AlphaClone, a specialist in hedge fund position replication, reports 2012 performance through Q3 for its Momentum Select and AlphaClone Select portfolios of 33 and 18.7 per cent, respectively.
The performance of these rules-based clone portfolios ranks among the top decile of hedge fund returns for the year based on research from Goldman Sachs as reported by Business Insider, supporting the utility of 13-F disclosure research as a basis for successful investment strategies.
The performance of AlphaClone’s Momentum Select and AlphaClone Select strategies also outperformed the S&P500, which returned 16.4 per cent through September 2012. The average long/short equity hedge fund has returned 5.5 per cent over the same period, according to Hedge Fund Research.
“We designed our core strategies to tap into the potential alpha generated by established hedge fund managers,” says Maz Jadallah (pictured), chief executive of AlphaClone. “Since inception in January 2011, our Momentum Select strategy's total returns have outperformed the Russell 2000 index by 13 percentage points (1,330 basis points) at an annualised volatility that is 250 basis points lower.”
AlphaClone’s core strategies are accessible through separate accounts and/or an exchange-traded fund. Financial professionals and institutional investors can access all separate account strategies via the Placemark Investments’ UMA Marketplace platform or through Folio Institutional. Individual investors can access AlphaClone’s strategies by establishing managed accounts with the firm.