Och-Ziff Funds Fall, But Assets Rise

Apr 3 2014 | 10:34am ET

Och-Ziff Capital Management’s hedge funds lost ground last month, it said in a regulatory filing.

The firm’s flagship OZ Master Fund shed 1.99% on the month and is essentially flat on the year. Also dropping into barely positive territory in March was Och-Ziff’s Europe Master Fund, which fell 1.21% last month.

Both funds are at least still marginally up on the year. The firm’s Asia Master Fund is now down 6.7% in 2014 after falling 4.06% last month.

The news was not all bad in March: While Och-Ziff’s funds struggled in the markets, it enjoyed a “particularly strong month” among investors, taking in $1.1 billion in new money.


In Depth

bfinance: Fees Falling Across Asset Classes, Yet Overall Investor Costs Still Climbing

May 16 2017 | 9:53pm ET

Despite unprecedented attention on fees, new research from investment consultancy...

Lifestyle

CFA Institute To Add Computer Science To Exam Curriculum

May 24 2017 | 9:25pm ET

Starting in 2019, financial industry executives sitting for the coveted Chartered...

Guest Contributor

Risk-Based Compliance: Why Oversight Of Outsourcing Is Critical

May 10 2017 | 7:02pm ET

Compliance is notoriously one of the trickiest middle office functions for funds...

 

From the current issue of