Wed, Jul 22, 2026
A A A
Welcome Guest
Free Trial RSS pod
Get FREE trial access to our award winning publications
Alternative Market Briefing

Machine learning behind Aussie hedge fund's solid outperformance

Monday, January 29, 2018

Komfie Manalo, Opalesque Asia:

Goldsky Asset Management, an Australia-based hedge fund specializing in quantmental and behavioral science focused global equity investing, is reporting a perfect year in 2017 with positive gains every month. Goldsky's Global Access Fund capped the year with 24.22% returns, outperforming its benchmarks as the MSCI World Index rose 14.75% in 2017 and the S&P 500 jumped 21.78%.

The solid performance last year extended the hedge fund's winning months to 14 consecutive months of consistent positive gains. The fund is also a constant outperformer with 14.67% and 23.76% returns in 2015 and 2016, leaving its benchmarks trailing during the periods. The MSCI World gained 6.14% in 2015 and 8.36% in 2016, while the S&5 500 reported gains of 4.24% and 11.19% in those years.

Goldsky founder and President Ken Grace attributed the fund's reliable results through their efficient use of machine learning when analyzing news. Goldsky's management principle is grounded on the belief that superior long-term results can be achieved by systematically exploiting information that is not obvious.

He stated, "Many features of news-based information make it especially appealing. Real-time news, though less structured than conventional fundamental valuation measures, usually encodes the first clues of major changes affecting a company. You could, for example, use news fragments to build statistical foreca......................

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