Fri, May 24, 2013
A A A
Welcome Guest
Free Trial RSS
New! Family Office and Investor Database with 11,750 contacts
Industry Updates

Hedge fund Galbraith Capital gains +3.40% in May

Thursday, June 16, 2011
Opalesque Industry Update – Florida-based Galbraith Capital has returned +3.40% in May, the month it first began live trading on the HFR managed account platform. The managed account is a 1.5x leveraged version of the firm’s flagship fund, the Galbraith Global Strategies Fund (GGS). The flagship fund is an opportunistic equity arbitrage strategy that invests in over 25 global markets. According to correspondence with investors when 1.5x leverage is figured into the back performance of the flagship fund, which was launched in September 2006, the strategy has returned annualized returns of +16.68% since inception and has averaged almost 75% in positive monthly performance. YTD the strategy has returned +4.28%.

The firm also runs $180min assets and also manages a short-term mean reversion strategy that is market, dollar and sector neutral called The Galbraith Systematic Arbitrage Fund.

kb

Article link

What do you think?
   Use "anonymous" as my name    |   Alert me via email on new comments   |   
Banner
Today's Exclusives Today's Other Voices Banner More Exclusives
Previous Opalesque Exclusives                                  
More Other Voices
Previous Other Voices                                               
Access Alternative Market Briefing
  • Top Forwarded
  • Top Tracked
  • Top Searched
  1. Opalesque Exclusive: Endurance Series Trust launches first mutual fund, multi-series trust[more]

    Bailey McCann, Opalesque New York: Endurance Series Trust, a multi-series trust, is launching with Gator Capital Management, LLC as the adviser for the Trust’s first mutual fund series. Endurance Fund Services, LLC, an independently owned and operated fund administration company will serve as t

  2. Morgan Creek Capital Management to acquire Signet Capital Management[more]

    Bailey McCann, Opalesque New York: Investment firm Morgan Creek Capital Management has acquired Signet Capital Management a UK-based credit fund of funds with $700M in assets under management. Under the agreement, Signet will contribute its funds and senior investment management team to Morgan Creek

  3. North America – Students are launching hedge funds on colleges across America[more]

    From Valuewalk.com: …From Cornell, whose student-run hedge fund beat Wall Street returns to the University of Michigan, which allows its students to manage as much as $250,000, student hedge fund are becoming a more prominent part of financial education. Their success has attracted the attention of

  4. Comment – Can hedge funds survive Bernanke?[more]

    From Bloomberg.com: …The biggest reason for the market tranquility might be the Federal Reserve's repeated assurances that it will maintain zero interest rates and provide monetary stimulus until the economy recovers, and unemployment ebbs. That may just account for the recent flurry of storie

  5. Is investing in art holding up?: Whilst there is a huge degree of instability worldwide, top works will sell well in 2009. Works that are not fresh to the market or works that have been heavily speculated on will see a 20% to 40% drop in prices. But really rare pieces will sell well.
Click here for More about Opalesque Tracking
- A new, unique Premium Service -
  1. Penrich
  2. MS
  3. MGH
  4. NZARA
  5. 36 South
  1. managed account
  2. man group
  3. Ucits
  4. asian hedge fund
  5. launch