Tue, May 30, 2017
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Alternative Market Briefing

David Rothberg: Investors cannot quite dispel a feeling that something just ain't right

Monday, April 15, 2013

Benedicte Gravrand, Opalesque Geneva:

The Friedberg Global Macro hedge fund is now closed to new investors, reports David Rothberg, a Canadian fund and risk manager, but the Niagara Discovery fund, a multi-strategy fund, remains open. Rothberg also comments on the weird current equity trend, the weak recovery and the potential bubbles in sight.

Friedberg Global-Macro Hedge Fund is closed to new investors The Friedberg Global-Macro Hedge Fund Ltd., which now has US$935.7m in AuM, was up 3.04% in March and up 6.77% YTD, annualising 16.7% since its December 2001 inception. The Cayman domiciled fund is a multi-strategy global macro fund managed by global macro investing veteran Albert Friedberg, co-founder of Toronto, Canada-based Friedberg Mercantile Group.

The Friedberg family is the Fund's lead investor, and Niagara Capital – also based in Toronto - is the international sales agent for the fund.

David Rothberg, Member of the risk management committee of the Friedberg Global Macro Hedge Fund since 1990, told Opalesque that in March, the fund had been "long U.S. TIPS and nominal bonds, bearishly positioned in oil, long housing, short Apple, long Google, long the Bank Of Ireland."

Although the Friedberg Global Macro Fund is closed, Rothberg adds, the Niagara Discovery fund is still open.

Niagara’s multi-strategy fund up 3.5% in March David Rothberg ......................

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 - China's HNA wants to invest in Value Partners, Risk parity investors reap rewards from rebalancing act, SoftBank's $100 billion tech fund rankles VCs as valuations soar[more]

    China's HNA wants to invest in Value Partners From Reuters.com: HNA Group has alighted on a logical, if pricey, target in Hong Kong. The deal-hungry Chinese travel conglomerate known for overpaying wants to invest in Value Partners, one of Asia's few sizeable independent asset managers,

  2. Opalesque Exclusive: Investors warm to ESG, but seek standardization[more]

    Bailey McCann, Opalesque New York: Asset managers and asset owners plan to double their investment in Environmental, Social and Governance (ESG) driven strategies over the next two years, according to a survey from BNP Paribas Securities Services. The report, "Great Expectations: ESG - what's nex

  3. Opalesque Roundtable: France's hidden strengths in AI and machine learning[more]

    Komfie Manalo, Opalesque Asia: All nations offer their strengths and weaknesses, but one that is undisputed is the quality of the French scientists, claimed Guillaume Vidal, co-founder of French technology startup Walnut Algorithms at the

  4. AI-based hedge fund brings machine learning investing to masses[more]

    Komfie Manalo, Opalesque Asia: Machine learning-based hedge fund firm Greyfeather Capital is trying to bring artificial intelligence investing to the masses with its plan to expand beyond the limited reach of the alternative investments space. "We're excited to bring AI technology to traditio

  5. Outlook - Iconic hedge fund manager Seth Klarman says investors are missing huge risks, Paul Singer warns of a world at risk[more]

    Iconic hedge fund manager Seth Klarman says investors are missing huge risks From Businessinsider.com: An iconic hedge fund manager says investors are misperceiving risks in the markets - at a time when markets are hitting historic highs. Baupost Group's Seth Klarman laid out his concern