Hedge Weekly N°52
Investment Funds Performance Review
HSBC Alternative Investment Group
Week of Monday 23 Dec to Friday 27 Dec 2024
Index by Strategies
3
Index by Funds
5
Top/Bottom 20
9
Newsletter
12
About This Document
60
Past performance is not a reliable indicator of future performance.
HSBC Alternative Investment Group
|
2
Convertible Arbitrage
Convertible
12
Credit Long/Short
Credit
Diversified
13
19
Distressed
Credit
Distressed Security
20
21
Equity Long/Short
Equity-Diversified
Equity-Energy
Equity-Financial
Equity-Healthcare
Equity-Market Neutral
Equity-Mid-Small Cap
Equity-Real Estate
Equity-Technology
Equity-Utility
Fixed Income
Long/Short
Credit
Diversified
Fixed Income
Past performance is not a reliable indicator of future performance.
Source - HSBC
40
40
Macro
Commodity
Commodity-Systematic
Diversified
Systematic
32
32
33
33
34
35
Merger Arbitrage
36
36
36
Unclassified
CTA
Diversified
Multi-Strategy
Systematic
41
41
42
45
46
46
46
50
Market Neutral
Equity Diversified
Equity Market Neutral
Equity-Diversified
Multi-Strategy
Systematic
Merger-Arbitrage
51
51
51
52
52
53
Multi-Strategy
Credit
Diversified
Multi-Strategy
Systematic
ESG
54
54
56
57
58
Volatility Arbitrage
Fund of Funds
Credit
Equity-Diversified
Equity-Energy
Managed Futures
Fixed Income Arbitrage
38
39
Long Only
22
28
28
28
29
29
30
30
30
30
31
Event Driven
Credit
Diversified
Equity-Diversified
Merger-Arbitrage
Multi-Strategy
XX
Distressed
Multi-Strategy
38
Arbitrage
59
HSBC Alternative Investment Group
|
3
Diversified
Past performance is not a reliable indicator of future performance.
Source - HSBC
59
HSBC Alternative Investment Group
|
4
1
1 SHARPE OPPORTUNITY FUND
17
14B INVESTMENTS FUND LLC
34
1798 BEAR CONVEXITY FUND
59
1798 CREDIT CONVEXITY FUND
54
1798 FUNDAMENTAL STRATEGIES FU
54
1798 VOLANTIS FUND LTD CLASS C
29
4
400 CAPITAL CREDIT OPPORTUNITI
14
A
ACCENDO CAPITAL SICAV SIF
33
ACCUMULUS FUND
38
ALTUM CREDIT MASTER FUND LTD
15
BLUEBAY GLOBAL CREDIT ALPHA LO
15
CFM ISTRENDS (IST) - ENHANCED
47
ANANDA LONG TERM OPPORTUNITIES
23
BLUEBAY GLOBAL SOVEREIGN OPPOR
42
CFM ISTRENDS (IST) PROGRAM
47
AQR APEX COMPOSITE
57
BLUEBELL ACTIVE EQUITY FUND
33
CFM ISTRENDS EQUITY CAPPED (IS
47
AQR HELIX COMPOSITE
47
BOOTHBAY ABSOLUTE RETURN STRAT
54
CFM ISTRENDS EQUITY CAPPED (IS
48
AQS MENA FUND
22
BOOTHBAY DIVERSIFIED ALPHA MAS
55
CFM STRATUS FUND LTD CL. B USD
55
AQUILUS INFLECTION FUND LTD E
23
BOUSSARD & GAVAUDAN HOLDING LT
55
CFM SYSTEMATIC GLOBAL MACRO (S
44
ARISTEIA INTERNATIONAL LTD
15
BREVAN HOWARD FUND, LTD - USD
43
CHENAVARI TORO LIMITED
14
ARP PUBLIC OPPORTUNITIES FUND
42
BREVAN HOWARD M/S FUND, LTD –
55
CHEYNE EMEA FUND CLASS X1
22
ASGARD FIXED INCOME FUND LTD
15
BRIGADE LEVERAGED CAPITAL STRU
17
CLEAN ENERGY FUND
40
ASPECT DIVERSIFIED FUND - CLAS
47
BROAD REACH EXPLORER FUND LTD
47
CONCISE SHORT TERM HIGH YIELD
15
ASTRA SPECIALIST CREDIT INVEST
15
BRUMMER MULTISTRATEGY 2XL, LTD
55
CONCISE SHORT TERM LOW VOLATIL
15
ASYMETRIX
47
BTG PACTUAL RATES FUND LP
37
CONTEXT PARTNERS MASTER FUND
12
AVIVA INVESTOR MULTI-STRATEGY
42
BUTLER CREDIT OPPORTUNITIES UC
13
COOPER CREEK PARTNERS LLC
29
AVM GLOBAL OPPORTUNITY FUND
42
COPPER STREET CAPITAL FUND CLA
14
AXEBROOK CREDIT ALPHA MASTER F
15
CORRE OPPORTUNITIES QUALIFIED
34
AXONIC CREDIT OPPORTUNITIES FU
15
AXONIC SYSTEMATIC ARBITRAGE FU
36
ACER TREE CREDIT OPPORTUNITIES
13
AG MORTGAGE VALUE PARTNERS LTD
14
AG SUPER FUND, L.P.
32
AGORA FUND LTD
51
BDL REMPART
AHL ALPHA
47
AHL DIMENSION
46
AHL DIVERSIFIED
ALCENTRA STRUCTURED CREDIT OPP
C
CAIUS CAPITAL MASTER FUND
20
COVALIS CAPITAL MASTER FUND L
23
CQS ABS FEEDER FUND - CLASS -B
16
CRC BOND OPPORTUNITY TRADING F
16
CAMPBELL OFFSHORE FUND LIMITED
57
CAMPBELL OFFSHORE FUND LIMITED
47
CANTOR FITZGERALD ALTERNATIVE
24
24
CAPEVIEW AZRI 2X FUND LTD
23
BEACH POINT TOTAL RETURN OFFSH
17
CAPEVIEW AZRI FUND LTD
23
DB PLATINUM IV DBX SYSTEMATIC
48
BG UMBRELLA FUND PLC
34
CAPEVIEW AZRI STRATEGIC FUND L
23
DB PLATINUM QUANTICA MANAGED F
48
47
BH-DG SYSTEMATIC TRADING FUND
47
CAPITAL FOUR CREDIT OPPORTUNIT
13
DG MACRO FUND LTD
43
15
BIG DIVERSIFIED MACRO FUND
42
CAPSTONE DISPERSION MASTER FUN
59
DIAMOND NEUTRAL FUND CLASS A1
38
ALEGRA ABS I FUND (EUR)
13
BLACK DIAMOND CREDIT STRATEGIE
20
CARMIGNAC PORTFOLIO LONG-SHORT
23
DOUBLE BLACK DIAMOND LTD - SER
55
ALEUTIAN FUND CLASS C
54
BLACKROCK 32 CAPITAL MASTER FU
52
CARRHAE CAPITAL FUND CLASS A1
25
DUNN WMA FUND SA
48
ALGER SICAV - ALGER DYNAMIC OP
27
BLACKROCK EMERGING COMPANIES H
27
CARRHAE CAPITAL LONG FUND CLAS
40
DUNN WMA INSTITUTIONAL UCITS F
48
ALKEN CAPITAL ONE CLASS J
23
BLACKROCK FIXED INCOME GLOBAL
37
CASSIOPEIA FUND CLASS B
59
ALPHA UCITS AMBER EQUITY FUND
33
BLACKROCK UK EQUITY HEDGE FUND
27
CASTLEKNIGHT MASTER FUND LP
32
ALPHA UCITS FAIR OAKS DYNAMIC
15
BLACKSTONE STRATEGIC OPPORTUNI
54
CELLO FIXED INCOME MASTER FUND
36
ALPHANATICS FUND
52
BLUEBAY EMERGING MARKET CREDIT
13
CENTAUR GLOBAL ALPHA FUND LTD
52
ALPHAQUEST ORIGINAL PROGRAM (A
47
BLUEBAY EVENT DRIVEN CREDIT FU
32
CFM DISCUS COMPOSITE PROGRAM
46
B
Past performance is not a reliable indicator of future performance.
Source - HSBC
D
E
ECF VALUE FUND INTERNATIONAL L
34
ECKHARDT FUTURES L.P
48
HSBC Alternative Investment Group
|
5
EIP CHINA COVERTIBLE BOND SP
12
GCI JAPAN HYBRIDS CLASS S
56
EIP CHINA MULTI STRATEGY FUND
54
GCI SYSTEMATIC MACRO STRATEGY
44
EJF FINANCIAL SERVICES FUND LP
28
GEMCORP FUND I LIMITED
13
ELECTRON GLOBAL FUND, L.P.
30
GEMSSTOCK FUND - B1 USD
43
ELLINGTON CREDIT OPPORTUNITIES
36
GIM PORTFOLIO STRATEGIES – EUR
24
ELLINGTON MORTGAGE OPPORTUNITI
36
GLAZER ENHANCED OFFSHORE FUND
53
ENERGY DYNAMICS FUND LIMITED
28
GLENVIEW CAPITAL PARTNERS (CAY
27
ENGADINE EQUITY FUND
24
GLOBAL CARBON OPPORTUNITY FUND
41
ENGINE CAPITAL, LP
33
GOLDEN CHINA FUND NR CLASS
22
ENKO AFRICA DEBT FUND
41
GOLDEN NEST GREATER CHINA FUND
22
EPISODE INC. CLASS A
43
GOLDMAN SACHS FUNDS II - GLOBA
38
EPISTEME SYSTEMATIC QUEST TR (
44
GRESHAM QUANT ACAR FUND
48
JENOP GLOBAL HEALTHCARE FUND L
41
JK GLOBAL OPPORTUNITIES FUND
JPMORGAN INVESTMENT GLOBAL MAC
EQUITILE RESILIENCE FUND
40
EXPONENTIAL AGE DIGITAL ASSET
38
GZC STRATEGIC COMMODITIES FUND
I
INDUS JAPAN LONG ONLY JAPAN
40
INDUS PACIFIC OPPORTUNITIES FU
22
INDUS SELECT MASTER FUND LTD
40
INFLECTION POINT INVESTMENTS C
30
IRONSHIELD SPECIAL SITUATIONS
32
IXI GROW FUND
46
LANSDOWNE EUROPEAN LONG ONLY F
40
LANSDOWNE PRINCAY FUND
24
LAZARD EUROPEAN ALTERNATIVE FU
24
LAZARD RATHMORE PLUS LTD
12
LAZARD RATHMORE STRATEGY
12
LEONIS FUND SPC - CAPLAND ALTE
39
LINDEN CAPITAL
55
LITESPEED MASTER FUND LTD
34
LO FUNDS-EVENT DRIVEN
34
LTS GLOBAL EMERGING MARKETS FU
13
LUCERNE CAPITAL FUND L.P.
24
28
LUMYNA MW TOPS (MARKET NEUTRAL
51
55
LYNX (BERMUDA) LTD
48
55
LYNX BERMUDA 1.5 LTD
49
J
H
K
F
FARRINGDON ALPHA ONE
25
M
HARVEY PARTNERS LLC
29
HARVEY PARTNERS SMALL-CAP OPPO
40
KEMPEN DIVERSIFIED DISTRESSED
38
M. KINGDON OFFSHORE NV - A/1
25
38
FJ CAPITAL FINANCIAL OPPORTUNI
27
HAVEN COVE ABSOLUTE RETURN FUN
14
KEMPEN DIVERSIFIED STRUCTURED
MAN AHL EVOLUTION
49
FLORIN COURT CAPITAL
48
HEADSTART FUND OF FUNDS
38
KEMPEN NON DIRECTIONAL PARTNER
39
MAN AHL EVOLUTION FRONTIER LIM
49
FORT GLOBAL DIVERSIFIED
48
HELIUM SELECTION
34
KING STREET CAPITAL LTD
20
MAN GLG ALPHA NOVUS CLASS B GB
52
37
KING STREET EUROPE, LTD
32
FULCRUM MULTI ASSET TREND FUND
48
HFREU PROXIMUS FUND
MAN GLG ALPHA SELECT ALTERNATI
51
FULCRUM THEMATIC EQUITY MARKET
51
HIGH GROUND INVESTMENT MANAGEM 25
KITE LAKE (KL) EVENT DRIVEN UC
53
MAN GLG EUROPEAN EQUITY ALTERN
51
HIGH GROUND INVESTMENT MANAGEM 25
KITE LAKE (KL) SPECIAL OPPORTU
34
MAN GLG GLOBAL CREDIT MULTI ST
19
HILDENE OPPORTUNITIES MASTER F
16
KRYGER EVENT FUND
34
MAN GLG INNOVATION EQUITY ALTE
25
HILDENE OPPORTUNITIES MASTER F
18
MAN MULTI-STRATEGY CLASS A USD
55
HONDIUS MACRO
43
MAN NUMERIC QUANTITATIVE ALPHA
31
MAN NUMERIC SYSTEMATIC CREDIT
16
MAN STRATEGIES 1783 CLASS A U
55
MANDARIN OFFSHORE FUND LTD P-U
22
MARINER ATLANTIC MULTI-STRATEG
55
MARSHALL WACE - MW TOPS FUND
24
MARSHALL WACE - MW EUREKA FUND
25
HSBC Alternative Investment Group
|
G
GABELLI ASSOCIATES LIMITED
53
GAM STAR GLOBAL RATES CLASS US
43
GAM SYSTEMATIC CORE MACRO (CAY
48
GAMCO MERGER ARBITRAGE
53
GAVEA FUND LTD . CLASS A S/1
42
GCA CREDIT OPPORTUNITIES MASTE
17
GCA ENHANCED MASTER FUND LTD
HSBC GH FUND USD
39
HSBC UCITS ADVANTEDGE FUND - U
39
HUDSON BAY INTERNATIONAL FUND
56
HUDSON COVE CREDIT OPPORTUNITY
18
17
Past performance is not a reliable indicator of future performance.
Source - HSBC
L
L1 CAPITAL GLOBAL OPPORTUNITIE
52
L1 CAPITAL LONG SHORT FUND
22
LANCASTER ABSOLUTE RETURN FOCU
25
LANDSEER AM EUROPEAN EQUITY FO
29
LANSDOWNE DEVELOPED MARKETS LO 40
6
MARSHALL WACE - MW GLOBAL OPPO
25
OPTOFLEX I
59
PSAM REBOUND PORTFOLIO FUND LT
20
SCHRODER GAIA SIRIOS US EQUITY
27
MASSAR MACRO COMMODITY FUND
43
ORCHARD LIQUID CREDIT FUND
16
PSAM WORLDARB MASTER FUND LTD
35
SCHRODER ISF EMERGING MARKET D
42
MAVERICK FUND LTD - CLASS A/1
25
ORTUS OPPORTUNITY FUND
43
SCIO EUROPEAN SECURED CREDIT F
14
SCIO OPPORTUNITY FUND
14
SCOPIA PX INTERNATIONAL LTD
51
SCULPTOR CREDIT OPPORTUNITIES
20
SCULPTOR MASTER FUND
56
SEER CAPITAL PARTNERS OFFSHORE
17
MERCHANT COMMODITY FUND (THE)
41
OWL CREEK OVERSEAS FUND LTD
35
METEORA SELECT TRADING OPPORTU
34
OWS CREDIT OPPORTUNITY FUND
20
METRICA ASIA EVENT DRIVEN FEED
33
OWS LSAR OFFSHORE FUND, LTD.
54
MIDOCEAN ABSOLUTE RETURN CREDI
18
MILL HILL CONVEX CREDIT FUND L
18
MILL HILL CREDIT OPPORTUNITIES
18
MILLBURN COMMODITY PROGRAM
41
MILLBURN DIVERSIFIED PROGRAM
49
MILLBURN MULTI-MARKETS PROGRAM
46
MILLBURN RESOURCE OPPORTUNITIE
41
MILLENNIUM INTERNATIONAL LTD
56
MLM MACRO PEAK PARTNERS OFFSH
43
MONEDA LATIN AMERICAN CORPORAT
13
MUDRICK DISTRESSED OPPORTUNITY
20
N
NAPIER PARK ETON FUND LTD
PACIFIC G10 MACRO RATES
43
PALOMA INTERNATIONAL LTD CLASS
56
PARALOS LS EQUITIES FUND
31
PARUS FUND PLC USD CLASS
25
PCAM BLUE CHIP LTD.
39
PCAM SELECT SUB-FUND
39
PGIM WADHANI SYSTEMATIC ABSOLU
49
PGIM WADHANI TREND PLUS STRATE
49
PGIM WADHWANI SYSTEMATIC ABSOL
46
PHARO AFRICA FUND LTD
42
PHARO GAIA FUND LTD
42
43
NEUBERGER BERMAN US LONG SHORT 27
PIMCO ABSOLUTE RETURN STRATEGY
43
NICKEL DIGITAL ASSET MANAGEMEN
PIMCO GLOBAL CROSS-ASSET OPPOR
56
52
29
NORTHLIGHT EUROPEAN FUNDAMENTA 14
O
OAM ABSOLUTE RETURN FUND
28
OBSIDIAN RELATIVE VALUE STRATE
37
OCTAGON HIGH INCOME FUND
18
ONE RIVER SYSTEMATIC TREND 18
49
ONE WILLIAM STREET CAPITAL FUN
16
49
QUANTEDGE GLOBAL FUND
44
SEGANTII ASIA-PACIFIC EQUITY M
54
51
SELIGMAN TECH SPECTRUM FUND CL
30
REDHEDGE RV CORPORATE BONDS FU 36
SELWOOD LIQUID CREDIT STRATEGY
17
REDHEDGE SYNERGY TOTAL RETURN
36
SENVEST PARTNERS, LTD - CLASS
29
REDWOOD OFFSHORE FUND
20
SERONE EUROPEAN SPECIAL SITUAT
32
RENAISSANCE INSTITUTIONAL DIVE
52
SERONE EUROPEAN SPECIAL SITUAT
32
RENAISSANCE INSTITUTIONAL EQUI
27
SERONE KEY OPPORTUNITIES FUND
14
RIPOSTE GLOBAL OPPORTUNITY FUN
26
SHENKMAN OPPORTUNISTIC CREDIT
21
ROW DIVERSIFIED FUND LP
49
SHIPROCK CAPITAL MASTER FUND L
21
ROY G. NIEDERHOFFER DIVERSIFIE
49
SIERRA EUROPE OFFSHORE, LTD -
24
RP SELECT OPPORTUNITIES FUND
16
SMART ALPHA PROGRAM 2X
50
RPD OPPORTUNITY FUND LP
26
SMN DIVERSIFIED FUTURES FUND
50
RQSI GLOBAL ASSET ALLOCATION
44
SOUTHERN RIDGES MACRO FUND
44
SPF SECURITIZED PRODUCTS MASTE
17
SPHEREINVEST GLOBAL CREDIT STR
17
SPINNAKER GLOBAL EMERGING MARK
42
SPRING SUBORDINATED DEBT FUND
17
SPX SEGREGATED PORTFOLIO EAGLE
44
SVELLAND GLOBAL TRADING FUND
41
SVM FUNDS ICVC - UK OPPORTUNIT
27
SYSTEM 2 MASTER FUND LTD
12
SYSTEMATICA ALTERNATIVE MARKET
50
SYSTEMATICA BLUETREND FUND, LT
50
SYSTEMATICA CHINA MARKETS FUND
50
HSBC Alternative Investment Group
|
RAM EUROPEAN MARKET NEUTRAL EQ
S
PIMCO TACTICAL OPPORTUNITIES F
16
PINPOINT CHINA FUND CLASS A
22
SABA CAPITAL CARRY NEUTRAL TAI
16
PINPOINT MULTI-STRATEGY FUND -
54
SABA CAPITAL CEF OPPORTUNITIES
30
PLATINUM FUND LTD
25
SABA CAPITAL MARKET NEUTRAL
16
POLAR CAPITAL EUROPEAN FORAGER
29
SABA CAPITAL PARTNERS LP
17
PRIVILEDGE AMBER EVENT EUROPE
34
SAGIL LATIN AMERICAN OPPORTUNI
23
PRIVILEDGE GRAHAM QUANT MACRO
44
SANDBAR MASTER FUND LTD
51
PROMERITUM EM SEGREGATED FUND
42
SANDLER PLUS OFFSHORE FUND LTD
27
PROPHET OPPORTUNITY PARTNERS L
18
SCHRODER GAIA BLUETREND USD C
49
PROXY P RENEWABLE L/S ENERGY
Past performance is not a reliable indicator of future performance.
Source - HSBC
QMS DIVERSIFIED GLOBAL MACRO
R
PHARO MACRO FUND LTD
NORTH PEAK CAPITAL PARTNERS
14
P
Q
28
SCHRODER GAIA EGERTON EQUITY -
26
7
SYSTEMATICA MACRO RV FUND LIMI
45
SYZ CAPITAL UNCORRELATED I USD
39
SYZCREST DIGITAL UNCORRELATED
39
T
VT ARGONAUT ABSOLUTE RETURN
26
W
WAHA EMERGING MARKETS CREDIT F
13
WAHA MENA EQUITY FUND
23
TELLIGENT GREATER CHINA FUND
22
WATERFRONT CP ENHANCED MASTER
29
THE ARGO FUND
13
WATERFRONT CP MASTER FUND LTD
30
TIG ARBITRAGE ENHANCED FUND
33
WELLINGTON MANAGEMENT INV BERM
28
TILDEN PARK OFFSHORE INVESTMEN
18
WELTON GLOBAL
50
TM FULCRUM DIVERSIFIED ABSOLUT
44
WESTBECK ENERGY OPPORTUNITY FU
41
TREFOIL SELECT FUNDS SPC - STY
26
WESTBECK ENERGY TRANSITION UCI
28
TRIUM CREDERE FUND
12
WESTBECK VOLTA FUND
28
TRIUM ESG EMISSIONS IMPACT FUN
24
WEXFORD CATALYST FUND LP
56
TRIUM KHARTES FUND
53
WEXFORD CREDIT OPPORTUNITIES F
20
TRIUM LARISSA GLOBAL MACRO FUN
44
WEXFORD FOCUSED EQUITIES FUND
26
TT MID-CAP EUROPE LONG/SHORT F
24
WEXFORD SPECTRUM FUND LP
56
TULIP TREND FUND, LTD - A
50
WHG ALPHA GLOBAL FUND
56
TWO SEAS GLOBAL FUND
35
WHG GLOBAL LONG BIAS FUND
26
WHITEBOX MULTI-STRATEGY FUND
35
WINTON CHINA QUANTITATIVE FUND
50
WINTON DIVERSIFIED MACRO FUND
50
WINTON FUND
46
WINTON SYSTEMATIC UNIVERSAL MO
50
WINTON TREND FUND (UCITS)
50
WS LANCASTER ABSOLUTE RETURN F
26
U
UNION SQUARE PARK PARTNERS LP
32
V
VANECK DIGITAL ASSETS ALPHA FU
58
VARADERO INTERNATIONAL LTD
18
VARENNE SELECTION
26
VARENNE UCITS - VARENNE GLOBAL
26
VARENNE UCITS - VARENNE VALEUR
26
VAZIRANI OFFSHORE LTD
33
VOLT DIVERSIFIED ALPHA FUND
45
VR GLOBAL OFFSHORE FUND LTD
21
X
XEQOS FUND LIMITED
Z
ZEAL CHINA FUND LTD - USD -NI
Past performance is not a reliable indicator of future performance.
