Sat, Jan 31, 2015
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: Ex-Citi trader launches 'sleep-at-night’ long/short equity fund[more]

    Benedicte Gravrand, Opalesque Geneva for New Managers: After working at Citi's proprietary trading desk, managing a large portfolio between 2008 and 2011, Joel S. Salomon founded SalaurMor Management in New Yor

  2. Investing - U.S. investors favor currency hedged Europe ETFs as euro tumbles, Quants win back investors as Swiss franc fuels volatility gains, David Einhorn's $7bn hedge fund is loading up on this stock, Hedge fund BlueMountain Capital unveils Ocwen Financial short, claims default on notes[more]

    U.S. investors favor currency hedged Europe ETFs as euro tumbles From Reuters.com: U.S. investors stung by the falling euro who want to stay invested in Europe are turning to exchange-traded funds designed to strip out the impact of the region's currency. The biggest among so-called "cur

  3. News Briefs - Millennials use tech tools to jump into investing, Winklevoss twins to launch bitcoin exchange with FDIC insured deposits, Robertson’s legacy from hedge funds to New Zealand, Real estate managers exploring smaller open-end funds[more]

    Millennials use tech tools to jump into investing It is the Facebookification of monetary investing. From social networking platforms that enable young investors to stick to every other's stock-picking mojo, to internet sites for initially-timers hungry for a piece of the Silicon Valley

  4. Update: Prosecutors seek 12 years for hedge fund manager Francisco Illarramendi[more]

    Komfie Manalo, Opalesque Asia: Federal prosecutors have asked the court to sentence convicted hedge fund manager Francisco Illarramendi to 12 years imprisonment for running an elaborate Ponzi scheme that bilked investors hundreds of millions in dollars, including a Venezuelan pension fund, report

  5. Institutions - Ontario pension fund leader calls all asset classes ‘expensive’, Taiwan's BLF plans $2bn in alternative mandates[more]

    Ontario pension fund leader calls all asset classes ‘expensive’ From WSJ.com: The head of one of the world’s largest pension funds said that across asset classes, “everything is expensive.” Ron Mock, who leads Canada’s $141 billion Ontario Teachers’ Pension Plan, said that the plan would