Wed, Mar 3, 2021
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Alternative Market Briefing

Revisiting the Corona Fighters (2)

Tuesday, January 19, 2021

B. G., Opalesque Geneva:

We revisit some of the original Corona Fighters - hedge funds and alternative asset managers who successfully protected assets and outperformed the markets in early 2020 - and see how they did at the end of the year.

The Canadian multi-strategy fund

The Auspice Diversified Fund added 6.73% to cap 2020 performance up 18.46%. Notably, the fund not only outperformed most global equity benchmarks, it did with negative correlation, -0.41% to the S&P500 which was up 18.00% - illustrative of both the protective and absolute return benefits.

"We anticipate the 2021 environment could be ideal for both of these elements as stock markets and volatility remain high," said the managers. "The outperformance to the benchmark BTOP50 CTA index closed over 13%."

The fund, which is Canada-based Auspice's flagship, is a multi-strategy liquid alternative strategy that invests in a broad spectrum of global financial and commodity markets. Using a disciplined rules-based investment process, and drawing from the Auspice eBeta™ Building Blocks, the strategy aims to capture dominant trends long and short, agnostic to market direction and popular consensus. It featured in Corona Fighters Report 2.

The Australian long/short equity fund

The ......................

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. PE/VC: VC fund investors not raising alarms over SPAC trend, Asian private equity investors focus on business transformation[more]

    VC fund investors not raising alarms over SPAC trend From Axios: Venture capital firms, formed to invest in startups, are increasingly becoming sponsors of SPACs, blank-check companies that bring later-stage businesses into the public markets. It's significant strategy creep, but so fa

  2. PE/VC: Private equity may face return of attention-getting SEC fines under Gensler, VC firms are launching SPACs, Blackstone's Perry says private equity must do more on diversity[more]

    Private equity may face return of attention-getting SEC fines under Gensler From WSJ: The largest U.S. financial regulator has turned its focus away from private equity in recent years, but new agency leadership could mean tougher enforcement and heavier fines for buyout firms, attorneys

  3. SPAC and ESG fads are on collision course with billions at stake[more]

    From Bloomberg: Two of the hottest equity market trends are headed for a clash as some ESG investors are having second thoughts about blank-check firms that have flooded the market. Early signs show that money managers wedded to environmental, social and governance themes are reluctant to buy in

  4. SPACs: Casdin, Corvex are on a SPAC tear, Carvana becomes the darling of hedge funds, YieldStreet explores creating a SPAC of its own, SPAC wave stirs IPO competition[more]

    Casdin, Corvex are on a SPAC tear From Institutional Investor: Casdin Capital and Corvex Management are the latest serial blank-check sponsors.The two hedge fund firms filed plans for their third special purpose acquisition company, or SPAC, just two days after pricing their second one a

  5. Opalesque Exclusive: ESG factors reflect very serious changes on how dollars will be invested in the future[more]

    B. G., Opalesque Geneva: As reported yesterday, credit rating and research company