Source - HSBC
50
22
HSBC Alternative Investment Group
|
8
Top
Investment Funds
Bottom
Date
Investment Funds
EXPONENTIAL AGE DIGITAL ASSET FUND (OFFSHORE)
LTD
Return
61.87
30 Nov 24
PROXY P RENEWABLE L/S ENERGY
Return
-16.82
30 Nov 24
Date
GRESHAM QUANT ACAR FUND
-15.92
13 Dec 24
VANECK DIGITAL ASSETS ALPHA FUND
56.15
30 Nov 24
LANCASTER ABSOLUTE RETURN FOCUS FUND
-14.49
30 Nov 24
TWO SEAS GLOBAL FUND
35.70
30 Nov 24
SMART ALPHA PROGRAM 2X
-13.09
30 Sep 24
NICKEL DIGITAL ASSET MANAGEMENT DIVERSIFIED
ALPHA
34.91
12 Dec 24
RQSI GLOBAL ASSET ALLOCATION
-11.39
30 Nov 24
SHIPROCK CAPITAL MASTER FUND LP
34.42
30 Nov 24
FLORIN COURT CAPITAL
-11.31
30 Nov 24
-10.84
30 Nov 24
QUANTEDGE GLOBAL FUND
34.10
30 Nov 24
ROY G. NIEDERHOFFER DIVERSIFIED OFFSHORE FUND
DUNN WMA FUND SA
32.64
30 Nov 24
SMN DIVERSIFIED FUTURES FUND
-10.62
30 Nov 24
-10.52
30 Nov 24
EJF FINANCIAL SERVICES FUND LP
31.22
30 Nov 24
RPD OPPORTUNITY FUND LP
WELLINGTON MANAGEMENT INV BERMUDA LTD BAY
POND A/1 NI
30.15
30 Sep 24
ACCENDO CAPITAL SICAV SIF
-8.67
30 Nov 24
FARRINGDON ALPHA ONE
-7.46
23 Dec 24
CASTLEKNIGHT MASTER FUND LP
29.66
30 Nov 24
20 Dec 24
28.27
30 Nov 24
SYSTEMATICA ALTERNATIVE MARKETS FUND LTD
(SAM) - CLASS C USD
-7.38
FJ CAPITAL FINANCIAL OPPORTUNITY FUND LTD
CFM ISTRENDS (IST) - ENHANCED 1.5X PROGRAM
27.76
13 Dec 24
MAN AHL EVOLUTION
-7.10
20 Dec 24
VR GLOBAL OFFSHORE FUND LTD
26.99
31 Oct 24
BH-DG SYSTEMATIC TRADING FUND LTD
-6.10
30 Sep 24
-6.09
20 Dec 24
OWL CREEK OVERSEAS FUND LTD
26.31
20 Dec 24
SYSTEMATICA BLUETREND FUND, LTD -USD- CLASS A
MAN NUMERIC QUANTITATIVE ALPHA FUND
25.56
30 Sep 24
SCHRODER GAIA BLUETREND USD C ACC
-5.80
20 Dec 24
MAN AHL EVOLUTION FRONTIER LIMITED
-5.79
20 Dec 24
ALGER SICAV - ALGER DYNAMIC OPPORTUNITIES FUND
CLASS Z US
24.93
23 Dec 24
ZEAL CHINA FUND LTD - USD -NI
-5.64
30 Nov 24
SABA CAPITAL CEF OPPORTUNITIES 1, LTD
24.16
13 Dec 24
VARENNE SELECTION
-4.93
30 Nov 24
ORCHARD LIQUID CREDIT FUND
-4.73
31 Oct 24
RIPOSTE GLOBAL OPPORTUNITY FUND LP
23.12
30 Nov 24
ALCENTRA STRUCTURED CREDIT OPPORTUNITIES
FUND II
23.09
30 Nov 24
PSAM REBOUND PORTFOLIO FUND LTD
22.94
30 Sep 24
This ranking is for information only and should not be considered as exhaustive.
Past performance is not a reliable indicator of future performance.
Source - HSBC
HSBC Alternative Investment Group
|
9
Top
Investment Funds
Bottom
Date
Investment Funds
VANECK DIGITAL ASSETS ALPHA FUND
Return
164.54
31 Dec 23
ACCENDO CAPITAL SICAV SIF
Return
EXPONENTIAL AGE DIGITAL ASSET FUND (OFFSHORE)
LTD
107.91
31 Dec 23
HAVEN COVE ABSOLUTE RETURN FUND
-23.88
31 Dec 23
ZEAL CHINA FUND LTD - USD -NI
-21.61
31 Dec 23
14B INVESTMENTS FUND LLC
63.16
31 Dec 23
MAVERICK FUND LTD - CLASS A/1
34.21
31 Dec 23
SHIPROCK CAPITAL MASTER FUND LP
32.44
31 Dec 23
ANANDA LONG TERM OPPORTUNITIES FUND ALTO L
CLASS USD
30.71
31 Dec 23
QUANTEDGE GLOBAL FUND
29.71
31 Dec 23
SABA CAPITAL CARRY NEUTRAL TAIL HEDGE MASTER
-16.74
31 Dec 23
-16.20
31 Dec 23
-48.46
Date
31 Dec 23
SPX SEGREGATED PORTFOLIO EAGLE
-19.54
31 Dec 23
FARRINGDON ALPHA ONE
-19.18
31 Dec 23
LANCASTER ABSOLUTE RETURN FOCUS FUND
-18.24
31 Dec 23
SABA CAPITAL PARTNERS LP
-16.87
31 Dec 23
VR GLOBAL OFFSHORE FUND LTD
27.86
31 Dec 23
DUNN WMA FUND SA
ALCENTRA STRUCTURED CREDIT OPPORTUNITIES
FUND II
27.36
31 Dec 23
WELTON GLOBAL
-16.18
31 Dec 23
PROXY P RENEWABLE L/S ENERGY
-15.98
31 Dec 23
ALEGRA ABS I FUND (EUR)
25.31
31 Dec 23
ORCHARD LIQUID CREDIT FUND
-15.39
31 Dec 23
WHG GLOBAL LONG BIAS FUND
25.09
31 Dec 23
LYNX BERMUDA 1.5 LTD
-14.01
31 Dec 23
ECF VALUE FUND INTERNATIONAL LTD
24.34
31 Dec 23
RQSI GLOBAL ASSET ALLOCATION
-13.27
31 Dec 23
WAHA MENA EQUITY FUND
24.34
31 Dec 23
ALPHAQUEST ORIGINAL PROGRAM (AQO)
-12.86
31 Dec 23
OAM ABSOLUTE RETURN FUND
24.21
31 Dec 23
GEMSSTOCK FUND - B1 USD
-11.66
31 Dec 23
AQS MENA FUND
23.69
31 Dec 23
PGIM WADHANI TREND PLUS STRATEGY (KLQS)
-11.56
31 Dec 23
LANSDOWNE PRINCAY FUND
22.94
31 Dec 23
QMS DIVERSIFIED GLOBAL MACRO
-9.98
31 Dec 23
SERONE KEY OPPORTUNITIES FUND
22.79
31 Dec 23
ELECTRON GLOBAL FUND, L.P.
-9.80
31 Dec 23
SELWOOD LIQUID CREDIT STRATEGY
22.70
31 Dec 23
SCHRODER GAIA BLUETREND USD C ACC
-9.12
31 Dec 23
WELLINGTON MANAGEMENT INV BERMUDA LTD BAY
POND A/1 NI
22.52
31 Dec 23
TRIUM LARISSA GLOBAL MACRO FUND
22.34
31 Dec 23
This ranking is for information only and should not be considered as exhaustive.
Past performance is not a reliable indicator of future performance.
Source - HSBC
HSBC Alternative Investment Group
|
10
Top
Investment Funds
Bottom
Date
Investment Funds
TREFOIL SELECT FUNDS SPC - STYLUS SP
Return
90.68
31 Dec 22
DUNN WMA FUND SA
61.48
31 Dec 22
EXPONENTIAL AGE DIGITAL ASSET FUND (OFFSHORE)
LTD
ROY G. NIEDERHOFFER DIVERSIFIED OFFSHORE FUND
59.73
31 Dec 22
LYNX BERMUDA 1.5 LTD
58.39
31 Dec 22
TRIUM LARISSA GLOBAL MACRO FUND
56.04
31 Dec 22
AQR HELIX COMPOSITE
49.12
31 Dec 22
SVELLAND GLOBAL TRADING FUND
46.66
31 Dec 22
WESTBECK ENERGY OPPORTUNITY FUND
46.12
31 Dec 22
MERCHANT COMMODITY FUND (THE) - COMPOSITE
45.17
31 Dec 22
COOPER CREEK PARTNERS LLC
42.43
31 Dec 22
ASPECT DIVERSIFIED FUND - CLASS A
40.46
31 Dec 22
LYNX (BERMUDA) LTD
36.81
31 Dec 22
CFM ISTRENDS EQUITY CAPPED (ISTEC) - ENHANCED
1.5X PROGRAM
36.47
31 Dec 22
CFM DISCUS COMPOSITE PROGRAM
35.12
31 Dec 22
CFM ISTRENDS (IST) - ENHANCED 1.5X PROGRAM
33.99
31 Dec 22
TULIP TREND FUND, LTD - A
32.93
31 Dec 22
BH-DG SYSTEMATIC TRADING FUND LTD
32.54
31 Dec 22
PGIM WADHANI TREND PLUS STRATEGY (KLQS)
31.86
31 Dec 22
CAMPBELL OFFSHORE FUND LIMITED SPC - CAMPBELL
MANAGED FUTURES CLASS A
31.41
31 Dec 22
DG MACRO FUND LTD
30.05
31 Dec 22
Return
-67.40
Date
31 Dec 22
NORTH PEAK CAPITAL PARTNERS
-43.22
31 Dec 22
TELLIGENT GREATER CHINA FUND
-38.76
31 Dec 22
LUCERNE CAPITAL FUND L.P.
-38.72
31 Dec 22
EQUITILE RESILIENCE FUND
-31.70
31 Dec 22
ZEAL CHINA FUND LTD - USD -NI
-30.83
31 Dec 22
MAVERICK FUND LTD - CLASS A/1
-28.85
31 Dec 22
INFLECTION POINT INVESTMENTS CO LTD - CLASS A
-27.79
31 Dec 22
ECF VALUE FUND INTERNATIONAL LTD
-27.17
31 Dec 22
VARENNE SELECTION
-27.07
31 Dec 22
VARENNE UCITS - VARENNE GLOBAL
-26.01
31 Dec 22
CANTOR FITZGERALD ALTERNATIVE INVESTMENT
FUND
-24.04
31 Dec 22
UNION SQUARE PARK PARTNERS LP
-23.02
31 Dec 22
BLACKROCK EMERGING COMPANIES HEDGE FUND
-22.80
31 Dec 22
INDUS JAPAN LONG ONLY JAPAN
-21.98
31 Dec 22
QUANTEDGE GLOBAL FUND
-21.29
31 Dec 22
JK GLOBAL OPPORTUNITIES FUND
-21.07
31 Dec 22
INDUS SELECT MASTER FUND LTD
-20.99
31 Dec 22
FORT GLOBAL DIVERSIFIED
-20.98
31 Dec 22
GOLDEN CHINA FUND NR CLASS
-20.64
31 Dec 22
This ranking is for information only and should not be considered as exhaustive.
Past performance is not a reliable indicator of future performance.
Source - HSBC
HSBC Alternative Investment Group
|
11
Inception Liquidity Asset
Date
Size
Last NAV Currency
or Index
Date
MTD
YTD
2023
2022
2021
2020
2019
Ann.
Return
Ann.
Volatility
Ytd Avg. 2024
18.82%
0.42% 18.82%
9.91%
7.6%
14.49%
13.53%
9.01%
12.33%
5.33%
Max
Drawdown1
Convertible
Ytd Avg. 2024
13.00%
Convertible/China
EIP CHINA COVERTIBLE BOND 31 Dec 18
SP
Jason Jiang
M
$143M
Nov 24
1,990.79
USD
30 Nov
24
Convertible/Europe
SYSTEM 2 MASTER FUND LTD 30 Jun 19
System 2 Capital LLP - Sean
Oldfield
M
$520M
Jul 24
187.81
USD
31 Oct 24
31 Dec 08
LAZARD RATHMORE PLUS
LTD
Sean Reynolds
30 Sep 20
LAZARD RATHMORE
STRATEGY
Sean Reynolds
31 May 07
TRIUM CREDERE FUND
Oliver Dobbs
31 Aug 17
Q
M
Q/M
M
Ytd Avg. 2024
12.17%
1.94% 12.17%
-1.74%
6.21%
21.48%
26.08%
4.76%
12.52%
4.75%
(5.74%)
Sep 22 - May
23
Convertible/Global
CONTEXT PARTNERS
MASTER FUND
Charles Carnegie
(2.65%)
Jan 22 - Feb
22
$2'439M
Nov 24
8,216.81
$152M
Oct 24
137.61
$2'213M
Oct 24
347.67
$71M
Sep 24
156.40
USD
USD
USD
30 Nov
24
Ytd Avg. 2024
11.74%
1.01% 19.12%
10.99%
0.22%
16.23%
36.69%
11.57%
14.14%
7.46%
(7.32%)
Oct 21 - Jun
22
30 Nov
24
1.05%
31 Oct 24
0.39%
11.75%
7.58%
-8.3%
15.42%
8.14%
7.96%
6.32%
(10.99%)
Jan 22 - Oct
22
7.84%
4.21%
-5.36%
7.66%
17.58%
5.9%
7.41%
6.51%
(16.25%)
Aug 08 - Nov
08
USD
30 Nov
24
0.77%
8.27%
4.95%
2.06%
2.78%
12.01%
9.66%
6.36%
3.26%
(3.34%)
Feb 21 - Jun
21
1. Max Drawdown: Peak to trough.
Past performance is not a reliable indicator of future performance.
Source - HSBC
HSBC Alternative Investment Group
|
12
Inception Liquidity Asset
Date
Size
Last NAV Currency
or Index
Date
MTD
YTD
2023
2022
2021
2020
2019
Ann.
Return
Ann.
Volatility
Ytd Avg. 2024
12.52%
1.33% 20.55%
18.15%
7.07%
5.23%
11.07%
15.29%
9.09%
8.94%
Max
Drawdown1
Credit
Ytd Avg. 2024
9.67%
Credit/Emerging
BLUEBAY EMERGING MARKET 31 Oct 11
CREDIT ALPHA FUND
Anthony Kettle, Polina Kurdyavko
M
GEMCORP FUND I LIMITED
Gemcorp Capital, Gemcorp PM
Team & Parvoleta Shtereva
30 Sep 14
Y
LTS GLOBAL EMERGING
MARKETS FUND LTD
LTS Capital LLP
31 Dec 11
MONEDA LATIN AMERICAN
CORPORATE DEBT FUND -AFernando Tisné and Javier
Montero
30 Sep 07
THE ARGO FUND
Argo Capital Management Ltd Andreas Rialas
30 Sep 00
WAHA EMERGING MARKETS
CREDIT FUND
Waha Investment, Mohemed El
Jamal
31 Dec 11
M
Q
M
M
$283M
Nov 24
313.22
$700M
Nov 24
269.26
$53M
Sep 24
184.18
$755M
Sep 24
3,581.07
$112M
Nov 24
374.19
$1'006M
Nov 24
3,556.63
USD
USD
USD
USD
USD
USD
13 Dec
24
30 Nov
24
0.54%
30 Nov
24
1.30%
23 Dec
24
(0.66%)
30 Nov
24
1.32%
31 Oct 24
0.70%
31 May 20
ALEGRA ABS I FUND (EUR)
30 Jun 04
Alegra Capital (Lie) Ltd, Alfred
Haslinger, Philippe Jodin, Daniel
Riediker
M
BUTLER CREDIT
30 Apr 17
OPPORTUNITIES UCITS FUND
Butler Investment Managers
W
CAPITAL FOUR CREDIT
31 Dec 09
OPPORTUNITIES FUND
Capital Four Management Team
M
7.03%
2.06%
15.23%
12.95%
15.96%
11.64%
10.22%
7.94%
(13.20%)
Feb 20 - Mar
20
7.92%
11.31%
3.35%
0.39%
1.21%
15.7%
5.71%
7.02%
(14.73%)
Feb 20 - Mar
20
12.83%
15.88%
-4.51%
9.19%
-0.71%
6.64%
7.68%
12.19%
(32.05%)
Aug 08 - Dec
08
10.10%
7.83%
-12.54%
5.29%
5.53%
2.18%
5.61%
11.77%
(43.29%)
Jun 08 - Jan
09
16.68%
9.51%
1.86%
7.18%
14.8%
15.43%
10.38%
7.69%
(16.12%)
Jan 20 - Mar
20
Credit/Europe
ACER TREE CREDIT
OPPORTUNITIES FUND
Acer Tree Investment
Management
(16.23%)
Jan 20 - Mar
20
$195M
Nov 24
168.21
€117M
Apr 24
6,181.83
€1'005M
Nov 24
135.90
€55M
Nov 24
210.17
EUR
EUR
EUR
EUR
30 Nov
24
Ytd Avg. 2024
10.80%
0.33%
9.58%
12.03%
4.43%
17.53%
11.64%
12.24%
4.50%
(4.13%)
May 22 - Jun
22
31 Aug
24
0.59%
23 Dec
24
0.76%
30 Nov
24
1.00%
16.87%
25.31%
-14.01%
16.18%
-8.78%
10.39%
9.45%
23.59%
(84.24%)
May 07 May 09
7.25%
9.99%
-3.83%
4.96%
3.09%
7.28%
4.09%
4.03%
(7.19%)
Dec 19 - Mar
20
12.20%
12.55%
-10.02%
11.9%
-8.9%
4.05%
7.97%
10.57%
(30.82%)
Feb 20 - Mar
20
1. Max Drawdown: Peak to trough.
Past performance is not a reliable indicator of future performance.
Source - HSBC
HSBC Alternative Investment Group
|
13
Inception Liquidity Asset
Date
Size
Last NAV Currency
or Index
Date
Credit/Europe
CHENAVARI TORO LIMITED
31 May 09
Chenavari Investment Managers
M
COPPER STREET CAPITAL
FUND CLASS A
Jerry del Missier, Edouard
Quilliou
31 Jul 16
M
HAVEN COVE ABSOLUTE
RETURN FUND
Haven Cove Capital
Management Limited
31 Jan 18
M
NAPIER PARK ETON FUND
31 Aug 10
LTD
Napier Park Global Capital (US)
LP
Q
NORTHLIGHT EUROPEAN
31 Dec 09
FUNDAMENTAL CREDIT FUND
Northlight Group LLP
M
SCIO EUROPEAN SECURED
CREDIT FUND III
SCIO Capital LLP
31 May 20
M
SCIO OPPORTUNITY FUND
AIFM - Waystone Corporate
Services (Lux) SA
30 Apr 16
SERONE KEY
OPPORTUNITIES FUND
Serone Capital Management,
Serj Walia
29 Feb 12
Q/Y
M
$311M
Oct 24
1,864.73
$263M
Jul 24
198.49
$72M
Nov 24
109.01
€1'168M
Oct 24
685.12
$233M
Nov 24
2,445.34
€51M
Nov 24
159.11
€64M
Nov 24
1,886.84
$740M
Aug 24
589.46
EUR
31 Oct 24
31 Jan 09
AG MORTGAGE VALUE
PARTNERS LTD
Angelo, Gordon & Co./ Thomas
Durkin, Yong Joe
30 Apr 09
Q
Q
YTD
2023
2022
2021
2020
2019
Ann.
Return
Ann.
Volatility
Ytd Avg. 2024
10.80%
2.68% 12.66%
12.3%
-6.04%
17%
-7.61%
10.64%
20.88%
11.24%
Max
Drawdown1
(23.42%)
Jan 20 - Apr
20
USD
31 Jul 24
1.81%
8.18%
20.66%
-9.98%
9.31%
9.93%
16.36%
8.94%
8.77%
(15.32%)
Sep 21 - Oct
22
USD
USD
USD
EUR
EUR
USD
30 Nov
24
0.58%
30 Nov
24
1.37%
30 Nov
24
0.77%
30 Nov
24
1.18%
30 Nov
24
0.67%
31 Aug
24
0.42%
Credit/Global
400 CAPITAL CREDIT
OPPORTUNITIES
400 Capital Management
MTD
$2'225M
Nov 24
489.01
$2'690M
Sep 24
498.14
USD
USD
30 Nov
24
30 Sep
24
6.51%
-23.88%
-0.39%
10.44%
5.04%
5.19%
1.27%
7.83%
(28.05%)
Feb 23 - Jul
23
16.82%
18.08%
1.82%
15.73%
28.9%
5.05%
14.45%
11.08%
(23.84%)
Jan 20 - Mar
20
6.89%
4.64%
-3.13%
19.21%
8.75%
3.47%
6.17%
5.89%
(15.29%)
Feb 20 - Mar
20
10.45%
12.16%
7.23%
8.05%
10.86%
10.86%
1.88%
0.00%
Jan 00 - Jan
00
8.31%
10.03%
8.01%
8.18%
5.24%
10.16%
7.67%
2.68%
(5.07%)
Feb 20 - Apr
20
13.84%
22.79%
-11.09%
13.43%
2.49%
9.09%
15.23%
14.07%
(40.11%)
Jan 20 - Apr
20
Ytd Avg. 2024
10.13%
0.61%
9.03%
10.41%
-5.66%
13.57%
1.82%
8.11%
10.54%
7.30%
(20.40%)
Feb 20 - Mar
20
0.68%
10.25%
11.26%
-2.56%
11.43%
-4%
8.89%
10.97%
10.12%
(34.10%)
Feb 20 - Mar
20
1. Max Drawdown: Peak to trough.
Past performance is not a reliable indicator of future performance.
Source - HSBC
HSBC Alternative Investment Group
|
14
Inception Liquidity Asset
Date
Size
Last NAV Currency
or Index
Date
Credit/Global
ALCENTRA STRUCTURED
CREDIT OPPORTUNITIES
FUND II
Alcentra Ltd / Hiram Hamilton
31 Jan 11
ALPHA UCITS FAIR OAKS
DYNAMIC CREDIT FUND
Fair Oaks, Roger Coyle, Miguel
Ramos Fuentenebro
30 Sep 16
ALTUM CREDIT MASTER
FUND LTD
Marjorie Hogan
30 Jun 09
Q
W
Q
ARISTEIA INTERNATIONAL
01 Aug 97
LTD
Anthony M. Frascella, William R.
Techar
Q
ASGARD FIXED INCOME FUND 30 Jun 03
LTD
Morten Mathiesen
M
ASTRA SPECIALIST CREDIT
30 Nov 12
INVESTMENTS LIMITED
Anish Mathur and Christian Adler
Q
AXEBROOK CREDIT ALPHA
30 Jun 20
MASTER FUND LP
Axebrook Capital LLP,Jack Land
Q
AXONIC CREDIT
OPPORTUNITIES FUND LTD
Clayton DeGiacinto, Matthew
Weinstein
31 Mar 09
Q
BLUEBAY GLOBAL CREDIT
ALPHA LONG SHORT FUND
Geraud Charpin
31 Oct 11
CONCISE SHORT TERM HIGH
YIELD OFFSHORE FUND
Glenn Koach, Tom Krasner
31 Jul 09
CONCISE SHORT TERM LOW
VOLATILITY HIGH YIELD
UCITS FUND
Glenn Koach/Tom Krasner
31 Oct 16
M
M
D
$245M
Mar 24
823.35
€472M
Nov 24
1,535.50
$758M
Nov 24
550.81
$2'369M
Dec 24
1,671.79
€441M
Oct 24
1,078.10
$543M
Nov 24
375.39
$402M
Nov 24
168.45
$104M
Nov 24
443.63
$441M
Nov 24
29,384.52
$130M
Nov 24
403.70
$130M
Oct 24
156.20
USD
USD
USD
USD
EUR
USD
USD
USD
USD
USD
USD
30 Nov
24
MTD
YTD
2023
2022
2021
2020
2019
Ann.
Return
Ann.
