Fri, Nov 27, 2015
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Alternative Market Briefing

'Alternative Alternatives' investment funds up 0.07% in March (+0.14% in Q1)

Friday, April 26, 2013

Florian Guldner, Opalesque Research:

'Alternative Alternatives' investment funds performed flat both in March and the first quarter this year, according to an estimation based on 622 single- and multi-manager funds currently listed in 25 categories in the Opalesque Solutions A SQUARE Fund Database (Source).

The Opalesque A SQUARE Index gained 0.07% last month, finishing the first quarter of 2013 up 0.14%. The A SQUARE Funds of Funds Index lost 0.47% in March, but is up 0.36% for the year. Sorted by asset classes, alternative-alternatives funds showed mixed results:

  • Once again, infrastructure funds were the top performers with average gains of 2.96%. Real estate, credit, insurance, forex, trade finance and collectibles investment strategies had a positive month of March with average gains below 1%.

  • Base & precious metals funds had another difficult month and an average loss of 2.67%. All other commodity- and equity derivatives-based investment strategies suffered small losses.

  • For the first quarter of 2013, the top performing asset class was infrastructure (+12.37%), followed by collectibles (+4.48%), forex (+2.61%), trade finance (+2.55%) and credit (+2.27%). Negative results were posted by base & precious metals (-13.25%), all-commodity (-2.09%) and equity derivatives strategies (-2.04%).

A SQUARE database weighting by asset classes


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. Other Voices: Hedge fund marketing and the selling cycle[more]

    By Bruce Frumerman. How long is the selling cycle now? That’s a question my financial communications and sales marketing consulting firm has been asked on a regular basis by hedge fund firm owners and sales people, ever since we opened the doors to our firm in 1987 pre-crash. Wa

  2. People - Solus Alternative Asset Management adds chief strategist from BTIG[more]

    From Daniel Greenhaus joined hedge fund manager Solus Alternative Asset Management as managing director and chief strategist. He will work closely with Chris Bondy, Solus’ chief economist, managing director and executive vice president, said Chris Pucillo, CEO and chief investmen

  3. Opalesque Roundtable: Seeding deal terms can be onerous for hedge funds[more]

    Benedicte Gravrand, Opalesque Geneva for New Managers: Executives from fund of funds firms, family offices, a placement agent, a private equity firm, and an accounting firm gathered in Connecticut last month for the

  4. Opalesque Roundtable: Family offices flock to co-investment[more]

    Bailey McCann, Opalesque New York: Co-investments have been a hot topic for pension funds in recent years, as they try to move away from high fees and improve transparency. But now, family offices are more readily getting into the mix and establishing in-house deal teams, according to the delega

  5. More institutional investors invest in CTAs compared to last year despite dissatisfaction with performance[more]

    Benedicte Gravrand, Opalesque Geneva: "Despite a strong start to 2015 for CTAs in Q1, commodity market conditions have made return generation difficult for fund managers over much of the rest of the year to date," says Preqin’s November