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8/15/2019 HSBC Hedge Weekly N22
http://slidepdf.com/reader/full/hsbc-hedge-weekly-n22 1/61
Hedge Weekly N°22
Investment Funds Performance Review
HSBC Alternative Investment Group
Week of Monday 23 May to Friday 27 May 2016
Alternative Investment Products are:NOT A DEPOSIT OROTHER OBLIGATIONOF THE BANK ORANY OF ITSAFFILIATES
NOT FDIC INSURED NOT INSURED BYANY FEDERALGOVERNMENTAGENCY OF THEUNITED STATES
NOT GUARANTEEDBY THE BANK OR ANYOF ITS AFFILIATES
SUBJECT TOINVESTMENT RISK,INCLUDING POSSIBLELOSS OF PRINCIPALINVESTED
8/15/2019 HSBC Hedge Weekly N22
http://slidepdf.com/reader/full/hsbc-hedge-weekly-n22 2/61
Index by Strategies 3
Index by Funds 4
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
8/15/2019 HSBC Hedge Weekly N22
http://slidepdf.com/reader/full/hsbc-hedge-weekly-n22 3/61
Convertible Arbitrage
Convertible 12
Credit Long/Short
Credit 13Fixed Income 18
Distressed
Distressed Security 20
Equity Long/Short
Equity-Commodity 21Equity-Diversified 21Equity-Energy 30Equity-Financial 30Equity-Healthcare 31Equity-Mid-Small Cap 31Equity-Pharma-Biotech 32Equity-Technology 32Equity-Utility 32
Event Driven
Equity-Diversified 33Merger-Arbitrage 33Multi-Strategy 33
Fixed Income Arbitrage
Fixed Income 36
Fund of Funds
Arbitrage 37Event Driven 37Macro 37Multi-Strategy 38Trading 38
Long Only
Equity-Diversified 39
Macro
Commodity 40Commodity-Systematic 40Currency 40Diversified 41Fixed Income 44Systematic 45
Managed FuturesCurrency 46Systematic 49
Market Neutral
Discretionary 50Diversified 51Equity Diversified 51Multi-Strategy 52Statistical Arbitrage 52Systematic 52
Merger Arbitrage
Merger-Arbitrage 54
Multi-Strategy
Credit 55Diversified 55
Volatility Arbitrage
Arbitrage 59
Past performance is not a reliable indicator of future performance. HSBC Alternative Investment Group | 3
Source - HSBC
8/15/2019 HSBC Hedge Weekly N22
http://slidepdf.com/reader/full/hsbc-hedge-weekly-n22 4/61
4
400 CAPITAL CREDIT OPPORTUNITI 18
A
A.R.T. INTERNATIONAL INVESTOR 52
AA M A BSO LU TE R ETU RN F UND 2 5
ABACO FINANCIALS FUND 30
ABRAX MERGER ARBITRAGE S.G. FU 54
ABSOLUTE INSIGHT CREDIT FUND B 13
ABSOLUTE INSIGHT EMERGING MARK 13
ABSOLUTE INSIGHT UK EQUITY MKT 50
ADELPHI EUR. FUND $ (A) 22
ADRIGO HEDGE 22
ADVENT GLOBAL PARTNERS 12AG MORTGAGE VALUE PARTNERS LTD 15
AG SUPER FUND INTERNATIONAL, L 33
AHL EVOLUTION 46
AHL ALPHA 46
AHL DIMENSION 55
AHL DIVERSIFIED 46
AJR INT ERNATIONAL (BVI), INC. 28
AKAMATSU FUND 27
ALLIANCEBERNSTEIN SELECT US EQ 28
ALPHA4X CAPITAL GROWTH FUND 41ALPHADYNE INVESTMENT STRATEGIE 41
AL PH AG EN OC TA NI S C LA SS A 2 8
ALPHAGEN VOLANTIS FUND, LTD - 31
ALTAI CAPITAL PARTNERS OFFSHOR 33
ALTIS GLOBAL TREND PORTFOLIO 46
AMAZON MARKET NEUTRAL FUND CLA 50
ANAVON MASTER FUND LTD CLASS - 25
ANDALUSIAN CORPORATE OPPORTUNI 34
ANDURAND COMMODITIES F UND 40
ANTARES EUROPEAN FUND, LTD - U 22
APERIOS EMERGING CONNECTIVITY 22
AQUILUS INFLECTION FUND LTD E 23
ARCTIC BLUE 40
ARCTIC BLUE CAPITAL 3X 40
ARIST EIA INT ERNATIONAL LTD 15
A RR OWG RAS S M ASTE R FU ND 5 5
ASCEND PARTNERS FUND II LTD - 28
ASGARD FIXED INCOME FUND LTD 15
ASPECT DIVERSIFIED FUND - CLAS 46
ATLAS ENHANCED FUND LTD 55
ATLAS FUNDAMENTAL TRADING FUND 25
ATLAS GLOBAL INVESTMENTS LTD U 56ATREAUS OVERSEAS F UND LTD 42
B
BAF LATAM TRADE FINANCE FUND 13
BASSO INVESTORS LTD 12
BAY RESOURCES PARTNERS OFFSHOR 28
BCM WESTON LP (BILLINGS CAPITA 28
BEACH POINT TOTAL RETURN OFFSH 18
BG UMBRELLA FUND PLC 34
BH-DG SYSTEMATIC TRADING FUND 46
BLACK DIAMOND RELATIVE VALUE L 50
BLACK DIAMOND, LTD - CLASS B ( 56
BLACKROCK EOS CLASS B USD COM 52
BLACKROCK MULTI-STRATEGY FUND 56
BLACKROCK 32 CAPITAL MASTER FU 52
BLACKROCK CAPITAL STRUCTURE IN 56
BLACKROCK EUROPEAN DIVERSIFIED 51
BLACKROCK FIXED INCOME GLOBAL 36
BLACKROCK OBSIDIAN FUND 36
BLACKROCK PAN ASIA OPPORTUNITI 51
BLACKROCK UK EQUITY HEDGE FUND 28
BLUEBAY CREDIT ALPHA LONG SHOR 15
BLUEBAY EMERGING MARKET CORPOR 13
BLUEBAY EMERGING MARKET OPPORT 13
BLUEBAY EVENT DRIVEN CREDIT FU 19
BLUEMATRIX FUND CLASS -A- USD 53
BLUEMOUNTAIN CREDIT ALTERNATIV 15
BLUEMOUNTAIN EQUITY ALTERNATIV 59
BLUEMOUNTAIN LONG SHORT EQUITY 25
BLUETREND FUND, LTD -USD- CLAS 46
BNY MELLON ARX BRAZIL FUND SPC 22
BORONIA DIVERSIFIED FUND MASTE 47BOUSSARD & GAVAUDAN HOLDING LT 56
BREVAN HOWARD ASIA FUND LIMITE 41
BREVAN HOWARD FUND, LTD - USD 42
BREVAN HOWARD M/S FUND, LTD – 56
BRIGADE LEVERAGED CAPITAL STRU 18
BRUMMER MULTISTRATEGY 2XL, LTD 56
BTG PACTUAL GLOBAL EM. MKTS AN 42
C
CAIRN SPECIAL OPPORTUNITIES CR 14
CAIRN STRATA CREDIT FUND LTD 14
CAMPBELL GLOBAL ASSETS FUND LT 47
CAMPBELL GLOBAL ASSETS FUND LT 47
CANDLEWOOD SPECIAL SITUATIONS 19
CANDLEWOOD STRUCTURED CREDIT H 15
CANTAB CAPITAL PARTNERS QUANTI 47
C AN YON B AL AN CED FU ND L TD 5 5
CANYON VALUE REALIZATION FD, L 19
CAPEVIEW AZRI 2X FUND 23
CAPEVIEW AZRI FUND 23
CAPEVIEW RECOVERY FUND 14
CAPITAL FOUR CREDIT OPPORTUNIT 14
CAPULA GLOBAL RELATIVE VALUE F 36
CASSIOPEIA FUND CLASS C 59
CAXTON GLOBAL INVESTMENT LTD 42
CCI HEALTHCARE PARTNERS LTD 30
CCI MICRO HEALTHCARE PARTNERS 30
CERBERUS INTL. LTD CLASS A A/ 19
CHENAVARI CORPORATE CREDIT STR 15
CHENAVARI MULTI STRATEGY CREDI 55
CHENAVARI REGULATORY CAPITAL S 14
CHENAVARI TORO LIMITED 14CLAREANT GLOBAL SPECIAL SITUAT 15
CLAREANT STRUCTURED CREDIT OPP 15
CLAREANT STRUCTURED CREDIT OPP 15
COASTLAND DIRECT YIELD FUND 18
COBALT OFFSHORE LTD 28
COHERENCE CAPITAL SPECTRUM FUN 16
COMMONWEALTH OPPORTUNITY CAYMA 42
CONQUEST MACRO FUND, LTD (COMP 47
CONTRARIAN CAPITAL FUND I OFFS 19
CONTRARIAN EMERGING MARKETS OF 13COOPER CREEK PARTNERS LLC 31
COVALIS CAPITAL CLASS B 23
CQS ABS FEEDER FUND - CLASS -B 16
CQS DIRECTIONAL OPP. FEEDER FU 56
CQS DIVERSIFIED FUND (SPC) LTD 56
CQS GLOBAL CONVERTIBLE ARBITRA 12
Past performance is not a reliable indicator of future performance. HSBC Alternative Investment Group | 4
Source - HSBC
8/15/2019 HSBC Hedge Weekly N22
http://slidepdf.com/reader/full/hsbc-hedge-weekly-n22 5/61
CRABEL F UND SPC LTD CLASS A 47
CYGNUS EUROPA EVENT DRIVEN FUN 33
CYGNUS UTILITIES, INFRASTRUCTU 32
D
DACHARAN EQUITY FUND 53
DACHARAN HIGH EXPOSURE 46
DAVIDSON KEMPNER DIST. OPP. IN 19
DAVIDSON KEMPNER INTL, LTD - C 34
DB PLATINUM IV DBX SYSTEMATIC 47
DB PLATINUM IV MW HELIUM 47
DIAMOND NEUTRAL FUND CLASS A1 37
DISCUS FEEDER LTD CL. B USD ST 47
DORSET ENERGY FUND, LTD - CLAS 30
DOUBLE BLACK DIAMOND LTD - SER 56
DROMEUS GLOBAL OPPORTUNITIES F 34
DUET EM FRONTIER FUND 22
DUET GLOBAL PLUS FUND 25
DUNN WMA FUND SA 47
DUNN WMA INSTITUTIONAL UCITS F 47
DW CATALYST OFFSHORE FUND -A - 16
DW VALUE OFF SHORE F UND LTD 16
DYMON ASIA MACRO FUND (SERIES 40
E
EAGLE GLOBAL 47
EA GL E QU AN TI TATI VE M AC RO 4 5
ECF VALUE FUND INTERNATIONAL L 34
ECLECTICA FUND CLASS A EURO (T 42
ECOFIN VISTA LONG SHORT FUND 25
EIFFEL CREDIT OPPORTUNITIES FU 14
ELECT RON GLOBAL F UND, L.P. 32
ELLINGTON CREDIT OPPORTUNITIES 16
ELLINGTON MORTGAGE OPPORTUNITI 16
ELM RIDGE CAPITAL PARTNERS L.P 28
EPISODE INC. CLASS A 42
EQUILIBRIA JAPAN FUND LTD 1X U 50
EQUILIBRIA JAPAN FUND LTD 2X ( 50
EXANE ARCHIMEDES FUND CLASS A 32
EXANE TEMPLIERS FUND 25
F
FARRINGDON ALPHA ONE 25
FINISTERRE CREDIT FUND 13
FINISTERRE GLOBAL OPPORTUNITY 41
FIREBIRD NEW RUSSIA FUND, LTD 27
FIREBIRD REPUBLICS FUND, LTD 22
FJ CAPITAL FINANCIAL OPPORTUNI 28
FORT GLOBAL CONTRARIAN 47
FORT GLOBAL DIVERSIFIED 47
G
GABELLI ASSOCIATES LIMIT ED 54
GAM DIVERSITY I INC - US$ CLAS 38
GAM GLOBAL RATES HEDGE FUND 42
GAM TALENTUM ENHANCED EUROPE L 51
GAM TRADING II USD 38
GAMUT INVESTMENTS 42
GA VEA FU ND LT D . C LA SS A S /1 4 1
GEMS PROGR. FUND SICAV RECOVER 37
GEMSSTOCK FUND - B1 USD 42
GIM PORTFOLIO STRATEGIES – Eur 23
GLADE BROOK GLOBAL OFFSHORE FU 25
GLAZER ENHANCED OFFSHORE FUND 54
GLENVIEW CAPITAL PARTNERS (CAY 28
GLG CROSS ASSET VALUE OFFSHORE 14
GLG EUROPEAN EQUITY ALTERNATIV 51
GLG EUROPEAN LONG SHORT FUND C 23
GLG MARKET NEUTRAL FUND - CLAS 56
GOLDEN CHINA F UND NR CLASS 21
GRAHAM ABSOLUTE RETURN TRADING 43
GRAHAM GIF II PROPRIETARY MATR 48
GRAHAM GLOBAL INVESTMENT FUND 43
GRAHAM GLOBAL INVESTMENT FUND 48
GRAHAM GLOBAL INVESTMENT FUND 48
GRAHAM GLOBAL INVESTMENT FUND 48
GRAHAM GLOBAL INVESTMENT FUND- 43
GRANADA EUROPE FUND LTD 23GRATICULE ASIA MACRO F UND 41
GREEN FUND LLC - CLASS I 42
GREENLIGHT CAPITAL OFFSHORE, L 29
GREYWOLF CAPITAL OVERSEAS FUND 34
GSA INTERNATIONAL FUND - CLASS 52
GSA TREND FUND 48
H
HABROK LTD 25
HALCYON OFF. ASSET-BACKED VALU 20
HALCYON PARTNERS OFFSHORE FUND 56
HARBOUR HOLDINGS LTD 31
HARMONIC ALPHA PLUS MACRO FUN 43
HARNESS MACRO CURRENCY FUND 41
HARVEY PARTNERS LLC 31
HIGHBRIDGE CAPITAL CORPORATION 57
HIGHER MOMENT AURORA FUND LP 45
HIGHER MOMENT CAPITAL OPPORTUN 45
HINOKI FUND LP 29
H OR SEM AN GL OB AL FU ND U SD 2 6
HSBC CREDIT MARKET OPPORTUNITI 37
HSBC GH FUND USD 38
HSBC LEVERAGED GH FUND 38
HSBC MAA FUND USD 37
HSBC SPECIAL OPPORTUNITIES FUN 37
HSBC TRADING ADVANTEDGE FUND 38
HSBC UCITS ADVANTEDGE FUND - U 38
HUDSON BAY INTERNATIONAL FUND 52
HUTCHIN HILL DIVERSIFIED ALPHA 57
I
III FUND LTD 36
III RELATIVE VALUE CREDIT STRA 16
III SELECT CREDIT FUND LTD CLA 16
IP ALL SEASONS ASIAN CREDIT FU 13
ISAM SYSTEMATIC TREND FUND CLA 48
IVORY CAPITAL FLAGSHIP STRATEG 29
IVORY OPTIMAL FUND LTD 29
J
JA BC AP EM EA FU ND C LAS S X 1 2 2
JABCAP GLOBAL BALANCED FUND LT 57
JABCAP GLOBAL CONVERTIBLE FUND 12
JABCAP MULTI STRATEGY FUND LTD 57
JENOP GLOBAL HEALTHCARE FUND L 30
JPMORGAN INVESTMENT GLOBAL MAC 43
Past performance is not a reliable indicator of future performance. HSBC Alternative Investment Group | 5
Source - HSBC
8/15/2019 HSBC Hedge Weekly N22
http://slidepdf.com/reader/full/hsbc-hedge-weekly-n22 6/61
K
KEYNES LEVERAGED QUANTITATIVE 48
KG INVESTMENT FUND LLC 34
KINGDON CREDIT LTD A1/1 16
KINSALE COMPASS FUND 26
KITE LAKE (KL) SPECIAL OPPORTU 34
KLS DIVERSIFIED FUND LTD 18
KO-ZHOU FUNDAMENTAL FX FUND 41
L
L1 CAPIT AL LONG SHORT F UND 22
LANSDOWNE DEVELOPED MARKET FUN 26
LANSDOWNE EUROPEAN EQUITY FD, 23
LAZARD GLOBAL HEXAGON FUND 26LAZARD RATHMORE FUND - CLASS A 12
LC EQUITY FUND LTD 23
LEGG MASON MARTIN CURRIE EUROP 23
LIGHTHORSE CHINA GROWTH FUND L 21
LIM ASIA MULTI-STRATEGY FUND C 52
LIM JAPAN FUND 58
LINDEN INTERNATIONAL LTD 57
LION FUND, LTD (THE) 54
LMR ALPHA RATES TRADING FUND, 36
LMR FUND LTD 57
LNG EUROPA CREDIT FUND 14
LONDON SELECT F UND LIMIT ED 43
LOOMIS SAYLES CREDIT LONG SHOR 16
LOREM IPSUM MASTER F UND LP 26
LTS GLOBAL EMERGING MARKETS FU 13
L UC ER NE C API TAL FU ND L .P. 2 3
LYNX (BERMUDA) LTD 48
LYNX BERMUDA 1.5 LTD 48
M
M. KINGDON OFF SHORE NV - A/1 26
MACQUARIE ASIAN ALPHA F UND 51
MACQUARIE EUROPEAN ALPHA FUND 51
MADRAGUE EQUITY LONG SHORT 23
MAN AHL CURRENCY FUND DN USD 46
MAN GLG MULTI-STRATEGY CLASS M 57
MAN GLG MULTI-STRATEGY FUND CL 57
MARATHON VERTEX JAPAN FD, LTD 27
MARCATO INT ERNATIONAL LTD 33
MARINUS OPPORTUNITIES FUND 18
MARKHAM RAE I SUB FUND 44
MARLIN FUND LP 29
MARSHALL WACE - EUROPA FUND A 23
MARSHALL WACE - MW TOPS FUND 24
MARSHALL WACE - MW EUREKA A1 E 26
MARSHALL WACE - MW GLOBAL FINA 30
MARSHALL WACE - MW GLOBAL OPPO 26
MARSHALL WACE - MW MARKET NEUT 50
MASTERS FUND LTD MAGNOLIA SERI 37
MAVERICK FUND, LTD - CLASS A/1 26
MELLON OFF GLOB OPP FUND LTD - 43
MERCHANT COMMODITY FUND (THE) 40
MERRICKS CAPITAL SOFT COMMODIT 40
MIDOCEAN ABSOLUTE RETURN CREDI 18
MIDOCEAN CREDIT OPPORTUNITY FU 18
MILLBURN COMMODITY PROGRAM 40
MILLBURN DIVERSIFIED PROGRAM 48
MILLENNIUM INTL LTD 57
MITRA CAPITAL MASTER FUND LP 51
MK P C RE DI T OFFS HOR E FU ND 1 6
MKP ENHANCED OPPORTUNITY OFFSH 43
MKP OPPORTUNITY OFFSHORE, LTD 43
MLIS - BEACH POINT DIVERSIFIED 16
MLIS - CCI HEALTHCARE LONG SHO 30
MLIS - MARSHALL W. TOPS UCITS 50
MLIS - OZ EUROPE UCITS FUND CL 33
MLIS - THEOREMA EUROPEAN EQUIT 24
MLM MACRO PEAK PARTNERS OFFSH 43
MOAB PARTNERS OFFSHORE FUND LT 34
MOJNA ALPHA LEVERAGED MASTER F 24
MONARCH DEBT RECOVERY FUND LTD 19
MONEDA LATIN AMERICAN CORPORAT 13
MOORE GLOBAL INV F D, LTD - A $ 43
MOORE MACRO MANAGERS FUND, LTD 43MS ASCEND UCITS FUND CLASS I E 26
MUDRICK DISTRESSED OPPORTUNITY 19
N
NAPIER PARK EUROPEAN CREDIT OP 14
NEUBERGER BERMAN US LONG SHORT 29
NEZU CYCLICALS FUND LTD 21
N OR DI C AL PHA C LAS S B - N OK 2 4
NORTHLIGHT EUROPEAN FUNDAMENTA 14
NUMEN CREDIT OPPORTUNITIES FUN 55
O
OBSERVATORY CREDIT MARKETS FUN 14
OCCO EASTERN EUROPEAN FUND A S 22
OCEANIC HEDGE FUND - CLASS A 21
OCP DEBT OPPORTUNITY INTERNATI 19
OC TAGO N H IG H I NCO ME FU ND 1 8
OCTAGON PAN ASIA FUND 21
ODEY EUROPEAN, INC ( EUR) 24
OKUMUS OPPORTUNISTIC VALUE FUN 29
OMEGA OVERSEAS PARTNERS LTD CL 29
OMNI EVENT FUND LIMITED 34
ONE WILLIAM STREET CAPITAL FUN 16
ONSLOW MACRO F UND CLASS A 43
ORTUS AGGRESSIVE FUND (CAYMAN) 46
ORTUS FUND (CAYMAN) LTD 46
OWL CREEK OVERSEAS FUND, LTD 34
OWS CREDIT OPPORTUNITY FUND 19
OYSTER MARKET NEUTRAL EUR 50
PPALOMA INTERNATIONAL LTD CLASS 57
PAMPLONA CREDIT OPPORTUNITIES 14
PARUS FUND PLC USD CLASS 26
PASSPORT GLOBAL STRATEGY FUND 26
PASSPORT LONG SHORT STRATEGY F 26
PASSPORT SPECIAL OPPORTUNITIES 26
PEGASUS FUND LIMITED SHARES A- 28
PELAGUS CAPITAL FUND 36
PELHAM LONG/SHORT FUND LTD CLA 24
PELHAM LONG/SHORT SMALL CAP FU 31
PENSATO EUROPA FUND LTD EURO C 24
PERCEPTIVE LIFE SCIENCES OFFSH 32
P ER SH IN G SQ UAR E I NTL .L TD 3 4
PHALANX JAPAN AUSTRALASIA MULT 55
PHARO GAIA FUND, LTD 42
PHARO MACRO FUND, LTD 44
Past performance is not a reliable indicator of future performance. HSBC Alternative Investment Group | 6
Source - HSBC
8/15/2019 HSBC Hedge Weekly N22
http://slidepdf.com/reader/full/hsbc-hedge-weekly-n22 7/61
PHARO TRADING FUND, LTD 42
PIMCO ABSOLUTE RETURN STRATEGY 44
PIMCO GLOBAL CREDIT OPPORTUNIT 17
