Are Multi-strategy Hedge Funds Really Worth The Higher Fees? It Depends On Whom You Ask
Long/ short equity has long been the most popular hedge fund strategy among investors, but that could be changing. :
Long/ short equity has long been the most popular hedge fund strategy among investors, but that could be changing. After 2022's massive outflows for the strategy and the hedge fund industry overall, multi-strategy funds are catching up to long/ short equity. However, one expert is downplaying the increasing interest in multi-strategy hedge funds, suggesting that he could replicate the average multi-strategy fund using the S&P 500 and cash.
Prime Meridian Wins Hedgeweek Award For Best Credit Hedge Multi-strategy Hedge Fund
Prime Meridian Capital Management - a technology empowered Alternative Credit Manager based in the San Francisco Bay Area - is pleased to announce that the Prime Meridian Income Fund won the Hedgeweek US Awards 2022 for Best Credit Hedge Multi-Strategy Hedge Fund on October 27, 2022. SAN FRANCISCO, Nov. 8, 2022 /PRNewswire-PRWeb/ -- The Fund was nominated by Bloomberg, LP as a finalist along with funds managed by PIMCO and Wasserstein & Co. Bloomberg based its nominations on performance, and then investors, fund managers and service providers voted for the best overall fund.
Hedge Fund Returns Flip Back Into The Green Led By Multi-strategy, Equity Funds
Hedge funds largely in the green On average, hedge funds administered by Citco returned 3% for July, recouping some of their year-to-date losses following weighted average returns of -2.4% for June and -1.1% for May.
Surefire Capital’s Multi-strategy Hedge Fund Achieves +22.1% In April 2022, Outperforming The S&p 500 And Nasdaq-100 Indices | Business Wire
MONTREAL--(BUSINESS WIRE)--SureFire Capital, a family office specializing in alternative investments, founded by Ariel Shlien, delivered strong performance in April-May 2022.
Surefire Capital Achieves +15.6% In October 2021 And +28.4% Annualized Returns In Its Top-ranked Multi-strategy Hedge Fund | Business Wire
MONTREAL--(BUSINESS WIRE)--SureFire Capital debuted its innovative multi-strategy hedge fund structure as the fund achieved a +24% year-to-date 2021 return, +15.6% in October.
Multi-strategy Hedge Fund Brummer Navigates Equities And Energy Upheaval
Multi-strategy hedge fund Brummer navigates equities and energy upheaval
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07/10/2021 - 1:22pm
Swedish asset manager Brummer & Partners’ flagship multi-strategy hedge fund vehicle edged into positive territory in September, as stock market highs earlier in the month rapidly reversed amid renewed volatility, and commodity prices surged higher. The Brummer Multi-Strategy (BMS) vehicle – which comprises nine hedge fund strategies spanning equity, macro, trend-following and more - saw its SEK-denominated share class rise 0.5 per cent last month, and 0.4 per cent in its USD class.
Brummer Multi-strategy Ends August In Red, As Flagship Adds Financials-focused Long/short Hedge Fund
Brummer Multi-Strategy ends August in red, as flagship adds financials-focused long/short hedge fund
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By Hugh Leask | 03/09/2021 - 5:02pm
Brummer & Partners’ flagship multi-strategy vehicle slipped into the red during August, with all but two of its underlying managers posting losses during the month. The slide comes as the Stockholm-based fund began allocating capital to Kersley Financials, a new financials-focused long/short equity strategy, on 1 September. Overall, Brummer Multi-Strategy fell 1.1 per cent last month, a loss which dragged down its year-to-date performance to -0.9 per cent.
Brummer’s Multi-strategy Hedge Fund Flagship Flat For July As Equity Managers Stumble
Brummer’s multi-strategy hedge fund flagship flat for July as equity managers stumble
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By Hugh Leask | 04/08/2021 - 11:15am
Stockholm-based Brummer & Partners’ flagship multi-strategy hedge fund vehicle remains flat for the year after ending July close to zero, with its equities-focused strategies suffering negative performance last month. Brummer Multi-Strategy (BMS) fell 0.1 per cent in July in both its SEK and dollar-denominated classes, with the twice-levered BMS 2xL version down 0.3 per cent in both classes.
Crypto Hedge Fund Argentium Unveils Systematic Multi-strategy Arbitrage Fund
Crypto hedge fund Argentium unveils systematic multi-strategy arbitrage fund
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06/05/2021 - 5:05pm
Argentium Digital Asset Management, a London-based cryptocurrency hedge fund founded by ex-JP Morgan and Credit Suisse manager Paul Frost-Smith, has unveiled a new Cayman-based fund which will formally launch next month. The Argentium Chimera Fund is systematic multi-strategy arbitrage fund which combines three investment strategies borrowed from foreign exchange investing and adapted to tackle cryptocurrencies’ higher volatility and lower liquidity.