Fri, Jul 29, 2016
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Alternative Market Briefing

ZHAW: Swiss funds of hedge funds returned around 3% in 2012

Tuesday, February 12, 2013

Benedicte Gravrand, Opalesque Geneva: - According to Zurich’s ZHAW School of Management and Law, Swiss-based fund of hedge funds (FoHF) showed some positive results in the second half of 2012, and the first quarter of 2013 is getting off to a good start too.

The HFRI Fund of Funds Composite index is already up 2.5%, after gaining 5% in 2012.

The Hedgegate Swiss FoHF Index (USD) gained 3.14% last year. The best FoHF (USD) on Hedgegate, measured against their 12-month returns, were StoneWater Capital’s Asia ex-Japan; Skypbridge’s Legion Strategies; Reichmuth’s Himalaya; PCAM’s Blue Chip Ltd; Millburn’s Mco Parnters LP; Titan’s Masters Int’l; Edmond de Rothschild’s Prifund Alpha Diversified; Trocadero Capital Holdings Ltd; Prima Capital Fund Ltd; and Kedge Capital’s Global Fund. (Hedgegate is a spinout of ZHAW).

ZHAW claims that even if FoHF did not outperform the stock market last year, "this, however, does not take into account the fact that a comparison with shares on a risk-adjusted basis still works out in favour of the hedge funds."

The 19-factor model developed by ZHAW/Hedgegate indicates that the positive performance in both Q4 and 2012 was larger based on the stock market’s momentum and the sharply decreasing spread between High Yield and AAA bonds, says ZHAW’s announcement.......................

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: California-based manager launches long/short equity hedge fund with unique algorithm[more]

    Benedicte Gravrand, Opalesque London for New Managers: SJL Capital LLC, an investment advisory firm based in California, has launched its maiden fund, the SJL MarketDNA Hedge Fund LP. The fund, which began trading

  2. Manny Roman to move from Man to Pimco[more]

    Benedicte Gravrand, Opalesque London: Emmanuel (Manny) Roman, an investment world veteran, has been hired by PIMCO, the large US bond fund house, as chief executive officer. PIMCO's current CEO Douglas Hodge will assume a new role as managing director and senior advisor when Roman joins P

  3. Opalesque Exclusive: ArbitrOption outperforms benchmarks, up 7.18% in H1[more]

    Komfie Manalo, Opalesque Asia: Independent registered advisor ArbitrOption breezed through the tumultuous Brexit referendum and outperformed its benchmarks. ArbitrOption was up 7.18% in the first half of 2016 compared to the S&P 500 which gain

  4. Europe - European hedge funds shrink and shutter as turmoil hurts returns, Investors go bargain-hunting for U.K. property after Brexit vote, Brexit: Guidance for fund directors - what to know and what to ask[more]

    European hedge funds shrink and shutter as turmoil hurts returns From Bloomberg.com: Europe’s hedge-fund industry contracted for a sixth straight quarter as the U.K.’s decision to leave the European Union and concerns that China’s growth is slowing caused losses and forced some money man

  5. Platinum Partners starts liquidation of hedge funds following municipal union kickback scandal[more]

    Komfie Manalo, Opalesque Asia: Platinum Partners, the hedge fund in the middle of a New York City municipal union kickback investigation, is reported to be liquidating two of its funds, the New