Investing in Hedge Funds...

Quote from marketsurfer:
these massive TF funds are quickly becoming dinosaurs.
Trendfollowing CTAs had a big comeback this year after dismal performance in 2005/2006. Winton, AHL, Brummer Lynx, Transtrend, Tulip are all funds with multi-billion amounts under management. All those doomsday predictors that were foresaw the quick demise of the entire trendfollowing style were proven wrong by Mr. Market.
 
Quote from BJL:

Sure, but then again nobody invests 100% in US equities. The comparison is quite different if you include (high yield) bonds, emerging markets, commodities, real estate and foreign equities.

And nobody invests in the CSFB index as well (unless you have access to all funds that are closed and have the capital to put money in thousands of hedge funds).

A fairer comparison would be between an investable index (you have to choose between all the funds you can invest in so this approximates an educated guess) versus a diversified portfolio of (international/us/emerging) equities, (high yield/emerging/government) debt, commodities and real estate.

Well, my benchmark is RENTEC. Got to beat 38 % per year return net of fees...:p
 
Quote from ASusilovic:

Well, my benchmark is RENTEC. Got to beat 38 % per year return net of fees...:p

Exactly, always aim high ;)

I'll report back to you in ten years time to see whether I've matched them...
 
Quote from BJL:
A fairer comparison would be between an investable index (you have to choose between all the funds you can invest in so this approximates an educated guess) versus a diversified portfolio of (international/us/emerging) equities, (high yield/emerging/government) debt, commodities and real estate.
Yes, I agree with your arguments BJL. There should be no "one asset class only" approach. In a highly diversified portfolio, 10-20% HFs will help reduce overall volatility and improve risk adjusted returns. That's how the big endowments (Yale, Harvard) have it I believe.
 
check out the formula growth fund. I like their methodology as it doesn't rely on strategies that are susceptible to blow up...

They have a real good, long term track record.
 
Quote from makloda:

You can invest in publicly traded closed-ended hedge fund floats in the UK, Amsterdam and Switzerland. You will be able to buy them with most international brokers. E.g. the list below is available for trading with IB. While these stocks may trade at a premium/discount to NAV you will basically get daily liquidity (with a spread!). Since these are public stocks there is no minimum investment.

Here are some to start you off:

Fund of Funds:
http://www.cmaglobalhedge.com
http://www.dexionalpha.com
http://www.dexionequity.com
http://www.dexionabsolute.com
http://www.dexiontrading.com
http://www2.goldmansachs.com/client...osed_ended_investment_companies/resident.html

Most of the FOFs above allocate 50%-60% to equity strategies (equity L/S, event driven), the rest usually goes to macro and CTA/trendfollowing funds. You will find exact allocations and premium/discount to NAV data in their information material.

Single HFs:
http://www.bhmacro.com (discretionary macro)
http://www.thirdpointpublic.com (activist value equity)
https://www.mwtops.eu (L/S equity)
http://www.bgholdingltd.com (discretionary macro/fixed income)

Good luck.

Thanks very much Makloda for your posting here. I had a little money in my IB account at that time that wasn't doing anything so I bought some of BH Macro from the LSE per your information. I got in just at the right time and made about $6000 after only a month. I sold it now to lock in the profit and pursue more opportunities.
 
Quote from WyckoffTrader:

Take alook at this group. They have some big returns in the different class shares and they are more trading systems than investmnet style but do also have th elon term trend stuff.

www.lastatlantis.com and view the alternative investment.

Can anyone provide me with any update regarding Last Atlantis?

There are a few buzz going around about this fund being a Chicago All-Star fund. (Meaning I've heard that a few of the top Chicago traders are with them now)

Any news or info(confirmation) about who actually trades with LACM?
 
Gann what is up with Last Atlantis..........a press release says............

"The National Futures Association (NFA) on Thursday filed a Member Responsibility Action (MRA) against Last Atlantis Capital Management LLC (LACM). LACM is a Virgin Islands based Commodity Trading Advisor/ Commodity Pool Operator, which also has offices in St. Charles IL, where the CTA/CPO previously was registered as Sjo Inc."


"The problem according to the MRA, is that statements from the broker dealer carrying LACM’s Share Class O account shows a loss of $3.5 million in 2007 while the annual pool financial statement shows a gain of $526,385 for 2007. LACM indicated to the NFA that the discrepancy is partially due to a receivable to be paid to the account through introducing broker Petra Trading Group LLC and is based on payment for order flow funds owed the account. These funds are to be paid to Petra by Interactive Brokers (IB) and eventually paid to Share Class O. "
 
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