KeyPoint Capital Manages Volatility In May

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%.


In Depth

Q&A: Executive Recruiter Talks Hedge Fund Closures, Hiring Trends

Dec 19 2014 | 6:58am ET

This year, hedge funds have been closing at a rate not seen since the financial...

Lifestyle

Cooper-Hohn Won't Contest Divorce Settlement

Dec 18 2014 | 9:51am ET

The ex-wife of hedge fund billionaire Christopher Hohn will not contest a divorce...

Guest Contributor

Alternative Investment Funds Face A Communications Imperative

Dec 19 2014 | 6:10am ET

A handful of the top alternative investment firms on both sides of the Atlantic...

 

Sponsored Content

Editor's Note

    Guidelines for Guest Articles

    Oct 22 2014 | 9:46am ET

    We are always looking for guest articles from hedge fund managers and buy-side firms.

    If you are interested in submitting a contributed piece for possible publication on FINalternatives, please take a look at the specs. Read more…

 

Futures Magazine

December 2014 Cover

Futures 2014 person of the year

Jeff Sprecher was simply looking for a platform to trade energies when launching ICE 14 years ago but it has grown to reach the pinnacle of both the listed futures and equities world.

The Alpha Pages

TAP July/August 2014 Cover

The Alpha Pages Interview: Senator Rand Paul

Senator Paul sat down in the debut series of the Alpha Pages Interview to discuss the broken tax code, regulation surrounding Bitcoin, and his plans for the 2016 Presidential election.