Sun, Apr 26, 2015
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Alternative Market Briefing

Ineichen research looks for enduring style in investments

Tuesday, February 26, 2013

Beverly Chandler, Opalesque London: Research firm Ineichen Research and Management has published a new report on hedge fund performance, commenting that returns have not been 'great’. The firm writes: "While long-term relative as well as absolute performance is still attractive, there is disappointment in the short-term. During the past four years of reflation, hedge funds have delivered low absolute returns and underperformed other, more traditional investments."

The firm examines recent performance and revisits some concepts related to absolute returns investing and active risk management. "Just because a long-only investment approach has outperformed a hedged investment approach over the past four years does not imply that the former is superior to the latter. Quite the contrary: Investing in a long-only fashion is still like driving up a hill in a car with no brakes; as long as it’s going up, everything seems fine. However, when it goes downhill on the other side, additional tools and skills are required to control risk".

The firm finds that 'boring is good. One of the key claims of our research efforts is that compounding matters. With "compounding" we mean the positive, steady, eventless, and therefore "boring" compounding of capital. If true then the management and control of downside risk is a key ingredient to financial success and survival. Compounding is an el......................

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. U.S. does not want hedge funds to invest in offshore re-insurers for tax purposes[more]

    Komfie Manalo, Opalesque Asia: The U.S. Treasury Department on Thursday introduced a new rule aimed at limiting hedge funds’ ability to reduce their tax bills by investing in insurance companies in offshore tax havens. As a general rule, the U.S. tax laws does not allow hedge funds to use off

  2. Ruling: Hedge funds suing Argentina can have access to bond offering details[more]

    Komfie Manalo, Opalesque Asia: U.S. District Judge Thomas Griesa in Manhattan ruled yesterday that hedge funds are entitled to details of a recent bond offering by Buenos Aires, reports

  3. Fund managers express concern of overvaluation in both equity and bond markets[more]

    Komfie Manalo, Opalesque Asia: According to the BofA Merrill Lynch Fund Manager Survey, investors see growing overvaluations in both

  4. Update: Wall Street has strong feelings about Jon Corzine trying to make a comeback[more]

    From Businessinsider.com.au: Former New Jersey Governor Jon Corzine is thinking about starting his own hedge fund, according to the Wall Street Journal, and because of the way his last firm imploded, Wall Street has strong feelings about that. “Truth is the larger seeders would never give him money

  5. Opalesque Exclusive: Cybersecurity and hedge funds - A manager’s experience, Part Four[more]

    Benedicte Gravrand, Opalesque Geneva: Ruane, Cunniff and Goldfarb, Inc. used to have their own IT infrastructure. Todd Ruoff, Executive Vice President in charge of trading, operations and technology, was responsible for its maintenance. Then he started looking at outsourced providers a couple of

 

banner