Wed, Jul 1, 2015
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Alternative Market Briefing

Andreani quant program returns 4.5% since June inception

Monday, January 13, 2014

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

Andreani & Associés’s quantitative long/short equity program, the QLSII COPS returned 4.53% (net of fees) from its June 3rd, 2013 inception through to December 31st, 2013, with an annualized volatility of 5.45% and an annualized return of 9.06%. The QLSII COPS is the unleveraged version of the program and currently a managed account on Interactive Brokers.

Alexandre Andreani, CEO and CIO of the boutique located near Geneva, supplied Opalesque with some index and fund returns covering the same seven-month period for the sake of comparison:

- The Lyxor L/S Equity Market Neutral Tracker PC-Class EUR is down -1.94%, with annualized volatility (vol) of 5.25%; - The Lyxor L/S Equity Variable Bias PC_Class EUR is up 4.16%, with 6.47% vol; - The GLG European Opportunity Fund is down -0.94%, with 7.42% vol; - The Jupiter Europa Hedge Fund is up 1.12%, with 8.50% vol; - The Zebra Global Liquidity Arbitrage Fund is up 2.12%, with 5.35% vol; - The Henderson AlphaGen Octanis Fund is up 5.87%, with 5.80% vol; - The Marshall Wace Tops European Fund is up 6.97%, with 8.03% vol; - And the Martin Currie Europe Fund is up 7.25%, with 7.68% vol.

Mr. Andreani reports that from June to December, the portfolio’s best performers were Auto stocks (+21%), Financials (+17%), and Technology (+18%). The Construction, Basic Resources and Insurance sectors did quite well too.

The manager als......................

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. Opalesque Exclusive: New systematic strategy managed alongside research firm outperforms S&P500[more]

    Benedicte Gravrand, Opalesque Geneva for New Managers: An emerging CTA manager explains how he runs his strategy, which is based on an index produced by a research firm. Peter Turk is head of

  2. Larry Robbins' hedge fund Glenview buys 1m Tenet Healthcare shares[more]

    Komfie Manalo, Opalesque Asia: Glenview Capital Management said it bought an additional 979,482 shares at Tenet Healthcare Corp valued at $53.80 million, raising its stakes in the healthcare services company to 15.16%, reported

  3. Hedge funds panic over Greece[more]

    Komfie Manalo, Opalesque Asia: Some investors are in panic mode as Greek Prime Minister Alexis Tsipras announced Sunday night that the banks and the stock market would be closed Monday, said

  4. Alternative investment industry could grow to $13.6tln in five years[more]

    Komfie Manalo, Opalesque Asia: Leading auditing and advisory group PwC said that the global alternative investment industry, which includes hedge funds, private equity and real assets, is set to increase to $13.6tln within the next five years. "Be

  5. Qbasis gets $200m-plus investment in 'black swan' hedge fund[more]

    From Reuters.com: A hedge fund that more than doubled clients' money during the 2008 financial crisis has attracted more than $200 million from an investor aiming to cash in on fresh ructions in global markets. Qbasis Invest has secured the investment from Britain's Omada Capital, Florian Wagner, wh

 

banner