Volatility
Ytd Avg. 2024
10.13%
1.20% 23.09%
27.36%
-13.07%
21.9%
1.09%
8.38%
16.45%
15.92%
Max
Drawdown1
(41.33%)
Jan 20 - Mar
20
24 Dec
24
0.51%
30 Nov
24
1.24%
30 Nov
24
(0.60%)
20 Dec
24
0.79%
30 Nov
24
0.51%
30 Nov
24
0.30%
30 Nov
24
1.24%
13 Dec
24
1.26%
30 Nov
24
0.47%
31 Oct 24
1.05%
14.63%
18.35%
-8.19%
4.04%
1.98%
7.86%
5.35%
12.45%
(27.44%)
Jan 20 - Mar
20
13.72%
18.39%
-10.89%
15.22%
7.51%
2.55%
11.69%
9.24%
(25.27%)
Jan 20 - Mar
20
3.64%
7.56%
0.9%
8.29%
22.13%
6.19%
10.85%
7.69%
(30.20%)
May 08 - Dec
08
17.40%
22.02%
-10.87%
-0.64%
16.11%
8.21%
11.70%
7.10%
(25.91%)
Jun 21 - Sep
22
11.19%
9.06%
-1.6%
7.11%
7.5%
6.68%
11.65%
10.84%
(12.11%)
Jan 20 - Mar
20
7.55%
11.41%
6.18%
22.25%
8.3%
12.51%
6.02%
(1.25%)
Aug 22 - Sep
22
12.06%
-1.37%
-5.79%
16.67%
-11.51%
7.43%
9.97%
9.90%
(30.92%)
Feb 20 - Mar
20
9.21%
2.49%
4.8%
1.2%
21.76%
10.24%
8.56%
4.76%
(4.95%)
Jan 18 - Mar
19
11.87%
5.89%
1.31%
9.15%
3.15%
1.3%
9.52%
7.51%
(9.29%)
Jul 11 - Dec
11
11.24%
8.67%
0.67%
9.94%
3.33%
3.42%
5.73%
4.10%
(8.53%)
Feb 20 - Apr
20
1. Max Drawdown: Peak to trough.
Past performance is not a reliable indicator of future performance.
Source - HSBC
HSBC Alternative Investment Group
|
15
Inception Liquidity Asset
Date
Size
Last NAV Currency
or Index
Date
Credit/Global
CQS ABS FEEDER FUND CLASS -B1- USD
Manulife | CQS Investment
Management; Jason Walker
30 Sep 06
Q
CRC BOND OPPORTUNITY
31 Oct 16
TRADING FUND
CHRISTOFFERSONROBB+COMPANY
B. Bradley Golding
M
HILDENE OPPORTUNITIES
MASTER FUND II LTD
Hildene Capital Management
LLC
30 Sep 11
M
MAN NUMERIC SYSTEMATIC
CREDIT LONG/SHORT FUND
Man Numeric; Paul Kamenski
and Rob Lam
30 Sep 20
ONE WILLIAM STREET
CAPITAL FUND
OWS Capital Management
31 Mar 08
ORCHARD LIQUID CREDIT
FUND
Orchard Global Asset
Management LLP; Afif
Baccouche and Ranjit Sikka
31 Oct 17
9,049.47
$965M
Oct 24
211.73
$478M
Nov 24
410.93
M
Q/Y
M
PIMCO TACTICAL
31 Jan 13
OPPORTUNITIES FUND
Dan Ivascyn, Russell Gannaway,
and Sharad Bansal
HY
RP SELECT OPPORTUNITIES
FUND
RP Investment Advisors
M
31 Mar 14
$1'032M
Jun 24
SABA CAPITAL CARRY
31 Aug 18
NEUTRAL TAIL HEDGE
MASTER
Saba Capital Management, L.P.,
Boaz Weinstein
M
SABA CAPITAL MARKET
31 May 23
NEUTRAL
Saba Capital Management, L.P.,
Boaz Weinstein
Q
120.80
$3'260M
Dec 24
4,208.44
$499M
Oct 24
96.75
$6'671M
Aug 24
240.18
$1'344M
Nov 24
21.24
$958M
Nov 24
144.26
$172M
Nov 24
117.20
USD
USD
USD
USD
USD
USD
30 Nov
24
MTD
YTD
2023
2022
2021
2020
2019
Ann.
Return
Ann.
Volatility
Ytd Avg. 2024
10.13%
0.57% 12.91%
11.59%
1.15%
13.11%
-13.54%
8.11%
12.88%
13.91%
Max
Drawdown1
(43.46%)
Feb 20 - Mar
20
30 Nov
24
0.37%
16.51%
30 Nov
24
0.61%
30 Sep
24
1.38%
30 Nov
24
0.68%
31 Oct 24
(0.65%) (4.73%)
5.93%
1.52%
10.28%
10.61%
13.65%
9.72%
6.71%
(10.48%)
Apr 22 - Mar
23
9.52%
10.1%
0.14%
23.55%
0.68%
2.76%
11.32%
8.24%
(25.79%)
May 19 - Apr
20
7.81%
7.87%
4.73%
1.81%
-2.58%
4.83%
3.77%
(3.51%)
Oct 20 - Apr
21
9.66%
9.82%
5.66%
10.94%
2.18%
6.73%
9.00%
6.21%
(16.99%)
Jan 20 - Mar
20
-15.39%
-3.43%
-3%
13.47%
7%
(0.47%)
5.73%
(25.21%)
Oct 20 - Oct
24
USD
31 Oct 24
0.22%
4.56%
14.7%
-4.64%
12.74%
3.94%
7.41%
7.74%
6.27%
(15.17%)
Feb 20 - Mar
20
CAD
USD
USD
30 Nov
24
0.71%
10.68%
20 Dec
24
(0.53%) (2.88%)
30 Nov
24
3.12%
12.99%
0.63%
13.34%
5.86%
12.06%
7.95%
10.68%
(29.57%)
Jan 20 - Mar
20
-16.74%
14.59%
-5.68%
63.21%
-6.78%
5.98%
25.56%
(27.81%)
Jun 22 - Apr
24
15.47%
1.49%
11.12%
6.63%
(5.14%)
Jul 23 - Oct
23
1. Max Drawdown: Peak to trough.
Past performance is not a reliable indicator of future performance.
Source - HSBC
HSBC Alternative Investment Group
|
16
Inception Liquidity Asset
Date
Size
Last NAV Currency
or Index
Date
Credit/Global
SABA CAPITAL PARTNERS LP 31 Jul 09
Boaz Weinstein
Q
SEER CAPITAL PARTNERS
30 Apr 09
OFFSHORE FUND LTD
Phil Weingord, Richard d'Albert,
Seer Capital
Q
SELWOOD LIQUID CREDIT
STRATEGY
Selwood Asset Management
M
31 Dec 18
SPF SECURITIZED PRODUCTS 30 Nov 11
MASTER FUND LTD
Albert Sohn
Q
SPHEREINVEST GLOBAL
CREDIT STRATEGIES FUND
SphereInvest Group Limited
30 Jun 12
W
SPRING SUBORDINATED
DEBT FUND
Spring Investments
31 Jan 20
$1'513M
Nov 24
207.62
$247M
Nov 24
359.25
$784M
Nov 24
154.40
$3'001M
Nov 24
296.96
$294M
Dec 24
228.00
$65M
Jul 24
1,268.13
USD
USD
USD
USD
USD
USD
20 Dec
24
30 Sep 17
HY
BEACH POINT TOTAL RETURN 30 Jun 96
OFFSHORE FUND II, LTD
Carl Goldsmith, Scott Klein,
Q
BRIGADE LEVERAGED
31 Dec 06
CAPITAL STRUCTURES FUND
LTD
Don Morgan
Q
GCA CREDIT OPPORTUNITIES 30 Sep 08
MASTER FUND LTD
Global Credit Advisers LLC
Q
GCA ENHANCED MASTER
FUND LTD
Global Credit Advisers LLC
Q
31 Mar 18
$1'213M
Oct 24
1,581.42
$337M
Oct 24
1,024.59
$822M
Nov 24
358.74
$51M
Nov 24
403.58
$169M
Nov 24
150.27
USD
YTD
2023
2022
2021
2020
2019
Ann.
Return
Ann.
Volatility
Ytd Avg. 2024
10.13%
1.90%
2.06%
-16.87%
21.87%
-0.94%
73.21%
-12.8%
4.86%
14.17%
0.44%
30 Nov
24
0.74%
18 Dec
24
0.50%
19 Dec
24
0.50%
20 Dec
24
1.06%
31 Oct 24
Max
Drawdown1
(28.11%)
Jun 12 - Mar
15
30 Nov
24
Credit/USA
1 SHARPE OPPORTUNITY
FUND
1Sharpe Capital
MTD
10.15%
6.9%
1.08%
15.33%
-5.39%
9.45%
8.54%
6.51%
(18.18%)
Feb 20 - Apr
20
10.34%
22.7%
0.63%
6.11%
-4.12%
11.39%
7.61%
9.40%
(18.18%)
Feb 20 - Sep
22
10.57%
16.72%
-1.88%
12.96%
-0.8%
6.14%
8.69%
5.24%
(14.84%)
Feb 20 - Mar
20
13.77%
13.06%
-6.18%
6.18%
7.31%
9.57%
6.83%
5.52%
(12.07%)
Feb 20 - Mar
20
12.63%
10.54%
-7.79%
5.41%
4.8%
4.98%
10.68%
(15.35%)
Jan 20 - Mar
20
Ytd Avg. 2024
6.53%
0.59%
6.87%
8.3%
5.66%
6.04%
5.78%
6.78%
6.68%
0.73%
(0.43%)
Feb 20 - Mar
20
USD
USD
USD
USD
30 Nov
24
1.26%
30 Nov
24
1.19%
20 Dec
24
(0.16%)
20 Dec
24
(0.24%)
7.63%
13.67%
-7.84%
11.21%
5.79%
9.28%
8.52%
7.81%
(24.04%)
Oct 07 - Dec
08
12.86%
10.06%
8.61%
36.86%
-1.37%
6.23%
7.38%
7.45%
(19.42%)
Jun 08 - Dec
08
3.99%
4.59%
-2.21%
2.48%
5.7%
4.88%
8.97%
4.71%
(2.67%)
Oct 21 - Jun
22
5.99%
6.81%
-3.13%
6.33%
13.28%
10.18%
6.24%
3.70%
(5.29%)
Sep 18 - Dec
18
1. Max Drawdown: Peak to trough.
Past performance is not a reliable indicator of future performance.
Source - HSBC
HSBC Alternative Investment Group
|
17
Inception Liquidity Asset
Date
Size
Last NAV Currency
or Index
Date
Credit/USA
HILDENE OPPORTUNITIES
MASTER FUND LTD
Hildene Capital Management
LLC
30 Apr 08
HUDSON COVE CREDIT
OPPORTUNITY FUND LTD
Hudson Cove Capital
Management, David Wu
31 Aug 09
MIDOCEAN ABSOLUTE
RETURN CREDIT FUND
MidOcean Credit Fund
Management LP
31 Jan 10
MILL HILL CONVEX CREDIT
FUND LP
Mill Hill Capital, LLC, David
Meneret
30 Jun 20
MILL HILL CREDIT
OPPORTUNITIES FUND
Mill Hill Capital, LLC, David
Meneret
31 Oct 16
OCTAGON HIGH INCOME
FUND
Andrew D. Gordon
31 Jan 11
M
Q
M
M
Q
M
PROPHET OPPORTUNITY
31 Jul 09
PARTNERS LP - ALTERNATIVE
FIXED INCOME
David Rosenblum, Bobby
Epstein
Q
TILDEN PARK OFFSHORE
INVESTMENT FUND LTD
Josh Birnbaum
31 Dec 10
Q
VARADERO INTERNATIONAL
LTD
VARADERO CAPITAL LP
28 Feb 10
Q
$1'126M
Feb 24
890.49
$675M
Oct 24
489.05
$99M
Jun 24
243.05
$243M
Mar 24
111.68
$144M
Mar 24
119.95
$368M
Nov 24
251.16
$295M
Oct 24
355.39
$1'083M
Oct 24
273.36
$1'400M
Aug 24
340.36
USD
USD
29 Feb
24
31 Oct 24
MTD
YTD
2023
2022
2021
2020
2019
Ann.
Return
Ann.
Volatility
Ytd Avg. 2024
6.53%
(0.66%)
0.31%
4.43%
0.07%
15.97%
-12.03%
1.51%
14.80%
9.19%
Max
Drawdown1
(22.92%)
May 19 - Apr
20
0.94%
10.78%
11.07%
10.65%
15.79%
-14.25%
12.93%
11.02%
7.51%
(26.22%)
Feb 20 - Mar
20
USD
USD
USD
30 Nov
24
0.83%
30 Nov
24
(0.16%)
31 Jul 24
1.14%
6.91%
12.59%
-3.23%
6.72%
10.3%
8.15%
6.17%
5.14%
(10.51%)
Jan 20 - Mar
20
4.13%
0.91%
-0.61%
2.7%
4.11%
2.53%
4.82%
(7.68%)
Jun 22 - Nov
22
6.43%
7.81%
-12.5%
11.5%
1.89%
-5.72%
2.37%
9.09%
(24.37%)
Jun 18 - Apr
20
USD
USD
30 Nov
24
1.90%
31 Oct 24
1.30%
12.67%
16.52%
-11.1%
11.73%
5.41%
10.81%
6.88%
10.42%
(28.64%)
Jan 20 - Mar
20
6.42%
8.5%
11.29%
58.89%
-23.46%
-19.45%
8.66%
12.11%
(49.32%)
Oct 18 - Apr
20
USD
31 Oct 24
0.20% (1.78%)
0.05%
7.88%
3.02%
-6.53%
1.87%
7.53%
8.45%
(24.06%)
Oct 18 - Apr
20
USD
30 Nov
24
0.45%
8.21%
3.63%
5.09%
10.75%
0.33%
4.56%
8.65%
3.48%
(8.75%)
Feb 20 - Mar
20
Diversified
Ytd Avg. 2024
10.28%
1. Max Drawdown: Peak to trough.
Past performance is not a reliable indicator of future performance.
Source - HSBC
HSBC Alternative Investment Group
|
18
Inception Liquidity Asset
Date
Size
Last NAV Currency
or Index
Date
Diversified/Global
MAN GLG GLOBAL CREDIT
MULTI STRATEGY IL XX USD
SHARES
Danilo Rippa
31 Dec 97
M
$209M
Nov 24
1,576.92
USD
20 Dec
24
MTD
YTD
2023
2022
2021
2020
2019
Ann.
Return
Ann.
Volatility
Ytd Avg. 2024
10.28%
0.26% 10.28%
3.02%
3.64%
2.83%
8.05%
5.94%
10.76%
12.02%
Max
Drawdown1
(54.03%)
Nov 07 - Dec
08
1. Max Drawdown: Peak to trough.
Past performance is not a reliable indicator of future performance.
Source - HSBC
HSBC Alternative Investment Group
|
19
Inception Liquidity Asset
Date
Size
Last NAV Currency
or Index
Date
MTD
YTD
2023
2022
2021
2020
2019
Ann.
Return
Ann.
Volatility
Ytd Avg. 2024
9.14%
0.20%
9.14%
9.32%
9.33%
20.61%
24.48%
8.03%
12.62%
9.33%
Max
Drawdown1
Credit
Ytd Avg. 2024
9.14%
Credit/USA
WEXFORD CREDIT
OPPORTUNITIES FUND LP
Wexford LP
30 Nov 02
Q
$119M
Jul 24
1,369.94
USD
30 Nov
24
(15.05%)
Dec 19 - Mar
20
Distressed Security
Ytd Avg. 2024
15.65%
Distressed Security/Global
BLACK DIAMOND CREDIT
STRATEGIES MASTER FUND
LTD
Black Diamond Capital
Management
31 Jul 09
CAIUS CAPITAL MASTER
FUND
Caius Capital LLP; Antònio
Batista
30 Sep 16
Q
Q
KING STREET CAPITAL LTD
31 Dec 96
King Street Capital Management
LP, Brian Higgins
Q
MUDRICK DISTRESSED
OPPORTUNITY FUND LTD
Jason Mudrick
30 Jun 09
Q
OWS CREDIT OPPORTUNITY
FUND
OWS Capital Management
31 Dec 10
Q/Y
PSAM REBOUND PORTFOLIO 28 Feb 03
FUND LTD
P.Schoenfeld Asset Management
LLC
Q
REDWOOD OFFSHORE FUND
Ruben Kliksberg
Y
31 Jul 00
SCULPTOR CREDIT
31 Oct 11
OPPORTUNITIES MASTER
FUND
Sculptor Capital LP, Jimmy Levin
M
$2'300M
Sep 24
580.59
$1'261M
Nov 24
242.80
$5'600M
Nov 24
932.99
$324M
Jul 24
453.21
$1'760M
Dec 24
3,234.65
$1'000M
Jun 24
527.27
$2'179M
Oct 24
1,516.71
$1'385M
Oct 23
265.79
USD
USD
USD
USD
USD
USD
USD
USD
30 Sep
24
Ytd Avg. 2024
15.65%
1.31%
5.35%
9.9%
3.15%
9.73%
-10.88%
7.3%
12.29%
7.06%
(14.37%)
Jul 19 - Aug
20
30 Nov
24
0.57%
20 Dec
24
0.54%
30 Nov
24
5.70%
30 Nov
24
0.87%
30 Sep
24
2.84%
30 Nov
24
1.10%
31 Oct 23
(1.27%)
6.98%
7.62%
9.47%
18.51%
8.81%
-5.07%
11.46%
10.08%
(14.72%)
May 19 - Mar
20
8.38%
8.69%
-6.23%
14.63%
9.83%
2.24%
8.31%
4.83%
(13.39%)
Apr 19 - Mar
20
13.69%
10.8%
0.43%
8.05%
11.31%
22.44%
10.29%
12.68%
(31.48%)
Feb 15 - Jan
16
10.11%
9.45%
2.92%
12.7%
1.08%
7.09%
8.80%
5.84%
(16.13%)
Feb 20 - Mar
20
22.94%
5.57%
-10.36%
21.02%
8.3%
14.44%
8.00%
7.69%
(32.91%)
Jul 07 - Mar
09
17.51%
9.46%
-4.36%
13.72%
10.89%
9%
11.81%
10.28%
(36.28%)
May 07 - Dec
08
6.77%
-4.09%
17.04%
-2.07%
1.36%
8.48%
8.14%
(21.80%)
Jan 20 - Mar
20
1. Max Drawdown: Peak to trough.
Past performance is not a reliable indicator of future performance.
Source - HSBC
HSBC Alternative Investment Group
|
20
Inception Liquidity Asset
Date
Size
Last NAV Currency
or Index
Date
Distressed Security/Global
SHENKMAN OPPORTUNISTIC 28 Feb 18
CREDIT FUND, LP
Shenkman Capital Management,
Inc. - Justin Slatky and Ned
Oakley
Q/Y
SHIPROCK CAPITAL MASTER 31 Dec 22
FUND LP
Shiprock Capital Management
Limited - Andrey Pavlichenkov
M/Q
VR GLOBAL OFFSHORE FUND 30 Apr 99
LTD
Richard Deitz
Q
$305M
Nov 24
150.74
$775M
Dec 24
178.02
$5'890M
Oct 24
94,681.10
USD
USD
USD
30 Nov
24
MTD
YTD
2023
2022
2021
2020
2019
Ann.
Return
Ann.
Volatility
Ytd Avg. 2024
15.65%
0.57% 10.09%
10.14%
-5.08%
7.15%
12.45%
11.32%
6.26%
6.13%
Max
Drawdown1
(9.11%)
Oct 21 - Jun
22
30 Nov
24
2.41%
31 Oct 24
4.76%
34.42%
32.44%
-
35.08%
8.40%
(4.55%)
Feb 23 - Mar
23
26.99%
27.86%
-5.65%
15.77%
-0.37%
0.13%
19.52%
14.57%
(48.38%)
May 08 - Mar
09
1. Max Drawdown: Peak to trough.
Past performance is not a reliable indicator of future performance.
Source - HSBC
HSBC Alternative Investment Group
|
21
Inception Liquidity Asset
Date
Size
Last NAV Currency
or Index
Date
MTD
YTD
2023
2022
2021
2020
2019
Ann.
Return
Ann.
Volatility
Ytd Avg. 2024
11.67%
(4.16%) 13.50%
6.99%
-20.64%
-7.41%
27.89%
47.34%
18.15%
23.60%
Max
Drawdown1
Equity-Diversified
Ytd Avg. 2024
8.63%
Equity-Diversified/Asia
GOLDEN CHINA FUND NR
CLASS
George Jiang,
30 Jun 04
GOLDEN NEST GREATER
CHINA FUND
Golden Nest Capital
Managerment (Hong Kong)
30 Jun 18
INDUS PACIFIC
OPPORTUNITIES FUND LTD
Byron Gill
31 Oct 04
M
M
Q
MANDARIN OFFSHORE FUND 31 Jan 07
LTD P-USD SHARE CLASS
Lan Wang Simond
M
PINPOINT CHINA FUND CLASS 31 May 05
A
Qiang Wang
M
TELLIGENT GREATER CHINA
FUND
Ching-Shan Lin
M
31 Jul 04
ZEAL CHINA FUND LTD - USD 31 Dec 09
-NI
Daniel POON Chun Pong
M
$2'000M
Nov 24
389.45
$235M
Nov 24
186.12
$180M
Sep 24
467.90
$199M
Nov 24
396.83
$1'194M
Oct 24
2,039.33
$166M
Nov 24
502.91
$109M
Sep 24
137.09
USD
USD
USD
USD
USD
USD
USD
30 Nov
24
30 Nov
24
0.37%
30 Nov
24
1.10%
13 Dec
24
1.32%
15 Dec
24
3.57%
30 Nov
24
(0.75%)
30 Nov
24
0.48% (5.64%)
Equity-Diversified/Australian
L1 CAPITAL LONG SHORT
FUND
L1 Capital PTY Ltd
31 Aug 14
M
$1'790M
Nov 24
558.34
AUD
30 Nov
24
Equity-Diversified/Emerging
AQS MENA FUND
30 Jun 13
Aventicum Capital Management
(Qatar) LLC, PM Bassam Slim
M
CHEYNE EMEA FUND CLASS
X1
Carl Tohme
M
30 Sep 08
$95M
Nov 24
1,859.68
$234M
Nov 24
432.67
USD
USD
30 Nov
24
20 Dec
24
(64.64%)
Oct 07 - Nov
08
9.54%
1.94%
-3.24%
7.72%
34.33%
21.98%
10.15%
8.39%
(9.19%)
Feb 22 - Jun
23
12.16%
-2.66%
-0.54%
-0.06%
42.96%
9.23%
7.98%
10.68%
(25.62%)
Oct 07 - Feb
09
11.19%
3.42%
-9.89%
-4.6%
32.01%
5.48%
8.01%
12.27%
(29.63%)
Oct 07 - Feb
09
21.62%
-6.23%
-13.06%
-2.96%
52.79%
8.43%
16.67%
16.55%
(42.16%)
Oct 07 - Nov
08
19.34%
8.31%
-38.76%
-2.4%
36.22%
35.38%
8.26%
17.85%
(46.90%)
Oct 07 - Oct
08
-21.61%
-30.83%
-9.55%
45.21%
17.2%
2.14%
14.57%
(55.37%)
May 21 - Jan
24
Ytd Avg. 2024
6.55%
(2.90%)
6.55%
6.89%
9.8%
30.63%
28.03%
26.29%
18.25%
19.67%
(39.07%)
Jan 18 - Mar
20
Ytd Avg. 2024
3.04%
(2.22%)
2.26%
23.69%
-2.49%
19.47%
-11.68%
6.51%
5.58%
13.25%
(31.95%)
Jul 15 - Mar
20
1.74%
15.13%
15.69%
-7.91%
6.33%
12.09%
15.43%
9.44%
8.63%
(12.26%)
Oct 21 - Feb
22
1. Max Drawdown: Peak to trough.
Past performance is not a reliable indicator of future performance.
