Hints and tips:
...Link Fund Solutions, the administrator to a number of Odey Asset Management funds, said it had suspended dealing in another product, the Brook Absolute Return fund....
...Bets against Tesla accounted for 0.4 percentage points of losses at Crispin Odey’s European fund and 2.19 percentage points of losses at Hanbury’s Brook Absolute Return fund in the first quarter, according...
...Brevan Howard’s flagship fund was down 2.1 per cent while its Alpha Strategies fund was up 2.4 per cent, according to people who have seen the figures....
...Brook is in talks with Lancaster about transferring other funds run by Hanbury, including the Brook Developed Markets fund, Brook Absolute Return Focus fund, and Odey Opus fund....
...Those fund managers who transferred to a different business delivered twice the alpha — outperformance compared with a benchmark or index — in the first three years of establishing a new fund, according...
...The demise of Abrdn’s Global Absolute Returns Strategy (Gars) marks an ignominious end for a once-successful fund that turned sour....
...Hanbury’s Absolute Return fund, which manages £369mn according to the company’s website, was one of several funds that suspended withdrawals in June as the firm tried to contain the crisis....
...Over the past couple of weeks, the firm has halted trading in Special Situations, Brook Developed Markets, LF Odey Portfolio and Brook Absolute Return....
...The firm’s biggest funds include Brook European Focus Fund, run by Oliver Kelton, and LF Brook Absolute Return Fund, run by James Hanbury....
...Absolute Return, and Odey Pan European....
..., LF Odey Portfolio and Brook Absolute Return....
...It did not provide further detail on which funds. Its biggest funds include Brook European Focus Fund, run by Oliver Kelton, and LF Brook Absolute Return Fund, run by James Hanbury....
...But banks, brokers, exchanges, and market-data vendors should remember that, with interest rates at 5 per cent, the hurdle rate for absolute-return businesses like hedge funds is much higher....
...Goldman Sachs analysts noted that while hedge funds did not necessarily aim to beat the S&P 500, last year’s returns were also “weak on an absolute basis”....
...It also stopped withdrawals from its Brook Developed Markets and Absolute Return funds, following a surge in redemption requests from investors....
...Hanbury manages about $1.5bn in assets across his funds, including the LF Brook Absolute Return fund....
...The classic statement of this view of Berkshire is a 2013 article from AQR, called “Buffett’s Alpha”....
...Niederhoffer’s main Diversified fund is up 78 per cent so far this year while its Smart Alpha fund has gained 28 per cent. laurence.fletcher@ft.com...
...For some people, it’s enough:https://twitter.com/Tree_of_Alpha/status/1536271645803003905 Recent game data are missing, so we can’t tell how recently he played....
...Here’s their fed funds chart, for example: Bank stocks did well in absolute terms when the Federal Reserve increased rates in the last two cycles....
...“We still believe alpha is out there, but it is getting harder and harder to find,” says Commonfund’s Anson....
...This month Baillie Gifford cut its annual fee on the BG UK Alpha Fund from 0.55 per cent to 0.47 per cent and noted that this marks “the 15th occasion Baillie Gifford has reduced fees across one or more...
...The firm’s institutional Diversified Alpha fund returned 4.7 per cent....
...Their Brook Absolute Return fund gained about 29 per cent last year and is up about 7.3 per cent this year, helped by positions in stocks such as National Express and ArcelorMittal, according to the investor...
...Odey’s James Hanbury has gained 7.3 per cent in his LF Brook Absolute Return fund, helped by positions in stocks such as pub group JD Wetherspoon and Wagamama owner The Restaurant Group....
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