Wed, Oct 18, 2017
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. Regulatory - David Stockman: Trump tax reform overhaul is a pipe dream, stocks are heading for 40-70% plunge, Carried interest tax: How much does it matter?, Odey sees 'terrifying' mix in MiFID, tapering, asset values, Hedge funds come together to share cost of MiFID and research, SEC turns up the heat on U.S. investment advisers, India's Sebi asks hedge funds to report investments in commodity derivatives[more]

    David Stockman: Trump tax reform overhaul is a pipe dream, stocks are heading for 40-70% plunge From CNBC.com: David Stockman is warning about the Trump administration's tax overhaul plan, Federal Reserve policy, saying they could play into a severe stock market sell-off. Stockman, the R

  2. North America - Puerto Rico rejects loan offers, accusing hedge funds of trying to profit off hurricanes[more]

    From TheIintercept.com: Puerto Rico has rejected a bondholder group's offer to issue the territory additional debt as a response to the devastation of Hurricane Maria. Officials with Puerto Rico's Fiscal Agency and Financial Advisory Authority said the offer was "not viable" and would harm the islan

  3. Investing - WPP targeted by short-selling American hedge fund, Sun co-founder sells secretive hedge fund on big chip trade[more]

    WPP targeted by short-selling American hedge fund From Cityam.com: An American hedge fund has mounted a bet against WPP, the world's largest advertising group, with a trade worth almost £90m. Lone Pine Capital has built a short position worth 0.51 per cent of the FTSE 100 company,

  4. Hedge funds up as industry adjusts to rising rates[more]

    Komfie Manalo, Opalesque Asia: Hedge funds have reshuffled their portfolio after nearly four weeks of rising rates as the Lyxor Hedge Fund Index was up +0.2% from 19 September to 26 (+1.1% YTD), fuelled by strong results of global macro funds, Lyxor Ass

  5. Manager Profile - How the world's hedge fund king used 'idea meritocracy' to become a billionaire[more]

    From Forbes.com: In 1982, Ray Dalio made what he calls the biggest mistake of his life. He made a bet that there would be an economic collapse stemming from a debt crisis. And he was wrong. He lost money. He lost his client's money. He had to let people go from his firm and borrow money from his dad