Source - HSBC
HSBC Alternative Investment Group
|
22
Inception Liquidity Asset
Date
Size
Last NAV Currency
or Index
Date
Equity-Diversified/Emerging
SAGIL LATIN AMERICAN
30 Jun 09
OPPORTUNITIES FUND CLASS
A
Adrian Landgrebe and Brad
Jones
M
WAHA MENA EQUITY FUND
Waha Investment, Mohemed El
Jamal
M
31 Dec 13
$580M
Nov 24
315.94
$951M
Nov 24
4,647.14
USD
USD
30 Nov
24
30 Nov
24
Equity-Diversified/Europe
ALKEN CAPITAL ONE CLASS J 30 Jun 08
Nicolas Rene Walewski, Marc
Festa
M
ANANDA LONG TERM
31 Mar 19
OPPORTUNITIES FUND ALTO
L CLASS USD
Ananda Asset Management
Limited
M
AQUILUS INFLECTION FUND
LTD EUR SHS
Richard Vogel
M
31 Jul 07
CAPEVIEW AZRI 2X FUND LTD 30 Sep 10
Michael Sakkas and Sushil Shah
M
CAPEVIEW AZRI FUND LTD
31 Oct 07
Michael Sakkas and Sushil Shah
M
CAPEVIEW AZRI STRATEGIC
FUND LTD
Capeview Capital LLP, Michael
Sakkas & Sushil Shah
31 Jan 16
Q
CARMIGNAC PORTFOLIO
LONG-SHORT EUROPEAN
EQUITIES F GBP ACC HDG
White Creek Capital, Malte
Heininger
31 Dec 15
COVALIS CAPITAL MASTER
FUND LIMITED CLASS A
Covalis Capital LLP, Zach
Mecelis, Peter Murphy
30 Sep 12
D
M
€117M
May 24
157,865.90
$104M
Nov 24
200.25
€475M
Nov 24
234.44
$210M
Mar 24
295.99
$715M
Mar 24
243.74
$200M
Mar 24
185.47
€539M
Sep 24
187.27
$689M
Oct 24
350.89
EUR
USD
EUR
USD
USD
USD
GBP
USD
31 Aug
24
MTD
YTD
2023
2022
2021
2020
2019
Ann.
Return
Ann.
Volatility
Ytd Avg. 2024
3.04%
(3.74%) (2.47%)
15.11%
10.06%
1.77%
1.37%
17.58%
7.74%
8.98%
Max
Drawdown1
(15.40%)
Jun 14 - Aug
15
(2.20%) (2.74%)
24.34%
12.91%
33.71%
14.12%
19.8%
15.10%
10.84%
(18.14%)
Feb 24 - May
24
Ytd Avg. 2024
7.77%
(1.23%) 12.05%
9.24%
21.31%
44.71%
-46.05%
14.78%
12.06%
25.01%
(67.46%)
Aug 18 - Oct
20
30 Nov
24
2.00% (2.64%)
30 Nov
24
1.83%
30 Nov
24
2.70%
30 Nov
24
1.49%
30 Nov
24
2.61%
24 Dec
24
1.04%
30 Nov
24
(0.17%)
30.71%
-10.08%
6.34%
35.63%
21.33%
13.02%
17.95%
(23.78%)
Jun 21 - Sep
22
8.41%
17.55%
-16.03%
19.6%
5.9%
26.18%
5.03%
10.16%
(22.46%)
Oct 07 - Oct
08
6.74%
8.5%
-7.74%
8.21%
15.6%
8.97%
7.95%
7.64%
(20.17%)
Nov 15 - Jun
16
4.75%
5.83%
-3.71%
3.72%
7.51%
4.83%
5.35%
3.90%
(10.45%)
Nov 15 - Jun
16
8.24%
9.62%
-4.61%
9.35%
17.24%
6.07%
7.24%
5.95%
(6.39%)
Dec 21 - Jun
22
18.35%
2.01%
-4.36%
14.03%
7.65%
1.43%
7.77%
7.10%
(8.62%)
Oct 21 - Jun
23
8.47%
-4.54%
14.56%
-0.84%
17.57%
8.24%
10.86%
8.29%
(9.61%)
Apr 21 - Jan
22
1. Max Drawdown: Peak to trough.
Past performance is not a reliable indicator of future performance.
Source - HSBC
HSBC Alternative Investment Group
|
23
Inception Liquidity Asset
Date
Size
Last NAV Currency
or Index
Date
Equity-Diversified/Europe
ENGADINE EQUITY FUND
Marcello Sallusti
30 Nov 16
M
GIM PORTFOLIO STRATEGIES 30 Sep 03
– EUROPE DYNAMIC L/S FUND
A10-03
Jonathan Ingram, John Baker,
Anis Lahlou-Abid
M
LANSDOWNE PRINCAY FUND 31 Mar 15
Samuel Joab
M
LAZARD EUROPEAN
30 Sep 15
ALTERNATIVE FUND
Leopold Arminjon and Nitin Arora
D
LUCERNE CAPITAL FUND L.P. 31 Dec 01
Pieter Taselaar, Thijs Hovers
M
MARSHALL WACE - MW TOPS 31 Dec 04
FUND USD
Anthony Clake
M
SIERRA EUROPE OFFSHORE, 28 Feb 97
LTD - CLASS C USD
Charles Michaels
M
TRIUM ESG EMISSIONS
IMPACT FUND
Joe Mares
30 Sep 19
D
TT MID-CAP EUROPE
LONG/SHORT FUND LTD - CL
B
Jack Miller
30 Apr 05
M
$92M
Nov 24
190.97
€396M
Nov 24
708.68
$79M
Jul 24
182.96
€140M
Nov 24
130.19
$131M
Sep 24
491.72
$1'054M
Dec 24
436.88
$76M
Aug 23
704.80
€535M
Nov 24
122.57
$112M
Nov 24
513.95
USD
EUR
EUR
EUR
USD
USD
USD
EUR
USD
30 Nov
24
31 Aug 05
CANTOR FITZGERALD
ALTERNATIVE INVESTMENT
FUND
Phil Byrne, Diarmaid Colreavy,
Conor McDermott
31 Aug 08
D
D
€959M
Nov 24
217.63
€213M
Nov 24
252.17
EUR
EUR
YTD
2023
2022
2021
2020
2019
Ann.
Return
Ann.
Volatility
Ytd Avg. 2024
7.77%
3.78% 12.92%
11.66%
5%
18.46%
17.91%
-6.32%
8.42%
10.69%
0.45%
20 Dec
24
0.16%
30 Nov
24
1.40%
30 Sep
24
(0.10%)
30 Nov
24
1.11%
31 Aug
23
(0.22%)
30 Nov
24
(0.37%) (2.49%)
30 Nov
24
1.07%
30 Nov
24
30 Nov
24
Max
Drawdown1
(25.31%)
Aug 18 - Mar
20
06 Dec
24
Equity-Diversified/Global
BDL REMPART
Hughes Beuzelin
MTD
17.57%
-2.34%
13.58%
21.95%
5.52%
-3.1%
9.68%
8.23%
(16.39%)
Jun 08 - Nov
09
14.32%
22.94%
9.77%
22.2%
-25.27%
24.1%
6.40%
22.46%
(49.06%)
Apr 18 - Mar
20
2.28%
11.06%
0.82%
1.8%
6.64%
0.8%
2.92%
4.17%
(4.08%)
Jul 22 - Sep
22
4.88%
10.72%
-38.72%
21.56%
-14.44%
52.78%
8.07%
21.77%
(60.03%)
May 07 - Feb
09
6.09%
5.77%
6.7%
14.7%
11.13%
6.12%
7.58%
6.44%
(22.60%)
Oct 07 - Feb
09
3.66%
-4.63%
-10.23%
25%
9.95%
7.64%
8.25%
(16.98%)
Mar 00 - Jan
03
4.88%
12.57%
-2.93%
8.74%
0.86%
4.01%
6.85%
(7.96%)
Mar 20 - Jul
21
4.36%
-0.45%
3.89%
2.63%
7.86%
4.77%
8.63%
6.92%
(7.41%)
Apr 06 - Sep
06
Ytd Avg. 2024
6.68%
(3.24%) (0.60%)
6.02%
14.86%
16.09%
-6.37%
6.94%
4.12%
10.20%
(27.50%)
Sep 17 - Oct
20
(2.75%)
12.71%
20.88%
-24.04%
22.04%
26.26%
-1.01%
5.85%
15.63%
(30.45%)
Dec 21 - Sep
22
1. Max Drawdown: Peak to trough.
Past performance is not a reliable indicator of future performance.
Source - HSBC
HSBC Alternative Investment Group
|
24
Inception Liquidity Asset
Date
Size
Last NAV Currency
or Index
Date
Equity-Diversified/Global
CARRHAE CAPITAL FUND
CLASS A1 SHARES
Ali Akay
30 Nov 11
FARRINGDON ALPHA ONE
Bram Cornelisse, Andreas
Tholstrup, Dennis van Wees
31 Dec 06
HIGH GROUND INVESTMENT
MANAGEMENT FUND LTD
LEAD A SHARES
Edgar Allen
30 Sep 20
HIGH GROUND INVESTMENT
MANAGEMENT FUND LTD
LEAD FOUNDER SHARES
Edgar Allen
30 Sep 19
LANCASTER ABSOLUTE
RETURN FOCUS FUND
James Hanbury
31 Mar 16
Q
M
Q
Q
M
M. KINGDON OFFSHORE NV - 28 Feb 86
A/1
Mark Kingdon
Q
MAN GLG INNOVATION
EQUITY ALTERNATIVE
Mike Corcell, Alex Robarts
31 Dec 16
D
MARSHALL WACE - MW
EUREKA FUND A1 USD
Paul Marshall
31 Jan 98
MARSHALL WACE - MW
GLOBAL OPPORTUNITIES A
USD
Fehim Sever
28 Feb 09
M
M
MAVERICK FUND LTD - CLASS 28 Feb 95
A/1
Lee Ainslie III
M
PARUS FUND PLC USD CLASS 31 Dec 02
Parus Finance, Fabrice Vecchioli
Bi-W
PLATINUM FUND LTD
Kerr Neilson
M
31 May 94
$946M
Nov 24
209.39
€194M
Oct 24
139.00
$216M
Oct 24
1,303.25
$216M
Oct 24
1,358.54
£75M
Nov 24
141.76
$226M
Oct 24
205.93
$64M
Nov 24
151.46
$18'066M
Nov 24
2,044.06
$1'758M
Dec 24
429.00
$620M
Dec 23
3,034.27
$243M
Jan 24
760.03
$80M
Nov 24
115.62
USD
EUR
USD
20 Dec
24
MTD
YTD
2023
2022
2021
2020
2019
Ann.
Return
Ann.
Volatility
Ytd Avg. 2024
6.68%
(1.82%)
5.99%
2.76%
15.3%
1.09%
16.6%
10.17%
5.82%
7.25%
Max
Drawdown1
(12.11%)
Feb 14 - Feb
16
23 Dec
24
1.51% (7.46%)
31 Oct 24
(1.28%)
-19.18%
2.46%
5.38%
15.86%
-3.52%
1.85%
15.15%
(42.85%)
Jun 15 - Mar
20
1.90%
11.34%
5.19%
3.49%
5.51%
6.69%
11.14%
(7.77%)
Dec 20 - Jan
21
USD
31 Oct 24
(1.60%)
1.90%
11.54%
5.57%
3.7%
-0.56%
9.8%
6.20%
12.31%
(13.77%)
Jan 20 - Mar
20
GBP
USD
USD
USD
USD
USD
USD
USD
30 Nov
24
(10.90%) (14.49%)
23 Dec
24
(4.12%)
20 Dec
24
0.72%
30 Nov
24
2.85%
30 Nov
24
1.94%
22 Nov
24
1.90%
20 Dec
24
1.50%
13 Dec
24
1.09% (1.51%)
-18.24%
22.78%
5.13%
45.57%
9.41%
4.10%
26.75%
(32.92%)
Jan 23 - Nov
24
13.07%
7.56%
-16.88%
4.5%
6.67%
14.46%
11.50%
13.07%
(34.38%)
May 18 - Mar
20
9.74%
9.24%
-2.95%
-3.51%
17.43%
5.29%
5.34%
4.55%
(11.08%)
Apr 21 - Aug
22
15.32%
4.61%
4.38%
10.84%
14.31%
13.33%
11.83%
7.80%
(23.38%)
Oct 07 - Nov
08
9.69%
7.57%
5.28%
-6.61%
18.51%
6.67%
9.38%
8.31%
(7.63%)
Dec 20 - Jul
21
22.32%
34.21%
-28.85%
17.28%
22.87%
16.27%
10.62%
14.61%
(47.67%)
Mar 21 - Jun
22
10.17%
-6.62%
3.43%
19.11%
18.39%
1.73%
11.14%
12.40%
(20.33%)
Jan 16 - Dec
16
4.14%
-7.77%
3.57%
10.36%
14.53%
8.34%
12.75%
(30.48%)
Oct 07 - Feb
09
1. Max Drawdown: Peak to trough.
Past performance is not a reliable indicator of future performance.
Source - HSBC
HSBC Alternative Investment Group
|
25
Inception Liquidity Asset
Date
Size
Last NAV Currency
or Index
Date
Equity-Diversified/Global
RIPOSTE GLOBAL
OPPORTUNITY FUND LP
Khaled Beydoun
31 Oct 13
Q
RPD OPPORTUNITY FUND LP 31 Jan 21
RPD Fund Management LLC,
Ahmet Okumus
Q
SCHRODER GAIA EGERTON
EQUITY -C- ACC SHARES
Egerton Capital, John Armitage
W
30 Nov 09
TREFOIL SELECT FUNDS SPC 31 May 20
- STYLUS SP
Trefoil Capital Advisers Ltd,
Richard Maraviglia
VARENNE SELECTION
Team Varenne Capital
31 Dec 06
VARENNE UCITS - VARENNE
GLOBAL
Team Varenne Capital
31 Jan 14
VARENNE UCITS - VARENNE
VALEUR
Team Varenne Capital
31 Jan 03
M
VT ARGONAUT ABSOLUTE
28 May 09
RETURN
Argonaut Capital Partners - Barry
Norris
D
WEXFORD FOCUSED
EQUITIES FUND
Charles Davidson
Q
30 Apr 13
WHG GLOBAL LONG BIAS
30 Apr 21
FUND
WHG, Andrew Reider & Gustavo
Campanhã
M
WS LANCASTER ABSOLUTE
RETURN FUND
James Hanbury
D
30 Apr 09
$492M
Dec 24
306.75
$228M
Nov 24
156.48
€491M
Sep 24
296.32
$393M
Feb 24
311.57
€184M
Nov 24
492.95
€332M
Nov 24
255.65
€1'260M
Nov 24
429.23
£178M
Mar 24
348.38
$67M
Jul 24
433.88
$324M
Nov 24
156.93
£313M
Nov 24
476.14
USD
USD
EUR
USD
30 Nov
24
MTD
YTD
2023
2022
2021
2020
2019
Ann.
Return
Ann.
Volatility
Ytd Avg. 2024
6.68%
3.40% 23.12%
6.05%
-5.91%
8.28%
30.43%
2.88%
10.63%
10.31%
Max
Drawdown1
(14.12%)
Apr 21 - Mar
23
30 Nov
24
(1.61%) (10.52%)
20 Dec
24
(1.96%)
07 Jun 24
(5.40%)
8.44%
7.91%
49.46%
12.39%
22.88%
(25.00%)
Aug 22 - Oct
22
20.56%
13.53%
-13.18%
8.4%
7.37%
19.43%
7.55%
9.38%
(18.85%)
Dec 21 - Sep
22
4.48%
-2.34%
90.68%
54.81%
3.44%
32.65%
25.18%
(16.60%)
Sep 21 - Nov
21
EUR
EUR
EUR
GBP
USD
USD
GBP
30 Nov
24
1.10% (4.93%)
30 Nov
24
0.91%
30 Nov
24
0.34%
31 Mar
24
2.38%
30 Nov
24
(1.80%)
30 Nov
24
15.20%
30 Nov
24
(5.20%)
17.27%
-27.07%
36.9%
22.72%
26.56%
7.77%
15.12%
(48.63%)
Oct 07 - Feb
09
11.11%
20.95%
-26.01%
27.58%
10.96%
11.68%
6.82%
11.07%
(26.41%)
Dec 21 - Sep
22
7.02%
12.13%
-16.34%
19.55%
10.55%
10.56%
6.90%
9.66%
(34.08%)
Oct 07 - Feb
09
11.85%
14.58%
11.25%
10.28%
16.55%
12.84%
8.70%
12.76%
(28.17%)
Dec 15 - Apr
17
11.12%
4.23%
11.08%
54.9%
43.13%
27.34%
13.49%
19.76%
(36.66%)
Dec 19 - Mar
20
13.34%
25.09%
6.45%
2.95%
13.06%
15.87%
(15.90%)
Jul 23 - Oct
23
1.11%
-7.7%
10.54%
9.96%
29.01%
11.14%
10.52%
18.20%
(24.20%)
Feb 16 - Mar
20
1. Max Drawdown: Peak to trough.
Past performance is not a reliable indicator of future performance.
Source - HSBC
HSBC Alternative Investment Group
|
26
Inception Liquidity Asset
Date
Size
Last NAV Currency
or Index
Date
Equity-Diversified/UK
BLACKROCK EMERGING
COMPANIES HEDGE FUND
Dan Whitestone
30 Apr 04
BLACKROCK UK EQUITY
HEDGE FUND
Nigel Ridge
30 Apr 05
SVM FUNDS ICVC - UK
OPPORTUNITIES FUND
Neil Veitch
31 Aug 09
M
M
D
$376M
Oct 24
791.15
$179M
Oct 24
300.92
£314M
Sep 24
699.10
GBP
GBP
GBP
20 Dec
24
31 Jul 14
FJ CAPITAL FINANCIAL
OPPORTUNITY FUND LTD
Martin Friedman
31 Dec 07
GLENVIEW CAPITAL
PARTNERS (CAYMAN), LTD.
Lawrence M. Robbins
31 Dec 00
NEUBERGER BERMAN US
LONG SHORT EQUITY FUND
USD I ACC CLASS
Neuberger Berman Group LLC
28 Feb 14
RENAISSANCE
INSTITUTIONAL EQUITIES
FUND INTERNATIONAL LP -BRenaissance Technologies LLC
31 Jul 05
SANDLER PLUS OFFSHORE
FUND LTD
Sandler Capital Mgmt, Andrew
Sandler
30 Sep 05
SCHRODER GAIA SIRIOS US
EQUITY USD C ACC
Sirios Capital, John Brennan
31 Jan 13
D
Q
Q
D
M
Q
D
$285M
Jun 24
23.45
$767M
Nov 24
692.16
$1'117M
Jun 24
1,180.50
$193M
Jun 24
16.45
$1'766M
Jul 24
561.27
$223M
Oct 24
529.58
$211M
Sep 24
216.94
USD
USD
USD
USD
USD
USD
USD
YTD
2023
2022
2021
2020
2019
Ann.
Return
Ann.
Volatility
Ytd Avg. 2024
8.05%
(0.73%) 13.83%
13.37%
-22.8%
12.34%
14.77%
17.01%
10.53%
7.29%
(0.54%)
24 Dec
24
(1.35%)
23 Dec
24
Max
Drawdown1
(24.93%)
Aug 21 - Sep
22
20 Dec
24
Equity-Diversified/USA
ALGER SICAV - ALGER
DYNAMIC OPPORTUNITIES
FUND CLASS Z US
Fred Alger Management, LLC,
Dan Chung, Greg Adams
MTD
4.77%
4.89%
6.88%
2.68%
-1.23%
9.34%
5.77%
4.91%
(11.70%)
Jun 08 - Oct
08
5.56%
8.57%
-20.58%
24.34%
-8.05%
31.36%
8.59%
17.21%
(37.45%)
Dec 19 - Mar
20
Ytd Avg. 2024
18.30%
(0.09%) 24.93%
4.74%
-14.26%
3.47%
47.66%
12.32%
8.54%
11.31%
(27.55%)
Oct 21 - Oct
23
30 Nov
24
9.75%
30 Nov
24
2.81%
24 Dec
24
0.80%
20 Dec
24
(1.45%)
20 Dec
24
1.50%
20 Dec
24
0.00%
28.27%
1.06%
-7.21%
37.88%
-9.5%
19.58%
12.11%
19.24%
(40.65%)
Aug 18 - Mar
20
16.63%
17.35%
-9.02%
16.62%
7.61%
26.28%
10.53%
18.14%
(49.17%)
May 07 - Dec
08
7.59%
13.34%
-7.67%
4.66%
10.62%
16.53%
4.70%
6.78%
(10.04%)
Oct 21 - Sep
22
21.91%
7.06%
4.91%
20.1%
-19.94%
13.48%
9.30%
11.01%
(35.73%)
May 07 - Apr
09
8.62%
8.86%
-3.16%
5.45%
10.69%
2.75%
9.05%
8.77%
(14.88%)
Dec 07 - Mar
09
20.14%
12.42%
-2.41%
8.82%
0.2%
11.7%
6.73%
8.20%
(11.25%)
Jan 20 - Mar
20
Equity-Energy
Ytd Avg. 2024
0.77%
1. Max Drawdown: Peak to trough.
Past performance is not a reliable indicator of future performance.
Source - HSBC
HSBC Alternative Investment Group
|
27
Inception Liquidity Asset
Date
Size
Last NAV Currency
or Index
Date
Equity-Energy/Global
ENERGY DYNAMICS FUND
LIMITED
Clean Energy Transition LLP Per Lekander
31 Dec 14
OAM ABSOLUTE RETURN
FUND
Harald James Otterhaug
30 Nov 06
PROXY P RENEWABLE L/S
ENERGY
Proxy P Asset Management,
Jonas Dahlqvist
30 Nov 18
WESTBECK ENERGY
TRANSITION UCITS FUND
30 Apr 23
WESTBECK VOLTA FUND
30 Jun 19
M
M
$1'464M
Jan 24
260.56
$169M
Jul 24
729.22
$55M
Apr 24
123.99
$99M
Jun 24
103.77
$175M
Nov 24
205.12
USD
USD
EUR
USD
USD
20 Dec
24
MTD
YTD
2023
2022
2021
2020
2019
Ann.
Return
Ann.
Volatility
Ytd Avg. 2024
0.77%
(2.38%) 13.47%
-6.58%
19.03%
5.86%
35.09%
1.21%
10.07%
8.64%
Max
Drawdown1
(11.89%)
Dec 22 - Oct
23
09 Aug
24
(3.30%)
1.83%
30 Nov
24
2.75% (16.82%)
20 Dec
24
(3.06%)
30 Nov
24
(1.50%)
24.21%
27.85%
45.35%
51.47%
-19.26%
11.88%
14.37%
(48.64%)
Jun 18 - Oct
19
-15.98%
15.2%
-5.5%
90.28%
40.67%
11.33%
25.31%
(38.67%)
Jul 22 - Jun
24
1.51%
2.23%
2.27%
6.83%
(5.00%)
May 24 - Dec
24
3.87%
3.59%
12.31%
18.92%
33.84%
6.63%
14.16%
10.46%
(6.20%)
Jan 23 - May
23
Equity-Financial
Ytd Avg. 2024
30.68%
Equity-Financial/Global
EJF FINANCIAL SERVICES
30 Jun 10
FUND LP
EJF Capital LLC, Jason Ruggiero
M
WELLINGTON MANAGEMENT 31 Dec 95
INV BERMUDA LTD BAY POND
A/1 NI
Nicholas C. Adams, Partner
HY
$109M
Nov 24
475.76
$466M
Sep 24
7,654.52
USD
USD
30 Nov
24
30 Sep
24
Ytd Avg. 2024
30.68%
9.33% 31.22%
13.92%
-12.5%
50.35%
12.41%
21.16%
11.41%
17.48%
(31.63%)
May 18 - Mar
20
(0.20%)
30.15%
22.52%
2.46%
18.12%
45.76%
23.77%
16.27%
17.68%
(63.22%)
Apr 98 - Mar
99
Equity-Healthcare
Ytd Avg. 2024
12.72%
Equity-Healthcare/Global
JENOP GLOBAL HEALTHCARE 31 Oct 12
FUND LTD SERIES A
David Chan
W
$182M
Nov 24
35.97
USD
30 Nov
24
Ytd Avg. 2024
12.72%
(0.13%) 12.72%
16.93%
-0.39%
4.21%
44.63%
12.72%
11.17%
15.18%
(29.84%)
Jul 15 - Jun
16
Equity-Market Neutral
Ytd Avg. 2024
9.81%
1. Max Drawdown: Peak to trough.
Past performance is not a reliable indicator of future performance.
Source - HSBC
HSBC Alternative Investment Group
|
28
Inception Liquidity Asset
Date
Size
Last NAV Currency
or Index
Date
Equity-Market Neutral/Europe
LANDSEER AM EUROPEAN
31 Oct 20
EQUITY FOCUS LONG SHORT
Andy Billett
D
$333M
Nov 24
125.05
USD
20 Dec
24
MTD
YTD
2023
2022
2021
2020
Ytd Avg. 2024
9.81%
0.59%
9.81%
1.99%
2.03%
6.11%
4.22%
2019
Ann.
Return
Ann.
