Tradex FoF Outperforms Single-Strat Funds YTD

Aug 15 2012 | 10:29am ET

Greenwich, Conn.-based Tradex Global Advisors says its multi-strategy fund of hedge funds has beaten single-strategy funds through July 2012.

Tradex’s Original Segregated Portfolio has gained 3.92% year to date compared to the 2.88% gain of the average single-strategy fund, as measured by the HFRI Fund Weighted Composite Index.

The Tradex fund of funds has also outperformed its peers, as measured by the HFRI Fund of Funds Composite Index, which is up only 1.75% through July.

Established in 2005, the Original Segregated Portfolio is currently focused on the housing recovery within the RMBS, CMBS and mortgage derivative sectors as well as in niche equity strategies. Tradex also focuses on smaller hedge funds in the belief they tend to produce higher rates of alpha. The firm also stresses the importance of liquidity and says that 83% of the underlying securities currently in the portfolio can be liquidated within 30 days.

Tradex Global separately manages the Liquid 50 Portfolio, up 0.56% YTD and the Liquid Real Estate Portfolio, up 7.15% YTD, which represents the carved-out real-estate exposure within the Original Segregated Portfolio. Tradex is actively marketing the Liquid Real Estate Portfolio to be opened as a stand-alone fund.

 

 


In Depth

Exotic Assets: Investing In Rare Violins

Jan 17 2017 | 4:43pm ET

By definition, alternative investments include exotic assets far beyond your typical...

Lifestyle

'Tis the Season: Wall Street Holiday Parties Back In Fashion

Dec 22 2016 | 9:23pm ET

Spending on Wall Street holiday parties has largely returned to pre-2008 levels...

Guest Contributor

The Trump Administration: What It Could Mean for Carried Interest

Jan 19 2017 | 5:25pm ET

The arrival of the Trump administration brings the potential for a repeal of the...

 

From the current issue of

Versum Materials (VSM), with a market capitalization of $2.7 billion, enables chipmakers to achieve higher performance at lower cost with enhanced reliability. Versum is a leading global provider of electronic materials for the integrated circuit and flat-panel display markets.