Que hacen los Hedge Funds?

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Que hacen los Hedge Funds?

Mensajepor Dalamar » 16 Ago 2012 14:08

Parece que con el tiempo los hedge funds estan perdiendo su mojo y no superan al mercado como lo solian hacer!
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Re: Que hacen los Hedge Funds?

Mensajepor Dalamar » 17 Ago 2012 08:12

Top Hedge Funds: (Mis favoritos son Soros y Jim Simons)

John Paulson Paulson & Co - $15,017,374,000
George Soros - Soros Fund Management - $6,836,793,000
Jim Simons - Renaissance Technologies - $28,473,817,000
Warren Buffett - Berkshire Hathaway - $75,300,250,000
Steven Cohen - Sac Capital Advisors - $22,243,128,000
David Einhorn - Greenlight Capital - $5,535,120,000
Carl Icahn - Icahn Capital Lp - $9,774,776,000
David Tepper - Appaloosa Management Lp - $4,052,381,000
Ray Dalio - Bridgewater Associates - $6,429,010,000
Bruce Berkowitz - Fairholme (Fairx) - $7,765,660,000
T Boone Pickens - Bp Capital - $174,476,000
Ken Fisher - Fisher Asset Management - $37,472,684,000
Dan Loeb - Third Point - $4,060,798,000
Bill Ackman - Pershing Square - $8,074,228,000
Seth Klarman - Baupost Group - $2,956,954,000
Jim Chanos - Kynikos - $115,002,000
Joel Greenblatt - Gotham Asset Management - $1,150,064,000
John Burbank - Passport Capital - $2,944,815,000
Thomas Steyer - Farallon Capital - $4,842,673,000
Mohnish Pabrai - Mohnish Pabrai - $324,748,000
Phil Falcone - Harbinger - $1,865,330,000
Leon Cooperman - Omega Advisors - $5,008,464,000
Howard Marks - Oaktree Capital Management - $6,277,102,000
Ken Griffin - Citadel Investment Group - $54,446,772,000
D. E. Shaw - D E Shaw - $37,140,487,000
Eric Sprott - Sprott Asset Management - $849,524,000
Kyle Bass - Hayman Advisors - $147,578,000
Louis Bacon - Moore Global Investments - $6,326,973,000
Paul Tudor Jones - Tudor Investment Corp - $2,942,632,000
Julian Robertson - Tiger Management - $352,537,000
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Re: Que hacen los Hedge Funds?

Mensajepor Dalamar » 29 Ene 2013 14:19

Warren Buffett's $1 Million Bet Against Top Hedge Funds

Warren Buffett, CEO of Berkshire Hathaway Inc. (NYSE: BRK.A, BRK.B), made a $1 million bet with money-management firm Protégé Partners in 2008 that top hedge funds couldn't outperform the market over 10 years.

To represent his side, Buffett chose an S&P 500 index fund run by Vanguard, and Protégé chose five funds managed by top hedge funds.

Both sides had steep losses in 2008, the first year the bet was placed. Buffett's index lost 37% that year and the five funds picked by Protégé lost on average 24%.

Now five years later, each side has clawed its way back, and for the first time ever, both sides are in positive territory.

At the halfway point of the bet, the index fund is up 8.69%, while the hedge funds, taking into account fees and expenses, are on average up only 0.13%.

So far Buffett looks right, and he's not the only money manager telling investors to avoid hedge funds.

Soros' Take on Hedge Funds


Speaking from the World Economic Forum in Davos, Switzerland, George Soros says hedge funds fees eat into profits - a lot.

Hedge funds are like mutual funds for the rich - investors must meet an annual salary requirement and have at least $1 million in net worth to invest in the funds - and they come with high fees.

Normally, hedge funds collect 20% of any gains they make, plus a 2% management fee on all assets invested.

The fees mean hedge funds generally must perform much better to beat the return of an index fund like Vanguard's, which has total fees and expenses of just 0.17%.

Soros says other problems limiting hedge funds' returns are their increased influence on the markets and the fact that investors are taking on less risk.

"Since hedge funds are now a dominant force in the market, they can't, as a group, outperform the market," Soros told Bloomberg News. "Outperforming the market with low volatility on a consistent basis is an impossibility. I outperformed the market for 30-odd years, but not with low volatility."

And as hedge funds become larger and comprise more of the daily trading volume, they lose part of the advantage that covering your bets, or hedging, is supposed to do.

