View
6
Download
0
Category
Preview:
Citation preview
June SwoonAfter a strong start to the year, many hedge funds got roughed up in May and June. Of the 20 largest hedge funds shown here, half lost money. Many emerging-markets funds took a hit.
Returns AssetsBest June YTD* 1-Year* 3-Year** (mil) Type
Mad River 19.47% 9.95% 45.77% N/A $71.0 Global Macro
Roy G. Niederhoffer TrendHedge 12.6 17.0 16.2 N/A 47.8 Global Macro
Tarpon 8.0 30.8 46.7 291.7% 31.4 Emerging Markets
Prospect 7.7 24.8 55.0 183.5 62.9 Equity Long/Short
Bear Stearns Emerg Mkts Macro 7.6 –1.4 18.7 N/A 1,496.0 Emerging Markets
Key Colony 6.5 31.7 41.8 195.0 154.0 Event Driv Multi Strat
Accipiter Life Sciences 5.6 17.5 23.1 141.0 74.0 Sector
Beacon Rock Capital 5.2 8.9 18.0 46.9 50.5 Option Arbitrage
Pactual Symmetry 4.8 7.9 13.7 33.2 106.0 Emerging Markets
AlphaGen Absolus (Euro Class B) 4.5 0.0 –0.4 N/A 56.3 Equity Market Neutral
Worst
AccessTurkey –10.0 –19.8 21.6 251.1 37.3 Emerging Markets
Emerging Value Oppor (Series 5B2) –9.4 7.4 70.7 188.4 163.0 Emerging Markets
India Capital A Share –9.1 18.4 55.2 259.2 37.5 Emerging Markets
Adelphi European Small Cap –7.3 4.6 26.2 N/A 481.4 Equity Long Only
LG Asian Plus –7.3 –2.7 37.5 134.8 813.2 Emerging Markets
Boyer Allan India –7.1 –0.8 9.9 N/A 55.6 Equity Long/Short
Prince Street International –6.8 2.8 20.4 54.0 56.0 Emerging Markets
Libra –6.7 5.4 41.8 175.8 954.4 Equity Long/Short
Sprott Strategic Offshore Gold –6.0 34.2 71.9 N/A 46.5 Sector
Telligent Greater China Master –5.9 27.4 40.4 N/A 53.0 Emerging Markets
Biggest
Shepherd Investments Intl –0.4 9.1 20.6 42.9 6,291.7 Rel Value Multi Strat
Orbis Optimal (US) –1.6 0.0 4.8 17.6 4,077.0 Equity Market Neutral
Elliott International 2.9 9.7 18.2 49.7 3,565.0 Multi Strategy
Dexia Money + Risk Arbitrage –0.2 1.5 3.2 10.7 2,566.7 Event Driv Multi Strat
Marathon Special Opportunity 0.8 7.2 13.2 76.9 2,490.0 Distressed Securities
AlphaGen Capella (Class A) 1.3 7.7 14.8 34.1 2,478.0 Equity Long/Short
Hermitage (Lowest Bid) 0.9 11.1 20.9 76.6 2,369.0 Emerging Markets
Stark Investments –0.1 9.0 14.6 35.2 2,023.0 Multi Strategy
Kinetics 1.5 17.0 24.6 71.1 1,968.7 Equity Long/Short
Global Undervalued Securities 0.6 5.5 30.3 86.8 1,883.0 Global Macro
Clarium –0.1 2.1 18.6 124.8 1,871.0 Global Macro
Eureka Euro Limited (Euro Class A) –0.6 10.6 18.5 46.3 1,574.2 Equity Long/Short
Bear Stearns Hi Grade Str. Credit 0.3 3.8 7.9 N/A 1,548.0 Fixed Income Arbitrage
TR Property Invest Trust (Sterling) 2.6 14.6 30.0 154.5 1,524.6 Sector
Bear Stearns Emerg Mkts Macro 7.6 –1.4 18.7 N/A 1,496.0 Emerging Markets
Ore Hill International –1.6 8.7 17.4 73.1 1,442.0 Event Driv Multi Strat
Griffin Eastern European –1.1 –0.9 33.3 148.4 1,432.0 Emerging Markets
Odey Japan General (Euro) –4.3 –8.4 12.4 71.5 1,411.3 Equity Long/Short
III Fund 1.3 4.4 6.2 25.1 1,407.0 Fixed Income–MBS
Adelphi Europe (Euro Class) –2.3 10.3 27.8 65.6 1,359.2 Equity Long/Short
Includes funds with assets of at least $30 million. Ranked by June returns. *As of 6/30 **CumulativeSources: AIRT LLC; CISDM Hedge Fund/CTA Database
Recommended