Tue, Apr 24, 2018
A A A
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. Investing - Sequoia takes Facebook stake as shares slide in data controversy, $1.4b hedge fund sees intact fundamentals for Facebook, Jim Cramer reveals some 'suggested hedge fund trades' amid the Trump tariffs[more]

    Sequoia takes Facebook stake as shares slide in data controversy From Bloomberg.com: The $4.2 billion Sequoia Fund bought a small position in Facebook Inc. as the stock slid late in the first quarter, investment manager Ruane, Cunniff & Goldfarb told clients. "The recent controversy enab

  2. Activist Investors - Blue Sky-owned Wild Breads faces uncertain future[more]

    From AFR.com: A Blue Sky private equity investment in artisan-style baker Wild Breads enjoyed multiple valuation upgrades despite losing millions and breaching its lending covenants, accounts lodged with the regulator last week show. Wild Breads lost $2.4 million in 2017, but Blue Sky ascribed a hig

  3. Opalesque Exclusive: Barnegat to close hedge fund to outside investors on weak opportunities[more]

    Komfie Manalo, Opalesque Asia: Bob Treue's Barnegat Fund Management said it is closing its $666m fixed income relative value hedge fund to outside investors. "The negative side to gains in Fixed Income Arbitrage is that unless we find new opportunit

  4. Investing - Hedge fund makes a big bet on malls, British hedge fund manager Odey short UK government bonds on QE bet[more]

    Hedge fund makes a big bet on malls From Barrons.com: The dominant narrative on American shopping malls is that they're dead. Crushed by Amazon.com, many brick-and-mortar retail stores are destined for bankruptcy. And where is the most retail, clustered all together? Malls. From a

  5. Performance - Hedge funds suffer first back-to-back loss in two years, Netflix performance burns hedge fund short sellers, Macro hedge fund up 14.5% in first quarter sees dollar falling, Renaissance Technologies rebounds across hedge funds in March[more]

    Hedge funds suffer first back-to-back loss in two years From Bloomberg.com: Hedge Fund returns sank for a second straight month in March, the first back-to-back loss since the first two months of 2016, as trade wars, tech-sector woes and a Fed rate hike dragged down the S&P 500 from its