Sun, Apr 5, 2020
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Alternative Market Briefing

Little-known hedge funds outperform giants this year

Tuesday, December 23, 2014

Komfie Manalo, Opalesque Asia:

Little-known hedge funds provided the biggest gains in 2014, beating their much larger giant counterparts, according to research firm Simplify.

Mumbai-based Hiren Ved's $53m long-short equity fund Alchemy Capital Management registered the highest returns at 63% through November. Next came two San Francisco-based funds: Oleg Nodelman's $206m long-short equity fund EcoR1 Capital Fund gained 62.25% while Kurt von Emster and Behzad Aghazadeh's $182m venBio Select Fund expanded 61.8% during the same period, according to the report.

Other small and least-known players who made it to Simplify’s top list include Paul Mulvaney's $198m Mulvaney Global Diversified Program (+53%) and Darren Upton's $660m ISAM Systematic Fund (+48%). However, one big player made it on the top list as well: William Ackman's $18bn Pershing Square Capital Management surged 38.6% for one of its portfolios with exposure to Allergan Inc.

Simplify founder Brian Shapiro said the top performing hedge funds were mostly stock pickers, activists and those who rely on computer models for trading. He said, "There isn't one unifying theme to this year's top performing funds. But big or small, these guys really earned their fees this year."

A ......................

To view our full article Click here

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: Ray Dalio's Bridgewater scales down European short bets after $3.2bn windfall, Here's what top hedge funds are buying in the coronavirus stock market crash[more]

    Ray Dalio's Bridgewater scales down European short bets after $3.2bn windfall From Financial News: Bridgewater Associates, the world's biggest hedge fund, has retreated from shorting European stocks after making an estimated €2.9bn ($3.2bn), as its founder and co-chairman Ray Dalio c

  2. Bill Ackman writes letter to shareholders on coronavirus[more]

    Pershing Square Holdings (PSH)'s Bill Ackman wrote a letter to investors outlining his insight on the coronavirus pandemic in the United States. He revealed that PSH completed the process of exiting the hedges on 23 March, netting a gross $2.1bn for PSH, after turning 'increasingly positive on equit

  3. New Launches: LGPS Central sets up investment grade bond fund, Leeds Equity Advisors aims to raise $1bn for PE fund, RLI Investors to launch European last-mile logistics fund, DBL Partners IV targets $450m[more]

    LGPS Central sets up investment grade bond fund From IPE: LGPS Central, the asset pooling vehicle for eight local government pension schemes (LGPS) based in England's Midlands, has launched a global investment grade corporate bond fund in order to meet its partner funds' needs. The po

  4. Investing: Marathon sees cheap assets amid dislocation in credit, Deerfield's health care buying spree, It's time to buy shares again, says BlackRock, Credit Suisse, Fed is buying credit ETFs but one hedge fund is shorting them[more]

    Marathon sees cheap assets amid dislocation in credit From Bloomberg: Distressed-investment specialist Marathon Asset Management is buying beaten-up debt amid the greatest dislocation in credit markets since 2008, according to Bruce Richards, co-founder and chief investment officer of the

  5. People: Carlyle picks 2 deputy heads for Japan buyout advisory team, Ex-Kleinwort Hambros adviser takes senior role at multi-family office boutique[more]

    Carlyle picks 2 deputy heads for Japan buyout advisory team From PIonline.com: Takaomi Tomioka and Hiroyuki Otsuka were named deputy heads of the Japan buyout advisory team at Carlyle Group. The positions are new, confirmed a spokeswoman for the New York-based private markets investment g