PIMCO MULTI-ASSET VOLATILITY F 59
PIMCO TACTICAL OPPORTUNITIES F 17
PINE RIVER CONVERTIBLES FUND 12
PINE RIVER FIXED INCOME FUND L 17
PINE RIVER FUND CLASS -B1- SHA 57
PINE RIVER LIQUID RAT ES F UND 36
PINPOINT CHINA FUND CLASS A US 21
PINPOINT MULTI-STRATEGY FUND 44
PLATINUM FUND LTD 27
PLATINUM PARTNERS VALUE ARBITR 57
POLAR CAPITAL EUROPEAN CONVICT 24
POLAR CAPITAL EUROPEAN FORAGER 31
PORTLAND HILL OVERSEAS FUND LT 33POTOMAC RIVER CAPITAL MASTER F 44
PROLOGUE FEEDER FUND, LTD. CLA 36
PSAM REBOUND PORTFOLIO FUND LT 19
PSAM WORLDARB MASTER FUND LTD 34
PWP GLOBAL MACRO FUND 44
Q
QMS DIVERSIFIED GLOBAL MACRO 48
QUAM CHINA FOCUS SEGREGATED PO 21
QVT OFFSHORE LTD CLASS 1-NR 57
R
RBR EUROPEAN LONG SHORT LTD (E 24
REAL RETURN ASIAN FUND LTD (TH 21
REDWOOD OFFSHORE FUND 20
RENAISSANCE INSTITUTIONAL DIVE 51
RENAISSANCE INSTITUTIONAL EQUI 29
RESIDENTIAL REAL ESTATE TOTAL 17
ROY G. NIEDERHOFFER DIVERSIFIE 48
RP DEBT OPPORTUNITIES F UND 17
RP SELECT OPPORTUNITIES FUND 17
RUBICON GLOBAL FUND, LTD 44
RUSSIAN PROSPERIT Y F UND - A 39
RV CAPITAL ASIA OPPORTUNITY FU 41
RWC ASIA ABSOLUTE ALPHA FUND - 27
RWC ASIA OPPORTUNITY F UND 21
RWC SAMSARA FUND CLASS A EURO 24
RWC US ABSOLUTE ALPHA FUND - C 29
S
SABA CAPITAL OFFSHORE FUND LTD 17
SAGIL LATIN AMERICAN OPPORTUNI 22
SALAR CONVERTIBLE ABSOLUTE RET 12
SANCT UM F IXED INCOME F UND 36
SANDLER PLUS OFFSHORE FUND LTD 29
SCHRODER CAZENOVE UK ABSOLUTE 50
SCHRODER ISF EMERGING MARKET D 13
SEER CAPITAL PARTNERS OFFSHORE 17
SEGANTII ASIA-PACIFIC EQUITY M 55
SELIGMAN TECH SPECTRUM FUND CL 32
SEMINOLE OFFSHORE FUND 29
SENVEST PARTNERS, LTD - CLASS 31
SERONE KEY OPPORTUNITIES FUND 15
SFP VALUE REALIZATION F UND 27
SIERRA EUROPE OFFSHORE, LTD - 24
SINFONIETTA FUND 41
SIVIK GLOBAL HEALTHCARE OFFSHO 32
SMN DIVERSIFIED FUTURES FUND 49
SOLAISE SYSTEMATIC FUND LTD ( 49
SOLUS SOLA LTD CL. I 35
SOUND POINT BEACON OFFSHORE FU 20
SPF CREDIT SUISSE SECURITIZED 17
SPINNAKER GLOB OPP FUND, LTD C 42
SPINNAKER GLOBAL EMERGING MARK 55
SR GLOBAL FUND (Class N) Emerg 22
SR GLOBAL FUND C - INTERNATION 27
SR GLOBAL FUND H - JAPAN (Real 27
SR GLOBAL FUND INC - G - GLOBA 27
SR PHOENICIA INC CLASS -A- SER 27
STANDARD LIFE GLOBAL FOCUSED S 44
STK CAPIT AL GLOBAL EQUIT IES 27
STRATEGIC VALUE RESTRUCTURING 20
STRATUS FUND LIMITED CLASS B 58SUSA EUROPEAN EQUITIES FUND CL 24
T
TELLIGENT GREATER CHINA FUND 21
TEWKSBURY INVESTMENT FUND, LTD 49
THE CAMBRIDGE STRATEGY - ASIAN 40
THE CAMBRIDGE STRATEGY - EMERG 41
THREADNEEDLE UK ABSOLUTE ALPHA 28
TIG ARBITRAGE ENHANCED FUND 33
TIG SECURITIZED ASSET FUND LTD 17
TILDEN PARK OFFSHORE INVESTMEN 18
TONGA PARTNERS LP 31
TOSCA CLASS A - USD 30
TRADELINK INTEGRATED PROGRAM L 49
TRIAN PARTNERS LTD 35
TRIAS L/S FUND 24
TRICADIA CREDIT STRATEGIES, LT 17
TRISHIELD SPECIAL SITUATIONS F 35
TRISTAN PARTNERS LP 31
TT INTERNATIONAL FUND 44
TT L ONG /SH ORT FOC US F UN D 2 5
TT MID-CAP EUROPE LONG/SHORT F 25
TUDOR B.V.I GLOBAL FUND LTD -A 44
TUDOR BVI GLOBAL FUND LTD CLAS 44
TUDOR DISCRETIONARY MACRO FUND 44
TULIP TREND FUND, LTD - A 49
TWO SIGMA ABSOLUTE RETURN CAYM 52
TWO SIGMA COMPASS CAYMAN FUND 49
TYRUS CAPITAL EVENT FUND LTD 35
U
UMJ KOTOSHIRO FUND 27
V
VARDEN PACIFIC OPPORTUNITY OFF 17
VERITION MULTI-STRATEGY FUND C 58
VISIUM BALANCED OFFSHORE FUND 32
VISIUM GLOBAL OFFSHORE FUND LT 58
VISIUM INSTITUTIONAL PARTNERS 31
VR GLOBAL OFFSHORE FUND LTD 20
W
WEISS MULTI-STRATEGY PARTNERS 58
WELLINGTON MANAGEMENT INV BERM 30
WELTON GLOBAL DIRECTIONAL PORT 49
WF ASIA FUND LTD S/1 21
WHITEBOX MULTI-STRATEGY FUND 35
Past performance is not a reliable indicator of future performance. HSBC Alternative Investment Group | 7
Source - HSBC
8/15/2019 HSBC Hedge Weekly N22
http://slidepdf.com/reader/full/hsbc-hedge-weekly-n22 8/61
WINTON EVOLUTION FUND 49
WINTON FUTURES FUND 49
WYETREE EUROPEAN RECOVERY FUND 15
WYETREE YIELD DISTRIBUTION FUN 18
ZZADIG FUND CLASS A1 25
Z EAL CHINA F UND LTD - USD -NI 21
ZWEIG-DIMENNA INTL LIMITED - C 29
Past performance is not a reliable indicator of future performance. HSBC Alternative Investment Group | 8
Source - HSBC
8/15/2019 HSBC Hedge Weekly N22
http://slidepdf.com/reader/full/hsbc-hedge-weekly-n22 9/61
TopInvestment Funds Return Date
DORSET ENERGY FUND, LTD - CLASS A 40.83 20 May 16
RUSSIAN PROSPERITY FUND - A 20.38 19 May 16
ARCTIC BLUE CAPITAL 3X 19.37 30 Apr 16
HALCYON PARTNERS OFFSHORE FUND LTD 18.61 20 May 16
VARDEN PACIFIC OPPORTUNITY OFFSHORE FUND I LTD 15.21 30 Apr 16
MUDRICK DISTRESSED OPPORTUNITY F UND LTD 15.10 20 May 16
L1 CAPITAL LONG SHORT FUND 15.03 30 Apr 16
CONQUEST MACRO FUND, LTD (COMP) 14.53 24 May 16
ELM RIDGE CAPITAL PARTNERS L.P. 14.16 30 Apr 16
SABA CAPITAL OFFSHORE FUND LTD 14.06 20 May 16
ANDURAND COMMODITIES FUND 12.67 30 Apr 16
CQS DIRECTIONAL OPP. FEEDER FUND. Ltd – A NI USD 11.55 30 Apr 16
PEGASUS FUND LIMITED SHARES A-1 11.15 13 May 16
RWC ASIA OPPORTUNITY FUND 10.67 20 May 16
ECF VALUE FUND INTERNATIONAL LTD 10.60 30 Apr 16
BRIGADE LEVERAGED CAPITAL STRUCTURES FUNDLTD
10.52 20 May 16
DACHARAN HIGH EXPOSURE 10.23 30 Apr 16
FIREBIRD NEW RUSSIA FUND, LTD - CLASS A 9.73 20 May 16
CRABEL FUND SPC LTD CLASS A 9.20 20 May 16
SAGIL LATIN AMERICAN OPPORTUNITIES FUND CLASSA
8.81 30 Apr 16
BottomInvestment Funds Return Date
ODEY EUROPEAN, INC (EUR) -27.95 20 May 16
A LTAI C API TA L PA RTN ER S OFF SH OR E, L TD - 27 .0 3 3 0 Ap r 1 6
OKUMUS OPPORTUNISTIC VALUE FUND, LTD CLASS A -25.36 30 Apr 16
SR GLOBAL FUND H - JAPAN (Real Perf) -21.96 20 May 16
LOREM IPSUM MASTER FUND LP -20.93 31 Mar 16
WELLINGTON MANAGEMENT INV BERMUDA LTD BAYPOND A/1 NI
- 20 .6 8 3 0 Ap r 1 6
JENOP GLOBAL HEALTHCARE FUND LTD SERIES A -20.17 10 May 16
SFP VALUE REALIZATION FUND -18.20 20 May 16
PERSHING SQUARE INTL.LTD -17.05 24 May 16
JABCAP GLOBAL BALANCED FUND LTD CLASS D/1 NI -16.90 17 May 16
CAPEVIEW AZRI 2X FUND -16.73 20 May 16
V ISI UM I NS TI TU TI ON AL P AR TN ER S FU ND L TD - 16 .3 4 2 0 Ma y 1 6
GOLDEN CHINA FUND NR CLASS -16.25 20 May 16
LUCERNE CAPITAL FUND L.P. -16.05 30 Apr 16
AMAZON MARKET NEUTRAL F UND CLASS A USD -16.04 30 Apr 16
ZWEIG-DIMENNA INTL LIMITED - CLASS A -15.66 31 Mar 16
LANSDOWNE EUROPEAN EQUITY FD, LTD - A (EUR) -14.62 29 Apr 16
NEZU CYCLICALS FUND LTD -14.62 20 May 16
JABCAP MULTI STRATEGY FUND LTD CLASS D/1 NI -13.74 13 May 16
CCI MICRO HEALTHCARE PARTNERS LTD -13.63 30 Apr 16
This ranking is for information only and should not be considered as exhaustive.
Past performance is not a reliable indicator of future performance. HSBC Alternative Investment Group | 9
Source - HSBC
8/15/2019 HSBC Hedge Weekly N22
http://slidepdf.com/reader/full/hsbc-hedge-weekly-n22 10/61
TopInvestment Funds Return Date
L1 CAPITAL LONG SHORT FUND 60.52 31 Dec 15
AAM ABSOLUTE RETURN FUND 58.52 31 Dec 15
PERCEPTIVE LIFE SCIENCES OFFSHORE FUND LTD 49.60 31 Dec 15
MITRA CAPITAL MASTER FUND LP 43.43 31 Dec 15
P ELH AM L ON G/ SH OR T SM ALL C AP FU ND L TD 4 2. 71 3 1 De c 15
HIGHER MOMENT CAPIT AL OPPORTUNITIES, LP 31.61 31 Dec 15
SEGANTII ASIA-PACIFIC EQUITY MULTI-STRATEGY FUND 29.51 31 Dec 15
LANSDOWNE EUROPEAN EQUIT Y F D, LTD - A (EUR) 28.24 31 Dec 15
CYGNUS EUROPA EVENT DRIVEN FUND 27.54 31 Dec 15
TT LONG/SHORT FOCUS FUND 26.81 31 Dec 15
AMAZON MARKET NEUTRAL F UND CLASS A USD 26.27 31 Dec 15
MILLBURN COMMODITY PROGRAM 25.50 31 Dec 15
CLAREANT GLOBAL SPECIAL SIT UATIONS F UND 23.71 31 Dec 15
PENSATO EUROPA FUND LTD EURO CLASS 23.68 31 Dec 15
ABRAX MERGER ARBITRAGE S.G. FUND 22.73 31 Dec 15
TRIAS L/S FUND 22.56 31 Dec 15
GOLDEN CHINA FUND NR CLASS 21.94 31 Dec 15
CAPEVIEW AZRI 2X FUND 21.64 31 Dec 15
HORSEMAN GLOBAL FUND USD 20.42 31 Dec 15
F J CAPIT AL F INANCIAL OPPORTUNITY F UND LTD 19.64 31 Dec 15
BottomInvestment Funds Return Date
DORSET ENERGY FUND, LTD - CLASS A -44.05 31 Dec 15
A LTAI C API TA L PA RTN ER S OFF SH OR E, L TD - 39 .0 9 3 1 D ec 1 5
ELM RIDGE CAPITAL PARTNERS L.P. -29.96 31 Dec 15
MUDRICK DISTRESSED OPPORTUNITY F UND LTD -25.71 31 Dec 15
ANDALUSIAN CORPORATE OPPORTUNITIES FUND LP -22.85 31 Dec 15
ECF VALUE FUND INTERNATIONAL LTD -20.57 31 Dec 15
GR EE NL IG HT C AP ITAL OF FSH OR E, L TD - A /1 - 20 .3 8 3 1 D ec 1 5
TR IS HI EL D SP ECI AL SI TU ATI ON S FU ND L LC - 19 .8 5 3 1 D ec 1 5
GLENVIEW CAPIT AL PARTNERS (CAYMAN), LTD. -18.12 31 Dec 15
SENVEST PARTNERS, LTD - CLASS A -17.34 31 Dec 15
PERSHING SQUARE INTL.LTD -16.66 31 Dec 15
CANDLEWOOD SPECIAL SIT UATIONS F UND LTD -14.25 31 Dec 15
GREYWOLF CAPITAL OVERSEAS FUND -14.14 31 Dec 15
LYNX BERMUDA 1.5 LTD -13.76 31 Dec 15
HARBOUR HOLDINGS LTD -13.46 31 Dec 15
ODEY EUROPEAN, INC (EUR) -12.82 31 Dec 15
TONGA PARTNERS LP -12.61 3 1 Dec 15
POLAR CAPITAL EUROPEAN CONVICTION FUND LIMITED -12.20 31 Dec 15
FIREBIRD REPUBLICS FUND, LTD -11.65 31 Dec 15
BNY MELLON ARX BRAZIL F UND SPC LONG SHORT -11.34 31 Dec 15
This ranking is for information only and should not be considered as exhaustive.
Past performance is not a reliable indicator of future performance. HSBC Alternative Investment Group | 10
Source - HSBC
8/15/2019 HSBC Hedge Weekly N22
http://slidepdf.com/reader/full/hsbc-hedge-weekly-n22 11/61
TopInvestment Funds Return Date
ISAM SYSTEMATIC TREND FUND CLASS Q 61.95 31 Dec 14
MERCHANT COMMODITY FUND (THE) - COMPOSITE 59.33 31 Dec 14
MAN AHL CURRENCY FUND DN USD 58.05 31 Dec 14
SMN DIVERSIFIED FUTURES FUND 57.24 31 Dec 14
LYNX BERMUDA 1.5 LTD 42.18 31 Dec 14
CANTAB CAPITAL PARTNERS QUANTITATIVE FUND(THE) - USD ARISTARCHUS
3 9. 31 3 1 De c 14
ANDURAND COMMODITIES FUND 38.31 31 Dec 14
PERSHING SQUARE INTL.LTD 37.24 31 Dec 14
TULIP TREND FUND, LTD - A 36.15 31 Dec 14
DUNN WMA FUND SA 35.08 31 Dec 14
SEGANTII ASIA-PACIFIC EQUITY MULTI-STRATEGY FUND 34.88 31 Dec 14
W EL TO N GL OB AL D IR EC TI ON AL P OR TFO LI O 3 4. 01 3 1 De c 14
AHL DIVERSIFIED 33.79 31 Dec 14
ARCTIC BLUE CAPITAL 3X 32.91 31 Dec 14
GSA TREND FUND 32.59 31 Dec 14
ASPECT DIVERSIFIED FUND - CLASS A 32.05 31 Dec 14
GOLDEN CHINA FUND NR CLASS 30.02 31 Dec 14
SELIGMAN TECH SPECTRUM FUND CLASS -A1-S/2-2002 30.00 31 Dec 14
OKUMUS OPPORTUNISTIC VALUE FUND, LTD CLASS A 29.71 31 Dec 14
MILLBURN COMMODITY PROGRAM 28.09 31 Dec 14
BottomInvestment Funds Return Date
RUSSIAN PROSPERITY FUND - A -43.99 31 Dec 14
FI RE BI RD N EW R USS IA F UN D, L TD - C LA SS A - 34 .5 9 3 1 D ec 1 4
DORSET ENERGY FUND, LTD - CLASS A -27.20 31 Dec 14
FIREBIRD REPUBLICS FUND, LTD -22.64 31 Dec 14
PEGASUS FUND LIMITED SHARES A-1 -15.72 31 Dec 14
PHALANX JAPAN AUSTRALASIA MULTI-STRATEGY FUNDLTD
-12.87 31 Dec 14
MITRA CAPITAL MASTER FUND LP -12.55 31 Dec 14
ABACO FINANCIALS FUND -11.47 31 Dec 14
SABA CAPITAL OFFSHORE FUND LTD -10.80 31 Dec 14
LNG EUROPA CREDIT FUND -10.36 31 Dec 14
AAM ABSOLUTE RETURN FUND -9.85 31 Dec 14
TT INTERNATIONAL FUND -8.57 31 Dec 14
LION FUND, LTD (THE) -8.29 31 Dec 14
QUAM CHINA F OCUS SEGREGATED PORTF OLIO -8.20 31 Dec 14
OWL CREEK OVERSEAS FUND, LTD -8.00 31 Dec 14
ONSLOW MACRO FUND CLASS A -7.94 31 Dec 14
GLG MARKET NEUTRAL F UND - CLASS Z USD Unres -7.43 31 Dec 14
AJR INTERNATIONAL (BVI), INC. - A/1 -6.92 31 Dec 14
TOSCA CLASS A - USD -6.79 31 Dec 14
M LI S - O Z EU ROP E UC ITS FU ND C LAS S B EU R - 6. 70 3 1 D ec 1 4
This ranking is for information only and should not be considered as exhaustive.
Past performance is not a reliable indicator of future performance. HSBC Alternative Investment Group | 11
Source - HSBC
8/15/2019 HSBC Hedge Weekly N22
http://slidepdf.com/reader/full/hsbc-hedge-weekly-n22 12/61
InceptionDate
Liquidity AssetSize
Last NAVor Index
Date MTD YTD 2015 2014 2013 2012 2011 Ann.Return
Ann.Volatility
MaxDrawdown1
ConvertibleYtd Avg. 2016 (0.26%)
Convertible/Global Ytd Avg. 2016(1.03%)
ADVENT GLOBAL PARTNERSADVENT CAPITAL MANAGEMENT
30 Sep 96 Q $311MMar 16
404.16 20 May 16 0.38% 2.08% 3.94% -1.54% 10.51% 8.45% -6.27% 7.37% 6.77% (27.58%)Oct 07 - Nov 08
BASSO INVESTORS LTDHoward Fischer
30 Sep 95 Q $444MApr 16
7,486.03 20 May 16 0.43% 1.64% 2.11% 1.95% 11.45% 9.5% 2.61% 10.24% 5.74% (25.00%)Dec 07 - Oct 08
CQS GLOBAL CONVERTIBLEARBITRAGE MASTER FUND LTDCQS (UK) LLP, Alex Schoenenberger
30 Jun 14 M $496MApr 16
108.46 06 May 16 (0.01%) 1.76% 7.54% -0.88% 4.48% 2 .96% (1.53%)Jul 14 - Sep 14
JABCAP GLOBAL CONVERTIBLEFUND - D1 UnrestrictedPhilippe Jabre
30 Apr 07 W $227MApr 16
181.59 17 May 16 ( 1.96%) (9.94%) 0.25% 4.13% 27.14% 5.37% -14.15% 6.81% 12.18% (28.61%)May 08 - Nov 08
LAZARD RATHMORE FUND -CLASS A-2
Sean Reynolds
31 May 07 Q/M $826MFeb 16
201.95 20 May 16 ( 0.31%) 0.15% -3.74% -1.69% 10.55% 4.73% -1.64% 8.14% 8.06% (16.25%)Aug 08 - Nov 08
SALAR CONVERTIBLE ABSOLUTERETURN FUNDAlex Warren, David Persaud
31 Aug 10 W $217MApr 16
117.89 20 May 16 0.27% (1.88%) 1.9% 0.71% 10.34% 6.42% -2.86% 2.92% 3.52% (7.17%)May 15 - Mar 16
Convertible/USAYtd Avg. 2016
4.39%
PINE RIVER CONVERTIBLES FUNDFranklin Parlamis
31 Jul 09 Q $219MMay 16
198.67 30 Apr 16 4.70% 4.39% -3.59% 0.41% 19.34% 7.6% 4.98% 10.70% 7.15% (11.01%)Jun 15 - Jan 16
1. Max Drawdown: Peak to trough.
Past performance is not a reliable indicator of future performance. HSBC Alternative Investment Group | 12
Source - HSBC
8/15/2019 HSBC Hedge Weekly N22
http://slidepdf.com/reader/full/hsbc-hedge-weekly-n22 13/61
InceptionDate
Liquidity AssetSize
Last NAVor Index
Date MTD YTD 2015 2014 2013 2012 2011 Ann.Return
Ann.Volatility
MaxDrawdown1
CreditYtd Avg. 2016 0.14%
Credit/Emerging Ytd Avg. 20161.67%
ABSOLUTE INSIGHT EMERGINGMARKET DEBT FUND CLASS B1PColm McDonagh
30 Apr 08 D €781MMar 16
1.44 25 May 16 (1.37%) 2.38% -4.31% 2.42% -0.65% 11.73% 0.08% 4.59% 6.85% (15.32%)May 08 - Oct 08
BAF LATAM TRADE FINANCE FUNDErnesto Lienhard & team.
