{"id":4162,"date":"2006-03-22T00:00:00","date_gmt":"2006-03-22T00:00:00","guid":{"rendered":""},"modified":"-0001-11-30T00:00:00","modified_gmt":"-0001-11-30T04:00:00","slug":"long-and-short-of-it-hedge-funds-best","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/03\/2006\/long-and-short-of-it-hedge-funds-best.html","title":{"rendered":"Long and short of it: hedge funds best"},"content":{"rendered":"<p>  <span class=\"bodytext\">AUSTRALIA&#8217;S equity hedge funds bested the broad market and their struggling international peers last year &#8211; returning 17.47 per cent on average, according to figures recently  published by LCA Publications in its Australia Hedge Quarterly.<br \/><\/span><\/p>\n<p>  That return not only beat the MSCI long-short index, which notched up 14.5 per cent last year, but also the All Ordinaries index, which rose 16.18 per cent in calendar 2005.<\/p>\n<p>  <span class=\"bodytext\">Around the world, long-short equity funds, the largest sub-sector of the hedge fund industry, suffered from directionless markets. They ended the year up just 9.68 per  cent.<\/span><\/p>\n<p>  <span class=\"bodytext\">The biggest winner last year among Australia&#8217;s long-short equity funds was the fast-growing Mathews Capital Sabre Fund, which generated an 89.2 per cent return last year net  of fees.<\/span><\/p>\n<p>  <span class=\"bodytext\">The Sabre Fund was voted best international hedge fund by Hedge Fund Intelligence last year, helping Philip Mathews to build up his funds under management to an estimated  $700 million.<\/span><\/p>\n<p><span class=\"bodytext\">Over the past two years, the fund has generated an astonishing 364 per cent return.<\/span><\/p>\n<p>  <a href=\"http:\/\/www.google.com\/news\/url?sa=T&amp;ct=us\/2-0&amp;fd=R&amp;url=http:\/\/www.theaustralian.news.com.au\/common\/story_page\/0,5744,18555851%25255E643,00.html&amp;cid=0\">Read Complete  Article<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>AUSTRALIA&#8217;S equity hedge funds bested the broad market and their struggling international peers last year &#8211; returning 17.47 per cent on average, according to figures recently published by LCA Publications in its Australia Hedge Quarterly. That return not only beat [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-4162","post","type-post","status-publish","format-standard","hentry","category-syndicated"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/4162","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/comments?post=4162"}],"version-history":[{"count":0,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/4162\/revisions"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=4162"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=4162"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=4162"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}