Thu, Sep 29, 2016
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Alternative Market Briefing

Andreani quantitative long/short equity program returns 2.39% in first four months

Thursday, October 03, 2013

amb
Alexandre M. Andreani
Benedicte Gravrand, Opalesque Geneva for New Managers:

Andreani & Associés’s new quantitative long/short equity program, the COPS program (currently a managed account on Interactive Brokers), has returned 2.39% since its June 3rd inception, through to October 1st, 2013 (unleveraged version).

According to Andreani, during the same period (June 3rd to October 1st, 2013), the Lyxor L/S Equity Variables Bias Tracker Eur index was up 1.23%, the Lyxor L/S Equity Market Neutral Tracker index was down 5.94% and the Lyxor Hedge Funds Tracker index -1.02%. Furthermore, the BlackRock UK Equity Hedge Fund was down 0.49%, the Melchior European Fund was down 3.43%, the BlackRock Eos Equity Market Neutral Fund was up 0.72%, the Sabre Style Arbitrage Fund down 0.03%, the Old Mutual Global Statistical Arbitrage Fund down 1.46%, the Marshall Wace Tops European Fund up 1.04% and the Martin Currie Europe Fund up 1.90%.

Otherwise, the Newedge CTA Index is down 0.74% MTD (through to Sept. 30th) and down 2.46% YTD. And the HFRX EH: Quantitative Directional Index is up 4.91% YTD (to end-August).

Andreani's managed account runs a ......................

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. Studies - Hedge funds’ study reveals vast disparity in types of investors securing side letter arrangements, Cambridge: Look to private investments for best access to LatAm growth[more]

    Hedge funds’ study reveals vast disparity in types of investors securing side letter arrangements A new study of the hedge fund space by industry law firm Seward & Kissel LLP reveals a wealth of information regarding established hedge fund managers’ use of side letters—special agreements

  2. Activist News - Caesars 'optimistic' on deal with hedge fund creditors[more]

    From Reuters.com: Caesars Entertainment Corp said on Monday it remains "optimistic" of reaching a $5 billion deal with the bulk of its creditors to push its main operating unit out of bankruptcy, but one hedge fund bondholder said it will pursue litigation. Caesars offered a sweetened $5 billion set

  3. Hedge funds recover from losses as central banks give markets a respite[more]

    Komfie Manalo, Opalesque Asia: The Lyxor Hedge Fund index was up 0.4% from the week ending September 20 (-2.4% YTD), supported by the willingness of central banks to remain accommodative, Lyxor Asset Management said in its weekly briefing. It ad

  4. Perry Capital closing flagship fund after almost three decades[more]

    From Blooomberg.com: Richard Perry, one of the biggest names in hedge funds, is calling it quits after 28 years. Perry, 61, is winding down his New York-based flagship fund as the industry confronts one of the most tumultuous periods in its history. In a letter to investors Monday, he said his style

  5. Eden Rock buys Gottex stake in ERG Asset Management[more]

    Matthias Knab, Opalesque: Eden Rock Group announced the purchase of Gottex’s stake in ERG Asset Management and so the firm is now wholly owned by Eden Rock. The two firms established the joint venture in 2011 to focus on providing cost effective solutions to funds holding illiquid investments, as