29 Feb 08 M $820MMar 16
1,999.89 30 Apr 16 0.57% 2.27% 7.2% 7.76% 8.09% 8.71% 8.99% 8.85% 0.52% 0.00%Jan 00 - Jan 00
BLUEBAY EMERGING MARKETCORPORATE ALPHA FUNDPolina Kurdyavko and Anthony Kettle
31 Oct 11 M $36MApr 16
110.08 20 May 16 ( 1.47%) (1.67%) 2.44% 11.29% - 7.22% 12.29% 2.19% 3.96% 6.47% (12.26%)Feb 13 - Sep 13
BLUEBAY EMERGING MARKETOPPORTUNITY FUNDBlueBay Asset Management LLP - David Dowsett
31 May 07 M $34MMar 16
175.07 31 Mar 16 0.54% (1.46%) -4.87% -2.05% - 1.96% 11.33% 2.85% 6.54% 8.61% (19.88%)Feb 08 - Nov 08
CONTRARIAN EMERGINGMARKETS OFF FUND LTDXiao Song
31 Dec 05 Q $439MMar 16 340.60 30 Apr 16 0.31% (4.07%) 14.48% -1.98% 14.61% 23.2% -7.16% 12.59% 13.37% (28.43%)Feb 08 - Oct 08
FINISTERRE CREDIT FUNDRafaël Biosse Duplan
31 Jan 06 M $572MApr 16
204.37 30 Apr 16 0 .89% (0.62%) -2.41% 2.62% 4.78% 18% -4.14% 7.22% 11.05% (33.64%)Jun 08 - Dec 08
IP ALL SEASONS ASIAN CREDITFUNDJob Campbell
31 Jan 02 W $142MApr 16
24.71 18 May 16 1.12% 6.80% -0.39% 4.94% 2.2% 18.68% -1.37% 6.53% 9.08% (38.05%)Feb 08 - Mar 09
LTS GLOBAL EMERGING MARKETSFUND LTDLTS Capital LLP, Simon Dalah &Anthony Nahum
31 Dec 11 M $50MApr 16
111.60 30 Apr 16 1.57% 2.11% 3% 3.47% 2.55% 11.27% - 5.12% 3.44% (2.46%)Oct 14 - Jan 15
MONEDA LATIN AMERICANCORPORATE DEBT FUND -A-Fernando Tisné and Javier Montero
30 Sep 07 Q $203MApr 16
1,827.86 25 May 16 0.63% 3.78% -6.12% 3.36% 8.67% 11.48% 2.44% 7.21% 13.48% (32.05%)Aug 08 - Dec 08
SCHRODER ISF EMERGINGMARKET DEBT A/R -I ACC-Abdallah Guezour
31 Jan 02 D $3'374MMar 16
34.97 25 May 16 (2.90%) 7.22% -4.87% 0.62% 0.8% 5.36% 0.69% 7.05% 5.43% (9.31%)Mar 08 - Oct 08
Credit/EuropeYtd Avg. 2016
(0.87%)
ABSOLUTE INSIGHT CREDIT FUNDB1P2 EUROAlex Veroude
30 Sep 11 W €640MMar 16
1.20 25 May 16 0.55% (4.10%) -1.06% 2.21% 7.38% 12.65% 2.59% 4.06% 4.44% (8.44%)Jul 14 - Mar 16
1. Max Drawdown: Peak to trough.
Past performance is not a reliable indicator of future performance. HSBC Alternative Investment Group | 13
Source - HSBC
8/15/2019 HSBC Hedge Weekly N22
http://slidepdf.com/reader/full/hsbc-hedge-weekly-n22 14/61
InceptionDate
Liquidity AssetSize
Last NAVor Index
Date MTD YTD 2015 2014 2013 2012 2011 Ann.Return
Ann.Volatility
MaxDrawdown1
Credit/EuropeYtd Avg. 2016
(0.87%)
CAIRN SPECIAL OPPORTUNITIESCREDIT FUNDCairn Capital Limited
31 Dec 07 Q €122MApr 16
175.57 30 Apr 16 1 .67% (2.40%) -3.28% 2.3% 8.54% 19.95% -12.51% 6.98% 7.50% (13.94%)Jun 11 - Nov 11
CAIRN STRATA CREDIT FUND LTDCairn Capital Limited
31 Dec 14 M €59MApr 16
97.67 30 Apr 16 1.35% (3.03%) 0.72% - (1.76%) 4.62% (7.21%)May 15 - Feb 16
CAPEVIEW RECOVERY FUNDTheo Phanos
30 Jun 03 Q $355MFeb 16
347.14 20 May 16 1.09% (0.16%) 4.06% 3.14% 18.23% 8.41% 1.48% 10.13% 8.39% (30.45%)Oct 07 - Dec 08
CAPITAL FOUR CREDITOPPORTUNITIES FUNDCapital Four Management Team
31 Dec 09 M €114MMay 16
152.82 30 Apr 16 1 .87% 0.04% 3.84% 11.37% 16.31% 17.68% 10.64% 13.92% 7.04% (6.46%)May 11 - Nov 11
CHENAVARI REGULATORYCAPITAL STRATEGY - DR €Chenavari Investment Managers
31 Mar 11 Q $171MMar 16
190.29 31 Mar 16 2.48% 3.34% 10.44% 8.84% 15.19% 36.91% -2.87% 13.72% 4.70% (4.65%)Jul 11 - Sep 11
CHENAVARI TORO LIMITEDChenavari Investment Managers
31 May 09 M $396MMar 16
1 ,07 0. 58 3 0 A pr 1 6 0 .9 2% ( 1. 20 %) 1 5. 22% 2 4. 82 % 3 2. 93 % 32 .4 2% 2 4. 71 % 40 .8 6% 1 1. 47% ( 5. 11% )Jul 11 - Oct 11
EIFFEL CREDIT OPPORTUNITIESFUND CLASS AEmmanuel Weyd, Eiffel Investment Group
30 Nov 11 M €75MApr 16
1,285.09 20 May 16 0.00% (2.59%) -5.61% 4.53% 8.11% 20.07% 3.01% 5.76% 6.37% (12.78%)May 15 - Feb 16
GLG CROSS ASSET VALUEOFFSHORE FUND Class A USDUnresChris Huggins
30 Nov 12 M $245MMar 16
1,194.17 20 May 16 2.22% (3.12%) 4.87% 4.68% 11.5% 0.71% 5.24% 4.91% (7.87%)Dec 15 - Feb 16
LNG EUROPA CREDIT FUNDLNG Capital LLP
31 Mar 11 M $119MMar 16
1,223.78 31 Mar 16 3.49% 5.04% 2.22% -10.36% 16.1% 19.58% -7.79% 4.25% 8.40% (12.90%)Jun 14 - Dec 14
NAPIER PARK EUROPEAN CREDITOPPORTUNITIES FUND LTDNapier Park Global Capital (US) LP
31 Aug 10 Q €362MApr 16
260.74 30 Apr 16 1 .95% 1.33% 8.12% 8.89% 31.11% 55.73% -2.23% 18.42% 8.90% (14.95%)May 11 - Dec 11
NORTHLIGHT EUROPEANFUNDAMENTAL CREDIT FUNDNORTHLIGHT GROUP LLP
30 Nov 09 M $210MMar 16
1,523.79 20 May 16 0.89% 1.07% 5.12% 5.91% 12.51% 6.31% 3.68% 6.72% 2.50% (2.13%)Sep 15 - Feb 16
OBSERVATORY CREDIT MARKETSFUND (THE)Shazad Ghaffar
30 Jun 04 M $1'010MApr 16
327.81 30 Apr 16 1 .08% 1.37% 3.13% 3.31% 7.25% 13.46% -5.02% 10.55% 6.10% (12.74%)Jul 07 - Jul 08
PAMPLONA CREDITOPPORTUNITIES FUNDYves Leysen
31 Aug 08 M €374MApr 16
192.73 20 May 16 0.15% (4.46%) 0.22% 6.55% 12.68% 19.87% -9.26% 8.87% 7.58% (17.90%)Apr 11 - Dec 11
1. Max Drawdown: Peak to trough.
Past performance is not a reliable indicator of future performance. HSBC Alternative Investment Group | 14
Source - HSBC
8/15/2019 HSBC Hedge Weekly N22
http://slidepdf.com/reader/full/hsbc-hedge-weekly-n22 15/61
InceptionDate
Liquidity AssetSize
Last NAVor Index
Date MTD YTD 2015 2014 2013 2012 2011 Ann.Return
Ann.Volatility
MaxDrawdown1
Credit/EuropeYtd Avg. 2016
(0.87%)
SERONE KEY OPPORTUNITIESFUNDSerone Capital Management, Serj Walia
29 Feb 12 M $147MMar 16
252.05 30 Apr 16 2.52% 2.05% 11.05% 9.14% 25.94% 61.8% 24.82% 8.56% (4.47%)Nov 15 - Feb 16
WYETREE EUROPEAN RECOVERYFUND (WERF)WyeTree Asset Management
31 Aug 13 M €55MApr 16
105.92 30 Apr 16 0.50% (7.04%) -5.25% 16.86% 2.91% 2.18% 6.33% (14.52%)Mar 15 - Feb 16
Credit/GlobalYtd Avg. 2016
(0.15%)
AG MORTGAGE VALUE PARTNERSLTDJonathan Lieberman
30 Apr 09 Q $1'382MMar 16
257.54 30 Apr 16 1 .10% (1.33%) 4.43% 10.07% 12.91% 20.59% 7.47% 14.46% 4.26% (3.76%)Oct 15 - Feb 16
ARISTEIA INTERNATIONAL LTDAnthony M. Frascella, William R.Techar
01 Aug 97 Q $957MMay 16
829.49 30 Apr 16 1 .11% 0.14% -7.22% -3.13% 15.67% 11.2% 2.36% 11.94% 8.79% (30.20%)May 08 - Dec 08
ASGARD FIXED INCOME FUND LTD
Morten Mathiesen
30 Jun 03 M €268M
Feb 16
531.96 04 May 16 0.04% 5.25% 8.8% 10.6% 16.02% 34.12% 25.32% 13.89% 6.71% (10.40%)
Aug 08 - Oct 08
BLUEBAY CREDIT ALPHA LONGSHORT FUNDGeraud Charpin
31 Oct 11 M €191MApr 16
132.01 20 May 16 0.86% (1.13%) 1.57% 0.92% 12.13% 26.17% 0.3% 8.30% 4.92% (4.75%)Feb 15 - Apr 16
BLUEMOUNTAIN CREDITALTERNATIVES FUNDBlueMountain Capital Management
31 Oct 03 Q $6'570MMar 16
260.40 20 May 16 1.51% (0.55%) 0.07% 2.67% 7.87% 14.51% 3.56% 7.92% 5.86% (11.83%)Aug 08 - Dec 08
CANDLEWOOD STRUCTUREDCREDIT HARVEST FD LTDGreg Richter and Brian Herr
31 Jul 12 Q $394MApr 16
134.49 30 Apr 16 0.30% (5.31%) -1.04% 13.78% 14.05% 10.71% 8.22% 4.52% (9.96%)Jun 15 - Mar 16
CHENAVARI CORPORATE CREDITSTRATEGY M1Chenavari Investment Managers
30 Sep 08 M $237MMar 16
140.18 29 Apr 16 (0.18%) (8.09%) 1.4% 3.94% 13.84% 17.22% 1.29% 9.17% 5.69% (9.40%)Apr 15 - Apr 16
CLAREANT GLOBAL SPECIAL
SITUATIONS FUNDAlcentra Ltd / David Forbes-Nixon
31 Oct 07 Q €115M
Mar 16
170.82 31 Mar 16 2.02% 0.29% 23.71% -1.88% 12% 16.64% -8.59% 6.56% 14.84% (48.74%)
Oct 07 - Dec 08
CLAREANT STRUCTURED CREDITOPPORTUNITIES FUNDAlcentra Ltd / Hiram Hamilton
31 Aug 09 Q €142MApr 16
538.76 30 Apr 16 1 .02% (3.05%) 3.68% 7.28% 29.09% 44.15% 8.7% 28.73% 16.98% (15.92%)May 11 - Nov 11
CLAREANT STRUCTURED CREDITOPPORTUNITIES FUND IIAlcentra Ltd / Hiram Hamilton
31 Jan 11 Q €220MApr 16
312.24 30 Apr 16 2 .76% 1.41% 8.89% 5.51% 48.08% 50.97% 19.88% 24.22% 12.17% (8.17%)May 11 - Sep 11
1. Max Drawdown: Peak to trough.
Past performance is not a reliable indicator of future performance. HSBC Alternative Investment Group | 15
Source - HSBC
8/15/2019 HSBC Hedge Weekly N22
http://slidepdf.com/reader/full/hsbc-hedge-weekly-n22 16/61
InceptionDate
Liquidity AssetSize
Last NAVor Index
Date MTD YTD 2015 2014 2013 2012 2011 Ann.Return
Ann.Volatility
MaxDrawdown1
Credit/GlobalYtd Avg. 2016
(0.15%)
COHERENCE CAPITAL SPECTRUMFUND OFFSHORE FUNDCoherence Capital Partners LLC
31 Jul 12 Q $92MApr 16
15.02 20 May 16 0.50% 2.23% 5.2% 2.83% 18.98% 14.17% 11.29% 4.34% (2.98%)Jun 14 - Oct 14
CQS ABS FEEDER FUND - CLASS-B1- USDSimon Finch
30 Sep 06 Q $1'077MApr 16
5,082.87 30 Apr 16 1 .89% (4.52%) -2.36% 8.02% 9.7% 16.85% 0.67% 18.48% 10.87% (11.97%)May 15 - Feb 16
DW CATALYST OFFSHORE FUND-A - USD NIDW Partners, LP
31 Jul 09 Q $4'400MMar 16
165.36 30 Apr 16 1.91% (2.55%) -8.9% 5.8% 13.91% 15.34% 1.22% 7.73% 4.89% (14.77%)Apr 15 - Mar 16
DW VALUE OFFSHORE FUND LTDDW Partners, LP
29 Feb 12 HY $900MMar 16
156.68 30 Apr 16 1.57% (0.08%) -1.46% 8.1% 23.7% 19.01% 11.37% 5.59% (6.74%)Apr 15 - Feb 16
ELLINGTON CREDITOPPORTUNITIES FUND LTDEllington Management Group, LLC
30 Apr 08 Q $840MApr 16
269.01 30 Apr 16 0 .47% (4.09%) 3.22% 7.89% 15.28% 27.73% 1.86% 13.16% 5.70% (5.51%)Aug 15 - Mar 16
ELLINGTON MORTGAGEOPPORTUNITIES MASTER FUNDLTDEllington Management Group, LLC
31 Jan 09 Q $301MApr 16
267.55 30 Apr 16 0 .52% 0.97% 1.79% 7.25% 9.64% 13.29% 16.19% 14.54% 3.92% (0.85%)May 15 - Oct 15
III RELATIVE VALUE CREDITSTRATEGIES FUND LTDLester Coyle
31 Oct 05 M $126MMar 16
1,775.66 20 May 16 ( 0.40%) 2.19% -7.26% 5.23% 8.5% 10.22% 10.36% 5.59% 7.58% (31.27%)Nov 07 - Dec 08
III SELECT CREDIT FUND LTDCLASS -A-Lester Coyle
31 Dec 07 Q $142MMar 16
1,859.46 20 May 16 ( 0.37%) 2.27% -8.35% 6.02% 8.56% 11.95% 7.41% 7.79% 6.33% (10.51%)May 15 - Feb 16
KINGDON CREDIT LTD A1/1Michael Pohly
30 Sep 09 Q $335MApr 16
1,591.21 30 Apr 16 1 .89% (0.21%) -2.68% 3.42% 15.67% 8.3% 1.64% 7.42% 5.31% (10.60%)May 15 - Feb 16
LOOMIS SAYLES CREDIT LONGSHORT FUNDKevin Kearns and Tom Stolberg
31 Aug 07 Q $685MApr 16
170.03 20 May 16 0.14% 2.11% -2.52% -2.44% 4.35% 12.48% -0.76% 6.27% 6.30% (9.90%)Jun 08 - Sep 08
MKP CREDIT OFFSHORE FUNDMKP Capital Management, L.L.C.
28 Feb 99 Q $2'012MNov 15
474.17 30 Apr 16 0 .37% (7.37%) -6.74% 5.33% 11.18% 19.63% -5.12% 9.48% 5.64% (16.78%)May 15 - Mar 16
MLIS - BEACH POINT DIVERSIFIEDCREDIT UCITS FUND CLASS B USDCarl Goldsmith and Scott Klein
31 Mar 13 W $207MOct 15
107.70 24 May 16 0.10% 3.16% -1.98% -2.52% 9.26% 2.38% 5.26% (9.25%)Jun 14 - Feb 16
ONE WILLIAM STREET CAPITALFUNDOWS Capital Management
31 Mar 08 Q/Y $961MMay 16
1,987.57 30 Apr 16 2 .00% (0.21%) 2.33% 10.05% 5.75% 18.98% -4.19% 8.86% 5.51% (8.43%)Feb 11 - Nov 11
1. Max Drawdown: Peak to trough.
Past performance is not a reliable indicator of future performance. HSBC Alternative Investment Group | 16
Source - HSBC
8/15/2019 HSBC Hedge Weekly N22
http://slidepdf.com/reader/full/hsbc-hedge-weekly-n22 17/61
InceptionDate
Liquidity AssetSize
Last NAVor Index
Date MTD YTD 2015 2014 2013 2012 2011 Ann.Return
Ann.Volatility
MaxDrawdown1
Credit/GlobalYtd Avg. 2016
(0.15%)
PIMCO GLOBAL CREDITOPPORTUNITY FUND SERIES 1Dan Ivascyn / Jon Horne
30 Jun 06 Q $3'380MApr 16
192.13 30 Apr 16 0.81% 1.06% 6.89% 4.34% 7.45% 15.18% 6.24% 6.86% 4.81% (12.86%)Jun 07 - Nov 08
PIMCO TACTICAL OPPORTUNITIESFUNDPIMCO LLC - Dan Ivascyn / Josh Anderson / Alfred Murata
31 Jan 13 HY $972MApr 16
131.50 30 Apr 16 1.24% 0.80% 5.68% 7.56% 14.76% 8.80% 4.11% (1.88%)May 13 - Jun 13
PINE RIVER FIXED INCOME FUNDLTDSteve Kuhn, Colin Teichholtz,Brendan McAllister, Jiayi Chen
31 Aug 08 Q $1'623MMay 16
476.80 30 Apr 16 1 .50% (3.63%) -2.52% 6.13% 10.18% 34.85% 4.77% 22.59% 9.37% (8.99%)May 15 - Mar 16
RESIDENTIAL REAL ESTATETOTAL RETURN OPP. FUND(RRETRO FUND)WyeTree Asset Management
30 Nov 08 Q $96MMar 16
206.64 30 Apr 16 2.20% (3.66%) -0.42% 12.66% 17.56% 24.07% -10.5% 10.28% 6.42% (14.92%)Feb 11 - Dec 11
RP DEBT OPPORTUNITIES FUND
RP Investment Advisors
30 Sep 09 M $942M
Apr 16
190.73 30 Apr 16 1.53% 2.97% 5.13% 5.07% 10.35% 14.9% 2.78% 10.30% 3.51% (1.80%)
Jul 11 - Sep 11
RP SELECT OPPORTUNITIESFUNDRP Investment Advisors
31 Mar 14 M $236MApr 16
110.48 30 Apr 16 2.06% 1.08% 6.62% 2.52% 4.90% 4.25% (3.50%)Dec 15 - Feb 16
SABA CAPITAL OFFSHORE FUNDLTDBoaz Weinstein
31 Jul 09 Q $1'191MMay 16
123.31 20 May 16 1.35% 14.06% 3.36% -10.8% -6.76% -3.87% 9.33% 3.13% 8.62% (28.08%)Jun 12 - Mar 15
SEER CAPITAL PARTNERSOFFSHORE FUND LTDPhil Weingord, Richard d'Albert, Seer Capital
30 Apr 09 Q $1'450MMar 16
200.30 30 Apr 16 2 .10% (7.65%) -0.57% 5.41% 12.13% 25.85% 2.09% 10.42% 6.68% (17.05%)Jul 15 - Feb 16
SPF CREDIT SUISSE SECURITIZEDPRODUCTS MASTER FUND LTDAlbert Sohn
31 Dec 11 Q $1'888MApr 16
160.34 1 7 May 16 0.25% (0.38%) 6.14% 10.31% 18.04% 16.46% - 11.38% 3.09% (2.24%)Dec 15 - Feb 16
TIG SECURITIZED ASSET FUNDLTDStuart Lippman, David Liu
30 Sep 12 M $684MApr 16 148.53 30 Apr 16 0.57% (3.83%) 6.06% 15.17% 20.05% 5.33% 11.67% 3.75% (4.65%)Sep 15 - Mar 16
TRICADIA CREDIT STRATEGIES,LTDArif Inayatullah & Michael Barnes
31 Mar 05 Q $1'573MMar 16
341.88 13 May 16 0.18% (2.94%) -1.82% 3.94% 10.57% 12.73% -0.81% 11.68% 6.97% (10.77%)Jun 08 - Nov 08
VARDEN PACIFIC OPPORTUNITYOFFSHORE FUND I LTDVarden Pacific LLC
31 Mar 11 Q $427MApr 16
148.35 30 Apr 16 2.88% 15.21% -6.17% 9.15% 15.14% 28.54% -15.05% 8.06% 13.40% (18.02%)Mar 11 - Sep 11
