Wed, Apr 1, 2015
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Industry Updates

Pharos Russia Fund up 7.3% YTD, wins award

Thursday, March 04, 2010
Opalesque Industry Update - Pharos Russia Fund, which is up 7.3%, has annualized 26.1% since 2000, compared to MSCI Russia index at 19% and the MSCI BRIC Index at 12.2%.

Pharos Russia Fund is an absolute return hedge fund focused on securities in Russia and the former Soviet Union. The Fund is the top performing Russia Fund over the past 13 years. The Fund has the possibility of using derivatives or going short, and is positioned with a long bias due to the manager's positive outlook for the Russian market.

Pharos won Best Hedge Fund Manager at the 4th Annual Hedge Funds World Middle East Awards held on March 1st in Dubai. These awards are hosted by Terrapinn as part of their annual Hedge Funds World Middle East Conference. The award was given to the best hedge fund manager based on historical track record, downside protection, 2009 performance and Middle East marketing effort.

Founded in 1997 by American Peter M. Halloran, CEO, with seed money from Soros and CS First Boston, Pharos Financial Group is a specialist emerging markets investor. With offices in Moscow and Dubai, Pharos is an experienced Russian fund managers specializing in the securities markets of Russia and the former Soviet Union. Pharos has consistently outperformed over the past 10 years with nearly double the total return of the market with less than half of its volatility. Website.

See last week’s Opalesque Exclusive: Pharos sees agriculture as strategic asset in 21st century, with high rate of returns and food security Source


Bg

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. Other Voices: Does the hedge fund industry benefit society?[more]

    This article was authored by Don Steinbrugge, Chairman of Agecroft Partners, a US-based global consulting and third party marketing firm for hedge funds. It is no secret that the hedge fund industry is viewed negatively by a la

  2. Opalesque Roundtable: Emerging managers should avoid chasing 'institutional unicorns'[more]

    Bailey McCann, Opalesque New York: For managers looking to raise a new fund after the crisis, marketing efforts will need to be significantly different, according to delegates at the recent Opalesque Texas Roundtable. "Most of the smaller managers come to the whole fund-raising and marketing

  3. Cohen's private investments deliver strong 7.5% gain in Q1[more]

    From Reuters.com: Billionaire Steven A. Cohen's investments gained 7.5 percent in the first three months of 2015, according to a person familiar with the numbers, helping the former hedge fund manager extend his string of market-beating returns. Cohen's Point72 Asset Management, which invests

  4. Hedge fund launches fall again, $1bn funds found to outperform even smaller hedge funds[more]

    Komfie Manalo, Opalesque Asia: The number of new hedge fund launches fell again in 2014, the third consecutive year of decline, while fund liquidations saw their first drop since 2010, according to the latest HFR Market Microstructure Industry Report released by industry data provider HFR. Acc

  5. Opalesque Exclusive: Cyber security and hedge funds: increased awareness, Part One[more]

    Benedicte Gravrand, Opalesque Geneva: If you look at the recent cybersecurity news from Bloomberg, hackers are frightening the people: they steal photos and threaten to expose them, they can break into ATMs, they ha

 

banner