Volatility
5.81%
3.18%
Max
Drawdown1
(2.46%)
Feb 23 - Jun
23
Equity-Mid-Small Cap
Ytd Avg. 2024
7.59%
Equity-Mid-Small Cap/Europe
POLAR CAPITAL EUROPEAN
31 Jul 03
FORAGER FUND LTD - AX
Vise / Amiri-Garroussi / Marshall
M
€132M
May 24
410.58
EUR
30 Sep
24
Equity-Mid-Small Cap/UK
1798 VOLANTIS FUND LTD
CLASS C GBP
Rob Giles & Adam McConkey
30 Apr 02
M
£271M
Nov 24
928.75
GBP
20 Dec
24
Equity-Mid-Small Cap/USA
COOPER CREEK PARTNERS
LLC
Robert Schwartz
31 Oct 08
Q
HARVEY PARTNERS LLC
31 Jan 06
Jeff Moskowitz and Jim Schwartz
Q
NORTH PEAK CAPITAL
PARTNERS
Jeremy Kahan, Michael Kahan
31 Jul 15
M
SENVEST PARTNERS, LTD CLASS A
Richard Mashaal
31 Mar 97
Q
$1'092M
Oct 24
555.28
$929M
Aug 24
3,416.81
$846M
Dec 24
308.32
$2'304M
Feb 24
6,822.54
USD
USD
USD
USD
30 Nov
24
Ytd Avg. 2024
5.05%
(1.62%)
5.05%
-0.18%
-4.6%
18.81%
-7.49%
13.11%
6.89%
7.90%
(21.47%)
Oct 07 - Feb
09
Ytd Avg. 2024
0.98%
1.15%
0.98%
2.51%
-5.59%
10.5%
20.64%
10.25%
10.34%
9.06%
(16.47%)
Jun 14 - Jun
16
Ytd Avg. 2024
9.87%
3.70% 13.58%
14.98%
42.43%
21.8%
21.16%
22.04%
11.24%
11.18%
(22.12%)
Feb 11 - Sep
11
30 Nov
24
5.65% (0.94%)
30 Nov
24
3.30%
30 Sep
24
4.13%
2.59%
-11.05%
26.48%
9.77%
13.08%
6.74%
9.39%
(16.50%)
Dec 21 - Sep
22
16.77%
2.61%
-43.22%
29.02%
23.3%
40.76%
12.81%
22.96%
(50.45%)
Dec 21 - Oct
23
10.08%
4.94%
-19.76%
86.2%
30.64%
17.97%
16.58%
36.25%
(70.54%)
Feb 00 - Sep
02
Equity-Real Estate
Ytd Avg. 2024
(2.71%)
Equity-Real Estate/USA
WATERFRONT CP ENHANCED 31 Dec 16
MASTER FUND LTD
Eduardo Abush
Q
$49M
Oct 24
152.61
USD
30 Nov
24
Ytd Avg. 2024
(2.71%)
(2.00%) (3.59%)
1.05%
-13.64%
3.16%
28.61%
34.26%
5.48%
13.31%
(26.98%)
Jul 20 - Sep
24
1. Max Drawdown: Peak to trough.
Past performance is not a reliable indicator of future performance.
Source - HSBC
HSBC Alternative Investment Group
|
29
Inception Liquidity Asset
Date
Size
Last NAV Currency
or Index
Date
Equity-Real Estate/USA
WATERFRONT CP MASTER
FUND LTD
Eduardo Abush
30 Jun 13
Q
$76M
Nov 24
147.61
USD
30 Nov
24
MTD
YTD
2023
2022
2021
2020
2019
Ann.
Return
Ann.
Volatility
Ytd Avg. 2024
(2.71%)
(1.37%) (1.83%)
-1.25%
-13.06%
4.49%
20.76%
16.12%
3.47%
7.39%
Max
Drawdown1
(19.92%)
Jul 20 - Sep
24
Equity-Technology
Ytd Avg. 2024
8.55%
Equity-Technology/Global
INFLECTION POINT
31 Dec 11
INVESTMENTS CO LTD CLASS A
Inflection Point Investments LLP
M
$126M
Nov 24
40.40
USD
30 Nov
24
Equity-Technology/USA
SELIGMAN TECH SPECTRUM 31 Dec 06
FUND CLASS -A1-S/2-2002
J. & W. Seligman & Co.
Incorporated
M
$812M
Nov 24
1,623.06
USD
30 Nov
24
Ytd Avg. 2024
2.72%
10.09%
2.72%
17.36%
-27.79%
-12.59%
94.74%
24.27%
10.99%
16.26%
(46.08%)
Jun 21 - Aug
22
Ytd Avg. 2024
14.38%
3.76% 14.38%
11.45%
1.61%
50.9%
3.62%
25.92%
12.39%
12.60%
(19.91%)
May 08 - Nov
08
Equity-Utility
Ytd Avg. 2024
21.21%
Equity-Utility/Global
ELECTRON GLOBAL FUND,
L.P.
Electron Capital Partners, LLC
28 Feb 13
M
$3'000M
Nov 24
289.31
USD
20 Dec
24
Ytd Avg. 2024
21.21%
(1.56%) 21.21%
-9.8%
8.6%
12.9%
37.66%
7.42%
9.41%
13.83%
(25.65%)
Jan 20 - Mar
20
Fixed Income
Ytd Avg. 2024
24.16%
Fixed Income/Global
SABA CAPITAL CEF
30 Sep 15
OPPORTUNITIES 1, LTD
Saba Capital Management, L.P.,
Boaz Weinstein
M
$165M
Nov 24
290.76
USD
13 Dec
24
Ytd Avg. 2024
24.16%
0.20% 24.16%
17.7%
-5.09%
11.52%
4.88%
38.57%
12.29%
14.69%
(26.70%)
Jan 20 - Mar
20
Long/Short
Ytd Avg. 2024
11.80%
1. Max Drawdown: Peak to trough.
Past performance is not a reliable indicator of future performance.
Source - HSBC
HSBC Alternative Investment Group
|
30
Inception Liquidity Asset
Date
Size
Last NAV Currency
or Index
Date
Long/Short/Global
MAN NUMERIC QUANTITATIVE 31 May 23
ALPHA FUND
Man Numeric; Joseph Schirripa
M
PARALOS LS EQUITIES FUND 31 May 22
Paralos Asset Management Ltd
M
131.51
$70M
Jan 24
121.62
USD
USD
30 Sep
24
31 Jan 24
MTD
YTD
2023
Ytd Avg. 2024
11.80%
1.18% 25.56%
4.74%
2022
2021
2020
2019
Ann.
Return
Ann.
Volatility
22.74%
8.42%
Max
Drawdown1
(2.74%)
Jun 23 - Aug
23
(1.96%) (1.96%)
12.39%
10.37%
12.42%
5.45%
(2.60%)
Jan 23 - Feb
23
1. Max Drawdown: Peak to trough.
Past performance is not a reliable indicator of future performance.
Source - HSBC
HSBC Alternative Investment Group
|
31
Inception Liquidity Asset
Date
Size
Last NAV Currency
or Index
Date
MTD
YTD
2023
2022
2021
2020
2019
Ann.
Return
Ann.
Volatility
Ytd Avg. 2024
7.57%
(0.38%)
7.32%
12.62%
-5.99%
23.79%
4.33%
-1.15%
5.90%
6.46%
Max
Drawdown1
Credit
Ytd Avg. 2024
5.86%
Credit/Europe
KING STREET EUROPE, LTD 30 Jun 07
King Street Capital Management,
L.P. / Brian Higgins
SERONE EUROPEAN SPECIAL 29 Feb 20
SITUATIONS FUND EUR
Serone Capital Management,
Matt Hartnett
M
SERONE EUROPEAN SPECIAL 29 Feb 20
SITUATIONS FUND USD
Serone Capital Management,
Matt Hartnett
M
$400M
Nov 24
271.52
$75M
Jul 24
154.88
$75M
Jul 24
149.77
USD
EUR
USD
30 Nov
24
31 Aug
24
0.00%
31 Aug
24
0.00%
Credit/Global
AG SUPER FUND, L.P.
Angelo, Gordon & Co./Josh
Baumgarten & Daniel Pound
30 Jun 20
BLUEBAY EVENT DRIVEN
30 Nov 09
CREDIT FUND
Adam Phillips and Duncan Farley
Q
IRONSHIELD SPECIAL
SITUATIONS L1 FUND
David Nazar and Amit Jain
Q
31 Jul 07
$974M
Sep 24
141.20
€218M
Oct 24
321.33
$174M
Nov 24
445.30
USD
EUR
USD
30 Sep
24
(16.21%)
Sep 18 - Mar
20
7.38%
-3.58%
-9.1%
24.47%
32.22%
10.19%
7.08%
(14.52%)
Jan 22 - Nov
23
8.01%
-2.96%
-11.24%
22.62%
31.29%
9.38%
7.07%
(16.05%)
Sep 21 - Nov
23
Ytd Avg. 2024
4.15%
0.66%
7.74%
7.12%
-4.37%
13.9%
12.34%
8.45%
4.11%
(4.83%)
Mar 22 - Dec
22
13 Dec
24
(1.18%)
6.44%
30 Nov
24
0.14% (1.72%)
10.22%
15.06%
15.96%
10.08%
6.77%
8.07%
6.10%
(13.51%)
Jan 20 - Apr
20
9.09%
22.48%
30.8%
5.28%
3.14%
8.99%
10.67%
(16.83%)
Oct 07 - Apr
09
Diversified
Ytd Avg. 2024
16.40%
Diversified/Global
CASTLEKNIGHT MASTER
FUND LP
CastleKnight Management LP,
Aaron Weitman
30 Sep 20
UNION SQUARE PARK
PARTNERS LP
Leon Zaltzman
31 Mar 15
Q
Q
$1'790M
Dec 24
311.71
$110M
Nov 24
145.95
USD
USD
30 Nov
24
30 Nov
24
Ytd Avg. 2024
16.40%
4.69% 29.66%
16.61%
3.93%
63.76%
21.14%
31.34%
20.25%
(14.68%)
Mar 22 - May
23
10.75%
3.14%
5.2%
-23.02%
24.67%
44.51%
16.73%
3.98%
19.83%
(36.74%)
May 21 - Jun
24
1. Max Drawdown: Peak to trough.
Past performance is not a reliable indicator of future performance.
Source - HSBC
HSBC Alternative Investment Group
|
32
Inception Liquidity Asset
Date
Size
Last NAV Currency
or Index
Date
MTD
YTD
2023
2022
2021
2020
2019
Ann.
Return
Ann.
Volatility
Ytd Avg. 2024
5.55%
1.89% 11.64%
7.23%
-3.55%
6.33%
12.24%
-5%
4.45%
6.70%
Max
Drawdown1
Equity-Diversified
Ytd Avg. 2024
7.13%
Equity-Diversified/Europe
ALPHA UCITS AMBER EQUITY 31 Oct 13
FUND
Amber Capital SGR SPA Giorgio Martorelli
W
BLUEBELL ACTIVE EQUITY
30 Nov 19
FUND
Giuseppe Bivona, Marco Taricco
M
€43M
Sep 24
1,659.51
€82M
Nov 24
138.77
EUR
EUR
23 Dec
24
30 Nov
24
Equity-Diversified/Global
ENGINE CAPITAL, LP
30 Jun 13
Engine Capital Management, LP,
Arnaud Ajdle
Q
METRICA ASIA EVENT DRIVEN 31 May 17
FEEDER ONE
METRICA PARTNERS PTE LTD
$1'114M
Nov 24
519.15
$60M
Nov 24
1,474.49
USD
USD
30 Nov
24
30 Nov
24
Equity-Diversified/USA
VAZIRANI OFFSHORE LTD
Vazirani Asset Management
LLC, Raj Vazirani
30 Sep 15
Q
$39M
Sep 24
199.02
USD
30 Sep
24
(18.44%)
Apr 17 - Mar
20
0.24% (0.54%)
7.37%
-0.99%
24.29%
5.66%
-0.07%
6.76%
13.43%
(13.68%)
Dec 21 - Sep
22
Ytd Avg. 2024
13.43%
7.60% 20.14%
15.48%
6.58%
32.58%
25.77%
51.93%
15.50%
13.23%
(19.30%)
Jul 18 - Dec
18
2.98%
6.71%
11.9%
17.41%
13.73%
-18.82%
3.84%
5.31%
8.63%
(20.54%)
Aug 19 - Nov
20
Ytd Avg. 2024
(2.31%)
(0.46%) (2.31%)
2.18%
2.12%
12.78%
-1.54%
13.65%
7.94%
17.76%
(37.71%)
Jan 20 - Mar
20
Merger-Arbitrage
Ytd Avg. 2024
(0.72%)
Merger-Arbitrage/Global
TIG ARBITRAGE ENHANCED
FUND
Drew Figdor
29 Feb 12
M
$361M
Oct 24
222.46
USD
31 Oct 24
Ytd Avg. 2024
(0.72%)
(1.06%) (0.72%)
10.49%
2.19%
8.76%
9.72%
5.12%
6.51%
5.83%
(7.46%)
Feb 20 - Mar
20
Multi-Strategy
Ytd Avg. 2024
8.89%
Multi-Strategy/Europe
ACCENDO CAPITAL SICAV SIF 29 Feb 08
Henri Osterlund, Mark Shay, Kai
Tavakka
Q
€112M
Nov 24
4,159.57
EUR
30 Nov
24
Ytd Avg. 2024
(6.50%)
(8.06%) (8.67%)
-48.46%
-11.22%
58.38%
69.29%
45.58%
8.87%
23.08%
(60.00%)
Dec 21 - Mar
24
1. Max Drawdown: Peak to trough.
Past performance is not a reliable indicator of future performance.
Source - HSBC
HSBC Alternative Investment Group
|
33
Inception Liquidity Asset
Date
Size
Last NAV Currency
or Index
Date
Multi-Strategy/Europe
PRIVILEDGE AMBER EVENT
EUROPE (EUR) NA
AMBER Capital UK LL, Olivier
Fortesa
30 Jun 18
D
€175M
Sep 24
12.51
EUR
20 Dec
24
Multi-Strategy/Global
14B INVESTMENTS FUND LLC 31 Dec 08
14B Capital Management LP
Q
BG UMBRELLA FUND PLC
Boussard & Gavaudan
Investment Management
M
28 Feb 03
CORRE OPPORTUNITIES
31 Jul 09
QUALIFIED MASTER FUND LP
Corre Partners Management,
LLC / John Barrett, Eric
Soderlund
Q
ECF VALUE FUND
INTERNATIONAL LTD
Gates Capital Management Inc.
30 Jun 02
Q
HELIUM SELECTION
Syquant Capital - Xavier Morin
31 Dec 17
KITE LAKE (KL) SPECIAL
OPPORTUNITIES FUND LTD
Jamie Sherman & Jan Lernout
31 Jan 11
KRYGER EVENT FUND
Kryger Capital Limited
31 Aug 13
LITESPEED MASTER FUND
LTD
Jamie Zimmerman
30 Sep 00
LO FUNDS-EVENT DRIVEN
Georges Gedeon
31 Mar 23
METEORA SELECT TRADING
OPPORTUNITIES LP
Meteora Capital, LLC - Vikas
Mittal
28 Feb 22
D
Q
M
Q
Q
M
$181M
Nov 24
1,054.54
€1'348M
Nov 24
212.36
$700M
Mar 24
440.87
$531M
Nov 24
1,335.19
$1'016M
Nov 24
1,581.40
$1'670M
Nov 24
313.20
$211M
Nov 24
235.23
$208M
Dec 23
699.94
$97M
Nov 24
113.55
$120M
May 24
148.39
USD
USD
USD
USD
USD
USD
USD
USD
USD
30 Nov
24
MTD
YTD
2023
2022
2021
2020
2019
Ann.
Return
Ann.
Volatility
Ytd Avg. 2024
(6.50%)
(2.43%) (4.34%)
10.01%
-0.16%
6.11%
6.91%
5.14%
3.51%
7.33%
Max
Drawdown1
(11.71%)
Dec 19 - Mar
20
Ytd Avg. 2024
11.46%
1.02% 10.51%
63.16%
-19.46%
2.85%
15.68%
29.66%
15.94%
16.75%
(29.63%)
Apr 21 - Sep
22
20 Dec
24
1.49%
30 Nov
24
1.79%
30 Nov
24
6.20%
30 Nov
24
0.29%
30 Nov
24
1.18%
30 Nov
24
(0.85%)
30 Nov
23
1.50%
31 Oct 24
0.38%
6.16%
1.64%
-3.09%
11.63%
12.52%
5.87%
6.16%
5.91%
(22.71%)
May 07 - Nov
08
13.74%
4.88%
-6.65%
15.11%
9.79%
4.86%
10.15%
7.10%
(16.54%)
Aug 14 - Feb
16
15.10%
24.34%
-27.17%
31.61%
17.87%
31.33%
12.25%
19.33%
(43.83%)
May 07 - Dec
08
5.49%
9.35%
4.94%
12.6%
8.74%
8.18%
6.85%
7.00%
(12.69%)
Jan 20 - Mar
20
8.38%
10.81%
14.38%
10.54%
5.7%
3.61%
8.60%
6.51%
(9.49%)
Jan 20 - Mar
20
0.39%
7.38%
3.62%
8.45%
8.27%
10.31%
8.02%
8.21%
(15.25%)
Jan 20 - May
20
-6.43%
-11.94%
30.26%
7.5%
2.82%
8.76%
10.48%
(28.83%)
May 07 - Dec
08
6.54%
6.57%
8.32%
2.29%
(0.43%)
Apr 23 - May
23
USD
20 Dec
24
0.87%
13.14%
21.7%
7.78%
15.07%
2.70%
(0.20%)
Apr 22 - May
22
1. Max Drawdown: Peak to trough.
Past performance is not a reliable indicator of future performance.
Source - HSBC
HSBC Alternative Investment Group
|
34
Inception Liquidity Asset
Date
Size
Last NAV Currency
or Index
Date
Multi-Strategy/Global
OWL CREEK OVERSEAS FUND 31 Jan 02
LTD
Jeffrey Altman
Y
PSAM WORLDARB MASTER
FUND LTD
P. Schoenfeld Asset
Management LP
Q
31 Aug 98
WHITEBOX MULTI-STRATEGY 31 Dec 01
FUND
Robert Vogel
Q
$371M
Nov 24
8,076.81
$253M
Jun 24
646.89
$2'577M
Nov 24
1,127.93
USD
USD
USD
20 Dec
24
MTD
YTD
2023
2022
2021
2020
2019
Ann.
Return
Ann.
Volatility
Ytd Avg. 2024
11.46%
(4.40%) 26.31%
-0.18%
-6.97%
3.49%
0.86%
8.56%
9.55%
13.36%
Max
Drawdown1
(21.89%)
Jan 20 - Mar
20
30 Sep
24
1.97%
20 Dec
24
0.46%
17.85%
1.33%
-11.49%
10.18%
16.72%
8.09%
7.41%
7.14%
(29.14%)
May 07 - Nov
08
13.87%
10.09%
7.84%
14.08%
3.25%
2.36%
11.12%
8.52%
(34.40%)
Jun 08 - Dec
08
XX
Ytd Avg. 2024
35.70%
XX/Global
TWO SEAS GLOBAL FUND
SINA TOUSSI
28 Feb 21 90 days
$788M
Oct 24
224.32
USD
30 Nov
24
Ytd Avg. 2024
35.70%
6.11% 35.70%
21.59%
11.04%
22.43%
24.00%
11.42%
(7.25%)
Sep 23 - Oct
23
1. Max Drawdown: Peak to trough.
Past performance is not a reliable indicator of future performance.
Source - HSBC
HSBC Alternative Investment Group
|
35
Inception Liquidity Asset
Date
Size
Last NAV Currency
or Index
Date
MTD
YTD
2023
2022
2021
2020
2019
Ann.
Return
Ann.
Volatility
Ytd Avg. 2024
11.09%
0.39%
9.54%
4.05%
2.35%
20.02%
1.49%
4.55%
9.62%
6.04%
Max
Drawdown1
Credit
Ytd Avg. 2024
10.79%
Credit/Global
ELLINGTON CREDIT
OPPORTUNITIES, LTD
Ellington Management Group,
LLC
30 Apr 08
ELLINGTON MORTGAGE
OPPORTUNITIES MASTER
FUND LTD
Ellington Management Group,
LLC
31 Jan 09
Q
Q
$233M
Nov 24
459.51
$199M
Oct 24
398.80
USD
USD
30 Nov
24
30 Nov
24
Credit/USA
CELLO FIXED INCOME
MASTER FUND LP
Cello Capital Management LP,
Antoine Schetritt
31 Dec 09
M
$543M
Nov 24
244.30
USD
30 Nov
24
(14.88%)
Feb 20 - Apr
20
1.10%
12.63%
10.53%
-4.21%
-1.51%
6.84%
8.79%
9.12%
4.91%
(11.32%)
Jan 20 - Mar
20
Ytd Avg. 2024
10.21%
(0.26%) 10.21%
6.2%
13.66%
-0.72%
-3.48%
5.86%
6.17%
5.00%
(9.29%)
Sep 16 - Mar
20
Diversified
Ytd Avg. 2024
0.17%
Diversified/Global
REDHEDGE RV CORPORATE
BONDS FUND
Andrea Seminara
31 Aug 16
W
€47M
Nov 24
119.96
EUR
17 Dec
24
Ytd Avg. 2024
0.17%
(0.26%)
0.17%
0.27%
1.89%
0.65%
5.03%
2.01%
2.22%
1.33%
(0.89%)
Dec 22 - Feb
23
Fixed Income
Ytd Avg. 2024
7.18%
Fixed Income/Europe
REDHEDGE SYNERGY TOTAL 30 Nov 22
RETURN FUND
Andrea Seminara
Q
€170M
Oct 24
118.67
EUR
30 Nov
24
Fixed Income/Global
AXONIC SYSTEMATIC
ARBITRAGE FUND LTD
Deniz Cicek
31 Mar 12
M
$173M
Nov 24
233.01
USD
20 Dec
24
Ytd Avg. 2024
3.75%
0.28%
3.75%
11.9%
2.21%
8.92%
3.66%
(1.74%)
Oct 23 - Nov
23
Ytd Avg. 2024
7.86%
(0.18%)
9.88%
6.37%
-3.4%
12.39%
14.66%
-2.64%
6.87%
9.10%
(10.57%)
Apr 22 - Mar
23
1. Max Drawdown: Peak to trough.
Past performance is not a reliable indicator of future performance.
Source - HSBC
HSBC Alternative Investment Group
|
36
Inception Liquidity Asset
Date
Size
Last NAV Currency
or Index
Date
Fixed Income/Global
BLACKROCK FIXED INCOME
GLOBAL ALPHA FUND
Tom Parker
30 Sep 06
BTG PACTUAL RATES FUND
LP
John Fath
31 Mar 16
HFREU PROXIMUS FUND
Trutino Capital Managment,
Chris Brumbach
31 Jul 18
OBSIDIAN RELATIVE VALUE
STRATEGY FUND
BlackRock, Jack Hattem
31 Aug 18
M
M
M
$830M
Oct 24
310.26
$361M
Mar 24
181.03
$138M
Nov 24
151.59
$322M
Nov 24
137.10
USD
USD
USD
USD
30 Nov
24
MTD
YTD
2023
2022
2021
2020
2019
Ann.
Return
Ann.
Volatility
Ytd Avg. 2024
7.86%
0.50%
6.26%
3.6%
1.56%
6.67%
7.22%
7.76%
6.46%
5.46%
Max
Drawdown1
(10.54%)
Jun 08 - Dec
08
30 Nov
24
0.62%
30 Nov
24
1.97%
30 Nov
24
1.21%
7.77%
8.48%
-0.16%
3.83%
7.76%
11.26%
7.08%
2.00%
(1.32%)
Feb 22 - Jun
22
8.03%
13.22%
5.39%
-6.1%
10.99%
13.02%
6.78%
6.92%
(14.24%)
Oct 20 - Sep
22
7.38%
8.16%
-1.06%
-4%
14.16%
10.32%
5.17%
4.11%
(8.98%)
Oct 20 - Mar
22
1. Max Drawdown: Peak to trough.
Past performance is not a reliable indicator of future performance.
