December 22, 2008, 4:22 PM ET
| Hedge fund winners and losers | |||
| Top-performing hedge funds, by type, ranked by year-to-date performance through Oct. 31. | |||
| Single Strategy Top 10 | Manager | Return | Morningstar category |
|---|---|---|---|
| Mulvaney Global Markets Fund Ltd. | Mulvaney Capital Mgmt. Ltd. | 85.47% | HF Global Trend |
| JWH Global Analytics | John W. Henry & Co. Inc. | 72.46% | HF Global Trend |
| Dighton Aggressive SP (SFT2X) | Dighton Services SA | 63.30% | HF Global Trend |
| Arcas Fund II L.P. (Arcas Interests) | Derivative Consulting Group LLC | 58.26% | HF Short Equity |
| Drury Diversified TF Program | Drury Capital Inc. | 56.88% | HF Global Trend |
| Roy G. Niederhoffer Negative Correlation | Roy G. Niederhoffer Capital Mgmt. | 56.62% | HF Global Non-Trend |
| Rising China Fund | Pinpoint Investment Advisor Ltd. | 55.98% | HF Global Trend |
| Superfund C EUR SICAV | Superfund Capital Mgmt. | 54.32% | HF Global Trend |
| Vegasoul Fund - Class A | Vegasoul Capital Mgmt. | 51.27% | HF Global Trend |
| Tulip Trend Fund Ltd. Class A EUR | Progressive Capital Partners Ltd. | 47.82% | HF Global Trend |
| Single Strategy Bottom 10 | Manager | Return | Morningstar category |
| RAB Northwest Warrant Fund Ltd. EUR | RAB Capital PLC | -88.10% | HF Emerging Market Equity |
| New Russian Generation Ltd. | Prosperity Capital Mgmt. Ltd. | -83.83% | HF Emerging Market Equity |
| Troika Russia Fund-US | TDAM (Cyprus) Ltd | -83.13% | HF Emerging Market Equity |
| Vltava Sicav | Vltava Fund Sicav PLC | -78.30% | HF U.S. Equity |
| Hedgeforeningen Sydinvest afd. Virklån Acc. | Hedgeforeningen Sydinvest | -75.00% | HF Global Debt |
| PVB (CH) Russian Prosperity USD Inc. | PvB Pernet von Ballmoos AG | -73.18% | HF Emerging Market Equity |
| Renaissance Russia Small Cap Fund | Renaissance Capital Invest. Mgmt. | -72.32% | HF Emerging Market Equity |
| LIM China Index Ltd. H | LIM Advisors Ltd. | -71.90% | HF Emerging Market Equity |
| Russian Prosperity Fund (EUR) | Prosperity Capital Mgmt. Ltd. | -68.09% | HF Emerging Market Equity |
| LG Asian Natural Resources Fund Acc. | Lloyd George Mgmt. | -68.06% | HF Developed Asia Equity |
| Fund of Funds Top 10 | Manager | Return | Morningstar category |
| Roy G. Niederhoffer Div Offshore Ltd. A | Roy G. Niederhoffer Capital Mgmt. | 54.94% | HF Fund of Funds - Nondirectional |
| TrendSquare Ltd. A | UBP Asset Mgmt. Bermuda Ltd. | 16.45% | HF Fund of Funds - Multistrategy |
| HI Volksbank Global Trend | HANSAINVEST, Hanseatische Inv. GmbH | 15.92% | HF Fund of Funds - Derivatives |
| Tremont Trading - Ireland A1 | Tremont Capital Mgmt. | 15.27% | HF Fund of Funds - Derivatives |
| Centennial Global Macro Fund Ltd. | Centennial Partners LLC | 14.35% | HF Fund of Funds - Derivatives |
| HI Varengold B Acc. | HANSAINVEST, Hanseatische Inv. GmbH | 14.15% | HF Fund of Funds - Derivatives |
| Lighthouse Managed Futures Composite SPC | Lighthouse Partners LLC | 12.30% | HF Fund of Funds - Derivatives |
| GMO Multi Strategy | GMO LLC | 11.85% | HF Fund of Funds - Debt |
| Pinnacle Natural Resources LP | Pinnacle Asset Mgmt. LP | 11.10% | HF Fund of Funds - Nondirectional |
| Tremont Trading Fund LLC | Tremont Capital Mgmt. | 10.71% | HF Fund of Funds - Derivatives |
| Fund of Funds Bottom 10 | Manager | Return | Morningstar category |
| FMG Russia A EUR Acc. | FMG Fund Managers Ltd. | -74.58% | HF Fund of Funds - Equity |
| OPM Alfa Offensiv Plus Inc | Optimized Port Mgmt. Stockholm AB | -52.16% | HF Fund of Funds - Multistrategy |
| StoneWater Capital Asia (Ex-Japan) LLC | StoneWater Capital LLC | -50.40% | HF Fund of Funds - Equity |
| 3A Windrider EUR | Alternative Asset Advisors SA | -50.38% | HF Fund of Funds - Multistrategy |
| RAB Diversified Commodities Fd Ltd. A | Rab Capital PLC | -50.12% | HF Fund of Funds - Derivatives |
| Gottex Market Neutral Fund Class AA | Gottex Fund Mgmt. | -47.81% | HF Fund of Funds - Multistrategy |
| Generali Hedg Fds Event Driven B EUR Acc. | BSI SA | -47.70% | HF Fund of Funds - Event |
| Generali Hedge Fds Multi Arbit G EUR Acc. | BSI SA | -46.75% | HF Fund of Funds - Nondirectional |
| Grandway Multi-Strategy Fund Ltd. Class A | Grandway Asset Mgmt. Inc | -45.68% | HF Fund of Funds - Multistrategy |
| Select Gottex Enhanced Market Neutral AUD | Select Asset Mgmt. Ltd. | -44.53% | HF Fund of Funds - Multistrategy |
| Source: Morningstar Inc. | |||
Reproductions and distribution of the above news story are strictly prohibited. To order reprints and/or request permission to use the article in full or partial format please contact our Reprint Sales Manager at (732) 723-0569.
P&I Online Features
Russell confused at crossroads
Russell Investments still needs to figure out what it wants to be when it grows up.
By Randy Diamond2010 could to be a banner year for hedge funds
If 2009 was the worst of times for institutional investment in hedge funds and funds of funds, 2010 is shaping up to be among the best.
By Christine WilliamsonCorporate pension plans jumping to LDI
Pension funds in the U.S. and U.K. — especially large corporate plans — are piling into liability-driven investing, a strategy expected to accelerate sharply as market conditions and pension funding levels improve.
By Drew CarterAdvertisement


