Mon, Sep 15, 2014
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Alternative Market Briefing

Zenith believes Aussie market neutral funds offer out-performance and diversification across the board

Monday, February 11, 2013

Beverly Chandler, Opalesque London: Australian investment researchers, Zenith Investment Partners have published their 2013 Equity Market Neutral Review. The firm examined seven of what they consider the best of the market neutral funds offered to Australian investors.

Zenith believes that one of the key strengths of the sector is the range of different strategies market neutral funds can employ, with the funds they cover investing as quantitative managers, fundamental stock pickers and a relative value strategy. Daniel Liptak, Head of Alternatives at Zenith Investment Partners explains: "This results in a list of funds which have limited correlation to the broader equity market, but also importantly, limited correlation to each other."

Liptak quotes George Soros "It is not whether you’re right or wrong that’s important, but how much money you make when you are right and how much money you lose when you’re wrong" in his review of the sector. Liptak believes that Australian market neutral funds provide capital preservation and more reasonable participation in alpha than the average long only Australian equity fund but also, he writes, they are among the best performing strategies globally.

As a group, the Zenith Investment Grade Market Neutral Funds 2013, returned a cumulative return of 246.94% in the 10 years to October 2012 (net of fees). Over the same time the broad Australian market has returned 128.17%......................

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. Investing - Big hedge funds show interest in Alibaba, Maglan joins other hedge funds in rush to Argentinian assets[more]

    Big hedge funds show interest in Alibaba From Hereisthecity.com: …Three other major hedge fund investors who have shown interest in the IPO are Dan Loeb of Third Point, David Tepper of Appaloosa Management and Dan Benton of Andor Capital Management. All three were among the roughly 800 p

  2. Socially responsible investments provide higher yield[more]

    Komfie Manalo, Opalesque Asia: A study by New Amsterdam Partners showed that asset managers with high ESG (environmental, social and governance) ratings provide higher gains with their portfolios compared to managers with low ESG ratings. In a study entitled

  3. Rothschild sees ‘new monetary world’ and recommends hedges[more]

    From Valuewalk.com: Rothschild Wealth Management is concerned about complacency and somewhat befuddled about the potential for stimulus in the Eurozone given the economic indicators. In their September “Market Perspective” report, Rothschild observed that while the risks in the Ukraine and Syria are

  4. SEC charges Minnesota hedge fund manager with fraud[more]

    Bailey McCann, Opalesque New York: The SEC has brought charges against Minneapolis-based hedge fund manager, Steven R. Markusen for bilking investors out of fees and portfolio pumping. According to the complaint, the management fees earned by Archer Advisors LLC were shrinking due to the funds’ w

  5. …And Finally – Immature[more]

    From Newsoftheweird.com: Princeton University professor John Mulvey, 67 (who teaches financial engineering applications), was charged in July with stealing 21 yard signs around the town of Princeton -- signs for a computer repair business owned by a man with whom he was feuding. Nathan McCoy,