Thu, Apr 25, 2024
A A A
Welcome Guest
Free Trial RSS pod
Get FREE trial access to our award winning publications
Industry Updates

Finles’ Dutch Hedge Fund Index has tough April, down 1.12% (+2.29% YTD)

Monday, May 21, 2012
Opalesque Industry Update - The Dutch Hedge Fund Index ended April 2012 -1.12% lower. More than the DB (-0,24%) and Lyxor Hedge Fund Indices (-0,02%) for the month but positive for the year (+2.29% Ytd).

April’s performance is a result of the weighting to Long/ Short Equity managers within the Index and more specifically the geographic focus of these managers.

Most managers tend to invest close to home and focus on European companies they know well and have an edge. Macro economic sentiment however punished European bourses hanging Grexit and whatmore. US and Asian markets posted much better numbers in April.

Correlations in Europe between companies and sectors crept back up as shares went down, making it difficult for fundamental stock pickers. Most Long/ Short Equity managers prefer times with more dispersion.

Results: Dutch Hedge Funds

The five best performing Dutch Hedge Funds in April were:
1. Aster-X Panorama Fund ….. +4,70%
2. Saemor Europe Alpha Fund ….. +3,62%
3. DQS Absolute Return Fund ….. +2,40%
4. Aster-X Europe Fund ….. +2,22%
5. Financial Care Fund ….. +1,89%

The five best performing Dutch Hedge Funds Ytd are:
1. Aster-X Panorama Fund ….. +23,29%
2. HiQ Invest Market Neutral Fund ….. +18,68%
3. Aster-X Europe Fund …. +17,71%
4. Tethys Alpheus Fund .... + 8,42%
5. Farringdon Alpha One Fund ..... + 8,21%

Communication from: Finles Capital Management
www.Finles.eu

Bg

What do you think?

   Use "anonymous" as my name    |   Alert me via email on new comments   |   
Previous Opalesque Exclusives                                  
Previous Other Voices                                               
Access Alternative Market Briefing

 



  • Top Forwarded
  • Top Tracked
  • Top Searched
  1. KKR raises $6.4bn for the largest pan-Asia infrastructure fund[more]

    Laxman Pai, Opalesque Asia: The New York-based global investment firm KKR has raised a record $6.4bn for its second Asia-focused infrastructure fund, underlining investors' continued appetite for private markets. According to a media release from the alternative assets manager, the figure top

  2. Bucking the trend, top hedge fund makes plans for a second SPAC[more]

    From Institutional Investor: SPACs aren't dead. At least not to the folks at Cormorant Asset Management. The life sciences firm, whose hedge fund topped its peers in 2023, is confident it will match the success of its first blank-check company. Last week, the life sciences and biopharma speciali

  3. Benefit Street Partners closes fifth fund on $4.7 billion[more]

    Bailey McCann, Opalesque New York: Benefit Street Partners has closed its fifth flagship direct lending vehicle, BSP Debt Fund V, with $4.7 billion of investable capital across the strategy. Benefit Street invests primarily in privately originated, floating rate, senior secured loans. The fun

  4. 4 hedge fund themes that are working in 2024[more]

    From The Street: A poor earnings report from Tesla (TSLA) has not hurt the indexes on Thursday. The decline in Tesla stock, which is losing its position in the Magnificent Seven pantheon, is more than offset by strong earnings from IBM (IBM) and ServiceNow (NOW) . In addition, the much higher-t

  5. Opalesque Exclusive: A global macro fund eyes opportunities in bonds[more]

    Bailey McCann, Opalesque New York for New Managers: Munich-based ThirdYear Capital rebounded in 2023, following a tough year for global macro. The firm's flagship ART Global Macro strategy finished the year up 1