Tue, May 26, 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. Comment - Top hedge fund managers talk about how easy their jobs have gotten, BlackRock to Schroders warn of Argentina’s $20bn bond glut, The 35-year “investment supercycle” is drawing to a close, says Bill Gross, Gundlach: When the Fed starts hiking rates, 'GET OUT' of this asset class[more]

    Top hedge fund managers talk about how easy their jobs have gotten From Businessinsider.com.au: Time was, before the financial crisis hit, corporate boards treated multi-billion dollar hedge fund managers like Jehovah’s Witnesses pounding on their doors and flashing bibles. But no more.

  2. T Rowe's challenge to Dell deal may fuel critics of 'appraisal'[more]

    From Reuters.com: An increasingly popular tactic used by hedge funds and others to extract more money from buyouts could soon face a major courtroom test when a big investor in Dell Inc may argue that it should be paid a higher price for the 2013 acquisition of the PC maker. The strategy, known as "

  3. News Briefs - Ergen says LightSquared plan unfairly favors hedge funds, Why hedge fund managers make good advisory clients, I learned a lot about dad-bros after spending 4 days in Vegas with 2,000 hedge funders[more]

    Ergen says LightSquared plan unfairly favors hedge funds LightSquared Inc.’s bankruptcy plan gives hedge funds that invested in the broadband company a leg up while blocking telecommunications firms from competing with it, a fund owned by Dish Network Corp. Chairman Charles Ergen said in

  4. Opalesque Exclusive: SEC approves proposed changes to Form ADV, '40 Act - comment period to follow[more]

    Bailey McCann, Opalesque New York: Hedge funds and providers of liquid alternatives will want to pay close attention to proposed reforms approved by the SEC yesterday. The changes will require more frequent reporting, as well as a closer look into social media, liquid alternative strategies, and

  5. Opalesque Exclusive: Ovation Partners targets opportunities where few "natural lenders" participate[more]

    Benedicte Gravrand, Opalesque Geneva for New Managers: Changes in financial regulations post-2008 (Dodd-Frank and Basel III) are forcing banks to significantly alter their core lending businesses. And as mid-sized

 

banner