Fri, Mar 29, 2024
A A A
Welcome Guest
Free Trial RSS pod
Get FREE trial access to our award winning publications
Alternative Market Briefing Weekly

Opalesque Roundup: Global hedge funds were up 9.31% in 2021: hedge fund news, week 04

Saturday, January 29, 2022

In the week ending January 28th 2022, Eurekahedge said that hedge fund managers ended the month of December up 0.85% on an equal-weighted basis, and up 1.15% on an asset-weighted basis. Market risk sentiment improved over the second half of December after research revealed that the Omicron variant leads to milder disease compared to previous variants and that the efficacy of existing vaccines against severe disease remains high, especially after a third dose is administered. In 2021, global hedge funds were up 9.31%, marking the third consecutive year that the global hedge fund industry has posted annual returns exceeding 9.00%.

In performance news, Honest Partners, a San Francisco-based concentrated, long-term, long-biased fund that invests in high-quality North American small and mid-cap equities, returned 5.6% (net) in 2021, and a total of 99% since its May 2020 inception; A long/short U.S. equity hedge fund that switched from growth stocks to value stocks has reaped profits from this move - The fund generated a net return of 6% in December and almost 39% for 2021. It has annualised 9% since its July 2013 inception - outperforming the respective HFR peer groups by approximately 5.6% to 7% annually; Lodbrok Capital LLP's European Credit Opportunities Fund gained 32% last year thanks to investments on Swiss bakery firm Aryzta AG, U.K. oil services firm Valaris Plc and German industrial property company Deutsche Industrie REIT AG, according to an investor letter, while ValueAct Capital Master Fund posted a 26 percent gain in 2021, according to the firm's fourth-quarter letter obtained by Institutional I......................

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