Ascend Capital – Asset Managers Good Shorts, But Too Dangerous

Rupert Hargreaves

Published onFebruary 2, 2017

Updated on May 14, 2021

Ascend Capital reported a net return of -0.1% for its Ascend Partners Fund I LP for the fourth quarter compared to a return of 3.8% the S&P 500 and 1.27% for the HFRI hedge fund index.

Table of Contents

Also see:

These returns were not enough to pull the fund into positive territory for the year having produced a net return of -4.85% during the first quarter, 0% during Q2 and 1.1% for Q3. However, since inception, the fund is comfortably beating its benchmarks with a return of 301.64% since January 1, 2000.

Over the...

Login required to continue reading.

Setup a free account to get access to this article (no credit card required).

View Full Article

Already a member? Log in here

Rupert Hargreaves

Sign up now and get our in-depth FREE e-books on famous investors like Klarman, Dalio, Schloss, Munger Rupert is a committed value investor and regularly writes and invests following the principles set out by Benjamin Graham. He is the editor and co-owner of Hidden Value Stocks, a quarterly investment newsletter aimed at institutional investors. Rupert owns shares in Berkshire Hathaway. Rupert holds qualifications from the Chartered Institute For Securities & Investment and the CFA Society of the UK. Rupert covers everything value investing for Hedge Fund Alpha