Thu, Mar 28, 2024
A A A
Welcome Guest
Free Trial RSS pod
Get FREE trial access to our award winning publications
New Managers March 2012

Editorial
NewManagers March 2012 - Opalesque's Emerging Managers Monitor

 

Benedicte Gravrand

Welcome to the March 2012 issue of New Managers, Opalesque's monthly monitor of emerging hedge fund managers.

In Statistics, Peter Urbani demonstrates that the Opalesque Emanagers Index (February results on page 3) is highly suitable as a benchmark, because it can be easily replicated with a low tracking error. He goes on to highlight some of the main contributors to the recreated Index's risk and return characteristics through a risk decomposition.

The view that it might be best to leave the emerging manager selection, checking and monitoring to a specialist, such as a fund of funds or a multi-manager programme for example, came to us from different corners this month.

Lisa Fridman of PAAMCO and William Benjamin of HSBC, both part of a FoF management team, talk to Opalesque about their preferences and procedures, while we look at the latest Citi Finance report on early investors in detail in Focus. Hedge fund research expert Katherine Hill tells Opalesque what investors really look for in emerging managers in Q&A. Several analysts recommend bucking the trend of investing in well-known names and instead investing in multi-manager programmes of emerging managers, as there are good chances that the latter might provide outperformance in their early years in The Analytical View.

In Profiles, meet the managers of Acacia's long/short equity fund, Coherence's future fixed income hedge fund, and Noblesse Oblige's forex managed account.

I hope you enjoy our third issue of New Managers.

Please, do contact me if you have any related news.

Benedicte Gravrand......................

To view our full article please login

This article was published in Opalesque's New Managers a top-down monthly analysis, news and research publication on the global emerging manager space.
New Managers
New Managers
New Managers

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