Thu, Nov 27, 2014
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Industry Updates

Pan Multi Strategy returns +10.73% annualized to investors for two decades running

Friday, February 18, 2011
Opalesque Industry Update – Pan Multi Strategy, launched in 1991 by Amanda Haynes-Dale announced in correspondence to investors that the firm’s cumulative returns through December 2010 stood at +667% (annualized at +10.73% for a 20 year run). “An initial investment of $1m at inception on January 1, 1991 would be worth $7.677m”.

Following is an excerpt from the letter:

“Investing in hedge funds is very different today than when Pan Multi Strategy, L.P. launched in 1991. The number and complexity of hedge fund strategies has increased dramatically, the regulatory environment has grown more onerous, and most importantly, financial market dynamics have changed. During this time many of our competitors have come and gone for a variety of reasons. In contrast, we have strengthened our firm. As previously communicated, our team has expanded with the addition of my partners Justin Lowe and W. Trevor Uhl. We have enhanced our infrastructure and client reporting to better meet our investors’ needs, while remaining focused on our repeatable investment process and remaining true to our core principles. Moving forward, we will continue to treat our investors as partners in our business and remain accessible to them. “

Source

kb

What do you think?

   Use "anonymous" as my name    |   Alert me via email on new comments   |   
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. Unlucky Paulson & Co. rebrands $1.6bn Recovery Fund after 13% drop[more]

    From Businessweek.com: A maturing U.S. economic recovery is prompting Paulson & Co. to change course. The $19 billion hedge fund firm, led by billionaire John Paulson, told investors on a conference call this month that the Paulson Recovery Fund will be renamed Paulson Special Situations Fund on Jan

  2. Opalesque Roundtable: Islamic Finance races ahead with Sukuk, the first managed account platform, and foreign demand[more]

    Komfie Manalo, Opalesque Asia: A number of developments took place within Islamic finance in the past years, including the launch of a Islamic managed account platform and the further growth of the sukuk space that saw this instrument evolve from being a type of an ABS security that was rarely

  3. CTAs , event-driven strategies lead hedge funds recovery in mid-November[more]

    Komfie Manalo, Opalesque Asia: November’s performance proves to be in sharp contrast to the previous month, with equities further consolidating their upswing last week, according to the latest Lyxor Asset Management’s Weekly Brief. CTA funds als

  4. Fund Profile - A complex hedge fund strategy works for United Technologies[more]

    From Institutionalinvestor.com: Reports that portable alpha is dead have been greatly exaggerated, as Mark Twain might have phrased it. Another Connecticut Yankee, giant United Technologies Corp., is gearing up to grow its successful, nearly decade-long portable-alpha program. The UTC strategy took

  5. Opalesque Exclusive: The unintended consequences of Basel III[more]

    Benedicte Gravrand, Opalesque Geneva: Bijesh Amin, co-founder and managing director of Indus Valley Partners (IVP), a technology solutions and services firm focused on the alternative asset management industry, has recently observed