Sun, Dec 21, 2014
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Alternative Market Briefing

Silverhorn’s quantitative relative value fund officially launches, up 6.3% YTD

Wednesday, October 16, 2013

amb
Benedicte Gravrand, Opalesque Geneva:

"The Silverhorn SICAV-SIF Dynamic Relative Value Fund has now officially launched," Jessica McCarroll announced in an e-mail on Friday. "All returns from October onwards will be provided weekly by our administrator, Oppenheim Asset Management Services S.à.r.l."

Jessica McCarroll, who has lived in Asia since 1990, is co-CIO of Siverhorn Advisors, a Hong Kong-based firm active in wealth management, private equity and asset management. She has 25 years experience in the finance industry which includes the co-founding of Lynx Arbitrage, one of Asia's most successful volatility arbitrage funds, in 2004.

Her new fund, the Silverhorn Dynamic Relative Value Fund, utilizes a proprietary model, which has been successfully used since January 2007, to determine when markets are risk on or risk off. The Asia equity relative value portfolio, which exploits anomalies in equity pairs in the Asia Pacific region using a proprietary quantitative stock selection model, extracts pure alpha with net exposure of 0% when risk is on. Immediate re-allocation from equity relative value to cash occurs when risk is off.

The fund returned 18.4% in 2011, 12.3% in 2012, and is up 6.3% YTD (net) after gaining 0.7% in September. According to the fund’s monthly letter, the proprietary risk signal remains risk on, 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. Investing - Big hedge funds win again on PetSmart, Riverbed, RBS sells real estate loans to hedge fund Cerberus, Talisman energy speculation: Which hedge funds could benefit?[more]

    Big hedge funds win again on PetSmart, Riverbed From CNBC.com: Another week, another set of wins for activist investors. On Sunday, pet supply retailer PetSmart agreed to the largest leveraged buyout of the year at $8.7 billion. Hedge fund firm JANA Partners had been pushing for a sale a

  2. Outlook - Hedge fund manager who remembers 1998 rout says prepare for pain, Bond guru Bill Gross predicts U.S. economic growth to dip to 2%[more]

    Hedge fund manager who remembers 1998 rout says prepare for pain From Bloomberg.com: Stephen Jen landed in Hong Kong in early January 1997 as Morgan Stanley’s newly minted exchange-rate strategist for Asia. He was soon working around the clock when investors began targeting the region’s

  3. Investing - Hedge funds get boost from healthcare in 2014, Paulson & Co takes stake in Salix on heels of inventory issues[more]

    Hedge funds get boost from healthcare in 2014 From Valuewalk.com: The healthcare sector started the year on a turbulent note, as stocks of many major biotechnology companies were battered. However, most of the players in this sector have bounced back. The BarclayHedge Healthcare & Biotec

  4. Opalesque Exclusive: U.S. legal receivables fund launched in August[more]

    Benedicte Gravrand, Opalesque Geneva for New Managers: Investing in asset-backed receivables is a strategy that has been an integral part of the alternative investment space within the overall fixed income asset c

  5. Comment - High fees and low performance hit hedge funds[more]

    From FT.com: Disenchantment over high fees and lackluster performance may finally be turning the tide against hedge funds, fresh data suggest. Despite generally weak returns since the global financial crisis, hedge funds have enjoyed positive net inflows every year since 2010. This helped assets und