Source - HSBC
HSBC Alternative Investment Group
|
37
Inception Liquidity Asset
Date
Size
Last NAV Currency
or Index
Date
MTD
YTD
2023
2022
2021
2020
2019
Ann.
Return
Ann.
Volatility
Ytd Avg. 2024
1.69%
1.69%
1.69%
8.59%
-4.67%
5.49%
-0.11%
7.47%
3.73%
7.44%
Max
Drawdown1
Credit
Ytd Avg. 2024
1.69%
Credit/Global
KEMPEN DIVERSIFIED
STRUCTURED CREDIT POOL
Kempen Capital Management
31 Mar 17
Q
$180M
Jan 24
1,284.70
USD
31 Jan 24
(17.13%)
Jan 20 - Mar
20
Distressed
Ytd Avg. 2024
1.19%
Distressed/Global
KEMPEN DIVERSIFIED
DISTRESSED DEBT POOL
Kempen Capital Management
31 Dec 20
Q
$144M
Jan 24
118.38
USD
31 Jan 24
Ytd Avg. 2024
1.19%
1.19%
1.19%
5.41%
-4.79%
16.57%
-
5.62%
4.67%
(7.27%)
Mar 22 - Oct
22
Multi-Strategy
Ytd Avg. 2024
10.88%
Multi-Strategy/Global
ACCUMULUS FUND
Benjamin Schliemann
30 Jun 09
M
DIAMOND NEUTRAL FUND
31 Oct 02
CLASS A1
Elchanan Jaglom, Daniel Jaglom
Q
EXPONENTIAL AGE DIGITAL
ASSET FUND (OFFSHORE)
LTD
Exponential Age Asset
Management and Raoul Pal
31 Oct 21
Q
GOLDMAN SACHS FUNDS II GLOBAL MULTI-MANAGER
ALTERNATIVE PORTFOLIO R
Goldman Sachs Asset
Management
31 Dec 15
HEADSTART FUND OF FUNDS 30 Nov 08
Najy Nasser / Henry Watkinson
Q
M
$394M
Sep 24
316.56
$66M
Sep 24
274.46
$75M
Jan 24
96.14
$132M
Jun 24
126.06
$142M
Apr 24
5,394.93
USD
USD
USD
USD
30 Nov
24
Ytd Avg. 2024
10.88%
0.56%
9.76%
7.58%
3.4%
9.7%
12.83%
4.07%
6.80%
3.24%
(6.34%)
Feb 20 - Mar
20
30 Nov
24
0.74%
30 Nov
24
51.70%
04 Oct 24
0.11%
8.18%
3.85%
-1.4%
5.24%
17.3%
4.81%
4.67%
3.89%
(14.18%)
Jun 08 - Dec
08
61.87% 107.91%
-67.4%
-12.37%
(1.27%)
63.69%
(71.43%)
Oct 21 - Dec
22
6.79%
-0.14%
-4.99%
4.76%
7.22%
7.78%
2.63%
4.54%
(7.69%)
Aug 21 - Jul
23
USD
15 Dec
24
0.50%
1.35%
20.47%
20.66%
11.45%
20.84%
3.92%
7.62%
8.69%
(14.01%)
May 15 - Feb
20
1. Max Drawdown: Peak to trough.
Past performance is not a reliable indicator of future performance.
Source - HSBC
HSBC Alternative Investment Group
|
38
Inception Liquidity Asset
Date
Size
Last NAV Currency
or Index
Date
Multi-Strategy/Global
HSBC GH FUND USD
HSBC Alternative Investments
Limited
31 May 96
HSBC UCITS ADVANTEDGE
FUND - USD CLASS
Hsbc Alternative Inv. Ltd
31 Oct 09
KEMPEN NON DIRECTIONAL
PARTNERSHIP
KEMPEN CAPITAL
MANAGEMENT
30 Apr 06
M
W
Q
LEONIS FUND SPC - CAPLAND 31 Jan 16
ALTERNATIVES SEGREGATED
PORTFOLIO
CAPLAND SA
Q
PCAM BLUE CHIP LTD.
30 Sep 07
Prime Capital AG - Tilo Wendorff
Q
PCAM SELECT SUB-FUND
31 Jul 18
Prime Capital AG - Tilo Wendorff
Q
SYZ CAPITAL
UNCORRELATED I USD
SYZ Capital AG - Cedric
Vuiginier
31 Aug 16
M
SYZCREST DIGITAL
UNCORRELATED CLASS A
SYZ Capital AG - Cedric
Vuiginier
31 Dec 20
M
$2'194M
Sep 24
533.90
$310M
Sep 24
111.20
$147M
Jan 24
136.43
$157M
Oct 24
167.74
$1'167M
Oct 24
4,514.30
$154M
Oct 24
1,389.95
$57M
Sep 24
1,412.77
$58M
Sep 24
183.44
USD
USD
USD
13 Dec
24
MTD
YTD
2023
2022
2021
2020
2019
Ann.
Return
Ann.
Volatility
Ytd Avg. 2024
10.88%
0.69% 10.31%
5.68%
0.32%
3.81%
12.73%
7.1%
6.04%
5.36%
Max
Drawdown1
(18.30%)
Jun 08 - Dec
08
18 Dec
24
(0.19%)
31 Jan 24
0.96%
5.33%
4.43%
-4.14%
4%
4.01%
8.62%
0.71%
4.00%
(12.86%)
May 15 - Nov
16
0.96%
7.91%
3.72%
6.82%
7.8%
2.95%
4.23%
4.75%
(21.90%)
Oct 07 - Dec
08
USD
31 Oct 24
0.35%
6.28%
1.79%
6.98%
7.01%
12.05%
7.6%
5.98%
3.49%
(4.61%)
Jan 20 - Mar
20
USD
USD
USD
USD
30 Nov
24
1.78%
30 Nov
24
0.66%
30 Sep
24
0.52%
30 Sep
24
0.50%
11.05%
7.21%
6.89%
10.74%
10.32%
7.18%
7.30%
4.39%
(16.77%)
Jun 08 - Dec
08
6.58%
8.9%
2.37%
9.08%
3.34%
5.77%
5.33%
4.33%
(9.40%)
Jan 20 - Mar
20
4.42%
6.32%
2.7%
3.31%
6.65%
5.86%
4.36%
3.05%
(5.62%)
Jan 20 - Mar
20
8.59%
14.59%
-0.46%
48.1%
-
17.56%
7.99%
(7.80%)
Oct 22 - Nov
22
1. Max Drawdown: Peak to trough.
Past performance is not a reliable indicator of future performance.
Source - HSBC
HSBC Alternative Investment Group
|
39
Inception Liquidity Asset
Date
Size
Last NAV Currency
or Index
Date
MTD
YTD
2023
2022
2021
2020
2019
Ann.
Return
Ann.
Volatility
Ytd Avg. 2024
16.08%
(1.20%) 16.08%
17.18%
-14.77%
-0.75%
31.24%
35.39%
9.01%
17.83%
Max
Drawdown1
Equity-Diversified
Ytd Avg. 2024
13.76%
Equity-Diversified/Emerging
CARRHAE CAPITAL LONG
FUND CLASS F SHARES
Ali Akay
31 Jan 14
Q
$1'456M
Nov 24
255.96
USD
20 Dec
24
Equity-Diversified/Global
EQUITILE RESILIENCE FUND 29 Feb 16
Equitile Investments Ltd - George
Cooper
D
HARVEY PARTNERS
SMALL-CAP OPPORTUNITY
COMPOSITE
James Schwartz
31 Dec 16
M
INDUS JAPAN LONG ONLY
JAPAN
Howard Smith
31 Jan 10
INDUS SELECT MASTER FUND 31 Dec 08
LTD
John Pinkel
LANSDOWNE DEVELOPED
MARKETS LONG ONLY FUND
LTD CLASS A USD
Peter Davies, Jonathon Regis
31 Oct 12
LANSDOWNE EUROPEAN
LONG ONLY FUND LTD
Daniel Avigad
31 Dec 04
M
M
$211M
Jan 24
239.94
$929M
Aug 24
409.11
$111M
Sep 24
319.68
$2'403M
Sep 24
512.55
$1'516M
Jul 24
330.03
$96M
Jul 24
170.72
USD
USD
USD
USD
USD
EUR
24 Dec
24
(33.90%)
May 21 - Sep
22
Ytd Avg. 2024
13.37%
(2.52%) 12.73%
7.67%
-31.7%
29.68%
32.9%
36.19%
10.43%
16.97%
(35.61%)
Dec 21 - Sep
22
30 Nov
24
8.47%
30 Nov
24
2.10%
30 Nov
24
(1.60%)
20 Dec
24
(1.62%)
20 Dec
24
(1.86%)
18.91%
17.02%
-13.22%
32.19%
56.92%
44.53%
19.47%
20.52%
(23.79%)
Dec 21 - Sep
22
10.59%
17.27%
-21.98%
5.17%
27%
24.56%
8.15%
15.76%
(32.23%)
Sep 21 - Sep
22
10.06%
19.88%
-20.99%
15.44%
42.5%
20.52%
10.81%
15.94%
(29.01%)
Jun 21 - Oct
22
22.24%
19.66%
-18.4%
14.19%
3.45%
18.55%
10.33%
18.55%
(37.11%)
May 21 - Sep
22
5.71%
12.75%
-17.7%
32.29%
11.72%
22.22%
8.03%
14.72%
(45.96%)
May 07 - Feb
09
Equity-Energy
Ytd Avg. 2024
21.97%
Equity-Energy/Global
CLEAN ENERGY FUND
Clean Energy Transition LLP Per Lekander
31 Dec 16
M
$884M
Jan 24
265.79
EUR
20 Dec
24
Ytd Avg. 2024
21.97%
(5.11%) 21.97%
8.03%
-8.69%
18.52%
44.17%
36.21%
13.38%
17.04%
(19.32%)
Jan 20 - Mar
20
1. Max Drawdown: Peak to trough.
Past performance is not a reliable indicator of future performance.
Source - HSBC
HSBC Alternative Investment Group
|
40
Inception Liquidity Asset
Date
Size
Last NAV Currency
or Index
Date
MTD
YTD
2023
2022
Ytd Avg. 2024
6.70%
2.63%
5.73%
-5.75%
-0.55%
2021
2020
2019
Ann.
Return
Ann.
Volatility
(0.45%)
10.46%
Max
Drawdown1
Commodity
Ytd Avg. 2024
6.70%
Commodity/Global
GLOBAL CARBON
OPPORTUNITY FUND
Callum Lee
31 Oct 22
GZC STRATEGIC
COMMODITIES FUND LTD
(SCF)
GZC Investment Management
AG
31 May 10
MERCHANT COMMODITY
FUND (THE) - COMPOSITE
Doug King
31 May 04
MILLBURN RESOURCE
OPPORTUNITIES PROGRAM
Millburn Ridgefield Corporation
31 May 21
M
M
M
M
SVELLAND GLOBAL TRADING 31 Jul 17
FUND
Svelland Capital, Tor A. Svelland
M
WESTBECK ENERGY
OPPORTUNITY FUND
Jean-Louis Le Mee
M
31 Dec 18
$59M
Nov 24
99.10
$213M
May 24
137.09
$237M
Nov 24
2,102.84
$214M
Sep 24
104.37
$586M
Sep 24
408.62
$480M
Nov 24
824.98
USD
31 Oct 24
(15.10%)
Oct 22 - Jun
23
USD
30 Apr 24
(0.10%) (0.91%)
-3.31%
-7.8%
-0.56%
19.96%
-0.46%
2.29%
9.21%
(16.70%)
Oct 21 - Jan
24
USD
USD
USD
USD
30 Nov
24
(5.41%)
20 Dec
24
(1.61%)
30 Nov
24
(3.41%)
13 Dec
24
(2.48%)
12.26%
4.58%
45.17%
66.08%
19.06%
6.15%
16.01%
21.85%
(36.93%)
Dec 10 - Oct
11
2.24%
-7.21%
14.94%
-4.29%
1.21%
10.80%
(14.48%)
Jun 22 - Jun
23
9.68%
10.44%
46.66%
36.2%
31.89%
27.93%
21.14%
23.12%
(32.85%)
Oct 17 - May
19
11.18%
-3.37%
46.12% 107.23%
81.85%
39.45%
42.52%
32.63%
(25.97%)
Jun 20 - Oct
20
Commodity-Systematic
Ytd Avg. 2024
3.69%
Commodity-Systematic/Global
MILLBURN COMMODITY
PROGRAM
Millburn Ridgefield Corporation
28 Feb 05
M
$457M
Nov 24
492.34
USD
20 Dec
24
Ytd Avg. 2024
3.69%
(0.54%)
3.69%
2.44%
18.5%
10.55%
14.5%
5.41%
8.37%
11.63%
(30.96%)
Apr 11 - Nov
13
Diversified
Ytd Avg. 2024
6.22%
Diversified/Emerging
ENKO AFRICA DEBT FUND
Enko Fund Managers, Alain
Nkontchou
30 Apr 17
Q
$719M
Nov 24
291.19
USD
30 Nov
24
Ytd Avg. 2024
9.80%
0.96% 21.22%
16.39%
1.03%
9.42%
25.24%
25.09%
15.12%
11.11%
(23.00%)
Dec 21 - Jun
22
1. Max Drawdown: Peak to trough.
Past performance is not a reliable indicator of future performance.
Source - HSBC
HSBC Alternative Investment Group
|
41
Inception Liquidity Asset
Date
Size
Last NAV Currency
or Index
Date
Diversified/Emerging
GAVEA FUND LTD . CLASS A
31 Jul 03
S/1
Fraga Arminio and Gabriel Srour
Q
PHARO AFRICA FUND LTD
Pharo Team
31 Jan 13
Q
PHARO GAIA FUND LTD
Pharo Team
30 Nov 08
PROMERITUM EM
SEGREGATED FUND
Promeritum Investment
Management LLP
31 Dec 14
SCHRODER ISF EMERGING
MARKET DEBT A/R -I ACCAbdallah Guezour
31 Jan 02
SPINNAKER GLOBAL
EMERGING MARKETS FUND,
LTD
Alexis Habib
30 Jun 99
Q
M
D
Q
$280M
Nov 24
338.11
$770M
Nov 24
2,313.32
$3'343M
Nov 24
3,958.96
$376M
Nov 24
233.31
$1'212M
Sep 24
42.37
$343M
Nov 24
3,128.47
USD
USD
USD
USD
USD
USD
20 Dec
24
M
AVIVA INVESTOR
31 Jul 14
MULTI-STRATEGY TARGET
RETURN FUND I EUR
Peter Fitzgerarld, Mark
Robertson and James McAlevey
D
AVM GLOBAL OPPORTUNITY
FUND
AVM Capital Pte Ltd
31 Oct 16
M
BIG DIVERSIFIED MACRO
FUND
Banco BiG, Andre Veloso,
Ricardo Seabra
31 May 18
BLUEBAY GLOBAL
30 Nov 15
SOVEREIGN OPPORTUNITIES
FUND
Russel Matthews
M
D
$520M
Nov 24
206.17
€624M
Sep 24
124.88
$190M
Nov 24
207.25
€95M
Nov 24
139.63
$453M
Nov 24
151.96
USD
EUR
USD
EUR
USD
YTD
2023
2022
2021
2020
2019
Ann.
Return
Ann.
Volatility
Ytd Avg. 2024
9.80%
0.71%
1.48%
2.89%
10.36%
1.98%
7.29%
1.59%
5.86%
6.29%
0.97%
30 Nov
24
2.07%
30 Nov
24
1.68%
23 Dec
24
(0.97%)
30 Nov
24
1.00%
30 Nov
24
Max
Drawdown1
(12.50%)
Jul 08 - Oct
08
30 Nov
24
Diversified/Global
ARP PUBLIC OPPORTUNITIES 31 Oct 18
FUND
Yusuf Alireza
MTD
6.15%
6.31%
-12.94%
16.87%
12.58%
19%
7.34%
9.19%
(19.78%)
Aug 21 - Mar
23
15.59%
13.92%
-19%
-10.53%
12.28%
9.68%
9.36%
12.00%
(28.69%)
Dec 20 - Nov
22
13.28%
15.78%
4.53%
4.58%
7.21%
9.61%
8.91%
5.06%
(8.94%)
Jan 20 - Mar
20
0.18%
13.29%
-8.22%
-6.34%
7.59%
6.54%
5.23%
6.04%
(18.49%)
Dec 20 - Sep
22
10.72%
13.12%
-10.14%
-0.99%
7.34%
12.53%
14.49%
11.36%
(33.18%)
May 08 - Feb
09
Ytd Avg. 2024
5.02%
6.23% 18.49%
4.18%
3.16%
14.34%
23.61%
23.38%
12.62%
13.69%
(18.34%)
Jan 20 - Mar
20
20 Dec
24
(1.04%)
30 Nov
24
2.93%
30 Nov
24
3.08%
13 Dec
24
0.49%
2.82%
4.95%
4.04%
1.22%
2.5%
8.83%
2.12%
5.10%
(10.25%)
Nov 15 - Dec
18
11.82%
8.22%
2.67%
16.92%
11.24%
10.34%
9.43%
4.59%
(7.89%)
Jan 18 - Nov
18
7.26%
13.61%
2.66%
6.79%
3.76%
-0.98%
5.26%
5.50%
(6.29%)
Feb 19 - Mar
20
3.80%
4.68%
16.33%
-4.37%
2.69%
7.96%
4.74%
6.13%
(9.21%)
Feb 21 - Nov
21
1. Max Drawdown: Peak to trough.
Past performance is not a reliable indicator of future performance.
Source - HSBC
HSBC Alternative Investment Group
|
42
Inception Liquidity Asset
Date
Size
Last NAV Currency
or Index
Date
Diversified/Global
BREVAN HOWARD FUND, LTD 31 Mar 03
- USD CLASS A
Alan Howard
M
DG MACRO FUND LTD
David Gorton
31 Mar 04
M
EPISODE INC. CLASS A
David Fishwick / Tony Finding
31 Jul 05
GAM STAR GLOBAL RATES
CLASS USD
Adrian Owens, Rahul Mathur,
Scott Watson
31 Oct 09
GEMSSTOCK FUND - B1 USD
Al Breach, Darren Read &
Andrew Bowman
30 Nov 10
HONDIUS MACRO
Hondius Capital, Shawn
Matthews
31 Jul 19
Q
D
M
M
MASSAR MACRO COMMODITY 31 Aug 13
FUND
Marwan Younes
M
MLM MACRO PEAK
31 Jan 96
PARTNERS OFFSH FD, LTD - B
Timothy Rudderow
M
ORTUS OPPORTUNITY FUND 31 Dec 17
Dr Joe Zhou
HY
PACIFIC G10 MACRO RATES
Shayne Dunlap, Richard
Marshall, Oleg Gustap
28 Feb 19
D
PHARO MACRO FUND LTD
Pharo Team
30 Apr 05
PIMCO ABSOLUTE RETURN
STRATEGY IV OFFSHORE
FUND II , CL. A/1
Rick Chan, Qi Wang
31 Mar 02
Q
Q
$11'870M
Oct 24
551.99
$159M
Oct 24
247.11
$735M
Feb 24
245.44
$286M
Nov 24
18.28
$2'310M
Nov 24
526.59
$44M
Oct 24
133.12
$1'230M
Nov 24
259.64
$428M
Nov 24
1,957.80
$205M
Feb 24
101.97
£258M
Sep 24
11.77
$2'622M
Nov 24
5,068.56
$359M
Aug 24
4,175.20
USD
31 Oct 24
MTD
YTD
2023
2022
2021
2020
2019
Ann.
Return
Ann.
Volatility
Ytd Avg. 2024
5.02%
(3.11%)
0.07%
-1.89%
20.11%
2.09%
27.41%
8.49%
8.49%
7.75%
Max
Drawdown1
(10.01%)
Apr 13 - Sep
16
USD
31 Oct 24
(0.96%)
0.60%
-0.04%
30.05%
-4.89%
3%
8.65%
4.49%
8.64%
(34.17%)
Jan 08 - Dec
08
USD
30 Apr 24
(1.51%) (2.72%)
9%
16.82%
-2.17%
7.43%
13.73%
4.90%
9.47%
(32.77%)
Oct 07 - Feb
09
USD
USD
23 Dec
24
(3.38%) (4.58%)
31 Oct 24
0.57%
8.57%
15.24%
9.16%
7.59%
11.58%
4.06%
9.41%
(19.68%)
Dec 19 - Mar
20
9.55%
-11.66%
22.12%
10.71%
50.69%
6.73%
12.79%
13.80%
(20.66%)
Apr 11 - Sep
11
USD
USD
USD
USD
USD
USD
USD
30 Nov
24
(0.43%)
1.05%
30 Nov
24
0.82% (0.55%)
30 Nov
24
4.46%
29 Feb
24
2.63% (2.26%)
23 Dec
24
(1.12%)
30 Nov
24
1.14%
30 Sep
24
(0.51%)
6.95%
3.65%
15.49%
-4.98%
8.29%
5.50%
8.03%
(9.85%)
May 20 - Nov
20
10.31%
5.83%
4.74%
26.39%
23.58%
8.84%
8.73%
(11.36%)
May 18 - Nov
18
12.54%
1.19%
15.58%
20.12%
27.46%
-7.12%
10.86%
17.42%
(36.53%)
Dec 10 - May
12
-3.12%
-17.12%
1.65%
12.42%
7.56%
0.32%
16.24%
(36.08%)
May 21 - Oct
22
3.96%
6.28%
-0.13%
-0.67%
9.48%
-1.87%
2.84%
4.83%
(8.23%)
Jul 22 - Sep
22
9.21%
10.19%
-2.24%
-10.61%
12.07%
5.22%
8.67%
8.14%
(14.77%)
Dec 20 - Mar
22
4.94%
10.39%
20.79%
-6.68%
11.18%
9.57%
6.55%
7.97%
(25.88%)
May 08 - Nov
08
1. Max Drawdown: Peak to trough.
Past performance is not a reliable indicator of future performance.
Source - HSBC
HSBC Alternative Investment Group
|
43
Inception Liquidity Asset
Date
Size
Last NAV Currency
or Index
Date
Diversified/Global
SOUTHERN RIDGES MACRO 31 Dec 18
FUND
Southern Ridges Capital Pte Ltd
Q
SPX SEGREGATED
PORTFOLIO EAGLE
SPX International Asset
Management Ltd
M
31 Dec 11
TM FULCRUM DIVERSIFIED
31 Mar 12
ABSOLUTE RETURN FUND - C
CLASS
Fulcrum Investment Team
D
TRIUM LARISSA GLOBAL
MACRO FUND
Trium Capital LLP and Peter
Kisler
M
31 Mar 11
$355M
Sep 24
1,587.48
$101M
Nov 24
238.27
£621M
Sep 24
15,456.00
$449M
Oct 24
535.78
USD
USD
GBP
USD
20 Dec
24
MTD
YTD
2023
2022
2021
2020
2019
Ann.
Return
Ann.
