NEWS
Performance Report: Prodigal Absolute Cayman Fund
29 Nov 2010 - Australian Fund Monitors
Prodigal's Absolute Cayman Fund eclipses the previous high watermark with the model trading portfolio accounting for the bulk of October returns. Risk and Convertible Arbitrage also both added to the performance.
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29 Nov 2010 - Performance Report: Prodigal Absolute Cayman Fund
By: Australian Fund Monitors
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Manager Comments | The Risk Arbitrage and Convertible Arbitrage portfolios also added to returns, while only representing 20% and 10% respectively of allocated capital. Country allocation was dominated by Japan at 32% followed by Korea (16%), Hong Kong (14%) and Australia (12%). 25% of capital was unallocated as at month end. |
More Information | » View detailed profile of this fund |
Performance Report: Taurus Precious Metals Strategy
25 Nov 2010 - Australian Fund Monitors
Taurus continue to reduce allocation from physical gold, and increase exposure to silver and palladium to take advantage of opportunities.
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25 Nov 2010 - Performance Report: Taurus Precious Metals Strategy
By: Australian Fund Monitors
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Fund Overview | Excess returns are generated by utilizing a relative value strategy and correctly switching the portfolio between the various physical commodities (gold, silver, platinum, palladium) and also between commodities and equities. The strategy's primary goal is to provide investors with returns ahead of Gold Bullion, essentially an enhanced gold exposure. The fund aims to provide investors with a low cost, appropriately bench marked alternative / substitute to physical gold. The investment process combines fundamental and quantitative research to isolate attractive commodities, sub-sectors and stocks. |
Manager Comments | At the same time exposure to precious metals equities (largely dominated by gold) has also risen marginally to 12.1%. While gold has certainly had a stellar rise in 2010 YTD, up 28%, it has been clearly eclipsed by Palladium at +68% and Silver at +59%. |
More Information | » View detailed profile of this fund |
Performance Report: Pengana Global Resources Fund
22 Nov 2010 - Australian Fund Monitors
Resources rally and US $ weakness continues to drive Pengana's performance
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22 Nov 2010 - Performance Report: Pengana Global Resources Fund
By: Australian Fund Monitors
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Fund Overview | The fund uses multiple strategies to profit from inefficiencies in the pricing of small and large companies and event driven activity. The fund employs three core strategies: - Pairs trading in liquid, large capitalisation stocks - Directional long and short positions in mid and small capitalisation stocks - Event driven (e.g IPO's, mergers and acquisitions), and other corporate activity. |
Manager Comments | The best performing commodity for the month was zinc (+9.49%) with lead also performing strongly (+7.45%) which YTD have been relative laggards compared to nickel (+20.57%), gold (+21.36%) and tin (+42.02%). Over the month nickel (-2.99%) and aluminium (-0.52%) were the notable negative performers whilst copper (+2.11%) and oil (+1.81%) managed small gains. Key contributors to the portfolio’s performance during October included Freeport-McMoran Copper & Gold (+9.77%), Independence Group (+17.65%) and Paladin Energy (+14.21%). As at the end of Octobe the net long position of the Fund was 70.8%, up from 67.20% a month earlier. The gross exposure of the Fund was 104.4%, up slightly from 103.4% as at the end of September. |
More Information | » View detailed profile of this fund |
Performance Report: Macquarie Asian Alpha Fund (Cayman) - Class A USD
19 Nov 2010 - Australian Fund Monitors
Rep
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19 Nov 2010 - Performance Report: Macquarie Asian Alpha Fund (Cayman) - Class A USD
By: Australian Fund Monitors
Performance Report: Kima Capital Pan Asian Fund
18 Nov 2010 - Australian Fund Monitors
Kima benefits from plentiful deal flow, with the bulk of the opportunities coming from Hong Kong and China
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18 Nov 2010 - Performance Report: Kima Capital Pan Asian Fund
By: Australian Fund Monitors
Performance Report: Optimal Australia Absolute Trust
17 Nov 2010 - Australian Fund Monitors
Optimal believe there is good reason to remain cautious on the outlook for the domestic economy
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17 Nov 2010 - Performance Report: Optimal Australia Absolute Trust
By: Australian Fund Monitors
Performance Report: Herschel Absolute Return Fund
16 Nov 2010 - Australian Fund Monitors
Herschel\\'s absolute return fund benefits from firming commodity prices, an appreciating Australian dollar and strong Asian markets
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16 Nov 2010 - Performance Report: Herschel Absolute Return Fund
By: Australian Fund Monitors
Performance Report: Fortitude Capital Absolute Return Trust
12 Nov 2010 - Australian Fund Monitors
Fortitude's yield and convergence strategies perform as markets rallied on QE2 expectations and US dollar weakness
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12 Nov 2010 - Performance Report: Fortitude Capital Absolute Return Trust
By: Australian Fund Monitors
Performance Report: Lanterne Arran Fund
11 Nov 2010 - Australian Fund Monitors
Lanterne cautious short term, but remains positive long term based on the local economy and that of Australia's key Asian trading partners.
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11 Nov 2010 - Performance Report: Lanterne Arran Fund
By: Australian Fund Monitors
Performance Report: Bennelong Securities Long Short Equity Fund
10 Nov 2010 - Australian Fund Monitors
Bennelong's overall portfolio performance was solid in October, although hampered by two proposed corporate transactions in the financial sector.
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10 Nov 2010 - Performance Report: Bennelong Securities Long Short Equity Fund
By: Australian Fund Monitors
CategorySearchEvents Calendar
November 2024
L1 Capital International
28 Nov 2024 11:00 AM to 11:30 AM
Join L1 Capital International's CIO, David Steinthal, for an update on the investment environment, positioning of the L1 Capital International Fund (Managed Fund) and key takeaways from the recent results season.
December 2024
RBA - Monetary Policy Decision
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