Fri, Apr 19, 2024
A A A
Welcome Guest
Free Trial RSS pod
Get FREE trial access to our award winning publications
Alternative Market Briefing

Salus Alpha Special Situation Fund delivers strong returns

Monday, March 03, 2014

Komfie Manalo, Opalesque Asia:

The Salus Alpha RN Special Situations fund delivered positive returns during the month of January generating +1.90% in returns and outperforming major peers by a positive margin of 1.35% on average during the month.

The strong start ranked Salus Alpha RN Special Situation fund 2nd out of 19 listed in the Exane Report "Absolute Return UCITS Fund Performances – February 2014" under Event Driven UCITS.

Salus Alpha Capital CEO and CIO Oliver Prock commented, "Our fund seems to repeat the January stint in February and in the coming months because our approach is unique and able to generate positive returns in all environments, since it combines an opportunistic core portfolio of selected, fundamentally attractively valued top companies with positions in short / medium - termed special situations. The fund also targets to achieve an absolute return independent of the development of the overall equity market."

The Salus Alpha RN Special Situations fund also enjoyed positive performance in 2013 contrary to most UCITS and was able to successfully withstand the major corrections in the equity markets taking advantage of volatility resulted from weak fundamentals across the globe.

Market sentiment weakened further towards the end of January, as the Federal Reserve announced another round of tapering which raised concerns regarding the health of 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. 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