1. Max Drawdown: Peak to trough.
Past performance is not a reliable indicator of future performance. HSBC Alternative Investment Group | 17
Source - HSBC
8/15/2019 HSBC Hedge Weekly N22
http://slidepdf.com/reader/full/hsbc-hedge-weekly-n22 18/61
InceptionDate
Liquidity AssetSize
Last NAVor Index
Date MTD YTD 2015 2014 2013 2012 2011 Ann.Return
Ann.Volatility
MaxDrawdown1
Credit/USAYtd Avg. 2016
1.23%
400 CAPITAL CREDITOPPORTUNITIESChris Hentemann
31 Jan 09 Q $1'073MApr 16
262.37 30 Apr 16 1.36% (7.23%) -0.42% 12.35% 15.24% 34.21% 3.07% 14.23% 6.32% (11.54%)Jun 15 - Mar 16
BEACH POINT TOTAL RETURNOFFSHORE FUND II, LTDCarl Goldsmith, Scott Klein,
30 Jun 96 Q $2'000MMar 16
633.80 30 Apr 16 2 .04% 3.62% -2.08% -0.67% 12.61% 13.86% -0.98% 9.75% 7.92% (24.04%)Oct 07 - Dec 08
BRIGADE LEVERAGED CAPITALSTRUCTURES FUND LTDDon Morgan
31 Dec 06 Q $2'300MApr 16
156.24 20 May 16 1.23% 10.52% -11.11% 0.22% 5.96% 6.7% 2.44% 4.87% 6.80% (19.42%)Jun 08 - Dec 08
COASTLAND DIRECT YIELD FUNDCoastland Capital, Peter Sterling
31 Aug 14 Q $80MApr 16
112.59 31 Mar 16 0.33% 0.82% 10.2% 1.34% 7.78% 1.17% (0.12%)Aug 14 - Sep 14
MARINUS OPPORTUNITIES FUNDNajib Canaan
31 Mar 12 Q $345MApr 16
124.63 30 Apr 16 1.12% 0.73% 1.37% 3.08% 6.11% 11.59% 5.54% 2.52% (2.27%)May 15 - Feb 16
MIDOCEAN ABSOLUTE RETURNCREDIT FUNDMidOcean Credit Fund Management LP
31 Jan 10 M $318MJan 16
149.47 30 Apr 16 0.41% 0.97% 4.34% 0.33% 7.66% 10.87% 9.99% 6.64% 3.78% (5.37%)Jun 14 - Jan 15
MIDOCEAN CREDIT OPPORTUNITYFUND CLASS BMidOcean Credit Fund Management LP
31 Mar 09 Q $742MJan 16
224.49 30 Apr 16 1 .67% 0.41% 2.26% 0.98% 10.07% 10.78% 7.46% 12.09% 6.17% (4.96%)Aug 14 - Feb 16
OCTAGON HIGH INCOME FUNDAndrew D. Gordon
31 Jan 11 M $114MMar 16
135.33 30 Apr 16 2.87% 4.80% -0.92% 0.94% 9.04% 19.9% -1.24% 5.93% 6.98% (10.79%)Jul 11 - Aug 11
TILDEN PARK OFFSHOREINVESTMENT FUND LTDJosh Birnbaum
31 Dec 10 Q $3'482MMay 16
209.94 30 Apr 16 1.11% (3.10%) 1.31% 14.06% 20.51% 41.34% 10.07% 14.92% 5.62% (5.77%)May 15 - Mar 16
WYETREE YIELD DISTRIBUTIONFUND (WYDF)WyeTree Asset Management
30 Nov 12 M $69MApr 16
113.79 30 Apr 16 1.90% 0.73% -0.42% 7.78% 5.46% -0.2% 3.85% 3.72% (6.24%)May 15 - Feb 16
Fixed IncomeYtd Avg. 2016 (0.89%)
Fixed Income/GlobalYtd Avg. 2016
(0.89%)
KLS DIVERSIFIED FUND LTDJeff Kronthal ; Harry Lengsfield ; John Steinhardt
31 Jul 08 Q $830MApr 16
159.02 30 Apr 16 2.41% (0.89%) -2.4% 6.76% 1.58% 7.35% 4.85% 6.17% 3.89% (10.06%)May 15 - Feb 16
1. Max Drawdown: Peak to trough.
Past performance is not a reliable indicator of future performance. HSBC Alternative Investment Group | 18
Source - HSBC
8/15/2019 HSBC Hedge Weekly N22
http://slidepdf.com/reader/full/hsbc-hedge-weekly-n22 19/61
InceptionDate
Liquidity AssetSize
Last NAVor Index
Date MTD YTD 2015 2014 2013 2012 2011 Ann.Return
Ann.Volatility
MaxDrawdown1
Distressed SecurityYtd Avg. 2016 1.80%
Distressed Security/Global Ytd Avg. 20161.70%
BLUEBAY EVENT DRIVEN CREDITFUNDBlueBay Asset Management LLP - Anthony Robertson
30 Nov 09 Q €138MJan 16
151.77 20 May 16 0.28% (0.38%) -0.66% 14.22% 9.75% 13.06% -0.49% 6.66% 4.84% (7.96%)Jul 15 - Feb 16
CANDLEWOOD SPECIALSITUATIONS FUND LTDMichael Lau and David Koenig
30 Apr 03 Q $840MJan 16
6 70 .3 3 2 9 Fe b 1 6 ( 3.6 0%) ( 5. 91 %) - 14 .2 5% 5 .6 8% 1 2. 53 % 14 .7 8% 3 .8 8% 15 .9 7% 1 1. 02% ( 28 .1 1%)May 08 - Nov 08
CANYON VALUE REALIZATION FD,LTD - CLASS AM.R. Julis & J.S. Friedman
31 Dec 94 Q $5'874MMar 16
7,731.10 30 Apr 16 1 .89% 1.58% -2.72% 4.32% 15.65% 18.05% -4.66% 10.06% 8.15% (28.82%)Oct 07 - Nov 08
CERBERUS INTL. LTD CLASS A A/C191Steve Feinberg
31 May 93 Q $507MApr 16
1 ,0 18, 81 7. 43 3 0 A pr 1 6 ( 0.6 0%) ( 0. 95 %) - 4. 96 % 2 3. 09 % 14 .1 % 12 .0 5% 9. 6% 10 .6 5% 6 .3 9% ( 22 .2 6%)May 08 - Feb 09
CONTRARIAN CAPITAL FUND IOFFSHORE LTDJon Bauer
30 Sep 86 Y $1'918MApr 16
2,438.53 30 Apr 16 4 .07% 1.68% -7.89% 0.46% 17.01% 24.31% -1.32% 11.39% 9.46% (33.22%)Jun 07 - Feb 09
DAVIDSON KEMPNER DIST. OPP.INT. LTD - CLASS A TRN 1Anthony A. Yoseloff, Avi Z. Friedman and Conor Bastable
31 Mar 05 Y $1'085MApr 16
262.31 30 Apr 16 3 .72% 4.69% -6.17% 3.5% 21.95% 13.51% -2.45% 9.08% 9.46% (26.27%)Oct 07 - Nov 08
MONARCH DEBT RECOVERYFUND LTDMichael Weinstock, Andrew Herenstein
31 Mar 02 Y $1'575MMar 16
3,710.23 30 Apr 16 0.51% (2.31%) -2.73% 1.37% 18.36% 11.57% -0.46% 9.75% 7.52% (32.31%)Oct 07 - Dec 08
MUDRICK DISTRESSEDOPPORTUNITY FUND LTDJason Mudrick
30 Jun 09 Q $1'200MMay 16
160.25 20 May 16 4.70% 15.10% -25.71% 15.7% 7.73% 21.85% -3.72% 7.08% 9.43% (31.42%)Aug 14 - Jan 16
OCP DEBT OPPORTUNITYINTERNATIONAL LTDOnex Credit Partners
30 Jun 01 Q $250MMar 16
250.92 31 Mar 16 3.51% 0.79% -10.48% 0.47% 9.93% 9.21% -1.39% 6.43% 6.40% (24.14%)Jun 07 - Dec 08
OWS CREDIT OPPORTUNITY FUNDOWS Capital Management
31 Dec 10 Q/Y $611MMay 16
1,544.56 30 Apr 16 1 .10% (0.21%) 1.8% 12.3% 12.47% 23.41% -2.46% 8.49% 4.73% (7.86%)Apr 11 - Oct 11
PSAM REBOUND PORTFOLIOFUND LTDP.Schoenfeld Asset Management LLC
28 Feb 03 Q $2'000MApr 16
231.29 30 Apr 16 1 .05% (2.19%) -9.49% -1.16% 12.61% 14.01% 1.55% 6.57% 8.13% (32.91%)Jul 07 - Mar 09
1. Max Drawdown: Peak to trough.
Past performance is not a reliable indicator of future performance. HSBC Alternative Investment Group | 19
Source - HSBC
8/15/2019 HSBC Hedge Weekly N22
http://slidepdf.com/reader/full/hsbc-hedge-weekly-n22 20/61
InceptionDate
Liquidity AssetSize
Last NAVor Index
Date MTD YTD 2015 2014 2013 2012 2011 Ann.Return
Ann.Volatility
MaxDrawdown1
Distressed Security/GlobalYtd Avg. 2016
1.70%
SOUND POINT BEACONOFFSHORE FUND, LTDStephen Ketchum
30 Nov 13 HY $353MApr 16
126.63 30 Apr 16 2.40% (0.15%) 0.57% 18.36% 6.54% 10.26% 7.51% (8.26%)May 15 - Jan 16
STRATEGIC VALUERESTRUCTURING FUNDVictor Khosla
3 1 A ug 02 Q /Y $1 '1 00 MMar 16
343.95 20 May 16 0.15% 6.14% -5.2% 1.7% 16.17% 13.18% -11.03% 9.42% 7.52% (24.47%)May 07 - Jan 09
VR GLOBAL OFFSHORE FUND LTDRichard Deitz
30 Apr 99 Q $2'118MApr 16
43,445.85 30 Apr 16 5.02% 5.89% 14.49% - 0.4% 32.33% 20.69% 3.58% 24.82% 14.59% (48.38%)May 08 - Mar 09
Distressed Security/USAYtd Avg. 2016
2.53%
HALCYON OFF. ASSET-BACKEDVALUE FUND LTDJoseph Wolnick ,Joseph Godley and Jim Coppola
30 Nov 05 Q $892MMar 16
3,049.05 13 May 16 0.41% 2.40% 2.14% 6.74% 6.66% 16.14% 4.12% 11.25% 5.04% (13.32%)Aug 08 - Mar 09
REDWOOD OFFSHORE FUNDJonathan Kolatch
31 Jul 00 Y $2'332MMar 16
718.56 30 Apr 16 3 .20% 2.66% -2.95% 1.59% 17.62% 21.94% -1.98% 13.33% 10.41% (36.28%)May 07 - Dec 08
1. Max Drawdown: Peak to trough.
Past performance is not a reliable indicator of future performance. HSBC Alternative Investment Group | 20
Source - HSBC
8/15/2019 HSBC Hedge Weekly N22
http://slidepdf.com/reader/full/hsbc-hedge-weekly-n22 21/61
InceptionDate
Liquidity AssetSize
Last NAVor Index
Date MTD YTD 2015 2014 2013 2012 2011 Ann.Return
Ann.Volatility
MaxDrawdown1
Equity-CommodityYtd Avg. 2016 (8.03%)
Equity-Commodity/Global Ytd Avg. 2016(8.03%)
OCEANIC HEDGE FUND - CLASS ACato Brahde, Andreas Vergottis,Bjorn Rise
31 Jul 02 M $335MFeb 16
3,448.56 20 May 16 3.10% (8.03%) 0.97% 3.87% 23.3% -7.73% 5.24% 9.38% 8.32% (13.37%)Jul 15 - Mar 16
Equity-DiversifiedYtd Avg. 2016 (3.89%)
Equity-Diversified/AsiaYtd Avg. 2016
(5.40%)
GOLDEN CHINA FUND NR CLASSGeorge Jiang,
30 Jun 04 M $1'731MFeb 16
1 79 .7 0 2 0 M ay 1 6 ( 7.3 7%) ( 16 .25 %) 2 1. 94% 3 0. 02 % 1 7. 48 % 26 .9 1% - 3.9 % 24 .7 9% 2 4. 43% ( 64 .6 4%)Oct 07 - Nov 08
LIGHTHORSE CHINA GROWTHFUND LTDShawn Kang
31 Dec 05 M $110MAug 15
3 83 .5 6 29 A pr 1 6 0 .0 1% ( 4. 16 %) 8 .6 6% - 0. 51 % 1 5. 85 % - 14. 51 % - 12 .6 4% 13 .8 9% 1 9. 42% ( 41 .0 6%)Feb 08 - Dec 08
NEZU CYCLICALS FUND LTDFuyuki Fujiwara
31 Jul 05 Q $196MFeb 16
239.11 20 May 16 ( 2.93%) (14.62%) 3.83% 16% 27.39% - 6.58% -5.09% 8.40% 12.16% (25.06%)Oct 07 - Feb 09
OCTAGON PAN ASIA FUNDPoh Min Lam & Nelson Chia
30 Sep 04 M $21MFeb 16
211.63 30 Apr 16 1.20% 0.12% 1.33% -4.44% 4.6% 11.8% -6.07% 6.68% 8.25% (10.69%)Oct 07 - Jan 09
PINPOINT CHINA FUND CLASS AUSDQiang Wang
31 May 05 M $618MApr 16
938.20 13 May 16 ( 0.80%) (3.66%) 11.75% 17.46% 9.26% 8.06% 0.6% 22.66% 19.13% (42.16%)Oct 07 - Nov 08
QUAM CHINA FOCUSSEGREGATED PORTFOLIOChris Choy
30 Jun 05 Q $127MApr 16
3 85 .0 1 2 0 M ay 1 6 ( 7.0 1%) ( 13 .55 %) 4 .4 5% - 8.2 % 61 .8 % 16 .9 9% - 22 .1 7% 13 .3 1% 2 5. 21% ( 45 .6 7%)May 15 - Jan 16
REAL RETURN ASIAN FUND LTD(THE)Ezra Sun
30 Sep 04 M $234MMar 16
275.67 20 May 16 5.94% (7.85%) 1.25% 4.33% 13.35% 9.02% -9.19% 9.10% 10.17% (23.36%)May 15 - Apr 16
RWC ASIA OPPORTUNITY FUNDGarret Mallal 30 Apr 15 M $81MApr 16 116.19 20 May 16 4.85% 10.67% 5% 15.25% 13.35% (5.73%)Aug 15 - Jan 16
TELLIGENT GREATER CHINAFUNDChing-Shan Lin
31 Jul 04 M $256MApr 16
3 29 .2 3 30 A pr 1 6 ( 0.8 6%) ( 8. 86 %) 0 .6 3% - 6. 27 % 2 8. 57 % 10 .7 6% - 17 .3 5% 10 .6 7% 1 8. 32% ( 46 .9 0%)Oct 07 - Oct 08
WF ASIA FUND LTD S/1Scobie Ward
31 Jan 01 M $546MApr 16
475.82 20 May 16 2 .46% (2.73%) 15.28% 5.71% 11.72% 27.68% -7.21% 10.73% 12.54% (37.65%)Oct 07 - Nov 08
ZEAL CHINA FUND LTD - USD -NIDaniel POON Chun Pong
31 Dec 09 M $217MApr 16
162.97 20 May 16 (1.36%) 1.52% 7.28% 0.92% 5.55% 12.89% 6.19% 7.94% 14.82% (20.74%)May 15 - Aug 15
1. Max Drawdown: Peak to trough.
Past performance is not a reliable indicator of future performance. HSBC Alternative Investment Group | 21
Source - HSBC
8/15/2019 HSBC Hedge Weekly N22
http://slidepdf.com/reader/full/hsbc-hedge-weekly-n22 22/61
InceptionDate
Liquidity AssetSize
Last NAVor Index
Date MTD YTD 2015 2014 2013 2012 2011 Ann.Return
Ann.Volatility
MaxDrawdown1
Equity-Diversified/AustralianYtd Avg. 2016
15.03%
L1 CAPITAL LONG SHORT FUNDL1 Capital PTY Ltd
31 Aug 14 M $108MMar 16
193.99 30 Apr 16 2.46% 15.03% 60.52% 5.07% 48.85% 10.52% (2.42%)Aug 14 - Sep 14
Equity-Diversified/BrazilYtd Avg. 2016
6.61%
BNY MELLON ARX BRAZIL FUNDSPC LONG SHORTBruno Garcia, Frederico Saraiva &Rogerio Poppe
31 Jan 07 M $23MMar 16
1,733.46 23 May 16 ( 1.62%) 6.61% -11.34% 5.1% 5.22% 11.04% 3.56% 6.08% 8.64% (23.95%)Jun 08 - Oct 08
Equity-Diversified/EmergingYtd Avg. 2016
0.95%
APERIOS EMERGINGCONNECTIVITY MASTER FUNDLTDAperios Partners Investment Management LLP
31 Dec 11 Q $80MApr 16
95.82 30 Apr 16 (1.04%) (10.35%) -3.37% 12.24% 11.49% 9.92% - 4.13% 10.07% (19.58%)May 15 - Feb 16
DUET EM FRONTIER FUNDHedi Ben Mlouka
31 Dec 12 M $200MFeb 16
131.79 19 May 16 (0.56%) (0.38%) 2.15% 12.92% 14.7% - 8.50% 12.73% (14.92%)Jul 15 - Feb 16
FIREBIRD REPUBLICS FUND, LTDHarvey Sawikin & Ian Hague
30 Apr 97 Q $136MApr 16
8 48 .8 1 2 0 M ay 1 6 ( 0.5 8%) 7 .73 % - 11 .6 5% - 22 .6 4% 24 .2 % 13 .2 6% - 19 .4 2% 11 .8 7% 2 9. 03% ( 73 .2 0%)Sep 97 - Jan 99
JABCAP EMEA FUND CLASS X1Carl Tohme
30 Sep 08 M $211MApr 16
239.47 13 May 16 ( 1.20%) (0.40%) -0.08% 7.15% 9.23% 6.94% - 3.2% 12.13% 9.42% (10.02%)Apr 11 - May 12
OCCO EASTERN EUROPEAN FUNDA SHARESAndrew Wiles
31 Dec 01 Q/Y $442MApr 16
422.06 20 May 16 1.87% 4.16% 5.04% -2.56% 11.63% 7.73% 5.42% 11.42% 7.32% (20.86%)Jun 08 - Oct 08
SAGIL LATIN AMERICANOPPORTUNITIES FUND CLASS AAdrian Landgrebe and Brad Jones
30 Jun 09 M $90MApr 16
153.90 30 Apr 16 6 .40% 8.81% -2.37% 6.71% 7.91% 14.48% -9.05% 6.51% 8.97% (15.40%)Jun 14 - Aug 15
SR GLOBAL FUND (Class N)Emerging Market EquityEd Butchart and CJ Morrell
31 Dec 12 M $70MFeb 16
115.20 20 May 16 (1.91%) (2.91%) 3.32% 3.68% 10.76% - 4.27% 10.49% (14.61%)May 15 - Feb 16
Equity-Diversified/Europe Ytd Avg. 2016(5.09%)
ADELPHI EUR. FUND $ (A)Roderick Jack, Marcel Jongen
30 Sep 97 Q $1'940MAug 15
493.50 20 May 16 4.12% (7.20%) 2.84% 9.35% 17.28% 14.08% -4.91% 8.94% 11.52% (26.28%)May 07 - Feb 09
ADRIGO HEDGEGöran Tornée
30 Nov 06 M $245MFeb 16
174.08 30 Apr 16 ( 0.15%) (0.19%) 4.58% 4.32% 12.83% 5.91% -0.17% 6.06% 4.90% (9.13%)May 07 - Oct 08
ANTARES EUROPEAN FUND, LTD -USDPeter Miles Testa, Luca Orsini Baroni
08 Dec 98 M $252MApr 16
621.84 20 May 16 3.52% (8.77%) 17.71% 5.5% 28.79% 1.7% -10.75% 11.03% 14.60% (32.68%)Jun 07 - Dec 08
1. Max Drawdown: Peak to trough.
Past performance is not a reliable indicator of future performance. HSBC Alternative Investment Group | 22
Source - HSBC
8/15/2019 HSBC Hedge Weekly N22
http://slidepdf.com/reader/full/hsbc-hedge-weekly-n22 23/61
InceptionDate
Liquidity AssetSize
Last NAVor Index
Date MTD YTD 2015 2014 2013 2012 2011 Ann.Return
Ann.Volatility
MaxDrawdown1
Equity-Diversified/EuropeYtd Avg. 2016
(5.09%)
AQUILUS INFLECTION FUND LTDEUR SHSRichard Vogel
31 Jul 07 M €481MMay 16
135.44 20 May 16 ( 0.90%) (3.74%) 3.12% 7.37% 14.59% 18.73% -14.14% 3.50% 8.74% (22.46%)Oct 07 - Oct 08
CAPEVIEW AZRI 2X FUNDMichael Sakkas and Sushil Shah
30 Sep 10 M $320MFeb 16
173.74 20 May 16 ( 0.14%) (16.73%) 21.64% 9.86% 24.8% 12.65% 4.31% 10.29% 8.06% (16.97%)Nov 15 - May 16
CAPEVIEW AZRI FUNDMichael Sakkas and Sushil Shah
31 Oct 07 M $1'440MApr 16
179.36 20 May 16 (0.10%) (8.51%) 9.84% 4.6% 11.51% 5.82% 1.29% 7.06% 4.09% (8.67%)Nov 15 - May 16
COVALIS CAPITAL CLASS BZach Mecelis
31 Dec 12 M $291MMar 16
136.60 30 Apr 16 1.25% 6.78% 8.67% 3.69% 14.99% -1.27% 10.23% 4.29% (2.45%)Feb 14 - Jun 14
GIM PORTFOLIO STRATEGIES – Europe Dynamic L/S Fund A10-03Jonathan Ingram, John Baker, Anis Lahlou-Abid
30 Sep 03 M €341MApr 16
426.24 20 May 16 0.94% (7.65%) 7.63% 1.1% 15.93% -4.72% 10.2% 12.15% 8.48% (16.39%)Jun 08 - Nov 09
GLG EUROPEAN LONG SHORTFUND Class D EUR UnresPierre Lagrange, Simon Savage, Neil
Mason
30 Sep 00 M $354MMar 16
331.23 2 0 May 16 0.27% (2.45%) 7.62% -5.24% 7.09% 5.75% 7% 7.95% 7.76% (17.94%)Oct 07 - Oct 08
GRANADA EUROPE FUND LTDSwiss Hedge Capital AG, Andreas Zehnder
31 Aug 04 M CHF61MApr 16
1,576.58 30 Apr 16 0.27% 1.46% 0.61% 2.12% -3.57% -8.93% 4.9% 3.98% 4.68% (13.54%)Sep 11 - Dec 13
LANSDOWNE EUROPEAN EQUITYFD, LTD - A (EUR)David Craigen
31 Aug 98 M $486MApr 16
2 25 .0 9 29 A pr 1 6 ( 0.0 1%) ( 14 .62 %) 2 8. 24% - 4. 32 % 2 1. 51 % 4 .5 6% - 12 .6 8% 8 .7 5% 1 1. 80% ( 21 .6 0%)May 08 - Feb 09
LC EQUITY FUND LTDLimmat Capital Alternative Investments AG
30 Sep 05 M CHF73MApr 16
289.73 30 Apr 16 0.49% 1.11% 2.09% 2.7% 5.27% 2.04% 0.83% 10.57% 5.75% (5.29%)Jun 11 - Aug 11
LEGG MASON MARTIN CURRIEEUROP ABS ALPHA FUND Class M(PF) Distr. (A) EURMichael Browne and Steve Frost
31 Aug 10 D €257MMar 16
13.36 25 May 16 2.22% (4.43%) 6.31% 1.54% 20.02% 14.91% -8.75% 5.18% 6.58% (9.23%)Dec 10 - Sep 11
LUCERNE CAPITAL FUND L.P.Pieter Taselaar, Thijs Hovers
31 Dec 01 M $300MApr 16
4 40 .9 2 30 A pr 1 6 ( 3.8 9%) ( 16 .05 %) 1 7. 14% 1 0. 8% 2 9. 19 % 2 6. 9% - 19 .8 5% 12 .2 6% 2 0. 15% ( 60 .0 3%)May 07 - Feb 09
MADRAGUE EQUITY LONG SHORTMadrague Capital Partners
31 Jan 12 M €106MApr 16
136.84 30 Apr 16 2.22% 1.51% 6.52% -5.68% 30.08% 3.16% 7.66% 8.93% (9.12%)Jan 12 - Jun 12
MARSHALL WACE - EUROPA FUNDA USDErnesto Fragomeni
31 Oct 06 M $122MMay 16
152.86 24 May 16 1.13% (5.46%) 9.61% 3.96% 7.44% 8.72% 5.65% 4.53% 8.16% (26.47%)Jun 07 - Sep 08
