Mon, Jun 29, 2026
A A A
Welcome Guest
Free Trial RSS pod
Get FREE trial access to our award winning publications
Alternative Market Briefing

Magnum event driven fund outperforms benchmarks with 17.76% gains YTD

Wednesday, September 19, 2012

From Komfie Manalo, Opalesque Asia:

Bahamas-based Magnum BGM Select Opportunities Fund (CSOF) outperformed all its benchmarks by a "considerable margin" in August 2012 by maintaining the portfolio it has built for several years.

In its monthly report to investors, Greg Bortz said that the fund returned +3.07% in August (Class A) and +17.76% YTD, against the S&P 500 which gained +1.98% (+11.85% YTD) and the MSCI World at +2.29% (+8.17% YTD). This share class has returned 57% since its Nov.’08 inception. Mr. Bortz co-founded CREO, the Lost-Angeles-based financial group that runs the fund, and leads its investment management business. U.S.-based asset manager Magnum Funds represents the fund.

CSOF is an opportunistic long/short fund which embraces an event-driven, multi-disciplined strategy to identify pricing anomalies in publicly traded securities.

The Hennessee Arbitrage/Event Driven Index advanced +1.05% (+5.30% YTD) in August.

Bortz said, "We continue to analyze our investments to ensure that the fundamental theses remain intact and that the......................

To view our full article Click here

Previous Opalesque Exclusives                                  
Previous Other Voices                                               
Access Alternative Market Briefing

 



  • Top Forwarded
  • Top Tracked
  • Top Searched
  1. Other Voices: Nvidia extraordinary growth and the challenge of sustaining demanding valuations over time[more]

    Antonio Di Giacomo, Senior Market Analyst at XS.com, writes: Nvidia has established itself as one of the most extraordinary growth companies in the global technology sector. Over the past two fiscal years, its revenues have risen from levels close to $60 billion annually to well above $120 billi

  2. Secondaries take center stage: What the 2026 PE landscape means for GPs and investors[more]

    Matthias Knab, Opalesque for New Managers: The 2026 edition of Dechert's Global Private Equity Outlook - "Signs of a Gradual Thaw" - marks a notable shift in industry sentiment. After years of compr

  3. And, finally: Time to share it with the people[more]

    From Newsoftheweird: Leavenworth, Washington, has become a tourist destination because of the Bavarian theme businesses have adopted there, NPR reported. One shop, the Leavenworth Nutcracker Museum, houses the world's largest nutcracker collection, thanks to 101-year-old Arlene Wagner. Wagner sta

  4. Opalesque Exclusive: Private Markets Evergreen Funds - An Insider's View[more]

    Matthias Knab, Opalesque for New Managers: Private Markets Evergreen Funds: What Investors Need to Know Before They Dive In The democratization of private markets is well underway. Structural barriers t

  5. Opalesque Exclusive: Governance, Scale, and Boutique Resilience in a Consolidating Hedge Fund Industry[more]

    Matthias Knab, Opalesque for New Managers: The hedge fund industry has undergone significant consolidation in recent years, with capital increasingly concentrated among large multi-strategy platforms. Yet boutique m