Tuesday, 2 September 2014
Last updated 3 hours ago
Jun 28 2010 | 1:29pm ET
While the S&P 500 and MSCI REIT index were each down 8.2% and 5.7% in May, respectively, KeyPoint Capital Management kept its volatility under control during the tumultuous month.
“We are very pleased with the portfolio’s positioning, which allowed us to mitigate the overall market’s volatility,” said Rod Hinze, portfolio manager. The Dallas, Texas-based firm's Real Estate Opportunity Hedge Fund returned -1.4% gross for the month of May, leaving it up 11.7% gross YTD.
KeyPoint is outperforming its benchmark and also ranks in the top 15% of its peer group (long/short equity directional), according to Bloomberg Data (Bloomberg Ticker: KEYREOH).
“We continue to see opportunities on both the long and short side in the real estate space. In what we believe to be a slow growth environment, public REITs have excellent access to capital and quality acquisitions, which will undoubtedly create attractive long opportunities, for example,” said Hinze.
The S&P 500 has returned -2.3% YTD though May and the MSCI REIT index returned 8.8% YTD though May, while KeyPoint Capital has reported gross returns of 11.7% during the same period. Additionally, the fund’s annualized standard deviation is 10.9% compared to the S&P 500’s annualized standard deviation of 21.2% and the MSCI REIT index’s annualized standard deviation of 42%.
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 ...