Sat, Feb 28, 2015
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
New Managers March 2012

Editorial
NewManagers March 2012 - Opalesque's Emerging Managers Monitor

Benedicte Gravrand

Welcome to the March 2012 issue of New Managers, Opalesque's monthly monitor of emerging hedge fund managers.

In Statistics, Peter Urbani demonstrates that the Opalesque Emanagers Index (February results on page 3) is highly suitable as a benchmark, because it can be easily replicated with a low tracking error. He goes on to highlight some of the main contributors to the recreated Index's risk and return characteristics through a risk decomposition.

The view that it might be best to leave the emerging manager selection, checking and monitoring to a specialist, such as a fund of funds or a multi-manager programme for example, came to us from different corners this month.

Lisa Fridman of PAAMCO and William Benjamin of HSBC, both part of a FoF management team, talk to Opalesque about their preferences and procedures, while we look at the latest Citi Finance report on early investors in detail in Focus. Hedge fund research expert Katherine Hill tells Opalesque what investors really look for in emerging managers in Q&A. Several analysts recommend bucking the trend of investing in well-known names and instead investing in multi-manager programmes of emerging managers, as there are good chances that the latter might provide outperformance in their early years in The Analytical View.

In Profiles, meet the managers of Acacia's long/short equity fund, Coherence's future fixed income hedge fund, and Noblesse Oblige's forex managed account.

I hope you enjoy our third issue of New Managers.

Please, do contact me if you have any related news.

Benedicte Gravrand......................

To view our full article please login

This article was published in Opalesque's New Managers a top-down monthly analysis, news and research publication on the global emerging manager space.
New Managers
New Managers
New Managers

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. Investing - Seth Klarman of Baupost outlines his investment process as major stock market indices are stretched, Myriad hedge fund sold bulk of its Alibaba stake last year[more]

    Seth Klarman of Baupost outlines his investment process as major stock market indices are stretched From Valuewalk.com: As hedge fund manager Seth Klarman, leader of the $28 billion Baupost Group, reviews 2014 performance and considers investors gained near 7 percent on the year, he cons

  2. Adamas Asset Management and Ping An Insurance to co-manage $500m debt fund[more]

    Komfie Manalo, Opalesque Asia: Hong Kong-based Adamas Asset Management and Ping An Insurance Group, one of China’s largest financial institutions, have finalized a memorandum of und

  3. Opalesque Exclusive: dbSelect’s top ten FX strategies average almost 10% in January[more]

    Benedicte Gravrand, Opalesque Geneva: In one of Deutsche Asset & Wealth Management (AWM)’s hedge fund platforms, called dbSelect, a number of FX Strategies did very well in January. dbSelect is a managed investment platform for unf

  4. Opalesque Exclusive: SEC’s Mark J. Flannery warns hedge funds against valuation misconduct[more]

    Komfie Manalo, Opalesque Asia: Securities and Exchange Commission chief economist and director of Division of Economic and Risk Analysis (DERA) Mark J. Flannery has warned of the risks posed by market misconduct, particularly in the true valuation of assets by hedge fund managers. In his

  5. Dymon Asia's $3bn macro hedge fund lost 10.45% in January[more]

    From Reuters.com: Dymon Asia's $3.1 billion macro hedge fund lost 10.45 percent in January, performance data seen by Reuters showed, a month where many peers lost heavily after a surprise rise in the Swiss franc. Singapore-based Dymon, set up by Danny Yong, a former founding partner and chie