1. Max Drawdown: Peak to trough.
Past performance is not a reliable indicator of future performance. HSBC Alternative Investment Group | 23
Source - HSBC
8/15/2019 HSBC Hedge Weekly N22
http://slidepdf.com/reader/full/hsbc-hedge-weekly-n22 24/61
InceptionDate
Liquidity AssetSize
Last NAVor Index
Date MTD YTD 2015 2014 2013 2012 2011 Ann.Return
Ann.Volatility
MaxDrawdown1
Equity-Diversified/EuropeYtd Avg. 2016
(5.09%)
MARSHALL WACE - MW TOPSFUNDAnthony Clake
31 Dec 04 M $531MMay 16
241.33 24 May 16 0.84% 0.94% 9.98% 6.72% 16.17% 11.31% 4.29% 8.03% 7.19% (21.75%)Oct 07 - Feb 09
MLIS - THEOREMA EUROPEANEQUITY LONG SHORT UCITS FUND- EUR B (acc)Theorema Asset Management Limited
31 May 10 D €66MOct 15
110.90 24 May 16 1.25% (4.86%) 6.21% -5.61% 7.94% 4.37% -0.27% 1.74% 7.12% (12.02%)Sep 11 - Jul 12
MOJNA ALPHA LEVERAGEDMASTER FUND - EUR NNIJakob Nordestedt, Michael O’Mara
30 Nov 07 M $90MApr 16
167.79 20 May 16 ( 2.10%) (2.61%) 7.31% -5.72% 14.82% - 4.33% 5.58% 6.30% 6.33% (11.33%)Dec 13 - Aug 14
NORDIC ALPHA CLASS B - NOKThomas Raaschou, Christian T.Nygaard
31 Dec 12 M NOK479MApr 16
155.17 24 May 16 1.35% (1.99%) 8.84% 15.85% 24.67% - 13.57% 6.64% (5.18%)Dec 15 - Jan 16
ODEY EUROPEAN, INC (EUR)Crispin Odey
31 May 92 W €730MMar 16
6 03 .1 5 2 0 M ay 1 6 6.0 2% ( 27 .95 %) - 12 .8 2% 5 .4 8% 2 5. 76 % 30 .6 9% - 20 .5 6% 10 .8 4% 1 7. 88% ( 50 .6 4%)Jan 94 - Jul 95
PELHAM LONG/SHORT FUND LTD
CLASS A EURRoss Turner
31 Oct 07 M €3'613M
Apr 16
2 14 .4 3 30 A pr 1 6 ( 0.8 7%) ( 2. 48 %) 1 4. 57% 2 .5 8% 3 2. 52 % 16 .8 9% - 10 .6 8% 9 .3 8% 1 1. 11% ( 12 .2 5%)
May 08 - Dec 08
PENSATO EUROPA FUND LTDEURO CLASSGraham Clapp & Edward Rumble
31 May 08 M €99MApr 16
147.91 30 Apr 16 ( 0.34%) (5.24%) 23.68% -4.99% 1.99% 11.22% -0.28% 5.06% 6.31% (8.88%)May 13 - Apr 14
POLAR CAPITAL EUROPEANCONVICTION FUND LIMITEDRobert Gurner & Andrew Marsh
31 Mar 06 M €18MDec 15
144.54 2 0 May 16 0.76% (0.08%) -12.2% 2.97% 1.9% 8.07% 6.45% 3.70% 8.26% (15.17%)Dec 14 - Oct 15
RBR EUROPEAN LONG SHORTLTD (Ex Rhine Alpha Stars)Rudolf Bohli
30 Apr 05 M CHF105MMar 16
2 ,93 7. 80 13 M ay 1 6 2.6 0% ( 8. 21 %) 4 .2 5% 1 3. 94 % 2 0. 33 % 29 .4 5% - 11 .7 1% 10 .2 5% 1 8. 40% ( 55 .0 1%)Jun 07 - Nov 08
RWC SAMSARA FUND CLASS AEUROAjay Gambhir
17 Sep 07 M €53MApr 16
135.16 20 May 16 ( 0.55%) (6.13%) -1.22% 3.63% 17.47% 2.95% -0.84% 3.53% 7.33% (11.67%)Apr 15 - May 16
SIERRA EUROPE OFFSHORE, LTD- CLASS C USDCharles Michaels
28 Feb 97 M $42MApr 16
530.45 20 May 16 1.61% (3.52%) 7.61% -1.76% 4.48% 11.82% 4.88% 9.06% 8.67% (16.98%)Mar 00 - Jan 03
SUSA EUROPEAN EQUITIES FUNDCLASS A NIE EURReza Amiri
28 Feb 09 M $432MApr 16
182.32 20 May 16 3 .80% (1.34%) 10.67% - 4.8% 17.78% 15.22% -10.33% 8.66% 11.05% (16.04%)May 11 - Sep 11
TRIAS L/S FUNDEntrepreneur Partners AG / Kilian Kentrup
30 Apr 12 D €97MApr 16
189.27 24 May 16 3.06% (3.30%) 22.56% 11.08% 33.7% 7.53% 16.98% 12.53% (10.72%)May 14 - Oct 14
1. Max Drawdown: Peak to trough.
Past performance is not a reliable indicator of future performance. HSBC Alternative Investment Group | 24
Source - HSBC
8/15/2019 HSBC Hedge Weekly N22
http://slidepdf.com/reader/full/hsbc-hedge-weekly-n22 25/61
InceptionDate
Liquidity AssetSize
Last NAVor Index
Date MTD YTD 2015 2014 2013 2012 2011 Ann.Return
Ann.Volatility
MaxDrawdown1
Equity-Diversified/EuropeYtd Avg. 2016
(5.09%)
TT LONG/SHORT FOCUS FUNDVikram Kumar
30 Jun 13 M $483MMay 16
131.22 30 Apr 16 (2.15%) (4.98%) 26.81% -2.65% 11.87% 10.05% 9.81% (5.74%)Feb 14 - Jul 14
TT MID-CAP EUROPELONG/SHORT FUND LTD - CL BDavid Grimbley
30 Apr 05 M $548MApr 16
324.09 30 Apr 16 1 .14% (0.57%) 14.66% 2.64% 14.43% 6.9% -1.72% 11.27% 8.31% (7.41%)Apr 06 - Sep 06
ZADIG FUND CLASS A1Laurent Saglio
30 Nov 05 M €163MSep 15
240.75 20 May 16 0.36% (5.53%) 19.06% -6.33% 8.9% 11.02% 3.56% 8.75% 10.77% (19.14%)Aug 08 - Oct 08
Equity-Diversified/GlobalYtd Avg. 2016
(5.05%)
AAM ABSOLUTE RETURN FUNDHarald James Otterhaug
30 Nov 05 M $207MFeb 16
2 98 .1 7 2 0 M ay 1 6 ( 6.0 0%) ( 1. 50 %) 5 8. 52% - 9. 85 % 4. 75 % 0 .9 5% 1 6. 27 % 10 .9 9% 1 1. 03% ( 16 .8 4%)Oct 13 - Oct 14
ANAVON MASTER FUND LTDCLASS -B-Avi Fruchter and Avraham Mevorah
31 Dec 10 M $66MApr 16
131.07 30 Apr 16 ( 1.50%) (4.96%) -2.07% 6.66% 11.45% 12.62% 5.19% 5.20% 8.15% (11.31%)May 15 - Jan 16
ATLAS FUNDAMENTAL TRADINGFUND LTDDmitry Balyasny, Managing Partner &CIO
30 Jun 08 M $239MMar 16
1,488.88 20 May 16 ( 0.93%) 1.58% 4.86% 12.64% 8.54% - 3.47% 7.52% 5.17% 8.23% (13.57%)Sep 11 - Jun 13
BLUEMOUNTAIN LONG SHORTEQUITY FUND L.P.BlueMountain Capital Management LLC
30 Jun 11 Q $882MMar 16
147.66 20 May 16 2.51% (3.31%) 2.83% 19.48% 19.48% 3.66% 0.34% 8.29% 6.79% (12.86%)Jul 15 - Apr 16
DUET GLOBAL PLUS FUNDJason McNab
31 Jul 10 M $1'500MMar 16
125.46 30 Apr 16 0 .05% (0.19%) 0.84% -0.38% 3.95% 11.05% 8.05% 5.05% 2.97% (2.56%)Feb 14 - May 14
ECOFIN VISTA LONG SHORT FUNDMatthew Breidert
30 Nov 12 M $92MApr 16
106.77 30 Apr 16 0.85% (6.97%) 7.61% -0.21% 7.14% -0.24% 1.94% 8.35% (14.23%)May 15 - Mar 16
EXANE TEMPLIERS FUNDJean-Francois Roussel, Stéphane Arrouays, Henri-Daniel Samama,Exane Asset Management
28 Feb 06 W €144MApr 15
17,286.49 24 May 16 0.20% (0.61%) 0.23% -1.64% 1.85% 0.77% 0.49% 3.97% 3.03% (3.81%)Dec 13 - Jan 16
FARRINGDON ALPHA ONEBram Cornelisse, Andreas Tholstrup,Dennis van Wees
31 Dec 06 M $480MApr 16
1 97 .3 6 2 4 M ay 1 6 ( 5.0 3%) ( 7. 06 %) 1 1. 35% 6 .7 8% 1 0. 56 % 19 .4 4% - 12 .6 3% 7 .5 0% 1 1. 03% ( 16 .5 0%)May 08 - Oct 08
GLADE BROOK GLOBALOFFSHORE FUND LTD CLASS-A-NR-Paul Hudson
30 Sep 11 Q $284MMay 16
1 ,26 1. 44 3 0 A pr 1 6 ( 0.3 0%) ( 10 .48 %) 1 3. 12% - 1. 36 % 1 9. 76 % 1 3. 1% - 6. 77 % 5 .1 9% 9 .5 3% ( 10 .7 5%)Dec 15 - Feb 16
HABROK LTDRahul Khanna
31 Mar 04 Q $73MApr 16
283.17 30 Apr 16 0 .03% (7.80%) 0.84% 7% 13.13% 6.27% -14.36% 8.99% 14.71% (37.31%)May 08 - Jan 09
1. Max Drawdown: Peak to trough.
Past performance is not a reliable indicator of future performance. HSBC Alternative Investment Group | 25
Source - HSBC
8/15/2019 HSBC Hedge Weekly N22
http://slidepdf.com/reader/full/hsbc-hedge-weekly-n22 26/61
InceptionDate
Liquidity AssetSize
Last NAVor Index
Date MTD YTD 2015 2014 2013 2012 2011 Ann.Return
Ann.Volatility
MaxDrawdown1
Equity-Diversified/GlobalYtd Avg. 2016
(5.05%)
HORSEMAN GLOBAL FUND USDRussell Clark & Bobby Turnbull
31 Jan 01 M $1'016MApr 16
6 90 .4 0 2 5 M ay 1 6 2.1 5% ( 3. 13 %) 2 0. 42% 1 2. 63 % 1 9. 15 % 16 .2 8% - 2. 98 % 13 .4 4% 1 6. 34% ( 33 .7 5%)Feb 09 - Jun 10
KINSALE COMPASS FUNDPeter A Kinney
31 Oct 11 M $250MApr 16
161.67 30 Apr 16 1 .86% 1.16% 9.04% 6.56% 15.74% 16.75% 1.79% 11.26% 5.52% (4.87%)May 15 - Jan 16
LANSDOWNE DEVELOPEDMARKET FUND, LTD (GBP) NNIPeter Davies, Stuart Roden, Jonathon Regis
31 Jul 01 M $10'592MApr 16
7 13 .3 5 2 0 M ay 1 6 3.9 2% ( 9. 47 %) 1 6. 84% 1 1. 49 % 3 3. 26 % 17 .8 7% - 20 .0 7% 14 .1 8% 1 0. 80% ( 20 .0 7%)Dec 10 - Dec 11
LAZARD GLOBAL HEXAGON FUNDJean-Daniel Malan
31 May 10 M $326MFeb 16
119.88 20 May 16 ( 0.63%) (3.98%) 1.28% -2.22% 8.97% 13.27% -1.94% 2.91% 4.99% (8.43%)Apr 15 - Feb 16
LOREM IPSUM MASTER FUND LPJohn Segrich
31 Jul 13 Q $93MMar 16
95.08 31 Mar 16 (2.10%) (20.93%) -1.47% 12.27% 8.69% (1.88%) 1 6.98% (31.55%)May 15 - Mar 16
M. KINGDON OFFSHORE NV - A/1Mark Kingdon
28 Feb 86 Q $1'661MApr 16
161.38 20 May 16 2 .77% (5.35%) 3.34% 8.23% 23.82% 11.78% -18.03% 14.08% 12.60% (30.15%)Sep 87 - Oct 87
MARSHALL WACE - MW EUREKA
A1 EURPaul Marshall
07 Jan 98 M $8'076M
May 16
462.92 24 May 16 1.65% (2.94%) 12.05% 8.44% 21.61% 7.45% 9.74% 12.73% 8.79% (23.24%)
Oct 07 - Oct 08
MARSHALL WACE - MW GLOBALOPPORTUNITIES A USDFehim Sever
28 Feb 09 M $1'073MMay 16
254.04 24 May 16 3.37% 0.60% 6.38% 6.3% 13.37% 6.83% 27.16% 13.75% 9.34% (7.61%)Jan 15 - Apr 15
MAVERICK FUND, LTD - CLASS A/1Lee Ainslie III
28 Feb 95 M $2'000MJan 16
1 ,70 2. 27 2 0 M ay 1 6 2.2 0% 0 .67 % 1 6. 01% 8 .5 1% 1 6. 46 % 15 .4 6% - 14 .8 5% 12 .0 9% 1 1. 22% ( 30 .0 4%)May 08 - Nov 08
MS ASCEND UCITS FUND CLASS IEURMalcolm Fairbairn
30 Apr 11 W $230MDec 15
1,045.91 24 May 16 0.34% (5.94%) 1.62% 5.11% 12.16% - 0.14% -7.06% 0.89% 4.12% (7.49%)Jul 15 - Mar 16
PARUS FUND PLC USD CLASSParus Finance, Fabrice Vecchioli
31 Dec 02 Bi-weekly $740MApr 16
521.60 20 May 16 3.02% (8.48%) 12.48% 3.75% 26.37% 23.69% - 6% 15.63% 14.06% (15.49%)Apr 11 - Sep 11
PASSPORT GLOBAL STRATEGYFUND
John Burbank
31 Jul 00 Q $1'900MApr 16
1 ,03 3. 04 3 0 A pr 1 6 ( 0.2 0%) ( 7. 70 %) 1 0. 19% 0. 9% 2 3. 02 % 11 .0 8% - 18 .7 4% 15 .9 7% 2 5. 13% ( 52 .7 4%)Jun 08 - Dec 08
PASSPORT LONG SHORTSTRATEGY FUNDJohn Burbank, Tim Garry
30 Jun 10 M $1'000MApr 16
141.37 30 Apr 16 ( 0.60%) (3.12%) 10.12% -6.24% 19.89% 12.13% -7.19% 6.11% 8.11% (10.06%)Apr 11 - Dec 11
PASSPORT SPECIALOPPORTUNITIES FUND LTD CLASSAAJohn Burbank
30 Apr 08 HY $424MApr 16
2 28 .7 8 30 A pr 1 6 ( 4.9 0%) ( 8. 21 %) 1 7. 81% 9 .9 4% 45 .5 % - 5. 67 % - 19 .9 1% 10 .8 9% 2 6. 81% ( 43 .2 4%)Jun 08 - Nov 08
1. Max Drawdown: Peak to trough.
Past performance is not a reliable indicator of future performance. HSBC Alternative Investment Group | 26
Source - HSBC
8/15/2019 HSBC Hedge Weekly N22
http://slidepdf.com/reader/full/hsbc-hedge-weekly-n22 27/61
InceptionDate
Liquidity AssetSize
Last NAVor Index
Date MTD YTD 2015 2014 2013 2012 2011 Ann.Return
Ann.Volatility
MaxDrawdown1
Equity-Diversified/GlobalYtd Avg. 2016
(5.05%)
PLATINUM FUND LTDKerr Neilson
31 May 94 M $390MApr 16
8 1. 19 2 0 M ay 1 6 ( 3.9 3%) ( 4. 86 %) - 3. 08 % - 2. 67 % 2 1. 76 % 17 .4 4% - 13 .5 1% 9 .9 9% 1 2. 26% ( 30 .4 8%)Oct 07 - Feb 09
RWC ASIA ABSOLUTE ALPHAFUND -B-Priya Kodeeswaran
31 Jan 10 D $19MApr 16
139.55 25 May 16 1.62% (1.13%) 11.02% 0.29% 12.92% 6.59% 0.45% 5.42% 6.65% (6.47%)Feb 14 - Apr 14
SR GLOBAL FUND C -INTERNATIONAL (Real Perf)Hugh Sloane
31 Dec 93 M $530MFeb 16
6 20 .3 0 2 0 M ay 1 6 ( 5.0 8%) ( 11 .00 %) 4 .9 5% 8 .3 6% 3 6. 28 % 1 .0 3% - 24 .2 7% 11 .4 1% 2 0. 71% ( 50 .1 0%)Apr 08 - Aug 12
SR GLOBAL FUND INC - G -GLOBAL OPPORTUNITIES PTF(Real Perf)Richard Chenevix-Trench
29 Feb 96 M $390MFeb 16
1 ,29 8. 49 2 0 M ay 1 6 ( 1.0 0%) ( 6. 54 %) 0 .9 2% 2. 7% 1 8. 09 % - 0. 88 % - 17. 2% 16 .5 9% 1 7. 34% ( 37 .2 5%)Oct 07 - Feb 09
SR PHOENICIA INC CLASS -A-SERIES 1Richard Atherton
31 Jul 01 M $100MFeb 16
4 94 .2 6 2 0 M ay 1 6 ( 1.9 8%) ( 6. 49 %) 4 .1 8% 4 .6 3% 2 0. 89 % 8 .1 3% - 20 .9 7% 11 .3 9% 1 7. 34% ( 56 .0 2%)Oct 07 - Feb 09
STK CAPITAL GLOBAL EQUITIES
Daniel Grozdea
30 Nov 10 M $98M
Apr 16
130.19 30 Apr 16 ( 0.93%) (3.47%) -1.98% 5.27% 16.09% 9.35% -1.64% 4.99% 8.59% (11.78%)
Feb 15 - Feb 16
Equity-Diversified/JapanYtd Avg. 2016
(12.06%)
AKAMATSU FUNDPhilip Kay
31 Dec 04 M $58MMar 16
190.96 30 Apr 16 ( 3.55%) (7.26%) 2.45% 5.88% 21.71% - 3.45% -0.85% 5.87% 7.27% (12.18%)Mar 12 - Oct 12
MARATHON VERTEX JAPAN FD,LTD CLASS BWilliam Arah
31 May 03 Q $465MFeb 15
2,634.00 20 May 16 0.33% (10.72%) 15.58% 2.91% 23.38% 4.89% 0.59% 7.75% 8.61% (12.09%)Nov 15 - Feb 16
SFP VALUE REALIZATION FUNDGreg McEntyre
31 Oct 03 Q $309MApr 16
3 80 .1 6 2 0 M ay 1 6 7 .3 8% ( 18 .20 %) 1 8. 6% 1 0. 82 % 8 2. 11 % 44 .5 4% 7 .4 2% 11 .2 2% 1 9. 93% ( 55 .4 7%)Jan 06 - Oct 10
SR GLOBAL FUND H - JAPAN (RealPerf)Hugh Sloane, Alex Kydd
30 Sep 03 M $110MFeb 16
1 43 .5 8 2 0 M ay 1 6 ( 4.6 0%) ( 21 .96 %) 0 .9 7% 0 .4 1% 6 2. 51 % 31 .0 5% - 8. 33 % 3 .1 6% 2 0. 20% ( 35 .5 7%)Mar 08 - Jul 10
UMJ KOTOSHIRO FUND
Masahiro Koshiba
31 Oct 08 M $280M
May 16
209.45 30 Apr 16 ( 2.89%) (2.15%) 5.72% 15.2% 32.05% 17.83% 12.2% 10.36% 8.11% (9.48%)
Jul 09 - Sep 10
Equity-Diversified/RussiaYtd Avg. 2016
9.73%
FIREBIRD NEW RUSSIA FUND, LTD- CLASS AHarvey Sawikin & Ian Hague
30 Jun 96 Q $70MMar 16
1 ,56 8. 60 20 M ay 1 6 0.1 6% 9 .73 % - 11 .3 3% - 34 .5 9% 4. 08 % 11 .4 2% - 14 .6 2% 14 .8 3% 3 7. 85% ( 81 .7 9%)Mar 98 - Sep 98
