Friday, 29 August 2014
Last updated 14 hours ago
Apr 13 2010 | 1:32am ET
March was good to one Jersey City, N.J.-based hedge fund, which saw its returns jump 8.2% during the month.
The Osiris Fund’s year-to-date returns now stand at 9.4%, and the fund is ranked third out of 3,527 top performing global hedge funds, according to Bloomberg data.
“The team has positioned the portfolio nicely again this year, and we are extremely pleased with the first quarter net of fees returns,” says Michael Spak, CEO of Osiris Investments, which manages the fund.
On a Rolling YTD, the fund boasts 91.67% periods up.
“At Osiris we take the consistency of our returns very seriously,” says Spak. “Our team’s primary goal is to immunize the volatility of the portfolio. We’ve taken a very defensive posture for the first quarter of the year. That added protection has really paid off.”
The Osiris Fund, which opened up to outside investment in December, utilizes a proprietary algorithmic trading strategy, taking long and short positions in order to take advantage of short-term dislocations in valuations due to market- or stock-specific events.
Aug 25 2014 | 11:21am ET
As many of you know, FINalternatives was recently acquired by the owners of Futures magazine, a firm called The Alpha Pages LLC. Today marks the soft-launch of a new sister site for both publications. As its name suggests, The Alpha Pages will cover all types of alternative investments, going far beyond the more well-known ones such as hedge funds and private equity. Read more…
Commodities/Futures magazine launched at the precipice of a revolution in the futures industry—really a revolution in the idea of risk management—that would move it from a small niche industry to ...