Mulvaney Trumps Hedge Fund Indices

Oct 13 2008 | 1:30pm ET

Not every hedge fund is down in the dumps. Mulvaney Capital Management’s Global Diversified Fund returned 11.58% in September bringing its year-to-date returns to 27.45%.

The firm said the main contributor to last month’s gain was its short position in stock indices because “the authorities’ failure to restore confidence in the global banking system prompted an abrupt sell-off in risk assets.” It also generated profits in fibers and industrial metals sectors but took a modest loss in the interest rates sector “as concern shifted from inflation to deflation.”

The US$100 million Global Diversified fund is quantitative offering covering the major financial and commodity futures markets worldwide. It charges a 2% management fee and a 20% incentive fee and is listed on the Irish Stock Exchange.


In Depth

Q&A: Old Hill's Stone On Private Debt, P2P And Credit Bubbles

Jun 6 2017 | 7:52pm ET

While institutional capital continues to flow into the broader private debt sector...

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

AIMA: How The U.K.'s SMCR Will Affect U.S. Firms

Jun 20 2017 | 6:29pm ET

U.S. investment managers need to think seriously about how tough new U.K. conduct...

 

From the current issue of