Volatility
Ytd Avg. 2024
5.02%
0.32%
3.30%
5.74%
25.33%
0.3%
11.06%
4.1%
8.04%
4.00%
Max
Drawdown1
(2.90%)
Jun 24 - Aug
24
30 Nov
24
2.46%
24 Dec
24
(0.98%)
30 Nov
24
1.00%
9.86%
-19.54%
10.01%
12.26%
10.74%
5.93%
6.95%
11.75%
(35.92%)
Sep 22 - May
24
8.59%
0.93%
6%
3.21%
5.1%
5.02%
3.54%
4.63%
(7.87%)
May 15 - Jun
16
7.65%
22.34%
56.04%
-0.54%
48.03%
-12.09%
13.06%
13.83%
(22.40%)
Mar 14 - Feb
16
Systematic
Ytd Avg. 2024
7.14%
Systematic/Global
CFM SYSTEMATIC GLOBAL
MACRO (SGM) FUND LP
Capital Fund Management
31 Oct 20
EPISTEME SYSTEMATIC
QUEST TR (ESQTR)
Adrian Eterovic
31 Aug 09
GCI SYSTEMATIC MACRO
STRATEGY V10
Kyo Yamamoto
31 Jan 14
M
M
D
PRIVILEDGE GRAHAM QUANT 30 Jun 20
MACRO (USD) N A
Graham Capital Management,
LP
D
QUANTEDGE GLOBAL FUND
Quantedge Capital Pte Ltd
30 Sep 06
M
RQSI GLOBAL ASSET
ALLOCATION
Ramsey Quantitative Systems
Inc
31 Oct 12
M
$575M
Nov 24
136.31
$70M
Oct 24
218.96
$200M
Jun 24
224.15
$227M
Sep 24
12.26
$4'147M
Nov 24
2,666.66
$496M
Nov 24
156.31
USD
USD
30 Nov
24
31 Oct 24
Ytd Avg. 2024
7.14%
3.70%
8.29%
0.75%
13.61%
5.41%
4.34%
7.88%
9.79%
(13.07%)
Sep 22 - Jul
23
6.05%
6.93%
-6.07%
8.06%
7%
5.22%
16.72%
5.30%
8.27%
(10.01%)
Apr 24 - Sep
24
USD
USD
USD
USD
30 Nov
24
0.45%
8.26%
20 Dec
24
1.44%
30 Nov
24
13.79%
30 Nov
24
1.27% (11.39%)
-2.33%
15.54%
-0.85%
-0.89%
3.54%
7.73%
10.01%
(15.63%)
Jan 18 - Feb
19
2.77%
4.8%
7.5%
-1.8%
6.84%
4.44%
10.21%
(13.09%)
Apr 24 - Oct
24
34.10%
29.71%
-21.29%
20.05%
7.24%
70.44%
19.79%
28.33%
(44.65%)
Feb 08 - Oct
08
-13.27%
-6.58%
10.58%
8.52%
14.51%
3.76%
12.98%
(36.04%)
Apr 22 - Oct
24
1. Max Drawdown: Peak to trough.
Past performance is not a reliable indicator of future performance.
Source - HSBC
HSBC Alternative Investment Group
|
44
Inception Liquidity Asset
Date
Size
Last NAV Currency
or Index
Date
Systematic/Global
SYSTEMATICA MACRO RV
31 May 17
FUND LIMITED CLASS A USD
Systematica Investments Limited
M
VOLT DIVERSIFIED ALPHA
FUND
Volt Capital Management AB
M
28 Feb 17
$252M
Nov 24
96.44
$312M
Oct 24
142.09
USD
USD
30 Nov
24
31 Oct 24
MTD
YTD
2023
2022
2021
2020
2019
Ann.
Return
Ann.
Volatility
Ytd Avg. 2024
7.14%
0.41%
6.49%
10.45%
-2.52%
-11.81%
-15.8%
12.85%
(0.48%)
8.83%
Max
Drawdown1
(30.24%)
Jan 20 - Apr
22
0.39%
1.65%
-4.1%
1.75%
-1.68%
40.95%
-4.29%
4.68%
9.56%
(15.29%)
Sep 22 - Jun
24
1. Max Drawdown: Peak to trough.
Past performance is not a reliable indicator of future performance.
Source - HSBC
HSBC Alternative Investment Group
|
45
Inception Liquidity Asset
Date
Size
Last NAV Currency
or Index
Date
MTD
YTD
2023
2022
2021
2020
2019
Ann.
Return
Ann.
Volatility
Ytd Avg. 2024
1.43%
(1.36%)
1.43%
-8.89%
18.64%
10.11%
1.68%
29.54%
6.47%
8.63%
Max
Drawdown1
CTA
Ytd Avg. 2024
1.43%
CTA/Global
PGIM WADHWANI
30 Jun 15
SYSTEMATIC ABSOLUTE
RETURN PLUS (KDBSO)
PGIM Wadhwani LLP - Dr. Sushil
Wadhwani
W
$200M
Apr 24
174.95
USD
31 May
24
(13.49%)
Sep 22 - Nov
23
Diversified
Ytd Avg. 2024
7.29%
Diversified/Global
AHL DIMENSION
Russell Korgaonkar, Otto
Hamaoui
30 Jun 06
CFM DISCUS COMPOSITE
PROGRAM
Capital Fund Management
31 Dec 90
MILLBURN MULTI-MARKETS
PROGRAM
Millburn Ridgefield Corporation
30 Sep 04
WINTON FUND
David Harding
30 Sep 97
M
M
M
M
$5'900M
Sep 24
1.36
$1'862M
Nov 24
3,063.47
$434M
Oct 24
3,162.22
$900M
Nov 24
1,334.41
USD
USD
USD
USD
20 Dec
24
Ytd Avg. 2024
7.29%
1.74%
2.70%
4.06%
8.98%
8.1%
-8.5%
7.2%
4.65%
8.20%
(12.54%)
Aug 19 - Nov
20
20 Dec
24
2.93%
20 Dec
24
0.79%
30 Nov
24
0.34%
8.77%
14.82%
35.12%
7.18%
-4.26%
10.07%
10.76%
14.59%
(34.56%)
Jun 94 - Oct
95
8.85%
-6.34%
15.99%
7.76%
-11.78%
7.99%
5.85%
12.13%
(23.81%)
Apr 11 - Aug
13
8.82%
5.69%
17%
12.92%
-20.6%
3%
10.00%
14.33%
(25.73%)
Aug 19 - Nov
20
Multi-Strategy
Ytd Avg. 2024
17.82%
Multi-Strategy/Global
IXI GROW FUND
IXI Managers Fund Ltd
31 Jul 19
M
€107M
Oct 24
198.87
EUR
10 Dec
24
Ytd Avg. 2024
17.82%
(0.13%) 17.82%
6.73%
17.33%
13.39%
29.33%
-8.08%
13.66%
8.96%
(8.08%)
Jul 19 - Dec
19
Systematic
Ytd Avg. 2024
2.48%
1. Max Drawdown: Peak to trough.
Past performance is not a reliable indicator of future performance.
Source - HSBC
HSBC Alternative Investment Group
|
46
Inception Liquidity Asset
Date
Size
Last NAV Currency
or Index
Date
Systematic/Global
AHL ALPHA
Russell Korgaonkar, Otto
Hamaoui
30 Sep 95
AHL DIVERSIFIED
Russel Korgaonkar, Otto
Hamaoui
29 Feb 96
ALPHAQUEST ORIGINAL
PROGRAM (AQO)
Quest Partners LLC
30 Apr 99
AQR HELIX COMPOSITE
AQR Capital Management
31 Dec 17
M
W
M
ASPECT DIVERSIFIED FUND - 30 Nov 98
CLASS A
Anthony Todd
W
ASYMETRIX
30 Jun 20
Selma Sekkat, Guillaume Ripault
D
BH-DG SYSTEMATIC TRADING 30 Apr 06
FUND LTD
BH-DG Systematic Trading LLP
D
BROAD REACH EXPLORER
FUND LTD
Paulo Remiao
M
31 Oct 19
CAMPBELL OFFSHORE FUND 31 Jan 98
LIMITED SPC - CAMPBELL
MANAGED FUTURES CLASS A
Campbell & Company
M
CFM ISTRENDS (IST) ENHANCED 1.5X PROGRAM
Capital Fund Management
31 Dec 12
W
CFM ISTRENDS (IST)
PROGRAM
31 Dec 12
CFM ISTRENDS EQUITY
31 Mar 19
CAPPED (ISTEC) - ENHANCED
1.5X PROGRAM
Capital Fund Management
W
W
$8'000M
Sep 24
1.86
$1'200M
Sep 24
1.82
$2'173M
Nov 24
910.50
$2'114M
Sep 24
274.93
$252M
Nov 24
669.17
€85M
Sep 24
95.01
$985M
Jul 24
352.41
$670M
Nov 24
178.07
$2'377M
Nov 24
7,682.60
$1'060M
Dec 24
424.47
$1'060M
Dec 24
287.61
$714M
Dec 24
210.55
USD
USD
USD
USD
USD
EUR
USD
USD
USD
USD
USD
USD
20 Dec
24
MTD
YTD
2023
2022
2021
2020
2019
Ann.
Return
Ann.
Volatility
Ytd Avg. 2024
2.48%
1.48%
2.44%
0.99%
10.97%
4.78%
7.87%
7.89%
9.83%
11.28%
Max
Drawdown1
(12.29%)
Oct 01 - Feb
02
20 Dec
24
2.45% (1.90%)
20 Dec
24
(2.94%) (2.09%)
30 Nov
24
5.10%
23 Dec
24
1.15%
23 Dec
24
(3.57%) (3.56%)
30 Sep
24
4.64% (6.10%)
30 Nov
24
2.43%
24 Dec
24
3.32%
13 Dec
24
1.27%
13 Dec
24
0.90%
13 Dec
24
1.42%
-3.82%
13.14%
3.14%
11.07%
9.89%
9.72%
16.08%
(20.44%)
Mar 15 - Nov
18
-12.86%
25.22%
11.15%
3.08%
6.8%
8.99%
19.22%
(29.40%)
Feb 16 - Aug
17
17.50%
14.31%
49.12%
6.91%
20.75%
14.52%
15.73%
12.63%
(15.41%)
Jan 18 - Jan
19
8.33%
-1.36%
40.46%
9.17%
-3.45%
20.07%
7.56%
15.24%
(23.22%)
Feb 16 - Jan
19
1.95%
-9.91%
5.81%
1.37%
(1.13%)
5.02%
(12.44%)
Dec 21 - Mar
23
-3.97%
32.54%
9.1%
16.15%
3.88%
7.07%
14.43%
(21.78%)
Sep 22 - Aug
24
1.01%
3.86%
12.75%
27.23%
11.64%
5.98%
12.01%
13.30%
(9.26%)
Oct 21 - Nov
21
15.73%
-3.62%
31.41%
12.35%
4.94%
10.83%
7.87%
12.72%
(22.86%)
Mar 15 - Nov
18
27.76%
8.61%
33.99%
17.17%
6.04%
13.98%
12.85%
16.98%
(25.92%)
Jan 18 - Jan
19
19.90%
7.61%
22.58%
11.36%
4.46%
10.07%
9.24%
11.29%
(17.17%)
Jan 18 - Jan
19
15.70%
0.59%
36.47%
-0.26%
20.39%
10.4%
13.93%
17.35%
(15.99%)
Aug 19 - Dec
19
1. Max Drawdown: Peak to trough.
Past performance is not a reliable indicator of future performance.
Source - HSBC
HSBC Alternative Investment Group
|
47
Inception Liquidity Asset
Date
Size
Last NAV Currency
or Index
Date
Systematic/Global
CFM ISTRENDS EQUITY
CAPPED (ISTEC) PROGRAM
Capital Fund Management
31 Mar 19
DB PLATINUM IV DBX
SYSTEMATIC ALPHA INDEX
FUND - CLASS I1CU
DB Platinum Advisors
30 Jun 10
DB PLATINUM QUANTICA
MANAGED FUTURES UCITS
FUND - CLASS I4C-U
Quantica Capital AG
31 Aug 15
DUNN WMA FUND SA
Dunn Capital Management LLP
31 Dec 10
DUNN WMA INSTITUTIONAL
UCITS FUND
Dunn Capital Management LLP
30 Apr 12
ECKHARDT FUTURES L.P
William Eckhardt
31 May 93
FLORIN COURT CAPITAL
Doug Greenig
31 Mar 17
FORT GLOBAL DIVERSIFIED
Yves Balcer, Sanjiv Kumar
30 Sep 93
FULCRUM MULTI ASSET
TREND FUND
Fulcrum Investment Team
30 Apr 15
GAM SYSTEMATIC CORE
MACRO (CAYMAN) MASTER
FUND LIMITED
GAM Systematic LLP
31 Dec 12
GRESHAM QUANT ACAR
FUND
Gresham Investment
Management LLC
28 Feb 17
LYNX (BERMUDA) LTD
Jonas Bengtsson, Svante
Bergstrom, Martin Sandquist
30 Apr 00
W
W
D
M
D
M
M
W
D
D
M
M
$714M
Dec 24
176.54
$118M
Sep 24
178.39
$126M
Nov 24
1,736.38
$96M
Nov 24
345.99
$531M
Sep 24
210.21
$81M
Oct 24
15,640.85
$1'539M
Nov 24
177.40
$82M
Oct 24
23,558.04
$104M
Sep 24
117.85
$72M
Nov 24
1,857.73
$1'160M
Dec 24
239.87
$780M
Nov 24
8,585.13
USD
USD
USD
USD
USD
USD
13 Dec
24
MTD
YTD
2023
2022
2021
2020
2019
Ann.
Return
Ann.
Volatility
Ytd Avg. 2024
2.48%
1.00% 13.54%
2.24%
24.45%
-0.07%
13.61%
7.64%
10.47%
11.56%
Max
Drawdown1
(10.65%)
Aug 19 - Dec
19
23 Dec
24
1.57%
7.17%
23 Dec
24
0.55%
30 Nov
24
6.36%
23 Dec
24
1.14%
31 Oct 24
(3.72%) (1.56%)
10.09%
18.69%
7.16%
-16.5%
3.9%
4.07%
8.09%
(24.14%)
Aug 19 - Nov
20
7.68%
-0.02%
11.08%
-2.56%
4.85%
29.12%
6.10%
10.83%
(16.05%)
May 21 - Jan
22
32.64%
-16.2%
61.48%
3.82%
-1.33%
18.75%
9.32%
24.19%
(29.54%)
Jan 18 - Nov
18
9.93%
-4.5%
26.07%
1.87%
-0.62%
9.37%
6.04%
12.73%
(21.39%)
May 12 - Oct
12
-6.69%
13.61%
-4.85%
9.18%
-8.06%
9.14%
16.50%
(25.43%)
Apr 11 - Jul
13
USD
USD
USD
USD
USD
USD
30 Nov
24
3.71% (11.31%)
30 Nov
24
0.96%
23 Dec
24
(0.29%)
23 Dec
24
3.20%
13 Dec
24
(2.58%) (15.92%)
30 Nov
24
3.75%
-0.84%
18.49%
28.79%
2.63%
15.5%
7.76%
10.13%
(18.59%)
Sep 22 - Oct
24
6.23%
-2.66%
-20.98%
1.58%
-8.13%
14.38%
10.66%
16.86%
(33.86%)
Aug 19 - May
23
4.40%
-6.25%
28.67%
12.16%
-7.4%
7.25%
1.72%
11.50%
(21.70%)
Jan 18 - Nov
20
4.70%
3.54%
1.13%
8.58%
-0.07%
22.51%
5.30%
10.81%
(19.10%)
Jan 18 - Oct
18
0.44%
13.26%
49.53%
13.84%
1.45%
11.88%
13.48%
(23.17%)
Aug 22 - Dec
24
2.34%
-7.63%
36.81%
1.28%
7.78%
18.35%
9.13%
14.76%
(30.02%)
Mar 15 - Jun
17
1. Max Drawdown: Peak to trough.
Past performance is not a reliable indicator of future performance.
Source - HSBC
HSBC Alternative Investment Group
|
48
Inception Liquidity Asset
Date
Size
Last NAV Currency
or Index
Date
Systematic/Global
LYNX BERMUDA 1.5 LTD
Jonas Bengtsson, Svante
Bergstrom, Martin Sandquist
30 Apr 08
MAN AHL EVOLUTION
Giuliana Bordigoni, Russell
Korgaonkar
31 Aug 05
M
M
MAN AHL EVOLUTION
30 Apr 15
FRONTIER LIMITED
Giuliana Bordigoni, Andre Rzym
M
MILLBURN DIVERSIFIED
PROGRAM
Millburn Ridgefield Corporation
31 Jan 77
M
ONE RIVER SYSTEMATIC
TREND 18 VOL
Eric Peters, Stephen Prajna,
Ryan McRandal
30 Nov 14
W
PGIM WADHANI SYSTEMATIC 30 Jun 15
ABSOLUTE RETURN FUND
(KSAR)
PGIM Wadhwani LLP, Dr. Sushil
Wadhwani
D
PGIM WADHANI TREND PLUS 31 Dec 04
STRATEGY (KLQS)
PGIM Wadhwani LLP, Dr. Sushil
Wadhwani
W
QMS DIVERSIFIED GLOBAL
MACRO
QMS Capital Management LP
31 May 10
M
ROW DIVERSIFIED FUND LP
ROW Asset Management
31 Oct 11
ROY G. NIEDERHOFFER
DIVERSIFIED OFFSHORE
FUND
R. G. Niederhoffer Capital
Management, Inc.
31 Aug 95
SCHRODER GAIA BLUETREND 30 Nov 15
USD C ACC
Leda Braga, Systematica
Investments
M
M
W
$165M
Nov 24
304.00
$4'600M
Sep 24
2.59
$127M
Sep 24
2.02
$8'600M
Nov 24
32,766.84
$38M
Nov 24
142.41
$301M
Jun 24
156.56
$700M
Jun 24
203.26
$542M
Nov 24
166.12
$970M
Nov 24
186.80
$422M
Nov 24
407.27
$302M
Sep 24
113.80
USD
USD
USD
USD
USD
USD
30 Nov
24
MTD
YTD
2023
2022
2021
2020
2019
Ann.
Return
Ann.
Volatility
Ytd Avg. 2024
2.48%
5.45% (2.01%)
-14.01%
58.39%
1.78%
10.36%
25.69%
6.93%
22.92%
Max
Drawdown1
(42.94%)
Mar 15 - Jun
17
20 Dec
24
(1.97%) (7.10%)
20 Dec
24
(1.53%) (5.79%)
20 Dec
24
0.67%
30 Nov
24
3.66% (0.16%)
30 Jun 24
0.64%
3.71%
4.82%
16.95%
3.89%
15.59%
10.77%
11.29%
(15.03%)
Mar 24 - Oct
24
4.07%
8.93%
48.44%
-0.77%
9.13%
7.56%
10.10%
(14.22%)
Dec 19 - Jun
20
9.18%
-6.42%
15.45%
6.98%
-9.52%
6.12%
12.85%
16.97%
(25.65%)
May 89 - Oct
89
-8.86%
23.01%
10.05%
-3.83%
6.05%
3.60%
16.74%
(27.14%)
Aug 19 - Oct
20
2.53%
-2.87%
11.3%
6.85%
1.6%
21.16%
5.10%
5.92%
(6.24%)
Jul 15 - Nov
16
USD
30 Jun 24
(2.31%) (0.07%)
-11.56%
31.87%
11.51%
7.92%
19.65%
7.20%
11.71%
(17.71%)
Sep 22 - Nov
23
USD
USD
USD
USD
30 Nov
24
(0.93%)
0.83%
30 Nov
24
(0.20%) (0.99%)
30 Nov
24
2.10% (10.84%)
20 Dec
24
0.26% (5.80%)
-9.98%
26.56%
3.23%
-10.58%
-3.94%
3.56%
12.00%
(29.46%)
Mar 15 - Nov
21
-0.17%
23.36%
-9.17%
9.43%
5.42%
4.89%
9.19%
(14.69%)
Mar 16 - Jun
17
1.91%
59.73%
19.35%
34.41%
-27.98%
4.91%
20.01%
(61.06%)
Nov 08 - Dec
19
-9.12%
29.81%
3.06%
13.97%
10.41%
1.44%
13.87%
(29.03%)
Feb 16 - Jan
19
1. Max Drawdown: Peak to trough.
Past performance is not a reliable indicator of future performance.
Source - HSBC
HSBC Alternative Investment Group
|
49
Inception Liquidity Asset
Date
Size
Last NAV Currency
or Index
Date
Systematic/Global
SMART ALPHA PROGRAM 2X
R. G. Niederhoffer
31 Dec 99
M
SMN DIVERSIFIED FUTURES 31 Oct 96
FUND
SMN Investment Services GmbH
W
SYSTEMATICA ALTERNATIVE 31 Dec 15
MARKETS FUND LTD (SAM) CLASS C USD
Systematica Investments Limited
M
SYSTEMATICA BLUETREND
31 Mar 04
FUND, LTD -USD- CLASS A
Systematica Investments Limited
M
SYSTEMATICA CHINA
30 Sep 20
MARKETS FUND LIMITED
Systematica Investments Limited
M
TULIP TREND FUND, LTD - A 31 Mar 03
Progressive Capital Partners Ltd
M
WELTON GLOBAL
Welton Investment Partners
M
30 Sep 13
WINTON CHINA
31 Mar 21
QUANTITATIVE FUND LIMITED
Winton Capital Management
Limited
M
WINTON DIVERSIFIED MACRO 30 Jun 12
FUND SP - TRANCHE A
David Harding
W
WINTON SYSTEMATIC
UNIVERSAL MOMENTUM
FUND
Winton Capital Management
Limited
M
30 Nov 20
WINTON TREND FUND (UCITS) 30 Jun 18
XEQOS FUND LIMITED
Xeqos l:.lmited, Adam Potter
30 Jun 22
W
M
$259M
Nov 24
749.16
$166M
Oct 24
1,164.36
$5'412M
Nov 24
223.53
$900M
Nov 24
381.19
$1'095M
Nov 24
123.37
$111M
Sep 24
8,807.81
$284M
Nov 24
211.51
$176M
Nov 24
100.28
$233M
Nov 24
173.51
$896M
Aug 24
127.14
$1'085M
Nov 24
146.60
$52M
Oct 24
113.17
USD
EUR
USD
USD
USD
EUR
USD
USD
USD
USD
USD
USD
30 Sep
24
MTD
YTD
2023
2022
2021
2020
2019
Ann.
Return
Ann.
Volatility
Ytd Avg. 2024
2.48%
(1.40%) (13.09%)
14.6%
13.85%
3.81%
-0.21%
-2.05%
8.47%
10.85%
Max
Drawdown1
(18.44%)
Apr 24 - Sep
24
30 Nov
24
(0.79%) (10.62%)
20 Dec
24
(1.17%) (7.38%)
20 Dec
24
0.58% (6.09%)
30 Nov
24
0.10%
20 Dec
24
4.15%
20 Dec
24
1.44% (2.90%)
30 Nov
24
1.30% (0.38%)
30 Nov
24
0.22%
30 Nov
24
3.41% (0.54%)
30 Nov
24
1.29%
31 Oct 24
(1.45%)
9.81%
13.18%
40.81%
14.55%
-16.89%
8.03%
18.51%
(39.32%)
Mar 15 - Feb
20
0.99%
16.15%
28.59%
0.29%
27.31%
9.37%
11.03%
(13.69%)
Apr 24 - Oct
24
-7.93%
30.03%
2.03%
14.02%
13.59%
6.67%
14.20%
(28.86%)
Feb 16 - Jan
19
0.53%
-7.99%
-6.4%
19.96%
18.74%
5.15%
13.39%
(26.12%)
Apr 22 - Feb
24
9.01%
-4.89%
32.94%
43.38%
10.03%
-1.41%
10.53%
29.50%
(39.45%)
Jan 18 - Jan
19
-16.18%
18.12%
14.91%
21.13%
2.79%
6.90%
14.07%
(31.97%)
Sep 22 - Oct
24
-2.24%
-3.94%
7.19%
0.08%
8.46%
(15.85%)
Apr 22 - Jul
24
3.59%
10.35%
18.67%
11.75%
-16.14%
3.96%
4.53%
8.69%
(24.04%)
Aug 19 - Nov
20
-4.39%
12.24%
13.97%
4.52%
6.18%
9.90%
(14.47%)
Sep 22 - Oct
24
0.71%
2.56%
17.96%
8.17%
6.09%
7.37%
6.14%
9.66%
(10.82%)
Aug 19 - Oct
20
9.48%
2.9%
0.45%
5.43%
10.88%
(11.23%)
Oct 22 - Mar
23
1. Max Drawdown: Peak to trough.
Past performance is not a reliable indicator of future performance.
Source - HSBC
HSBC Alternative Investment Group
|
50
Inception Liquidity Asset
Date
Size
Last NAV Currency
or Index
Date
MTD
YTD
2023
2022
2021
2020
2019
Ann.
Return
Ann.
