briefing

Oxford Investment Partners’ fund of funds ends 2012 up 9% thanks to hedge fund, equity, fixed income exposure

Monday, February 04, 2013

amb
Karl Sternberg
From Precy Dumlao, Opalesque Asia:

The UK-based Oxford Investment Partners Ltd (OXIP)’s OXIP Diversified Fund delivered 1.9% (est.) in Q4-12, bringing the entire year’s gains to 9%, thanks to the fund’s equity, hedge fund and fixed income investments that contributed returns in excess of 10%.

As at 31st December 2012 the Fund (OXIP DF) was estimated at £37m ($58.1m).

OXIP DF's hedge fund portfolio returned 5% p.a. since its May 2006 inception, comparing favourably with the industry average of 1.4% p.a.

Portfolio managers Karl Sternberg and Paul Berriman said in OXIP DF’s Q4 2012 newsletter that the fund’s 2012 profits represent two thirds of the rise in the global equity index, "in line with the proportion of a positive year’s equity returns we aim to capture, and well ahead of inflation." The MSCI ACWI (75% hedged to sterling: OXIP's medium-term benchmark) delivered 2.9% for the quarter and 14% for the year. UK conventional gilts returned 2.7% over twelve months, index-linked bonds -0.3%.

The duo expressed their outlook in the newsletter: "Turning to the future there is so much despondency about the world economy that it is difficult not to be a little heartened. Pessimists predict that monetary policy, the main weapon employed in the US, UK and Europe, is running out of efficaciousness. Our view is that we have yet to see the full benefit of previous efforts and we shall see more t......................

To view our full article Click here

Banner
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. CTAs could face new challenges in a rising rates environment[more]

    Bailey McCann, Opalesque New York: CTAs have taken a beating performance wise lately, and asset flows reports show that investors aren't sticking around to see how the movie ends. Now, a new white paper from Roy Niederhoffer and Coen Weddepohl notes that as interest rates start to tick back u

  2. Investing – Big hedge funds bought Puerto Rico's junk bonds, Fidelity explores new trading venue amid flash trade concerns, Crisis-era Greek bonds reward early buyers with big effective returns, Cargill unit discloses stake in Freddie preferred[more]

    Big hedge funds bought Puerto Rico's junk bonds From Reuters.com: Several large hedge funds doubled down on Puerto Rico in last month's giant bond sale despite the U.S. territory's financial struggles, the Wall Street Journal reported, citing confidential documents reviewed by the newspa

  3. Opalesque Exclusive: Classic Auto Funds Limited (CAF) launches several car investing funds[more]

    Bailey McCann, Opalesque New York: A new trend in alternative alternatives is emerging - car appreciation funds. Classic Auto Funds Limited (CAF) is the first to market with several funds that make super elite luxury cars into real asset investments. As a result of growing overseas demand couple

  4. Commodities – Popular value fund manager David Iben bets on Russia, gold,[more]

    From Reuters.com: With large bets on Russia and North American gold miners, one of the best performing stock pickers in the wake of the 2008 financial crisis is back with a new fund that reflects his deep aversion to following the crowd. In the Kopernik Global All-Cap Fund, David Iben is follo

  5. Opalesque Exclusive: Pensions, endowments, family offices reconsider life settlement investments[more]

    Bailey McCann, Opalesque New York: Hedge funds were once the largest investors in the life settlement industry, now the industry is seeing more interest from pensions, endowments and family offices directly. Life settlements have always been considered a niche part of the investing landscape, an