Thu, Jul 27, 2017
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Alternative Market Briefing

Qbasis bucks the downward trend in managed futures with positive July performance

Thursday, August 21, 2014

Bailey McCann, Opalesque New York:

Austria-based Qbasis Invest, a managed futures fund focused on trend following and an intraday strategy posted another month of positive returns despite a down month for managed futures funds as a group. The iTrend flagship program was up +8.41% in July, following June's positive performance of +1.63%, according to performance documents obtained by Opalesque.

The iTrend index product which follows the broad strategy of the iTrend Fund was also up (gross): +23.76%.

The firm also manages an equity long/short strategy which posted gains of +3.77%. The product was launched late last year.

Qbasis said in a first half update that the firm's performance was supported by implementing strategy enhancements last year including "V-protection and Vol-protection models" that mitigate against V-shaped reversals and periods of declining volatility respectively.

"We've seen this time and time again this year where we've protected capital on days where even the very conservative industry benchmark has fallen more than our NAV," Qbasis CEO Philipp Pölzl wrote in a performance note at the time.

Managed futures funds as a cohort have faced difficulties in the recent market environment. Asset flows to the cohort have been negative for several months, alongside tepid performance. Managed futures funds saw outflows of $11.5 billion as of July, according to data from Eurkeahedge. All managed futures indices calculated by Ne......................

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. Launches - Bitcoin hedge fund launches ethereum-subscribed ICO investment vehicle, Jersey players institutionalize first regulated crypto-currency hedge fund[more]

    Bitcoin hedge fund launches ethereum-subscribed ICO investment vehicle From Coindesk.com: The operators of a regulated, Jersey-based bitcoin hedge fund have officially closed a new $5 million fund aimed at investing in cryptocurrency tokens and initial coin offerings (ICOs). Backed by fun

  2. SWFs - China Wealth fund backs TPG lender as part of U.S. property push[more]

    From Bloomberg.com: China Investment Corp., the sovereign wealth fund that controls $814 billion in assets, is betting on U.S. real estate by investing in a commercial real estate lender formed by the money management firm TPG. In conjunction with last week's initial public offering of TPG RE Financ

  3. Months to minutes: Enigma launch aims to boost crypto hedge fund creation[more]

    From Coindesk.com: What if starting a hedge fund was as easy as downloading an API? A startup incubated at MIT Media Lab is today revealing a product designed with this ease-of-use in mind. Called Catalyst, the first product offering by blockchain startup Enigma aims to trigger nothing short of an e

  4. North America - Hedge funds disclose their Puerto Rico debt holdings, US dominates new money portion of Greece's debt sale[more]

    Hedge funds disclose their Puerto Rico debt holdings From Reuters.com: A group of hedge funds that hold about $3 billion of Puerto Rico sales-tax-backed debt released a court filing late on Tuesday that revealed how much of the total amount each fund manages. Decagon Holdings LLC,

  5. $25 million cryptocurrency fund launches to capitalize on the "internet of the future"[more]

    From Coindesk.com: General Crypto, a $25 million cryptocurrency hedge fund, has launched to provide high net worth investors with liquid exposure to the cryptocurrency market and digital assets that they believe could run the technological infrastructure of the future. Since the start of 2017, the t