1. Max Drawdown: Peak to trough.
Past performance is not a reliable indicator of future performance. HSBC Alternative Investment Group | 27
Source - HSBC
8/15/2019 HSBC Hedge Weekly N22
http://slidepdf.com/reader/full/hsbc-hedge-weekly-n22 28/61
InceptionDate
Liquidity AssetSize
Last NAVor Index
Date MTD YTD 2015 2014 2013 2012 2011 Ann.Return
Ann.Volatility
MaxDrawdown1
Equity-Diversified/UKYtd Avg. 2016
2.76%
ALPHAGEN OCTANIS CLASS ABen Wallace & Luke Newman
28 Feb 05 M $6'925MMar 16
264.11 06 May 16 0.31% (0.71%) 7.74% 4.01% 16.77% 3.87% -0.47% 9.07% 5.78% (10.72%)May 07 - Mar 08
BLACKROCK UK EQUITY HEDGEFUNDNigel Ridge & Imran Sattar
30 Apr 05 M $640MApr 16
230.99 2 0 May 16 1.48% 0.97% 8.35% 6.93% 6.42% 4.27% 2.48% 7.86% 5.49% (11.70%)Jun 08 - Oct 08
PEGASUS FUND LIMITED SHARESA-1Martin Hughes
31 Oct 97 M $140MJan 15
61.12 13 May 16 0 .21% 11.15% -4.13% -15.72% 63.74% 1.06% -1.11% 10.30% 14.88% (35.27%)May 98 - Oct 98
THREADNEEDLE UK ABSOLUTEALPHA FUNDChris Kinder & Mark Westwood
30 Sep 10 D $970MOct 15
140.44 25 May 16 1.31% (0.36%) 7.19% 5.4% 10.7% 2.91% 4.22% 6.19% 3.72% (3.17%)Jun 11 - Sep 11
Equity-Diversified/USAYtd Avg. 2016
(2.64%)
AJR INTERNATIONAL (BVI), INC. -A/1Alexander J. Roepers
31 Jan 93 M $1'300MDec 15
1,061.58 30 Apr 16 0 .15% 1.75% -7.15% -6.92% 20.33% 3.85% -6% 10.69% 18.75% (44.44%)May 08 - Dec 08
ALLIANCEBERNSTEIN SELECT USEQUITY LONG SHORTKurt Feuerman
30 Nov 99 Q/Y $126MApr 16
4,548.99 24 May 16 0.26% 0.30% -0.78% 2.76% 16.27% 6.17% 0.81% 9.62% 7.13% (9.98%)May 08 - Feb 09
ASCEND PARTNERS FUND II LTD -AMalcolm Fairbairn
31 Jan 04 Q $440MMar 16
202.24 20 May 16 0.33% (4.36%) 2.63% 4.75% 11.59% 3.48% -2.86% 5.89% 4.21% (5.23%)Apr 11 - Dec 11
BAY RESOURCES PARTNERSOFFSHORE FUNDThomas Claugus
31 Jul 98 M $2'143MFeb 16
10,481.24 30 Apr 16 1.00% (1.33%) -1.62% 5.04% 22.23% 9.24% -6.89% 14.14% 15.51% (39.02%)May 08 - Feb 09
BCM WESTON LP (BILLINGSCAPITAL MANAGEMENT)Billings Capital Management LLC
31 Jan 08 M $65MFeb 16
260.46 30 Apr 16 4 .26% 4.07% 4.37% 3.42% 50.32% 15.2% -8.95% 12.30% 13.28% (20.35%)Jun 15 - Jan 16
COBALT OFFSHORE LTDWayne Cooperman
31 Dec 96 Q $298MMar 16
751.61 30 Apr 16 ( 2.12%) (5.55%) -1.12% 4.92% 8.88% 4.49% -0.66% 10.99% 7.88% (19.53%)Apr 98 - Sep 98
ELM RIDGE CAPITAL PARTNERSL.P.Ronald Gutfleish
31 Dec 99 Q $349MApr 16
420.06 30 Apr 16 10.10% 14.16% -29.96% -1.31% 22.28% - 14.08% 0.7% 9.18% 13.91% (37.41%)Aug 14 - Feb 16
FJ CAPITAL FINANCIALOPPORTUNITY FUND LTDMartin Friedman
31 Dec 07 Q $163MApr 16
271.69 30 Apr 16 3.68% (0.72%) 19.64% 9.76% 25.15% 25.9% 14.77% 12.74% 13.50% (27.44%)May 08 - Feb 09
GLENVIEW CAPITAL PARTNERS(CAYMAN), LTD.Lawrence M. Robbins
31 Dec 00 Q $3'001MApr 16
5 35 .5 7 30 A pr 1 6 2 .5 9% ( 9. 88 %) - 18 .1 2% 1 4. 44 % 42 .9 % 24 .2 4% - 10 .9 5% 11 .5 6% 1 6. 57% ( 49 .1 7%)May 07 - Dec 08
1. Max Drawdown: Peak to trough.
Past performance is not a reliable indicator of future performance. HSBC Alternative Investment Group | 28
Source - HSBC
8/15/2019 HSBC Hedge Weekly N22
http://slidepdf.com/reader/full/hsbc-hedge-weekly-n22 29/61
InceptionDate
Liquidity AssetSize
Last NAVor Index
Date MTD YTD 2015 2014 2013 2012 2011 Ann.Return
Ann.Volatility
MaxDrawdown1
Equity-Diversified/USAYtd Avg. 2016
(2.64%)
GREENLIGHT CAPITALOFFSHORE, LTD - A/1
David Einhorn
30 Sep 96 Q $2'923MJan 16
1 39 ,5 35 .2 7 30 A pr 1 6 ( 0.3 0%) 2 .55 % - 20 .3 8% 7 .5 1% 1 8. 76 % 7 .6 6% 1 .8 6% 14 .4 0% 1 0. 94% ( 27 .1 7%)May 08 - Oct 08
HINOKI FUND LPEllen Adams & Dan Sheridan
30 Jun 12 M $70MApr 16
132.48 30 Apr 16 (4.91%) (8.04%) 18.12% -4.9% 26.05% 1.73% 7.61% 9.94% (12.58%)Feb 14 - Apr 14
IVORY CAPITAL FLAGSHIPSTRATEGYCurtis Macnguyen
30 Nov 98 Q $782MApr 16
4,098.02 20 May 16 ( 0.46%) (3.39%) -4.91% 6.8% 17.07% 10.5% -3.54% 8.40% 5.99% (12.61%)May 08 - Nov 08
IVORY OPTIMAL FUND LTDCurtis Macnguyen
31 Dec 08 Q $1'686MApr 16
189.12 20 May 16 ( 0.27%) (5.22%) -6.53% 11.31% 28.31% 16.41% -4.37% 9.01% 8.45% (15.01%)May 15 - Feb 16
MARLIN FUND LPMichael Masters
30 Jun 95 M $413MApr 16
1 2, 21 6. 72 30 A pr 1 6 ( 2.1 4%) ( 0. 28 %) - 8. 43 % 2 1. 72 % 7 7. 47 % 31 .5 3% - 17 .7 7% 25 .9 2% 2 4. 99% ( 60 .1 5%)Oct 07 - Feb 09
NEUBERGER BERMAN US LONGSHORT EQUITY FUNDNeuberger Berman Group LLC
28 Feb 14 D $161MMay 16
10.27 25 May 16 0.69% 2.50% -4.21% 4.61% 1.20% 6.89% (8.39%)Mar 15 - Jan 16
OKUMUS OPPORTUNISTIC VALUEFUND, LTD CLASS AAhmet H. Okumus
31 Dec 12 HY $376MApr 16 148.76 3 0 Apr 16 7.48% (25.36%) 1 4.25% 29.71% 34.49% - 12.66% 19.85% (36.06%)Jun 15 - Mar 16
OMEGA OVERSEAS PARTNERSLTD CLASS ALeon Cooperman
31 Dec 91 M $1'400MFeb 16
7 93 .6 2 3 1 Ma r 1 6 4.8 1% ( 5. 62 %) - 10 .4 3% - 2. 13 % 3 0. 02 % 25 .6 6% - 2. 97 % 8 .9 1% 1 4. 71% ( 42 .5 5%)May 07 - Feb 09
RENAISSANCE INSTITUTIONALEQUITIES LP (B)Renaissance Technologies LLC
31 Jul 05 M $2'572MMar 16
273.91 20 May 16 0.63% 8.50% 16.53% 13.84% 16.78% 8.29% 34.12% 9.77% 10.50% (35.73%)May 07 - Apr 09
RWC US ABSOLUTE ALPHA FUND -CLASS BMike Corcell
30 Sep 09 D $495MApr 16
134.72 24 May 16 1.20% (4.15%) 5.37% 5.45% 14.28% 16.32% -2.24% 4.58% 6.08% (9.19%)Apr 10 - Dec 11
SANDLER PLUS OFFSHORE FUNDLTDSandler Capital Mgmt, Andrew
Sandler
30 Sep 05 Q $117MApr 16
305.66 20 May 16 2.10% (0.34%) 12.97% 5.68% 10.38% 5.62% 8.91% 11.07% 10.34% (14.88%)Dec 07 - Mar 09
SEMINOLE OFFSHORE FUNDMichael G. Messner, Paul C.Shiverick
31 May 98 Q $690MApr 16
736.85 20 May 16 ( 1.10%) (2.04%) -7.29% 11.04% 23.18% 5.08% - 0.7% 11.75% 12.05% (15.62%)May 02 - Mar 03
ZWEIG-DIMENNA INTL LIMITED -CLASS AJoseph DiMenna
31 May 87 Q $1'141MMar 16
9 2, 34 2. 79 3 1 Ma r 1 6 ( 2.8 3%) ( 15 .66 %) 1 .7 9% 4 .6 4% 2 1. 25 % - 1. 18 % - 2. 37 % 13 .2 3% 1 4. 94% ( 50 .2 3%)Feb 00 - Dec 02
1. Max Drawdown: Peak to trough.
Past performance is not a reliable indicator of future performance. HSBC Alternative Investment Group | 29
Source - HSBC
8/15/2019 HSBC Hedge Weekly N22
http://slidepdf.com/reader/full/hsbc-hedge-weekly-n22 30/61
InceptionDate
Liquidity AssetSize
Last NAVor Index
Date MTD YTD 2015 2014 2013 2012 2011 Ann.Return
Ann.Volatility
MaxDrawdown1
Equity-EnergyYtd Avg. 2016 40.83%
Equity-Energy/USAYtd Avg. 2016
40.83%
DORSET ENERGY FUND, LTD -CLASS ADavid M. Knott, Donald Textor
31 Oct 00 M $120MJan 16
3 1. 90 2 0 M ay 1 6 ( 3.7 7%) 4 0. 83 % - 44 .0 5% - 27. 2% 2 9. 76 % - 6. 43 % - 1. 27 % 7 .7 4% 2 5. 77% ( 70 .3 7%)Jun 14 - Feb 16
Equity-FinancialYtd Avg. 2016 (9.97%)
Equity-Financial/GlobalYtd Avg. 2016
(9.97%)
ABACO FINANCIALS FUNDAbaco Asset Management LLP
31 May 03 M €381MApr 16
232.94 30 Apr 16 ( 1.03%) (1.21%) 10.15% -11.47% 15.74% 4.84% 12.67% 6.76% 6.09% (11.68%)Nov 13 - Dec 14
MARSHALL WACE - MW GLOBALFINANCIALS M/N A USDAmit Rajpal
31 Oct 08 M $97MMay 16
143.02 24 May 16 0.87% (5.98%) 10.31% 6.52% 5.76% -0.75% 3.21% 4.84% 5.72% (8.01%)Nov 11 - Aug 12
TOSCA CLASS A - USDJohnny de la Hey
30 Sep 00 M $697MApr 16
268.45 30 Apr 16 1.19% (12.00%) 14.57% -6.79% 30.5% 24.94% 1.14% 6.54% 16.60% (67.54%)Dec 07 - Nov 08
WELLINGTON MANAGEMENT INVBERMUDA LTD BAY POND A/1 NINicholas C. Adams, Partner
31 Dec 95 HY $4'064MApr 16
1 86 .9 3 30 A pr 1 6 3 .4 0% ( 20 .68 %) 8 .1 6% - 1. 68 % 2 0. 27 % 20 .4 1% - 12 .5 3% 15 .4 8% 1 6. 88% ( 63 .2 2%)Apr 98 - Mar 99
Equity-HealthcareYtd Avg. 2016 (13.59%)
Equity-Healthcare/GlobalYtd Avg. 2016
(13.59%)
CCI HEALTHCARE PARTNERS LTDOliver Marti, CCI Healthcare Partners
31 Dec 00 M $517MApr 16
304.19 30 Apr 16 1 .55% (8.51%) -7.25% 7.67% 26.54% 6.56% 3.99% 7.52% 8.89% (20.58%)Mar 15 - Mar 16
CCI MICRO HEALTHCAREPARTNERS LTD
Oliver Marti, CCI Healthcare Partners
31 Dec 12 Q $44MApr 16
175.23 30 Apr 16 4.57% (13.63%) 5.39% 20.54% 59.69% - 18.34% 23.50% (28.85%)Jul 15 - Feb 16
JENOP GLOBAL HEALTHCAREFUND LTD SERIES ADavid Chan
31 Oct 12 W $170MApr 16
11.99 10 May 16 (4.48%) (20.17%) -2.68% 21.95% 27.17% -0.45% 5.29% 16.01% (31.09%)Jul 15 - May 16
MLIS - CCI HEALTHCARE LONGSHORT UCITS FUND - B (acc) USDOliver Marti, CCI Healthcare Partners
31 Jan 10 W $506MOct 15
125.22 24 May 16 ( 0.67%) (9.31%) -7.93% 7.41% 26.97% 5.51% 2.72% 3.63% 9.78% (21.03%)Mar 15 - Mar 16
1. Max Drawdown: Peak to trough.
Past performance is not a reliable indicator of future performance. HSBC Alternative Investment Group | 30
Source - HSBC
8/15/2019 HSBC Hedge Weekly N22
http://slidepdf.com/reader/full/hsbc-hedge-weekly-n22 31/61
InceptionDate
Liquidity AssetSize
Last NAVor Index
Date MTD YTD 2015 2014 2013 2012 2011 Ann.Return
Ann.Volatility
MaxDrawdown1
Equity-Healthcare/GlobalYtd Avg. 2016
(13.59%)
VISIUM INSTITUTIONAL PARTNERSFUND LTD
Jacob Gottlieb, Visium Asset Management
31 May 10 Q $78MApr 16
113.93 20 May 16 ( 4.60%) (16.34%) 4.69% 2.11% 20.91% 5.73% 1.28% 2.21% 7.93% (21.24%)Jun 15 - May 16
Equity-Mid-Small CapYtd Avg. 2016 (0.06%)
Equity-Mid-Small Cap/EuropeYtd Avg. 2016
(3.36%)
PELHAM LONG/SHORT SMALL CAPFUND LTDRoss Turner
31 Oct 14 Q €425MApr 16
143.27 31 Mar 16 2.72% (2.92%) 42.71% 3.41% 28.90% 10.71% (6.70%)Dec 15 - Jan 16
POLAR CAPITAL EUROPEANFORAGER FUND LTD - AXRobert Gurner & Andrew Marsh
31 Jul 03 M €574MDec 15
306.13 20 May 16 ( 0.37%) (3.81%) -1.67% 4.76% 11.79% 11.93% 2.39% 9.12% 7.14% (21.47%)Oct 07 - Feb 09
Equity-Mid-Small Cap/UKYtd Avg. 2016
1.39%
ALPHAGEN VOLANTIS FUND, LTD -A (USD)Rob Giles & Adam McConkey
30 Apr 02 M $332MMar 16
468.21 06 May 16 1.43% 1.39% -4.72% -2.54% 13.46% 12.7% 1.02% 11.63% 8.45% (14.36%)Jun 14 - Feb 16
Equity-Mid-Small Cap/USAYtd Avg. 2016
0.80%
COOPER CREEK PARTNERS LLCRobert Schwartz
31 Oct 08 Q $163MMar 16
185.44 30 Apr 16 0.00% 0.53% 7.27% 2% 27.15% 9.93% -13.51% 8.58% 10.20% (22.12%)Feb 11 - Sep 11
HARBOUR HOLDINGS LTDCharles A. Paquelet
31 Dec 85 M $129MMar 16
1 60 .3 8 3 1 Ma r 1 6 7.3 0% ( 1. 22 %) - 13 .4 6% 8 .8 3% 2 6. 65 % 14 .6 4% - 1. 07 % 16 .8 7% 2 2. 80% ( 49 .0 5%)May 07 - Feb 09
HARVEY PARTNERS LLCJeff Moskowitz and Jim Schwartz
31 Jan 06 Q $106MApr 16
2,196.44 30 Apr 16 1 .20% 3.70% -9.77% 3.63% 15.93% 9.43% -4.99% 7.98% 7.52% (13.18%)Jun 15 - Jan 16
SENVEST PARTNERS, LTD -CLASS ARichard Mashaal
31 Mar 97 Q $670MApr 16
2 ,19 0. 99 3 0 A pr 1 6 4 .0 0% ( 6. 30 %) - 17 .3 4% 2 2. 21 % 7 9. 39 % 34 .8 4% - 34% 17 .5 5% 3 6. 12% ( 70 .5 4%)Feb 00 - Sep 02
TONGA PARTNERS LPJ. Carlo Cannell, Cannell Capital LLC
30 Jun 92 HY $67MApr 16
2 ,61 9. 80 3 0 A pr 1 6 9 .1 2% 5 .31 % - 12 .6 1% 1 2. 36 % 3 4. 84 % 24 .0 2% - 9. 02 % 14 .6 7% 1 5. 25% ( 50 .3 3%)Jun 07 - Apr 09
TRISTAN PARTNERS LPJ. Carlo Cannell, Cannell Capital LLC
31 May 05 HY $64MApr 16
325.51 30 Apr 16 12.30% 2.79% -6.76% -3.87% 38.52% 17.18% 20.24% 11.41% 16.48% (49.97%)Jun 07 - Feb 09
Equity-Pharma-BiotechYtd Avg. 2016 (8.34%)
1. Max Drawdown: Peak to trough.
Past performance is not a reliable indicator of future performance. HSBC Alternative Investment Group | 31
Source - HSBC
8/15/2019 HSBC Hedge Weekly N22
http://slidepdf.com/reader/full/hsbc-hedge-weekly-n22 32/61
InceptionDate
Liquidity AssetSize
Last NAVor Index
Date MTD YTD 2015 2014 2013 2012 2011 Ann.Return
Ann.Volatility
MaxDrawdown1
Equity-Pharma-Biotech/USAYtd Avg. 2016
(8.34%)
PERCEPTIVE LIFE SCIENCESOFFSHORE FUND LTD
Joseph Edelman
31 Jul 00 M $1'161MFeb 16
1 ,58 2. 17 2 0 M ay 1 6 1 .6 5% ( 11 .09 %) 4 9. 6% 2 0. 3% 4 3. 88 % 27 .7 5% 5 .8 2% 19 .0 8% 1 6. 96% ( 24 .4 3%)Dec 07 - Nov 08
SIVIK GLOBAL HEALTHCAREOFFSHORE - A/01-01Krishen Sud
30 Jun 01 M $42MFeb 16
2 ,35 0. 58 30 A pr 1 6 2 .4 6% ( 3. 49 %) - 5. 08 % 2 5. 55 % 2 0. 95 % 13 .8 8% - 8. 27 % 5 .9 3% 1 1. 71% ( 32 .7 0%)Oct 07 - Feb 09
VISIUM BALANCED OFFSHOREFUND CL 2Jacob Gottlieb
3 1 O ct 0 5 Q /Y $3 '4 08 MFeb 16
252.18 20 May 16 ( 3.54%) (10.44%) 5.56% 7.78% 18.57% 10.31% 1.89% 9.16% 8.85% (15.79%)Aug 08 - Dec 08
Equity-TechnologyYtd Avg. 2016 (0.29%)
Equity-Technology/GlobalYtd Avg. 2016
1.38%
EXANE ARCHIMEDES FUND CLASSA CAP
Gilles Lenoir and César Zeitouni
30 Sep 06 W €1'136MMar 16
17,895.85 24 May 16 0.41% 1.38% 3.76% 8.21% 3.84% -0.19% 3.99% 6.22% 4.30% (5.10%)Nov 11 - May 12
Equity-Technology/USAYtd Avg. 2016
(1.97%)
SELIGMAN TECH SPECTRUMFUND CLASS -A1-S/2-2002J. & W. Seligman & Co. Incorporated
31 Dec 06 M $494MApr 16
464.36 30 Apr 16 ( 5.45%) (1.97%) 8.35% 30% 11.22% 0.65% -0.21% 9.44% 11.70% (19.91%)May 08 - Nov 08
Equity-UtilityYtd Avg. 2016 (0.23%)
Equity-Utility/EuropeYtd Avg. 2016
3.06%
CYGNUS UTILITIES,INFRASTRUCTURE &RENEWABLESCygnus Asset Management
30 Apr 06 M $250MApr 16
1,905.05 30 Apr 16 0 .24% 3.06% -0.98% 4.09% 2.98% 10.88% -2.7% 6.65% 7.24% (10.69%)Nov 09 - Aug 11
Equity-Utility/GlobalYtd Avg. 2016
(3.52%)
ELECTRON GLOBAL FUND, L.P.Electron Capital Partners, LLC
28 Feb 13 M $560MApr 16
126.51 20 May 16 (0.37%) ( 3.52%) 17.63% - 2.84% 14.71% 7.56% 7.67% (7.85%)May 15 - Aug 15
1. Max Drawdown: Peak to trough.
Past performance is not a reliable indicator of future performance. HSBC Alternative Investment Group | 32
Source - HSBC
8/15/2019 HSBC Hedge Weekly N22
http://slidepdf.com/reader/full/hsbc-hedge-weekly-n22 33/61
InceptionDate
Liquidity AssetSize
Last NAVor Index
Date MTD YTD 2015 2014 2013 2012 2011 Ann.Return
Ann.Volatility
MaxDrawdown1
Equity-DiversifiedYtd Avg. 2016 (11.96%)
Equity-Diversified/USA Ytd Avg. 2016(11.96%)
MARCATO INTERNATIONAL LTDRichard McGuire, Marcato Capital Management LLC
30 Sep 10 Q $1'784MAug 15
1 39 .6 1 1 6 M ay 1 6 ( 2.5 0%) ( 11 .96 %) - 9. 31 % 5 .3 3% 2 6. 16 % 28 .6 7% - 4. 16 % 6 .1 0% 1 4. 66% ( 26 .0 8%)May 15 - Feb 16
Merger-ArbitrageYtd Avg. 2016 (0.12%)
Merger-Arbitrage/GlobalYtd Avg. 2016
(0.12%)
TIG ARBITRAGE ENHANCED FUNDDrew Figdor
31 Dec 06 M $148MApr 16
220.09 30 Apr 16 (2.49%) (0.12%) 1.83% 1.72% 13.34% 7.34% 6.85% 8.82% 7.80% (10.97%)Oct 07 - Oct 08
Multi-StrategyYtd Avg. 2016 (1.48%)
Multi-Strategy/EuropeYtd Avg. 2016
(2.63%)
CYGNUS EUROPA EVENT DRIVENFUNDJose Luis Perez Esteve
30 Jun 10 M $139MMar 16
2 ,23 3. 99 3 0 A pr 1 6 ( 3.3 4%) ( 2. 31 %) 2 7. 54% 2 2. 57 % 3 2. 14 % 9 .4 7% - 0. 26 % 14 .7 7% 1 0. 01% ( 15 .9 0%)Oct 11 - Jul 12
MLIS - OZ EUROPE UCITS FUNDCLASS B EURDavid Windreich, Och-Ziff Capital Management Group
31 Mar 11 W $379MOct 15
109.00 24 May 16 2.46% (3.65%) 4.96% - 6.7% 14.37% 10.74% -8.79% 1.69% 6.55% (10.96%)Apr 11 - Nov 11
PORTLAND HILL OVERSEAS FUNDLTDThierry Lucas
31 May 12 M $119MApr 16
145.62 30 Apr 16 (1.30%) (1.94%) 17.54% 0.25% 17.1% 7.62% 10.07% 8.37% (6.30%)Dec 15 - Jan 16
Multi-Strategy/GlobalYtd Avg. 2016
(1.30%)
AG SUPER FUND INTERNATIONAL,LTDMichael Gordon & Dave Kamin
30 Apr 93 Y $482MApr 16 1,665.17 20 May 16 ( 0.15%) 2.09% -6.41% 2.63% 16.86% 13.67% -2.62% 8.97% 5.40% (24.78%)Jun 07 - Dec 08
ALTAI CAPITAL PARTNERSOFFSHORE, LTDALTAI CAPITAL MANAGEMENT,L.P.
