Foreign Listed Hedge Funds

are trading at ridiculous discounts (ala closed-end funds in the US) right now.  Third Point is trading at a 30% discount to NAV (and it was 50% at the end of the year)!

http://www.thirdpointpublic.com/

Update: You have to be careful with these funds as they can be illiquid and trade widely around their NAV.  There are also some screwy tax issues if you hold them in a taxable account.  I have written about them lots in the archives, and I have a whole chapter on them in my upcoming book.

 

 

FUND Website  
Multi-manager/multi-strategy      
Absolute Return Trust   www.absolute-funds.com Fauchier Partners
Aida   www.aidafund.com Aida Capital
Alternative Inv. Strategies   www.aisinvest.com Close Fund Services/International
Altin AG ($)   www.altin.ch Alternative Asset Advisors
CMA Global Hedge (€)   www.cmaglobalhedge.com Capital Management Advisors
Dexion Absolute   www.dexionabsolute.com Dexion Capital/Harris Alternatives
Dexion Alpha Strategies   www.dexionalpha.com Dexion Capital/RMF Investment
Dexion Equity Alternative   www.dexionequity.com Dexion Capital/K2
Dexion Trading   www.dexiontrading.com Dexion Capital/Permal Group
GS Dynamic Opportunities   www.gs.com/gsdo Goldman Sachs Hedge Fund
Gottex Market Neutral   www.gottexfunds.com Gottex Fund Management
HSBC European Absolute (€)   www.hsbcabsolute.com HSBC Management/HSBC
HSBC Global Absolute (US$)   www.hsbcabsolute.com HSBC Management/HSBC
INVESCO Perp Select Hedge   www.invescoperpetual.co.uk/ipst INVESCO/Fauchier Partners
KGR Absolute Return   www.kgrcapital.com Kleinwort Benson (ChannelIslands)/KGR Capital
Opus Alternative Strategies   www.newfinancepartners.com NewFinance Capital
PSolve Alternatives PCC   www.psolvealt.com PSolve Alternative Investments
Tapestry   www.ramius.com Kleinwort Benson (ChannelIslands)/Ramius HVB Partners
Thames River Hedge+   www.thamesriver.co.uk Thames River Capital
Multi-manager/single-strategy      
AcenciA Debt Strategies   www.acencia.com Saltus/Sandalwood
F&C Event Driven   www.fandceventdriven.com F&C Management/F&C Partners
FRM Credit Alpha   www.frmcredit.com FRM Investment Management/
Saltus Euro Debt Strategies   www.saltus.com Saltus CI/Saltus Partners LLP
Signet Global Fixed Income   www.signetmanagement.com Signet Capital Management/
Single Manager/Fund of funds      
Cazenove Absolute Equity   www.cazenovecapital.com Cazenove Capital Management
Close AllBlue   www.closeallbluefund.com BlueCrest Capital Management
Close Man Hedge   www.closemanhedgefund.com Man Global Strategies
JPMorgan Progressive Multi-Strategy   www.jpmprogressivemultistrategy.co.uk JPMorgan Asset Management
Single manager hedge funds      
BH Macro (US$)   www.bhmacro.com Brevan Howard Offshore
Boussard & Gavaudan (€)   www.bgholdingltd.com Boussard & Gavaudan Asset
MW Tops (€)   www.mwtops.eu Marshall Wace
RAB Special Situations   www.rabspecialsituations.com RAB Capital
Third Point Offshore (US$)   www.thirdpoint.com Third Point LLC

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