Volatility
Ytd Avg. 2024
5.39%
(0.24%) (0.15%)
2.18%
1.14%
-7.25%
9.17%
5.68%
4.33%
5.03%
Max
Drawdown1
Equity Diversified
Ytd Avg. 2024
5.39%
Equity Diversified/Europe
AGORA FUND LTD
Clément Mauve, Frederico Lupi
31 Dec 12
MAN GLG ALPHA SELECT
ALTERNATIVE IL H EUR
Charles Long, Nick Judge
31 Jan 10
M
M
MAN GLG EUROPEAN EQUITY 30 Jun 11
ALTERNATIVE CLASS IN EUR
Edward Cole, Ikitsa Anastasov
D
RAM EUROPEAN MARKET
31 Dec 11
NEUTRAL EQUITIES
Emmanuel Hauptmann, Nicolas
Jamet, Valentin Betrix
D
€39M
Nov 24
166.02
$2'000M
Nov 24
177.11
$40M
Apr 24
120.44
€147M
Sep 24
177.14
USD
EUR
EUR
EUR
13 Dec
24
20 Dec
24
(1.40%)
24 May
24
(0.04%)
23 Dec
24
0.95%
Equity Diversified/Global
(10.18%)
Feb 21 - Nov
21
0.84%
8.59%
3.22%
8.31%
4.36%
5.66%
3.91%
5.06%
(17.77%)
Jan 11 - Jul
12
2.03%
-1.73%
-1.74%
2.54%
4.97%
-1.71%
1.45%
4.83%
(11.14%)
Mar 18 - Mar
20
18.84%
-3.39%
-1.04%
18.89%
-9.35%
-2.12%
4.50%
7.10%
(17.00%)
Sep 18 - Nov
20
Ytd Avg. 2024
SANDBAR MASTER FUND LTD 31 Jul 18
Sandbar Asset Management LLP
M
$83M
Nov 23
102.79
USD
30 Nov
23
(0.29%)
-0.5%
-5.75%
-7.5%
6.2%
7.46%
0.52%
6.45%
(17.66%)
Sep 20 - Jul
23
Equity Market Neutral
Ytd Avg. 2024
2.65%
Equity Market Neutral/Global
LUMYNA MW TOPS (MARKET 30 Jun 09
NEUTRAL) UCITS FUND USD B
(ACC)
W
SCOPIA PX INTERNATIONAL
LTD
Scopia Capital
Q
31 Mar 01
$2'186M
Sep 24
223.36
$150M
Nov 24
445.52
USD
USD
23 Dec
24
30 Nov
24
Ytd Avg. 2024
2.65%
(0.40%)
6.93%
3.77%
11.08%
11.18%
7.36%
2.99%
5.31%
4.47%
(8.24%)
Aug 18 - Nov
18
(1.46%) (1.63%)
9.4%
19.34%
19.59%
-13.21%
8.52%
6.51%
7.90%
(21.31%)
Jan 15 - Sep
20
Equity-Diversified
Ytd Avg. 2024
5.90%
Equity-Diversified/Global
FULCRUM THEMATIC EQUITY 31 Jan 18
MARKET NEUTRAL
Fulcrum Asset Management,
Fawaz Chaudhry
D
$499M
Nov 24
137.94
USD
30 Nov
24
Ytd Avg. 2024
12.57%
1.40% 12.57%
-1.57%
-4.27%
-3.75%
13.21%
6.34%
4.82%
8.57%
(15.20%)
Oct 20 - Jul
23
1. Max Drawdown: Peak to trough.
Past performance is not a reliable indicator of future performance.
Source - HSBC
HSBC Alternative Investment Group
|
51
Inception Liquidity Asset
Date
Size
Last NAV Currency
or Index
Date
Equity-Diversified/UK
MAN GLG ALPHA NOVUS
CLASS B GBP RESTRICTED
Charles Long, Nick Judge
28 Feb 21
M
$129M
Nov 24
137.47
GBP
20 Dec
24
MTD
YTD
2023
2022
2021
Ytd Avg. 2024
(0.77%)
(3.36%) (0.77%)
17.11%
4.42%
13.28%
2020
2019
Ann.
Return
Ann.
Volatility
8.71%
6.13%
Max
Drawdown1
(3.95%)
Dec 21 - Jan
22
Multi-Strategy
Ytd Avg. 2024
16.33%
Multi-Strategy/Global
ALPHANATICS FUND
30 Apr 06
Philippe de Weck, Federico Canè
M
L1 CAPITAL GLOBAL
OPPORTUNITIES FUND
David Feldman
31 May 15
Q
NICKEL DIGITAL ASSET
MANAGEMENT DIVERSIFIED
ALPHA
Michael Hall, Alek Kloda
31 Jan 21
Q
€929M
Nov 24
206.78
$294M
Jan 24
9,232.87
$147M
Nov 24
170.90
USD
USD
13 Dec
24
31 Jan 24
Ytd Avg. 2024
16.33%
1.20% 11.86%
6.86%
-4.14%
-0.24%
12.08%
5.8%
3.98%
3.50%
(6.82%)
Feb 21 - Nov
22
2.21%
2.21%
6.75%
7.17%
60.06%
74.99%
17.84%
29.20%
12.40%
0.00%
Jan 00 - Jan
00
USD
12 Dec
24
3.80%
34.91%
20.1%
-9.97%
17.17%
14.87%
8.22%
(10.32%)
Nov 21 - Nov
22
Systematic
Ytd Avg. 2024
7.84%
Systematic/Global
BLACKROCK 32 CAPITAL
MASTER FUND SPC, LTD
(THE) - B/1
Raffaele Savi
31 Jul 02
M/Q
CENTAUR GLOBAL ALPHA
31 Oct 21
FUND LTD
CenterBook Partners LP - David
Stemerman, CEO
Q
RENAISSANCE
28 Feb 12
INSTITUTIONAL DIVERSIFIED
ALPHA FUND LP -ARenaissance Technologies LLC
M
$746M
Oct 24
3,394.61
$514M
Feb 24
124.03
$747M
Jul 24
162.99
USD
31 Oct 24
Ytd Avg. 2024
7.84%
(4.18%) 10.11%
13.61%
7.72%
2.9%
13.14%
6.83%
5.64%
7.93%
(25.15%)
Jun 08 - Sep
09
USD
USD
30 Sep
24
(2.44%) (0.91%)
20 Dec
24
(1.03%)
21.28%
5.48%
-2.16%
7.66%
8.30%
(7.65%)
Jan 24 - Jul
24
14.32%
-1.1%
4.64%
14.62%
-31.88%
4.21%
3.88%
11.35%
(37.58%)
Oct 19 - Feb
21
1. Max Drawdown: Peak to trough.
Past performance is not a reliable indicator of future performance.
Source - HSBC
HSBC Alternative Investment Group
|
52
Inception Liquidity Asset
Date
Size
Last NAV Currency
or Index
Date
MTD
YTD
2023
2022
2021
2020
2019
Ann.
Return
Ann.
Volatility
Ytd Avg. 2024
6.35%
0.75%
7.45%
6.71%
3.52%
10.85%
37.67%
8.29%
13.68%
6.73%
Max
Drawdown1
Merger-Arbitrage
Ytd Avg. 2024
4.96%
Merger-Arbitrage/Global
GLAZER ENHANCED
OFFSHORE FUND LTD
Paul Glazer
31 Dec 98
KITE LAKE (KL) EVENT
DRIVEN UCITS FUND
Kite Lake Capital (Jamie
Sherman)
30 Apr 17
TRIUM KHARTES FUND
31 Aug 21
Trium Capital (Fund Manager) &
Felix Lo (PM)
M
W
M
$1'192M
Nov 24
2,782.00
$329M
Nov 24
141.13
$185M
Oct 24
133.61
USD
USD
USD
30 Nov
24
18 Dec
24
0.43%
30 Nov
24
0.78%
Merger-Arbitrage/USA
GABELLI ASSOCIATES
LIMITED
Mario Gabelli
31 Aug 89
GAMCO MERGER ARBITRAGE 30 Sep 11
Gabelli Funds & Ralph Rocco
M
D
$137M
Mar 23
937.19
$433M
Sep 24
16.21
USD
USD
30 Nov
24
23 Dec
24
(9.01%)
Jan 20 - Mar
20
3.83%
1.1%
4.51%
3.92%
8.46%
2.92%
4.61%
4.56%
(7.73%)
Jan 23 - May
23
7.76%
7.97%
11.21%
3.25%
9.32%
3.78%
(1.99%)
Aug 22 - Sep
22
Ytd Avg. 2024
2.89%
0.65%
3.36%
3.05%
2.9%
7.52%
6.29%
6.12%
6.55%
3.59%
(7.53%)
Dec 19 - Mar
20
(0.99%)
2.42%
4.4%
2.56%
6.79%
7.42%
6%
3.71%
4.03%
(7.36%)
Jan 20 - Mar
20
1. Max Drawdown: Peak to trough.
Past performance is not a reliable indicator of future performance.
Source - HSBC
HSBC Alternative Investment Group
|
53
Inception Liquidity Asset
Date
Size
Last NAV Currency
or Index
Date
MTD
YTD
2023
2022
2021
2020
2019
Ann.
Return
Ann.
Volatility
Ytd Avg. 2024
5.51%
(0.13%)
4.45%
6.41%
6.13%
4.72%
39.41%
2.88%
8.20%
9.83%
Max
Drawdown1
Credit
Ytd Avg. 2024
5.51%
Credit/Global
1798 CREDIT CONVEXITY
FUND
Arnaud Saint-Sauveur
31 Oct 16
OWS LSAR OFFSHORE FUND, 28 Feb 17
LTD.
OWS Capital Management
Q
Q/Y
$684M
Nov 24
189.98
$852M
Nov 24
2,356.41
USD
USD
20 Dec
24
30 Nov
24
(3.12%)
Aug 19 - Dec
19
0.30%
6.57%
8.93%
22.94%
12.47%
14.26%
9.07%
11.68%
6.82%
(8.43%)
Jan 20 - Apr
20
Diversified
Ytd Avg. 2024
7.36%
Diversified/Asia
EIP CHINA MULTI STRATEGY
FUND SP
Jason Jiang
31 Jan 21
PINPOINT MULTI-STRATEGY
FUND -AQiang Wang
29 Feb 08
SEGANTII ASIA-PACIFIC
EQUITY MULTI-STRATEGY
FUND
Simon Sadler & Kurt Ersoy
30 Nov 07
M
M
M
$151M
Nov 24
1,480.76
$1'183M
Oct 24
356.25
$4'833M
Mar 24
651.96
USD
USD
USD
30 Nov
24
30 Nov 07
M
ALEUTIAN FUND CLASS C
30 Sep 11
Caygan Capital Pte Ltd, Naruhisa
Nakagawa
M
BLACKSTONE STRATEGIC
OPPORTUNITY OFFSHORE
FUND
Atish Nigam
26 Jul 11
Q
BOOTHBAY ABSOLUTE
RETURN STRATEGIES
Ari Glass
30 Jun 14
Q
6.38%
7.3%
8.5%
10.78%
6.03%
(4.13%)
Feb 23 - Aug
23
15 Dec
24
1.69%
30 Jun 24
(0.21%)
10.46%
0.56%
-1.5%
3.83%
13.96%
11.46%
7.85%
8.65%
(17.36%)
Jun 08 - Nov
08
2.41%
-1.63%
6.31%
9.81%
7.9%
5.46%
11.96%
8.05%
(10.16%)
May 13 - Mar
14
Diversified/Global
1798 FUNDAMENTAL
STRATEGIES FUND
Lombard Odier Asset
Management (USA) Corp.
Ytd Avg. 2024
10.81%
0.52% 19.57%
$604M
Jun 24
207.35
$198M
Nov 24
382.33
$3'353M
Oct 24
232.88
$1'880M
Nov 24
255.08
USD
USD
USD
20 Dec
24
Ytd Avg. 2024
7.06%
(1.03%) (0.54%)
0.85%
2.53%
-2.73%
16.5%
9.55%
4.37%
7.10%
(21.00%)
Nov 07 - Nov
08
30 Nov
24
0.58%
31 Oct 24
0.96%
9.83%
12.27%
0.72%
12.95%
43.46%
-3.81%
10.71%
13.50%
(20.11%)
Jan 18 - Mar
20
8.92%
9.55%
0.38%
9.41%
7.24%
4.64%
6.57%
3.52%
(4.61%)
Jan 20 - Mar
20
USD
30 Nov
24
1.15%
5.94%
6.7%
1.27%
11.38%
25.24%
11.82%
9.40%
3.94%
(2.41%)
Sep 18 - Nov
18
1. Max Drawdown: Peak to trough.
Past performance is not a reliable indicator of future performance.
Source - HSBC
HSBC Alternative Investment Group
|
54
Inception Liquidity Asset
Date
Size
Last NAV Currency
or Index
Date
Diversified/Global
BOOTHBAY DIVERSIFIED
ALPHA MASTER FUND
Ari Glass
31 Aug 19
BOUSSARD & GAVAUDAN
HOLDING LTD ORDINARY
SHARES
Emmanuel Gavaudan
31 Oct 06
Q
D
BREVAN HOWARD M/S FUND, 29 Feb 08
LTD – CL. A/USD
Alan Howard
M
BRUMMER MULTISTRATEGY
2XL, LTD - C Patrik Brummer, Kerim Celebi
M
31 Mar 02
CFM STRATUS FUND LTD CL. 30 Nov 03
B USD ST
Capital Fund Management
M
DOUBLE BLACK DIAMOND LTD 31 Mar 98
- SERIES A (UNRESTRICTED)
Clint Carlson
Q
JK GLOBAL OPPORTUNITIES
FUND
Simon Jones and Ryan Mills
W
28 Feb 09
JPMORGAN INVESTMENT
30 Apr 05
GLOBAL MACRO
OPPORTUNITIES C (ACC) EUR
Shrenick Shah
D
LINDEN CAPITAL
Joe Wong
Q
31 May 03
MAN MULTI-STRATEGY CLASS 31 Jul 16
A USD UNRESTRICTED
David Kingsley
D
MAN STRATEGIES 1783
CLASS A USD
Man Solutions LLC and Man
Solutions Limited; Greg Bond
31 Dec 21
Q
MARINER ATLANTIC
MULTI-STRATEGY FUND
Mariner Investment Group LLC,
EG Fisher
31 Oct 95
Q
$414M
Nov 24
168.85
€346M
Oct 24
27.81
$155M
Oct 24
207.19
$1'228M
Oct 24
2,413.26
$11'646M
Nov 24
4,777.94
$86M
Sep 24
605.35
$94M
Nov 24
340.79
€2'019M
Sep 24
179.01
$6'711M
Nov 24
961.22
$108M
Nov 24
163.01
$1'500M
Nov 24
133.27
$1'720M
Nov 24
850.05
USD
EUR
30 Nov
24
31 Oct 24
MTD
YTD
2023
2022
2021
2020
2019
Ann.
Return
Ann.
Volatility
Ytd Avg. 2024
7.06%
0.28%
4.41%
7.53%
0.21%
10.16%
32.5%
2.82%
10.48%
5.50%
Max
Drawdown1
(3.78%)
Oct 21 - Sep
22
(1.98%)
0.94%
-0.8%
-4.9%
12.59%
13.26%
4.07%
5.84%
6.60%
(20.69%)
May 07 - Sep
08
USD
31 Oct 24
(2.85%) (0.64%)
2.49%
16.49%
-4.01%
20.98%
5.27%
4.78%
5.95%
(6.29%)
Feb 08 - Sep
08
USD
USD
USD
30 Nov
24
5.62%
30 Nov
24
2.53%
31 Oct 24
2.93%
8.72%
-4.82%
13.03%
-4.63%
25.5%
7.22%
8.28%
9.04%
(12.91%)
Mar 15 - May
16
11.96%
12.62%
20.62%
9.53%
5.22%
3.57%
7.73%
6.19%
(11.03%)
Jan 18 - Nov
18
1.40%
2.97%
5.68%
11.94%
5.33%
2.93%
7.00%
5.31%
(19.30%)
Aug 08 - Dec
08
USD
EUR
USD
USD
USD
USD
18 Dec
24
0.74%
23 Dec
24
0.17%
30 Nov
24
2.01%
20 Dec
24
(1.00%)
20 Dec
24
1.73%
30 Nov
24
0.70%
10.16%
6.39%
-21.07%
0.42%
30.72%
12.22%
8.06%
11.87%
(26.89%)
Apr 21 - Mar
23
7.76%
-0.58%
-12.95%
4.59%
12.39%
0.44%
4.02%
7.21%
(21.35%)
Oct 07 - Feb
09
17.35%
11.86%
-2.11%
11.01%
30.27%
13.58%
11.09%
8.98%
(24.60%)
Feb 08 - Dec
08
3.53%
8.51%
1.04%
11.39%
7.09%
6.31%
5.99%
4.00%
(5.69%)
Jan 20 - Mar
20
14.78%
3.42%
12.26%
-
10.14%
6.30%
(5.17%)
Feb 23 - Jul
23
5.65%
7.95%
4.14%
7.15%
9.94%
10.3%
7.63%
4.23%
(29.00%)
Oct 07 - Dec
08
1. Max Drawdown: Peak to trough.
Past performance is not a reliable indicator of future performance.
Source - HSBC
HSBC Alternative Investment Group
|
55
Inception Liquidity Asset
Date
Size
Last NAV Currency
or Index
Date
Diversified/Global
MILLENNIUM INTERNATIONAL 31 Dec 89
LTD
Israel A Englander
Q
PALOMA INTERNATIONAL LTD 31 Dec 02
CLASS A
Donald Sussman
Q/Y
PIMCO GLOBAL
30 Jun 06
CROSS-ASSET OPPORTUNITY
FUND
Dan Ivascyn / Jon Horne
Q
SCULPTOR MASTER FUND
Sculptor Capital LP
31 Mar 94
M
WEXFORD CATALYST FUND
LP
Charles E. Davidson
30 Nov 04
Q
WEXFORD SPECTRUM FUND 31 Mar 97
LP
Charles E. Davidson
Q
WHG ALPHA GLOBAL FUND
Bruno Finatti
M
30 Sep 21
$35'470M
Sep 24
8,074.52
$1'233M
Oct 24
451.56
$4'012M
Aug 24
339.10
$8'329M
Sep 24
2,247.42
$295M
Jul 24
515.88
$633M
Jul 24
1,367.79
$112M
Nov 24
143.05
USD
USD
30 Nov
24
31 Oct 24
M
YTD
2023
2022
2021
2020
2019
Ann.
Return
Ann.
Volatility
Ytd Avg. 2024
7.06%
2.28% 11.96%
9.57%
12.2%
13.07%
24.93%
9.2%
13.40%
4.18%
Max
Drawdown1
(7.24%)
May 98 - Aug
98
0.32%
2.50%
6.92%
1.09%
10%
1.81%
6.65%
7.14%
4.33%
(6.90%)
Sep 19 - Mar
20
USD
USD
30 Sep
24
(1.67%)
31 Oct 24
1.81%
1.63%
15.75%
13.45%
17.71%
12.88%
-13.56%
6.91%
6.23%
(18.12%)
May 19 - Nov
19
11.82%
12.85%
-12.94%
4.96%
19.49%
16.6%
10.72%
6.21%
(17.59%)
Oct 21 - Sep
22
USD
USD
USD
30 Nov
24
(1.10%)
30 Nov
24
(0.50%)
30 Nov
24
3.20%
Diversified/Japan
GCI JAPAN HYBRIDS CLASS S 31 Mar 09
Caygan Capital Pte Ltd, Naruhisa
Nakagawa
MTD
JPY22'800M 49,886.02
Nov 24
JPY
30 Nov
24
7.35%
8.21%
-0.54%
18.8%
3.99%
6.73%
8.54%
12.06%
(27.96%)
Apr 15 - Feb
16
9.94%
5.7%
2.77%
21.2%
5.47%
-1.32%
9.91%
11.59%
(39.82%)
May 18 - Mar
20
7.11%
11.7%
12.43%
5.89%
11.80%
6.35%
(2.91%)
Sep 22 - Oct
22
Ytd Avg. 2024
3.91%
0.61%
3.91%
11.46%
9.11%
12.59%
30.85%
-3.67%
10.79%
9.56%
(15.46%)
Feb 18 - Jun
18
Multi-Strategy
Ytd Avg. 2024
9.17%
Multi-Strategy/Global
HUDSON BAY
INTERNATIONAL FUND LTD
Hudson Bay Capital
Management LP
31 May 06
Q
$12'726M
Nov 24
464.26
USD
20 Dec
24
Ytd Avg. 2024
9.17%
0.77%
9.17%
4.71%
3.22%
13.5%
16.31%
8.02%
8.62%
4.20%
(6.11%)
Feb 14 - Nov
15
Systematic
Ytd Avg. 2024
14.99%
1. Max Drawdown: Peak to trough.
Past performance is not a reliable indicator of future performance.
Source - HSBC
HSBC Alternative Investment Group
|
56
Inception Liquidity Asset
Date
Size
Last NAV Currency
or Index
Date
Systematic/Global
AQR APEX COMPOSITE
AQR Capital Management
31 Mar 20
CAMPBELL OFFSHORE FUND 30 Jun 02
LIMITED SPC - ABSOLUTE
RETURN CLASS B
Campbell & Company
M
$1'000M
Sep 24
213.53
$1'866M
Nov 24
7,623.38
USD
USD
30 Nov
24
24 Dec
24
MTD
YTD
2023
2022
2021
2020
Ytd Avg. 2024
14.99%
4.10% 13.15%
16.04%
17.11%
15.45%
20.27%
2019
Ann.
Return
Ann.
Volatility
17.63%
9.12%
Max
Drawdown1
(6.33%)
May 21 - Nov
21
1.95%
16.84%
0.46%
23.56%
22.93%
-6.63%
10.24%
7.37%
10.74%
(22.92%)
Jun 07 - Aug
07
1. Max Drawdown: Peak to trough.
Past performance is not a reliable indicator of future performance.
Source - HSBC
HSBC Alternative Investment Group
|
57
Inception Liquidity Asset
Date
Size
Last NAV Currency
or Index
Date
MTD
YTD
2023
2022
Ytd Avg. 2024
56.15%
43.58% 56.15% 164.54%
-5.34%
2021
2020
2019
Ann.
Return
Ann.
Volatility
75.60%
63.51%
Max
Drawdown1
ESG
Ytd Avg. 2024
56.15%
ESG/Global
VANECK DIGITAL ASSETS
ALPHA FUND
VanEck, Pranav Kanade
30 Jun 22
Q
$142M
Nov 24
391.05
USD
30 Nov
24
(33.74%)
Jul 22 - Dec
22
1. Max Drawdown: Peak to trough.
Past performance is not a reliable indicator of future performance.
Source - HSBC
HSBC Alternative Investment Group
|
58
Inception Liquidity Asset
Date
Size
Last NAV Currency
or Index
Date
MTD
YTD
2023
2022
2021
2020
2019
Ann.
Return
Ann.
Volatility
Ytd Avg. 2024
1.32%
0.02%
2.35%
2.94%
14.92%
-7.93%
12.56%
-3.11%
5.27%
8.44%
Max
Drawdown1
Arbitrage
Ytd Avg. 2024
1.32%
Arbitrage/Global
CAPSTONE DISPERSION
MASTER FUND LTD
Capstone Investment Advisors,
LLC/Jason Goldberg
30 Jun 18
CASSIOPEIA FUND CLASS B
Pierre de Saab & Alain Dos
Santos
31 Jul 04
OPTOFLEX I
FERI AG, Horst Gerstner
30 Nov 12
M
M
M
$1'300M
May 24
135.80
$7'398M
Jan 24
391.70
€1'281M
May 24
1,620.77
USD
14 Jun 24
(17.26%)
Nov 20 - Aug
21
USD
EUR
30 Nov
24
0.48% (2.04%)
03 Jun 24
0.07%
10.54%
4.8%
5.76%
13.29%
-7.2%
7.21%
9.07%
(14.36%)
Mar 10 - Jun
10
3.66%
11.33%
-6.54%
7.84%
7.13%
10.31%
4.28%
6.29%
(11.76%)
Mar 22 - Sep
22
Diversified
Ytd Avg. 2024
2.38%
Diversified/Global
1798 BEAR CONVEXITY FUND 31 Dec 19
Arnaud Saint-Sauveur
$332M
Nov 24
159.31
USD
20 Dec
24
Ytd Avg. 2024
2.38%
0.43%
2.38%
-4.37%
6.59%
3.57%
47.39%
-
9.81%
20.06%
(6.46%)
May 23 - Dec
23
1. Max Drawdown: Peak to trough.
Past performance is not a reliable indicator of future performance.
Source - HSBC
HSBC Alternative Investment Group
|
59
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