31 Oct 09 Q $79MApr 16
9 7. 54 30 A pr 1 6 ( 1.6 8%) ( 27 .03 %) - 39 .0 9% 2 4. 91 % 5 2. 07 % - 0. 05 % - 0. 36 % ( 0. 38 %) 2 4. 11% ( 60 .6 0%)Jun 15 - Apr 16
1. Max Drawdown: Peak to trough.
Past performance is not a reliable indicator of future performance. HSBC Alternative Investment Group | 33
Source - HSBC
8/15/2019 HSBC Hedge Weekly N22
http://slidepdf.com/reader/full/hsbc-hedge-weekly-n22 34/61
InceptionDate
Liquidity AssetSize
Last NAVor Index
Date MTD YTD 2015 2014 2013 2012 2011 Ann.Return
Ann.Volatility
MaxDrawdown1
Multi-Strategy/GlobalYtd Avg. 2016
(1.30%)
ANDALUSIAN CORPORATEOPPORTUNITIES FUND LP
Michael Reeber, Harrison M.Wreschner
31 Jul 09 Q $127MApr 16
192.35 31 Mar 16 4.25% (8.75%) -22.85% 5.37% 41.15% 30.08% 1.49% 10.30% 11.86% (36.95%)Aug 14 - Feb 16
BG UMBRELLA FUND PLCBoussard & Gavaudan Investment Management
28 Feb 03 D €1'480MApr 16
142.64 20 May 16 1.25% 5.66% 10.77% 4.23% 11.56% 8.49% -5.04% 2.72% 13.20% (44.40%)Oct 10 - Dec 11
DAVIDSON KEMPNER INTL, LTD -CLASS C Tranche 1Thomas L. Kempner, Jr.
31 Oct 95 Q $7'738MApr 16
509.78 2 0 May 16 0.70% 2.12% 1.68% 5.15% 10.24% 8.49% 1.59% 8.24% 3.67% (11.22%)Oct 07 - Nov 08
DROMEUS GLOBALOPPORTUNITIES FUNDDromeus Capital Management Ltd
30 Jun 08 M $91MApr 16
198.71 29 Apr 16 0 .21% (2.05%) -8.8% 1.92% 11.65% 20.78% -1.62% 9.16% 9.25% (17.93%)Jun 14 - Feb 16
ECF VALUE FUND INTERNATIONALLTDGates Capital Management Inc.
30 Jun 02 Q $1'600MMar 16
569.67 30 Apr 16 5.34% 10.60% -20.57% -2.28% 18.9% 26.22% 2.09% 13.39% 16.91% (43.83%)May 07 - Dec 08
GREYWOLF CAPITAL OVERSEASFUNDGreywolf Capital Management LP
31 Jul 03 Q $946MApr 16
262.74 30 Apr 16 3 .18% 1.20% -14.14% 5.67% 15.74% 3.8% -1.09% 7.86% 9.54% (27.67%)Jul 07 - Dec 08
KG INVESTMENT FUND LLCKG Funds Management LLC
31 Dec 08 Q $140MApr 16
3 11 .7 7 30 A pr 1 6 ( 0.4 5%) ( 1. 67 %) 1 2. 44% 8 .9 7% 2 6. 85 % 21 .9 3% 1 2. 4% 16 .7 7% 1 3. 51% ( 20 .3 1%)Dec 08 - Feb 09
KITE LAKE (KL) SPECIALOPPORTUNITIES FUND LTDJamie Sherman & Jan Lernout
31 Jan 11 Q $235MApr 16
146.64 30 Apr 16 0.21% 3.44% 8.99% 1.31% 9.44% 11.94% 4.8% 7.56% 5.33% (8.21%)Mar 12 - Jun 12
MOAB PARTNERS OFFSHOREFUND LTDMoab Capital Partners, LLC, Michael Rothenberg
31 Mar 06 Q $161MMar 16
226.40 20 May 16 0.10% 1.99% 4.31% 9.77% 18.26% 4.76% -0.82% 8.39% 7.31% (16.75%)Aug 08 - Feb 09
OMNI EVENT FUND LIMITEDOmni Partners LLP, John Melsom
31 Aug 13 M $97MMar 16
122.42 30 Apr 16 (0.48%) 3.66% 16.55% -3.49% 6.34% 8.40% 7.19% (8.29%)Sep 14 - Oct 14
OWL CREEK OVERSEAS FUND,LTDJeffrey Altman
31 Jan 02 Y $2'123MApr 16
4,613.37 20 May 16 ( 0.10%) 2.55% -2.95% - 8% 48.63% 11.07% -15.44% 11.28% 12.70% (20.92%)Mar 10 - Sep 11
PERSHING SQUARE INTL.LTDWilliam Ackman
3 1 De c 04 Q /Y $3 '9 67 MApr 16
3 ,53 0. 22 24 M ay 1 6 ( 2.5 0%) ( 17 .05 %) - 16 .6 6% 3 7. 24 % 9. 3% 12 .3 9% - 2. 03 % 11 .7 0% 1 4. 91% ( 39 .8 1%)Jul 15 - Mar 16
PSAM WORLDARB MASTER FUNDLTDP. Schoenfeld Asset Management LP
31 Aug 98 Q $900MApr 16
343.27 30 Apr 16 (0.47%) 1.91% -7.2% 3.51% 18.08% 10.66% 1.94% 7.23% 6.61% (29.14%)May 07 - Nov 08
1. Max Drawdown: Peak to trough.
Past performance is not a reliable indicator of future performance. HSBC Alternative Investment Group | 34
Source - HSBC
8/15/2019 HSBC Hedge Weekly N22
http://slidepdf.com/reader/full/hsbc-hedge-weekly-n22 35/61
InceptionDate
Liquidity AssetSize
Last NAVor Index
Date MTD YTD 2015 2014 2013 2012 2011 Ann.Return
Ann.Volatility
MaxDrawdown1
Multi-Strategy/GlobalYtd Avg. 2016
(1.30%)
SOLUS SOLA LTD CL. IChris Pucillo, Scott Martin, CJ
Lanktree
31 Dec 01 Q $3'967MMay 16
1,236.12 20 May 16 0 .61% (0.17%) 0.37% 10.04% 31.78% 9.11% -1.73% 19.09% 13.52% (21.93%)Feb 08 - Apr 09
TRIAN PARTNERS LTDNelson Peltz, Peter May & Ed Garden
31 Dec 05 Q $2'678MJan 16
230.43 20 May 16 0.35% 1.98% 4.38% 10.52% 40.06% 0.9% 3.98% 8.36% 13.24% (30.56%)May 07 - Feb 09
TRISHIELD SPECIAL SITUATIONSFUND LLCJeff Buick and Robert Harteveldt.
31 May 08 Y $138MApr 16
3 ,82 0. 41 3 1 Ma r 1 6 1 .9 8% ( 12 .67 %) - 19 .8 5% 1 5. 65 % 2 2. 84 % 52 .2 1% - 8. 38 % 18 .6 5% 2 9. 64% ( 34 .3 2%)Aug 14 - Feb 16
TYRUS CAPITAL EVENT FUND LTDTony Chedraoui
30 Sep 09 Q $2'200MApr 16
159.33 20 May 16 ( 0.67%) 4.16% -1.31% 7.65% 15.74% 6.77% -0.07% 7.26% 7.38% (13.79%)Jun 14 - Sep 15
WHITEBOX MULTI-STRATEGYFUNDAndrew Redleaf, Paul Twitchell, Rob Vogel
31 Dec 01 Q $575MDec 15
558.44 20 May 16 1.10% 1.99% -2.78% 6.16% 18.09% 11.38% 1.2% 12.69% 9.36% (34.40%)Jun 08 - Dec 08
1. Max Drawdown: Peak to trough.
Past performance is not a reliable indicator of future performance. HSBC Alternative Investment Group | 35
Source - HSBC
8/15/2019 HSBC Hedge Weekly N22
http://slidepdf.com/reader/full/hsbc-hedge-weekly-n22 36/61
InceptionDate
Liquidity AssetSize
Last NAVor Index
Date MTD YTD 2015 2014 2013 2012 2011 Ann.Return
Ann.Volatility
MaxDrawdown1
Fixed IncomeYtd Avg. 2016 2.52%
Fixed Income/GlobalYtd Avg. 2016
2.52%
BLACKROCK FIXED INCOMEGLOBAL ALPHA FUNDTim Webb
30 Sep 06 M $5'700MFeb 16
220.56 30 Apr 16 (0.34%) 0.30% 2.77% 3.78% 6.04% 14.73% 19.93% 8.60% 5.03% (10.54%)Jun 08 - Dec 08
BLACKROCK OBSIDIAN FUNDStuart Spodek
30 Jun 96 M $2'000MMay 16
6 ,85 2. 51 2 0 M ay 1 6 ( 0.2 5%) ( 1. 37 %) - 0. 14 % 5 .2 3% 1 0. 83 % 34 .2 7% - 13. 5% 10 .1 5% 9 .2 4% ( 20 .9 3%)Jan 08 - Feb 09
CAPULA GLOBAL RELATIVE VALUEFUND LTD CLASS -A-Yan Huo, Masao Asai
30 Sep 05 Q $9'006MMay 16
266.35 2 0 May 16 0.29% 2.72% 7.53% 8.15% 7.56% 0.43% 6.21% 9.64% 4.25% (7.41%)Feb 08 - Mar 08
III FUND LTDCliff G Viner
30 Jun 93 M $177MApr 16
4,186.35 20 May 16 0.35% 2.37% 1.65% 2.87% 13.44% 11.83% 9.03% 6.45% 10.56% (54.77%)Jan 08 - Nov 08
LMR ALPHA RATES TRADINGFUND, LTDLMR Partners
31 May 14 M $775MApr 16
127.67 20 May 16 1.00% 5.76% 15.05% 4.93% 13.18% 2.45% (0.15%)Mar 15 - Apr 15
PELAGUS CAPITAL FUNDBruno Usai
31 Dec 07 M $83MApr 16
197.11 2 0 May 16 0.08% 3.28% -2.61% -4.09% 3.38% 4.47% 2.27% 8.42% 5.43% (8.75%)Oct 13 - Jun 15
PINE RIVER LIQUID RATES FUNDPine River Capital Management L.P.
30 Nov 11 M $1'241MMay 16
154.03 30 Apr 16 1 .10% 4.85% 13.55% 2.27% 7.96% 11.71% 4.89% 10.27% 5.84% (7.68%)Mar 12 - May 12
PROLOGUE FEEDER FUND, LTD.CLASS ADavid Lofthouse, Graham Walsh
31 Jan 06 Q $993MMay 16
1,924.69 20 May 16 0.18% 1.35% 1.88% -3.34% 2.51% 6.02% 8.37% 6.56% 3.84% (6.61%)May 13 - Aug 14
SANCTUM FIXED INCOME FUNDSanctum FI, LLP
31 Aug 03 M $277MMay 16
199.45 2 0 May 16 0.28% 3.46% 5.67% -0.27% 3.36% 1.91% 6.58% 5.57% 8.35% (23.61%)Jul 08 - Oct 08
1. Max Drawdown: Peak to trough.
Past performance is not a reliable indicator of future performance. HSBC Alternative Investment Group | 36
Source - HSBC
8/15/2019 HSBC Hedge Weekly N22
http://slidepdf.com/reader/full/hsbc-hedge-weekly-n22 37/61
InceptionDate
Liquidity AssetSize
Last NAVor Index
Date MTD YTD 2015 2014 2013 2012 2011 Ann.Return
Ann.Volatility
MaxDrawdown1
ArbitrageYtd Avg. 2016 (2.33%)
Arbitrage/GlobalYtd Avg. 2016
(2.33%)
HSBC MAA FUND USDHSBC Alternative Investments Limited
15 Jun 95 Q/M $79MMar 16
219.30 30 Apr 16 (0.12%) (2.33%) 2.06% 4.48% 4.95% 4.21% -3.61% 3.83% 4.53% (25.30%)Jul 07 - Dec 08
Event DrivenYtd Avg. 2016 (1.68%)
Event Driven/GlobalYtd Avg. 2016
(1.68%)
GEMS PROGR. FUND SICAVRECOVERY PORTFOLIO REGULARUSDDavid Goldfarb, Miguel Abadi, Cedric Carrol
31 Dec 01 Q $73MJun 15
2,152.67 20 May 16 ( 0.67%) (5.41%) -5.31% -0.44% 8.61% 5.91% -12.46% 5.47% 6.48% (23.23%)Jun 08 - Dec 08
HSBC CREDIT MARKET
OPPORTUNITIES FUND USDCLASS COMPOSITEHsbc Management (Guernsey) Ltd
31 May 09 Q $32M
Mar 16
116.49 29 Apr 16 0.20% (2.66%) -0.53% 2.75% 9.19% 8.74% -7.47% 3.74% 5.26% (9.16%)
Feb 11 - Dec 11
HSBC SPECIAL OPPORTUNITIESFUND LTD - USD CLASSHSBC Alternative Investments Limited
28 Feb 07 Q $59MMar 16
134.73 30 Apr 16 0 .91% 3.04% -3.33% 4.75% 13.97% 20.63% -3.5% 3.30% 9.48% (35.45%)Jun 08 - Mar 09
MacroYtd Avg. 2016 (1.17%)
Macro/GlobalYtd Avg. 2016
(1.17%)
MASTERS FUND LTD MAGNOLIASERIESSean M. Doyle
31 Dec 96 Q $248MFeb 16
5,253.97 31 Mar 16 ( 1.61%) (1.17%) 1.11% 1.97% 11.1% 1.49% -0.36% 9.00% 8.36% (9.96%)Jul 98 - Oct 98
Multi-StrategyYtd Avg. 2016 (3.12%)
Multi-Strategy/GlobalYtd Avg. 2016
(3.12%)
DIAMOND NEUTRAL FUND CLASSA1Elchanan Jaglom, Daniel Jaglom
31 Oct 02 Q $118MApr 16
180.99 29 Apr 16 0 .17% (2.68%) 2.62% 1.42% 10.45% 2.61% -1.97% 4.49% 4.13% (14.18%)Jun 08 - Dec 08
1. Max Drawdown: Peak to trough.
Past performance is not a reliable indicator of future performance. HSBC Alternative Investment Group | 37
Source - HSBC
8/15/2019 HSBC Hedge Weekly N22
http://slidepdf.com/reader/full/hsbc-hedge-weekly-n22 38/61
InceptionDate
Liquidity AssetSize
Last NAVor Index
Date MTD YTD 2015 2014 2013 2012 2011 Ann.Return
Ann.Volatility
MaxDrawdown1
Multi-Strategy/GlobalYtd Avg. 2016
(3.12%)
GAM DIVERSITY I INC - US$ CLASSDavid Smith
31 Dec 89 M $284MMar 16
714.19 23 May 16 0.49% (3.30%) -2.38% 0.19% 10.49% 6.67% -3.44% 7.73% 7.76% (19.64%)Jan 94 - Jan 95
GAM TRADING II USDDavid Smith, Arvin Soh
30 Apr 97 M $541MMar 16
344.48 23 May 16 (0.24%) 0.25% 0.46% 4.08% -0.45% 2.83% -4.11% 6.70% 5.73% (7.34%)Apr 13 - Oct 13
HSBC GH FUND USDHSBC Alternative Investments Limited
31 May 96 M $2'042MMar 16
336.34 30 Apr 16 0.42% (2.06%) 3.51% 4.77% 8.51% 5.4% -3.37% 6.28% 6.10% (18.30%)Jun 08 - Dec 08
HSBC LEVERAGED GH FUNDHSBC Republic Investment Limited
30 Nov 04 M $2'042MMar 16
158.34 30 Apr 16 0 .66% (4.92%) 5.03% 7.61% 15.12% 8.72% -8.76% 4.11% 10.89% (37.09%)Jun 08 - Dec 08
HSBC UCITS ADVANTEDGE FUND -USD CLASSHsbc Alternative Inv. Ltd
31 Oct 09 W €204MMar 16
90.88 18 May 16 ( 0.38%) (6.02%) -1.97% -1.57% 7.25% 1.38% -7.51% (1.44%) 3.93% (10.79%)May 15 - May 16
TradingYtd Avg. 2016 6.81%
Trading/GlobalYtd Avg. 2016
6.81%
HSBC TRADING ADVANTEDGEFUNDHSBC Alternative Investments Limited
31 Oct 05 M $62MMar 16
166.76 30 Apr 16 ( 0.42%) 6.81% 3.29% 16.59% - 8.75% - 5.39% -1.62% 4.99% 9.76% (20.93%)Apr 11 - Sep 13
1. Max Drawdown: Peak to trough.
Past performance is not a reliable indicator of future performance. HSBC Alternative Investment Group | 38
Source - HSBC
8/15/2019 HSBC Hedge Weekly N22
http://slidepdf.com/reader/full/hsbc-hedge-weekly-n22 39/61
InceptionDate
Liquidity AssetSize
Last NAVor Index
Date MTD YTD 2015 2014 2013 2012 2011 Ann.Return
Ann.Volatility
MaxDrawdown1
Equity-DiversifiedYtd Avg. 2016 20.38%
Equity-Diversified/EmergingYtd Avg. 2016
20.38%
RUSSIAN PROSPERITY FUND - AAlexander Branis
31 Aug 96 W $796MApr 16
1 54 .9 3 1 9 M ay 1 6 ( 4.1 7%) 2 0. 38 % - 3. 1% - 43 .9 9% 3. 11 % 20 .1 9% - 18 .0 3% 15 .0 8% 4 3. 49% ( 90 .2 6%)Jul 97 - Jan 99
1. Max Drawdown: Peak to trough.
Past performance is not a reliable indicator of future performance. HSBC Alternative Investment Group | 39
Source - HSBC
8/15/2019 HSBC Hedge Weekly N22
http://slidepdf.com/reader/full/hsbc-hedge-weekly-n22 40/61
InceptionDate
Liquidity AssetSize
Last NAVor Index
Date MTD YTD 2015 2014 2013 2012 2011 Ann.Return
Ann.Volatility
MaxDrawdown1
CommodityYtd Avg. 2016 5.44%
Commodity/GlobalYtd Avg. 2016
5.44%
ANDURAND COMMODITIES FUNDPierre Andurand
31 Jan 13 M $1'130MApr 16
1,611.37 30 Apr 16 6.50% 12.67% 4.05% 38.31% 25.02% 24.32% 18.87% (14.92%)Jul 13 - Sep 14
MERCHANT COMMODITY FUND(THE) - COMPOSITEMichael Coleman and Doug King
31 May 04 M $239MApr 16
5 97 .7 2 2 0 M ay 1 6 ( 0.4 0%) 8 .67 % - 3. 23 % 5 9. 33 % 1 5. 77 % - 7. 6% - 30 .0 7% 16 .1 0% 2 1. 67% ( 36 .9 3%)Dec 10 - Oct 11
MERRICKS CAPITAL SOFTCOMMODITIESMerricks Capital Pty Limited
31 Jan 08 M $151MApr 16
167.59 30 Apr 16 1.44% (5.01%) -3.43% 4.06% 8.79% 4.98% 1.85% 6.46% 7.11% (13.39%)May 15 - Mar 16
Commodity-SystematicYtd Avg. 2016 10.19%
Commodity-Systematic/GlobalYtd Avg. 2016
10.19%
ARCTIC BLUEJean-Jacques Duhot
31 Dec 07 M $70MApr 16
214.89 30 Apr 16 1.10% 6.06% 3.88% 4.54% 13.28% 7.6% 2.87% 9.61% 8.71% (12.55%)Jun 13 - Jul 14
ARCTIC BLUE CAPITAL 3XJean-Jacques Duhot
31 May 14 M $65MApr 16
180.49 30 Apr 16 3.40% 19.37% 13.76% 32.91% 36.05% 21.20% (13.02%)Mar 15 - Jun 15
MILLBURN COMMODITYPROGRAMMillburn Ridgefield Corporation
28 Feb 05 M $208MApr 16
235.90 24 May 16 1.61% 5.13% 25.5% 28.09% - 7.65% - 15.24% -5.62% 7.93% 12.50% (30.96%)Apr 11 - Nov 13
CurrencyYtd Avg. 2016 1.86%
Currency/AsiaYtd Avg. 2016
(0.61%)
DYMON ASIA MACRO FUND(SERIES A)
Danny Yong
31 Jul 08 M $3'242MApr 16
172.56 20 May 16 2.85% 3.98% -10.25% 18.75% 5.19% 0.96% 20.11% 7.24% 11.16% (13.69%)Jul 08 - Sep 08
THE CAMBRIDGE STRATEGY -ASIAN MARKETS CURRENCYALPHAAlexandra Edstein
31 Jan 06 M $109MMar 16
171.86 20 May 16 (1.42%) (5.20%) 4.16% 8.72% 1.06% 0.86% 6.36% 5.39% 7.98% (6.96%)May 13 - Apr 14
