Tue, Oct 25, 2016
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. M&A - U.S. hedge fund HarbourVest is shock winner in the £1.1bn SVG Capital takeover saga, Hedge fund Parvus shows hand, toppling William Hill merger deal[more]

    U.S. hedge fund HarbourVest is shock winner in the £1.1bn SVG Capital takeover saga From Thisismoney.co.uk: The fierce battle to buy Britain's biggest private equity group has come to an unexpected conclusion, with the original bidder walking away with the prize. SVG Capital has agreed

  2. Marc Lasry: Energy is still a phenomenal opportunity[more]

    From CNBC.com: Distressed debt specialist Marc Lasry said energy debt is still a "phenomenal opportunity" because investors can get "massively overpaid" for the risk they take on. There are "huge opportunities" in the energy sector especially in restructurings, the Avenue Capital Group CEO said Tues

  3. Opalesque Exclusive: Ex-SAC manager re-emerges with market neutral hedge fund[more]

    Benedicte Gravrand, Opalesque Geneva for New Managers: A manager re-emerged from the SAC battleground last year to launch his own hedge fund under the umbrella of New York-based investment firm Endicott Group.

  4. North America - Hedge-fund manager Kyle Bass says the U.S. is on track for stagflation, Billionaire hedge fund titans Dinan, Lasry on election, markets and best investment ideas[more]

    Hedge-fund manager Kyle Bass says the U.S. is on track for stagflation From Marketwatch.com: Kyle Bass, founder of Hayman Capital Management, on Wednesday warned that the U.S. is headed toward so-called stagflation. Stagflation is typically described as persistently high inflation and hi

  5. David Einhorn speaks on passive investing, Mylan, his cheapest stock, the Fed[more]

    From Forbes.com: 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