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The November 2007 return estimate for the Ferrell Concert Fund of Hedge
Funds (Concert 6) is -2.29%, bringing 2007 YTD performance to 15.44%, according to an investor communication obtained by Opalesque. Greenwich, Connecticut based Ferrell Capital Management (FCM) is headed by Bill Ferrell. Ferrell Concert Ltd. is an offshore,
controlled-volatility fund
invested in over 60 hedge funds in
nine different strategy buckets.
The investment objective is to
maximize risk-adjusted returns in
all market conditions. Concert 2
(the Master Fund, 8.87%), Concert 4 (11.69%) and
Concert 6 (15.44%) are managed to a target
standard deviations of 2%, 4% and
6%, respectively, based upon the
risk and return objectives of
individual investors.
Ferrell says that as an Alpha
generator, Concert may be used
as an investment alternative to
enhance cash, fixed income or
equity performance. Risk consistency
and low correlation to
equity and fixed income indices would
make the program ideal for
Portable Alpha applications.
According to Ferrell Capital, the firm has developed many
of the currently recognized risk
allocation and budgeting methodologies since inception in 1988
and advised many blue chip
institutions on their practical application
to portfolio management.
FCM would combine financial engineering
and risk management expertise with an "extraordinary pipeline of hedge
fund research to actively manage
the Ferrell Concert program.
At FCM, managing allocations
to strategy types and i...................... To view our full article Click here
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