openPR Logo
Press release

"Alternative Alternatives" investment funds gained 1.92% in April, +2.38% YTD

05-31-2011 09:13 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Opalesque Ltd

Opalesque Ltd., a leading provider of online information services to the alternative investment industry, announced the results of the Opalesque A SQUARE ('alternative-alternatives') indices covering the performance of niche alternative investment funds. The indices are calculated based on the net performance of 608 single- and multi-manager funds currently listed in 21 categories in the Opalesque Solutions A SQUARE Fund Database (http://www.opalesquesolutions.com/asquare).

The Opalesque A SQUARE Index posted its strongest month so far this year, gaining* 1.92% in April. Year-to-date, the index now stands at +2.38%. The A SQUARE Funds of Funds Index rose 0.31% in April, bringing the year-to-date performance to +1.16%.

Over the last 12 months, performance of the A SQUARE Index ranged between a gain of 3.12% in September 2010 and a loss of 1.97% in May 2010, with 8 positive and 4 negative months, adding to a cumulative gain of 11.14%. For the first time this year, the A SQUARE Index outperformed the HFRI Fund Weighted Composite Index, which returned 1.65% in April (+10.76% over the last 12 months). The MSCI World Index gained around 4% in April and 15.8% over the last 12 months

In terms of absolute risk, both the A SQUARE Index and the A SQUARE Funds of Funds Index did better than their benchmarks over the analyzed 12-month period: Volatility (defined as annualized standard deviation) was 5.22 for the A SQUARE Index and 5.21 for the FoF Index, compared to 6.23 for the HFRI and 19.7 for the MSCI World. The maximum drawdowns in the last 12 months were 2.34% for the A SQUARE Index and 3.10% for the A SQUARE Funds of Funds Index, compared to 3.84% for the HFRI and 13.14% for the MSCI World.

Market risk, measured by the corresponding beta values, was low for both A SQUARE indices, a result of the small volatility and low correlation of the funds listed in the A SQUARE database with both equity markets and hedge fund strategies (0.22 and 0.80 respectively for the A SQUARE Index).

Historically, the A SQUARE single manager funds delivered steady, double-digit returns from 2004 to 2010 (with the exception of the financial crisis year 2008), ranging between 11.38% in 2010 and 15.78% in 2005, and outperforming the HFRI Fund Weighted Composite Index four times. During the crisis year of 2008, the A SQUARE Index provided significant downside protection, ending the year 2008 down 6.04%, compared to a HFRI decline of around 20%

Info and Contact

About the Opalesque A2 Indices and database:
Opalesque A SQUARE = Alternative Alternatives is the first web publication, globally, that is dedicated exclusively to “alternative” investments. A SQUARE's weekly selection feature unique investment opportunities that bear virtually no correlation to the main stream hedge fund strategies and/or distinguish themselves by virtue of their “alternative” motive - social, behavioural, natural resources, sustainable / environment related investing. The archive containing all issues of A SQUARE published to date can be found here: http://www.opalesque.com/index.php?act=archiveA2

With currently 608 Alternative Funds in 21 categories, the new A SQUARE database is the only database dedicated exclusively to "alternative alternatives" investments with fast facts and investment oriented analysis. Investors interested in alternative funds would find the database very useful because of:

• Detailed information provided for each of the funds
• Categorization of funds, helping users to navigate through information of interest
• Information is updated/sent by the fund managers themselves, reducing margin of error in the facts and figures
• Mark funds as Favorites
• Mark funds for Comparison
• Extensive search option available

The A SQUARE database is located here: www.opalesquesolutions.com/asquare/

The A SQUARE Index and the A SQUARE FoF Index are the first indices tracking the performance of niche investment strategies only. Both indices are equally weighting the performance of all funds and FoFs listed in our database. More information on the performance and methodology of the indices can be found here: www.opalesquesolutions.com/asquare/a2index.html

About Opalesque:
Opalesque was formed in 2001 to provide professional news services to participants in the alternative investment sector. Since inception, Opalesque has been providing premium online information services related to the hedge fund and investment industries. The Opalesque publication Alternative Market Briefing is the only daily hedge fund news service read by the elite hedge fund managers themselves (see our Testimonial page for more). Opalesque is led by Matthias Knab, an internationally recognized expert on hedge funds and alternatives. www.opalesque.com

PO Box 649
New York, NY 10028
U.S.A.

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release "Alternative Alternatives" investment funds gained 1.92% in April, +2.38% YTD here

News-ID: 177304 • Views:

More Releases for SQUARE

Square insurance broker organized the Square Premier League
SQUARE PREMIER LEAGUE Square insurance broker private limited organized the "Square Premier League" on 2nd April 2022. The cricketing event was organized at the RCA academy ground in Jaipur, where more than eight teams represented various insurance companies and partners. VENUE OF THE EVENT The event was held in the pink city Jaipur. The RCA ACADEMY ground was chosen as the venue for the sporting event. It was a one-day tournament with
Fintech Lending Market to See Revolutionary Growth | Credit Suisse, Square, Squa …
Latest released the research study on Global Fintech Lending Market, offers a detailed overview of the factors influencing the global business scope. Fintech Lending Market research report shows the latest market insights with upcoming trends and breakdown of the products and services. The report provides key statistics on the market status, size, share, growth factors of the Fintech Lending. The study covers emerging player’s data, including: competitive situation, sales, revenue
1001 Optical World Square
Great lenses, great frames, great optical services, right where you need them in World Square, Sydney Great lenses, great frames, great optical services, right where you need them in World Square, Sydney Shop 9.09A, LG Level, World Square Shopping Centre, 680 George Street, Sydney, NSW 2000
Payment Company Profile: Square
Square is a US-based payment services provider that allows merchants to accept payments from customers for products and services. The solution allows businesses to accept payments through methods including debit and credit cards issued by all major scheme providers (including Visa, Mastercard, American Express, Diners Club, and China UnionPay), as well as NFC-based solutions such as Android Pay and Apple Pay. For offline payments, Square offers an array of traditional and
Payment Company Market - In October 2013, Square launched the Square Cash app fo …
Orbisresearch.com added latest 17 pages report “Payment Company Profile: Square” in its store. Square is a US-based payment services provider that allows merchants to accept payments from customers for products and services. The solution allows businesses to accept payments through methods including debit and credit cards issued by all major scheme providers (including Visa, Mastercard, American Express, Diners Club, and China UnionPay), as well as NFC-based solutions such as Android Pay
Green Square Dental & Implant Centre
It takes just seven short seconds to create a first impression – that’s not long to make it a good one but a broad, bright smile can really help you to appear more confident. Whether you require general dentistry or you are interested in restoring or improving your smile with their range of cosmetic treatments or dental implants, the highly trained and caring private dental team will listen to your