Wed, Mar 29, 2017
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: FS Investments launches energy fund[more]

    Bailey McCann, Opalesque New York: $19 billion Philadelphia-based FS Investments has launched a new interval fund which will invest in energy. The FS Energy Total Return Fund is the firm's first closed-end interval fund and will invest opportunistically in energy companies and assets. FS

  2. Hedge fund liquidations in 2016 surpass 2009 levels, new launches decline[more]

    Benedicte Gravrand, Opalesque Geneva: Even as the hedge fund industry's total assets exceeded the $3tln milestone last year, hedge fund liquidations increased. So much so that 2016 had the highest number of liquidations since 2008, claims the latest HFR Market Microstructure Report, re

  3. Hedge funds find no joy in macro as returns lag Trump rally[more]

    From Gulfnews.com: In 2017, macro hedge funds were expected to shine. So far? Not so much. It's been a far from impressive first two months for funds that trade around macroeconomic events. Discretionary funds rose just 0.3 per cent through February, according to Hedge Fund Research Inc., while the

  4. Strategies - Billionaire investor Marc Lasry shares how he's playing markets right now, Classic models are failing FX hedge funds desperate for return[more]

    Billionaire investor Marc Lasry shares how he's playing markets right now From CNBC.com: Buy on the prospect of deregulation. Sell on the enactment of deregulation. That's the strategy that billionaire investor Marc Lasry is implementing, according to an interview with CNBC in Las Vegas

  5. Opalesque Exclusive: Aberdeen makes the case for the lower mid-market[more]

    Bailey McCann, Opalesque New York: Aberdeen Asset Management has released a new paper focused on lower mid-market private equity. According to the paper, this segment of the private equity market is gaining popularity with private equity investors that are looking for multiple expansion and less