Sat, Apr 18, 2015
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. Studies - Fund managers bullish on equities, alternative asset classes, Hedge funds starting to spurn emerging markets, Insurance companies take aggressive approach to hedge funds despite restricted exposure[more]

    Fund managers bullish on equities, alternative asset classes From Benefitnews.co: Asset allocation and risk continue to be the top issues for institutional investors in 2015 and, while nobody is sure what the economy will do in 2015, investment fund managers remain positive about investm

  2. Investing - New hedge fund strategy: Dispute the patent, short the stock, David Einhorn bets on AerCap as leasing company avoids turbulence, Top hedge funds reveal these best investing ideas, Hedge funds bet big on PetSmart price bump, Victory Park Capital increases investment in upstart to $500m[more]

    New hedge fund strategy: Dispute the patent, short the stock From WSJ.com: A well-known hedge-fund manager is taking a novel approach to making money: filing and publicizing patent challenges against pharmaceutical companies while also betting against their shares. Kyle Bass, head of Hay

  3. Tiger Global falls 2.9% in March, down 5.3% in Q1[more]

    From Reuters.com: Investment firm Tiger Global Management, one of the hedge fund industry's most closely watched players, told clients that its hedge fund lost 5.3 percent during the first quarter, an investor said on Wednesday. Much of the decline came in March when the fund lost 2.9 percent,

  4. It’s not just hedge funds—IMF study finds stability risks from ‘vanilla’ funds[more]

    From MarketWatch.com: Leveraged hedge funds and banklike money-market funds are the parts of the asset-management industry most associated with risks to financial stability. But a report from the International Monetary Fund suggests that “plain-vanilla” mutual funds and exchange-traded funds also ca

  5. Hedge funds gain 2.4% in Q1 driven by currency and commodity markets[more]

    Komfie Manalo, Opalesque Asia: Hedge funds posted positive results last March to conclude a strong first quarter, with performance driven by strong macro trends in currency and commodity markets, complemented by broad-based gains and positioning in event driven, equity hedge and fixed income-b

 

banner