"Back when I got into the industry, the word 'hedge' actually meant a hedge," former investment banker Carol Roth told Yahoo! Finance. "If you're churning the funds over and over again, you probably won't outperform the market over a long period of time."
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Re: Que hacen los Hedge Funds?

Mensajepor Vigilantexx » 05 Feb 2013 12:19

El vejete Buffett es mucho Buffett

Curioso como hace tan solo unos pocos años los chicos de Mayfair eran los reyes del mambo y ahora han caido en desgracia...eso si, que les quiten lo bailao y gastado

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Re: Que hacen los Hedge Funds?

Mensajepor Dalamar » 14 Feb 2013 08:21

Key Takeaways From the 2013 Report

- Annual average cash compensation is $314,000, up 15% year over year

- Nearly three-quarters of participants work between 50-70 hours per week

- Mean compensation did not vary much based on fund size

- Big funds are getting bigger while small funds have trouble raising capital

- Only 4% of respondents made more than $1 million (correlated to good fund performance)

- Bonuses represented more than 70% of total earnings for the 2 highest earning groups

- 13% of respondents said they were required to invest some of bonus back into fund


As far as hedge fund hiring goes, 2012 saw an increase in those hiring operations positions. In 2013, many funds expect to hire in their legal department. As many funds were in the black in 2012 (and are off to a good start in 2013), it's reasonable to expect investment team hiring to pick up as well.
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Re: Que hacen los Hedge Funds?

Mensajepor Dalamar » 17 Feb 2013 11:22

Aqui podemos ver que compran las agencias, se puede poner bestinver por ejemplo:

http://www.bebroker.es/agencias.php
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Re: Que hacen los Hedge Funds?

Mensajepor Dalamar » 20 Feb 2013 08:56

En el cuarto trimestre del 2012 estas son las cinco acciones que la mayoría de los hedge funds tienen como principales inversiones en su cartera:

AIG (NYSE:AIG)

La aseguradora rescatada por el gobierno de los EEUU parece resurgir cual ave fenix, y se lleva todo el cariño de los hedge funds. De los 450 fondos que siguen en Insider Monkey, que ha visto como en el 3 trimestre del 2012 sólo 21 hedge funds apostaban claramente por la aseguradora y en el cuarto trimestre la cifra se incrementaba a 142.

Apple (NASDAQ:AAPL)

La compañía de la manzana cae de la primera a la segunda posición. Cómo hemos comentado anteriormente 132 hedge funds aún la mantienen como una posición relevante en su cartera.

Google Inc (NASDAQ:GOOG)

Ocupa la tercera plaza, aunque en el cuarto trimestre ha visto como 17 hedge funds se deshacian de las acciones de Google que tenían en cartera. De momento 126 fondos mantienen a Google en su cartera.

Citigroup (NYSE:C)

Entre otros tiene el honor de que George Soros haya convertido el grupo financiero en su mayor posición en su cartera.

General Motors Company (NYSE:GM)

i98 hedge funds tienen las acciones del fabricante de automóviles en su cartera, sumando 3 más respecto al trimestre anterior.

Microsoft Corporation (NASDAQ:MSFT).

Pierde la quinta plaza en detrimiento de GME. Trece hedge funds la han dejado de tener en cartera.

El estudio contempla un universo de los principales 450 hedge funds.

Vía Insider Monkey
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Re: Que hacen los Hedge Funds?

Mensajepor Dalamar » 23 Feb 2013 06:57

Los hedge funds estan muy expuestos!
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Re: Que hacen los Hedge Funds?

Mensajepor Dalamar » 16 May 2013 21:34

Estudio de resultados de los stocks que mantienen los top 25 hedge funds:

- 36 stocks profiled through all issues thus far
- 26 of these stocks have outperformed the S&P 500
- Average performance across all stocks profiled = +51.2%
- Average performance of S&P 500 = +28.5%
- Average outperformance over S&P 500 = +22.7%
- The 26 outperforming stocks beat the S&P by an average of +41.2%
- 4 stocks have more than doubled (+177%, +156%, +148%, +137%)
- 5 other stocks have each almost doubled (+97%, +92%, +91%, +87%, +84%)
- Only 10 stocks underperformed the S&P (and only 1 had a negative return: -3.1%)


http://www.marketfolly.com/2013/05/perf ... -past.html
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