1. Max Drawdown: Peak to trough.
Past performance is not a reliable indicator of future performance. HSBC Alternative Investment Group | 40
Source - HSBC
8/15/2019 HSBC Hedge Weekly N22
http://slidepdf.com/reader/full/hsbc-hedge-weekly-n22 41/61
InceptionDate
Liquidity AssetSize
Last NAVor Index
Date MTD YTD 2015 2014 2013 2012 2011 Ann.Return
Ann.Volatility
MaxDrawdown1
Currency/GlobalYtd Avg. 2016
3.50%
HARNESS MACRO CURRENCYFUND
Harness Investment Group Ltd
31 Mar 09 D $630MMar 16
1,016.14 24 May 16 0.85% (0.78%) -3.64% 8.27% 3.49% 17.64% -4.62% 5.62% 10.37% (13.52%)Apr 10 - Aug 10
KO-ZHOU FUNDAMENTAL FXFUNDJoe Zhou,
28 Feb 15 M $81MApr 16
111.10 13 May 16 (0.91%) 4.98% 5.83% 9.12% 5.82% (1.35%)Aug 15 - Sep 15
THE CAMBRIDGE STRATEGY -EMERGING MARKETS CURRENCYALPHAAndrew Saunders
31 Jan 08 M $148MMar 16
204.05 20 May 16 (0.09%) 6.30% 7.91% 16.61% -0.3% 7.42% 10.46% 8.96% 8.16% (10.76%)May 13 - Sep 13
DiversifiedYtd Avg. 2016 (2.02%)
Diversified/AsiaYtd Avg. 2016
(1.70%)
ALPHADYNE INVESTMENT
STRATEGIES FUND LTDBart Broadman, Philippe Khuong-Huu
31 Jan 07 M $473M
Apr 16
2,025.11 20 May 16 0.42% 0.75% 2.68% 5.69% 12.15% 7.06% 3.11% 7.88% 4.97% (5.92%)Jan 14 - Jun 14
BREVAN HOWARD ASIA FUNDLIMITEDKaspar Ernst
30 Sep 04 M $2'602MApr 16
249.40 30 Apr 16 (0.11%) (1.57%) 5.19% 3.55% 11.55% 4.41% 8.86% 8.21% 3.74% (2.56%)Jan 16 - Apr 16
GRATICULE ASIA MACRO FUNDAdam Levinson
28 Feb 11 Q $3'540MApr 16
147.09 20 May 16 ( 0.55%) (0.22%) 1.76% -1.21% 17.08% 21.23% 3.3% 7.66% 6.00% (6.81%)May 15 - Feb 16
RV CAPITAL ASIA OPPORTUNITYFUNDRanodeb Roy, RV Capital Management Private Ltd
31 Dec 11 M $203MFeb 16
151.81 30 Apr 16 1.40% 1.96% -0.94% 9.95% 13.06% 20.91% - 10.11% 4.70% (4.45%)May 15 - Feb 16
SINFONIETTA FUNDSymphony Financial Partners
30 Jun 08 M $60MApr 16
156.70 30 Apr 16 0 .48% (9.40%) -5.14% -3.1% 34.5% 7.26% 22.95% 5.79% 14.29% (18.23%)Jun 13 - Mar 16
Diversified/EmergingYtd Avg. 2016
(0.23%)
ALPHA4X CAPITAL GROWTH FUNDManuel E. Mejía-Aoun, Urvish Bidkar
30 Apr 06 M $49MApr 16
162.49 30 Apr 16 ( 0.94%) (10.51%) 10.25% 6.85% - 7.33% 2.54% 11.5% 4.97% 7.94% (14.63%)Jun 13 - Jun 14
FINISTERRE GLOBALOPPORTUNITY FUNDDarren Walker
31 Mar 06 M $1'227MApr 16
233.19 30 Apr 16 1.29% 2.66% 6.37% 11.35% 5.36% 7.75% -5.97% 8.75% 7.04% (18.02%)Jun 08 - Oct 08
GAVEA FUND LTD . CLASS A S/1Fraga Arminio and Gabriel Srour
31 Jul 03 Q $508MApr 16
245.17 20 May 16 2.05% (1.24%) 11.51% -5.31% 2.71% 8.19% -0.35% 7.25% 7.02% (12.50%)Jul 08 - Oct 08
1. Max Drawdown: Peak to trough.
Past performance is not a reliable indicator of future performance. HSBC Alternative Investment Group | 41
Source - HSBC
8/15/2019 HSBC Hedge Weekly N22
http://slidepdf.com/reader/full/hsbc-hedge-weekly-n22 42/61
InceptionDate
Liquidity AssetSize
Last NAVor Index
Date MTD YTD 2015 2014 2013 2012 2011 Ann.Return
Ann.Volatility
MaxDrawdown1
Diversified/EmergingYtd Avg. 2016
(0.23%)
GREEN FUND LLC - CLASS ILuis Stuhlberger
31 Jan 01 M $556MFeb 16
744.49 19 May 16 ( 0.49%) 1.39% 4.69% -3.49% 9.9% 13.55% - 5.7% 13.15% 13.31% (33.00%)Jun 08 - Nov 08
PHARO GAIA FUND, LTDGuillaume Fonkenell and Michael Skarbinski
30 Nov 08 Q $1'127MApr 16
2,413.71 30 Apr 16 2.70% 4.19% 7.94% 17.5% 6.73% 1.1% 8.26% 13.23% 12.59% (14.76%)May 13 - Jun 13
PHARO TRADING FUND, LTDGuillaume Fonkenell
30 Nov 00 M $409MApr 16
5,077.15 3 0 Apr 16 3.65% 4.84% -9.25% 12.47% 19.65% 0.69% -2.68% 11.11% 10.84% (17.68%)Aug 14 - Dec 15
SPINNAKER GLOB OPP FUND, LTDCOMPOSITEJorge Rosas
31 Jan 01 M $856MMar 16
501.04 15 May 16 ( 1.62%) (2.97%) -2.3% 6.64% 1% 14.01% -11.83% 11.11% 10.99% (31.78%)May 08 - Feb 09
Diversified/GlobalYtd Avg. 2016
(2.43%)
ATREAUS OVERSEAS FUND LTDAtreaus Capital LP
30 Apr 12 M $1'310MApr 16
120.02 20 May 16 (1.33%) (3.07%) 12.09% 9.07% 1% 0.27% 4.60% 7.70% (4.11%)Nov 15 - May 16
BREVAN HOWARD FUND, LTD -USD CLASS A
Alan Howard
31 Mar 03 M $16'891MApr 16
297.38 30 Apr 16 ( 0.87%) (1.78%) -1.96% -0.79% 2.68% 3.93% 12.15% 8.68% 6.76% (8.53%)Apr 13 - Apr 16
BTG PACTUAL GLOBAL EM. MKTSAND MACRO FDBTG Pactual Global Asset Management
31 Jan 09 M $331MApr 16
2,758.32 30 Apr 16 0 .70% (2.08%) 5.3% -4.66% 9.65% 28.12% 3.44% 15.02% 7.74% (12.56%)Jun 14 - Jan 15
CAXTON GLOBAL INVESTMENTLTDAndrew E. Law
31 Jan 97 Q $5'986MFeb 16
919.53 24 May 16 ( 1.39%) (0.20%) 3.53% -1.38% 18.16% 1.96% 0.7% 12.17% 7.53% (7.37%)Jun 07 - Aug 07
COMMONWEALTH OPPORTUNITYCAYMAN FUND LTDAdam Fisher
30 Nov 08 M $503MApr 16
222.03 20 May 16 0.30% 0.59% 1.04% 6.19% 5.39% 15.64% 10.75% 11.26% 8.86% (10.38%)Jan 09 - Feb 09
ECLECTICA FUND CLASS A EURO(THE)Hugh Hendry
30 Sep 02 M $66MMar 16
258.20 20 May 16 ( 0.60%) (6.39%) 6.45% 9.48% - 0.01% - 1.72% 12.11% 7.20% 19.89% (31.94%)Feb 08 - Sep 08
EPISODE INC. CLASS ADavid Fishwick / Tony Finding
31 Jul 05 Q $1'111MApr 16
151.40 20 May 16 ( 1.00%) (0.24%) 2.51% 7.77% 6.14% - 4.69% 0.98% 3.91% 10.57% (32.77%)Oct 07 - Feb 09
GAM GLOBAL RATES HEDGEFUNDAdrian Owens
31 Jan 04 M $392MMar 16
225.67 17 May 16 ( 2.51%) (2.60%) 1.72% 4.72% - 0.11% 14.71% -6.73% 6.84% 7.23% (12.25%)Mar 11 - Sep 11
GAMUT INVESTMENTSAdrian Owens
30 Jun 86 M $62MMar 16
8,201.14 24 May 16 ( 0.88%) (1.08%) 0.54% 5.1% - 2.83% 0.29% -0.95% 15.87% 12.89% (13.45%)Dec 87 - Apr 88
GEMSSTOCK FUND - B1 USDAl Breach & Darren Read
30 Nov 10 M $424MApr 16
201.55 30 Apr 16 5.74% 0.38% 12.42% 6.19% 23.95% 48.41% -13.11% 13.81% 15.95% (20.66%)Apr 11 - Sep 11
1. Max Drawdown: Peak to trough.
Past performance is not a reliable indicator of future performance. HSBC Alternative Investment Group | 42
Source - HSBC
8/15/2019 HSBC Hedge Weekly N22
http://slidepdf.com/reader/full/hsbc-hedge-weekly-n22 43/61
InceptionDate
Liquidity AssetSize
Last NAVor Index
Date MTD YTD 2015 2014 2013 2012 2011 Ann.Return
Ann.Volatility
MaxDrawdown1
Diversified/GlobalYtd Avg. 2016
(2.43%)
GRAHAM ABSOLUTE RETURNTRADING LTD
Graham Capital Management, L.P.
31 Dec 04 Q $1'328MApr 16
452.45 24 May 16 0.19% 0.16% 1.32% 10.41% 10.5% 9.29% 4.54% 11.72% 9.66% (13.31%)May 07 - May 08
GRAHAM GLOBAL INVESTMENTFUND II - DISCRETIONARYENHANCED VOL -CLASS - B -Kenneth G. Tropin
31 May 04 Q $2'048MApr 16
238.90 24 May 16 0.06% (0.19%) -0.27% 6.53% 7.57% 7.8% 6.66% 10.00% 10.20% (30.81%)May 07 - Jun 08
GRAHAM GLOBAL INVESTMENTFUND- DISCRETIONARYKenneth G. Tropin
31 May 04 Q $2'048MApr 16
272.17 24 May 16 0.02% (0.21%) -0.35% 3.18% 3.63% 3.83% 3.56% 5.57% 5.11% (14.81%)May 07 - Jun 08
HARMONIC ALPHA PLUS MACROFUND - USD CLASSHarmonic Capital Partners LLP
30 Apr 03 M $96MApr 16
134.92 20 May 16 ( 1.48%) (5.86%) 3.43% 8.27% - 8.34% 23.45% -8.95% 5.11% 11.79% (18.17%)Aug 12 - Feb 14
JPMORGAN INVESTMENT GLOBALMACRO OPPORTUNITIES C (Acc)EURJames Elliot, Shrenick Shah, Talib Sheikh
30 Apr 05 D €2'934MFeb 16
152.14 25 May 16 0.52% (0.07%) 10.43% 13.75% 16.29% 2.71% -5.09% 5.69% 7.38% (21.35%)Oct 07 - Feb 09
LONDON SELECT FUND LIMITEDDavid Gorton
31 Mar 04 M $486MApr 16
166.67 17 May 16 ( 0.62%) (4.68%) -1.32% 2.53% 9.34% 5.37% 0.08% 4.30% 9.21% (34.17%)Jan 08 - Dec 08
MELLON OFF GLOB OPP FUNDLTD - MULTICURRENCY - A1Jeff Zhang
30 Nov 05 M $137MAug 15
1,246.52 29 Apr 16 1 .82% (2.40%) 11.89% -1.12% 1.21% - 2.53% 4.79% 2.14% 8.74% (31.90%)Jan 07 - Oct 08
MKP ENHANCED OPPORTUNITYOFFSHORE, LTDMKP Capital Management, LLC
31 Jul 13 M $748MNov 15
98.58 30 Apr 16 0.51% (2.79%) 0.82% -3.62% 4.36% (0.52%) 7.23% (11.28%)Mar 15 - Mar 16
MKP OPPORTUNITY OFFSHORE,LTDMKP Capital Management, L.L.C.
31 Jul 01 M $2'422MNov 15
298.98 30 Apr 16 0 .34% (1.87%) 0.66% -2.17% 7.11% 6.89% 11.43% 7.70% 5.34% (7.57%)Mar 15 - Mar 16
MLM MACRO PEAK PARTNERSOFFSH FD, LTD - BTimothy Rudderow
31 Mar 02 M $872MApr 16
2 ,57 2. 83 20 M ay 1 6 ( 2.1 0%) ( 6. 24 %) 1 .4 4% 1 3. 66 % 2 3. 84 % - 0. 76 % - 35 .0 4% 6 .9 1% 1 7. 48% ( 36 .9 9%)Dec 10 - May 12
MOORE GLOBAL INV FD, LTD - A $Louis Bacon
31 Dec 89 Q $4'000MFeb 16
5 8, 78 7. 03 1 2 M ay 1 6 ( 0.1 3%) ( 0. 14 %) 3 .4 3% 1 .7 4% 1 7. 02 % 8 .8 2% - 2. 21 % 16 .7 0% 1 1. 38% ( 18 .4 5%)Jan 94 - Feb 95
MOORE MACRO MANAGERSFUND, LTD CLASS -A-Louis Bacon
31 Jul 93 Q $7'500MFeb 16
14,284.59 12 May 16 0.05% (4.45%) 3.12% 5.54% 13.49% 9.01% -2.57% 12.37% 8.10% (14.47%)Jan 94 - Feb 94
ONSLOW MACRO FUND CLASS ANicolas Galperin, Esteban Klein
31 Dec 07 M $113MMay 16
151.95 30 Apr 16 3 .92% 2.46% 8.15% -7.94% 7.16% -6.72% 3.17% 5.11% 13.23% (25.48%)Sep 08 - Oct 08
1. Max Drawdown: Peak to trough.
Past performance is not a reliable indicator of future performance. HSBC Alternative Investment Group | 43
Source - HSBC
8/15/2019 HSBC Hedge Weekly N22
http://slidepdf.com/reader/full/hsbc-hedge-weekly-n22 44/61
InceptionDate
Liquidity AssetSize
Last NAVor Index
Date MTD YTD 2015 2014 2013 2012 2011 Ann.Return
Ann.Volatility
MaxDrawdown1
Diversified/GlobalYtd Avg. 2016
(2.43%)
PHARO MACRO FUND, LTDPharo Team
30 Apr 05 Q $4'229MApr 16
3,254.30 30 Apr 16 2 .51% 1.85% 3.57% 8.23% 18.51% 12.53% -7.83% 11.31% 8.43% (9.64%)Jun 08 - Nov 08
PIMCO ABSOLUTE RETURNSTRATEGY IV OFFSHORE FUND II ,CL. A/1Qi Wang
31 Mar 02 Q $1'672MApr 16
2,524.22 30 Apr 16 1 .30% (1.56%) 4.54% 5.86% - 0.44% 12.01% 1.82% 6.79% 8.04% (25.88%)May 08 - Nov 08
PINPOINT MULTI-STRATEGY FUNDQiang Wang
29 Feb 08 M $275MApr 16
192.40 13 May 16 ( 0.20%) (2.74%) 17.03% 8.37% 4.65% 6.19% -10.43% 8.30% 11.20% (17.36%)Jun 08 - Nov 08
POTOMAC RIVER CAPITALMASTER FUNDMark W. Spindel
28 Feb 11 M $11MApr 16
120.15 20 May 16 ( 0.69%) (6.83%) -9.67% 5.19% 9.3% 5.55% 17.65% 3.57% 10.08% (18.10%)Feb 15 - May 16
PWP GLOBAL MACRO FUNDMaria Vassalou,
30 Sep 13 M $385MApr 16
113.37 30 Apr 16 (1.34%) 1.30% -5.47% 17.22% 1% 4.97% 6.04% (7.18%)Jan 15 - Dec 15
RUBICON GLOBAL FUND, LTDPaul Brewer
31 Oct 99 M $777MApr 16
514.85 20 May 16 ( 0.47%) (7.92%) 5.41% 1.72% 18.27% - 3.89% 5.34% 10.40% 14.97% (36.03%)Dec 04 - May 07
STANDARD LIFE GLOBAL
FOCUSED STRATEGIES (GFS)FUNDStandard Life Investments
31 Dec 13 D €650M
Apr 16
10.20 20 May 16 0.81% (6.18%) 8.32% - 1.12% - 0.20% 5.34% (6.94%)Dec 15 - Apr 16
TT INTERNATIONAL FUNDTacchi Tim
31 Aug 89 M $190MApr 16
6 ,49 1. 05 30 A pr 1 6 ( 0.9 5%) ( 6. 73 %) - 0. 58 % - 8. 57 % 7. 65 % 4 .2 7% - 14 .0 9% 7 .2 0% 1 3. 93% ( 27 .0 5%)Jan 94 - Jan 95
TUDOR B.V.I GLOBAL FUND LTD-A- ALT SERIES 01Paul Tudor Jones
31 Dec 11 Q $8'250MSep 15
130,084.84 20 May 16 (0.42%) (3.06%) 1.42% 3.47% 14.29% 6.27% - 4.94% 6.67% (5.52%)Mar 15 - May 16
TUDOR BVI GLOBAL FUND LTDCLASS -A- SERIES 01 NIPaul Tudor Jones
31 Oct 86 Q $8'250MSep 15
1 25 ,8 46 .3 3 2 0 M ay 1 6 ( 0.4 9%) ( 3. 53 %) 0 .4 5% 2 .6 5% 1 3. 99 % 5 .4 1% 2 .1 7% 17 .7 6% 1 8. 13% ( 17 .0 7%)Apr 92 - Jul 92
TUDOR DISCRETIONARY MACROFUND CLASS I Series 01Multi-PM Platform
30 Jun 12 Q $1'764MSep 15
1,120.17 20 May 16 (0.65%) (4.45%) 0.56% 0.15% 13.2% 2.82% 2.96% 6.75% (9.27%)Jun 13 - Jun 14
Fixed IncomeYtd Avg. 2016 (1.62%)
Fixed Income/GlobalYtd Avg. 2016
(1.62%)
MARKHAM RAE I SUB FUNDChristopher Brandt
30 Sep 11 M $183MApr 16
11.49 20 May 16 1.00% (1.62%) 5.83% 6.89% -6.81% 5.77% 4.71% 3.03% 9.08% (19.31%)May 13 - Jul 14
1. Max Drawdown: Peak to trough.
Past performance is not a reliable indicator of future performance. HSBC Alternative Investment Group | 44
Source - HSBC
8/15/2019 HSBC Hedge Weekly N22
http://slidepdf.com/reader/full/hsbc-hedge-weekly-n22 45/61
InceptionDate
Liquidity AssetSize
Last NAVor Index
Date MTD YTD 2015 2014 2013 2012 2011 Ann.Return
Ann.Volatility
MaxDrawdown1
SystematicYtd Avg. 2016 0.61%
Systematic/Global
Ytd Avg. 2016
0.61%EAGLE QUANTITATIVE MACROEagle Trading Systems Inc.(Menachem Sternberg)
30 Sep 06 M $303MMar 16
168.35 20 May 16 ( 7.67%) (2.67%) -9.39% 11.34% -10.32% 8.57% 4.2% 5.55% 13.63% (22.33%)May 12 - Apr 14
HIGHER MOMENT AURORA FUNDLPRavi Singh
31 Mar 08 M $78MApr 16
160.09 30 Apr 16 (1.27%) 0.30% -4.99% 11.69% 5.5% 9.42% 6.81% 5.99% 6.08% (9.63%)Jun 09 - Aug 09
HIGHER MOMENT CAPITALOPPORTUNITIES, LPRavi Singh
30 Nov 09 M $79MApr 16
459.59 30 Apr 16 ( 0.08%) 4.20% 31.61% 12.47% - 9.29% 38.83% 52.2% 26.82% 22.96% (17.34%)Jan 11 - Mar 11
1. Max Drawdown: Peak to trough.
Past performance is not a reliable indicator of future performance. HSBC Alternative Investment Group | 45
Source - HSBC
8/15/2019 HSBC Hedge Weekly N22
http://slidepdf.com/reader/full/hsbc-hedge-weekly-n22 46/61
InceptionDate
Liquidity AssetSize
Last NAVor Index
Date MTD YTD 2015 2014 2013 2012 2011 Ann.Return
Ann.Volatility
MaxDrawdown1
CurrencyYtd Avg. 2016 2.97%
Currency/GlobalYtd Avg. 2016
2.97%
DACHARAN HIGH EXPOSUREDacharan
30 Apr 08 M $85MApr 16
3 ,61 1. 93 3 0 A pr 1 6 7 .7 1% 1 0. 23 % 1 3. 49% - 0. 62 % - 6.2 3% - 2. 31 % 1 4. 41 % 17 .4 0% 2 4. 09% ( 26 .7 5%)Jul 11 - Aug 14
MAN AHL CURRENCY FUND DNUSDMatthew Sargaison and Emidio Sciulli
31 Jul 93 M $37MMar 16
1 40 .1 8 2 0 M ay 1 6 ( 0.3 5%) ( 7. 40 %) 1 3. 03% 5 8. 05 % - 11. 24 % 1 .1 3% - 20 .4 6% 12 .2 7% 2 3. 78% ( 31 .5 8%)Apr 11 - Jun 12
ORTUS AGGRESSIVE FUND(CAYMAN) LTDJoe Zhou,
29 Feb 04 Q $163MApr 16
3 20 .6 5 1 3 M ay 1 6 ( 3.4 8%) 6 .48 % 0 .8 7% 1 8. 72 % - 30. 11 % - 30. 43 % 1 2. 54 % 10 .0 1% 2 8. 78% ( 62 .8 9%)Jul 08 - Oct 08
ORTUS FUND (CAYMAN) LTDDr Joe Zhou
30 Sep 03 M $94MApr 16
212.57 13 May 16 ( 1.81%) 2.58% -1.06% 7.42% -17.32% - 17.33% 5.7% 6.15% 11.42% (33.53%)Jan 12 - Sep 14
SystematicYtd Avg. 2016 (1.58%)
Systematic/GlobalYtd Avg. 2016
(1.58%)
AHL EVOLUTIONTim Wong , Matthew Sargaison
31 Aug 05 M $1'551MApr 16
1.53 20 May 16 ( 1.80%) 3.27% 3.18% 20.31% 16.91% 23.53% 10.53% 14.45% 12.25% (13.16%)Jun 08 - Oct 08
AHL ALPHATim Wong, Matthew Sargaison
30 Sep 95 M $4'500MMar 16
1.27 20 May 16 ( 2.30%) (1.69%) 1.51% 22.83% - 1.51% - 0.06% -2.76% 12.11% 12.25% (12.29%)Oct 01 - Feb 02
AHL DIVERSIFIEDTim Wong, Matthew Sargaison
29 Feb 96 W $4'600MMar 16
1.39 20 May 16 ( 3.37%) (3.70%) -2.68% 33.79% - 3.05% - 2.23% -5.91% 12.63% 16.57% (19.53%)Oct 01 - Apr 02
ALTIS GLOBAL TREND PORTFOLIOAltis Partners (Jersey) Limited,Zbigniew Hermaszewski
30 Jun 14 D $44MApr 16
110.91 30 Apr 16 (5.76%) (11.12%) 7.87% 15.69% 5.80% 23.14% (18.59%)Feb 16 - Apr 16
ASPECT DIVERSIFIED FUND -CLASS AAnthony Todd
30 Nov 98 W $831MApr 16
406.52 24 May 16 ( 1.30%) (6.06%) 7.88% 32.04% - 4.44% - 10.66% 4.51% 8.35% 16.01% (22.19%)Feb 12 - Mar 14
BH-DG SYSTEMATIC TRADINGFUND LTDBH-DG Systematic Trading LLP
30 Apr 06 D $370MApr 16
182.00 20 May 16 ( 3.89%) (0.43%) -1.43% 10.81% 2.09% - 3.33% 1.83% 6.13% 11.25% (15.21%)Apr 11 - Apr 14
BLUETREND FUND, LTD -USD-CLASS ASystematica Investments Limited
31 Mar 04 M $5'000MApr 16
310.64 20 May 16 ( 2.29%) (2.18%) 3.44% 12.68% - 11.5% 0.02% 0.32% 9.78% 14.23% (22.05%)Apr 11 - Jan 14
1. Max Drawdown: Peak to trough.
Past performance is not a reliable indicator of future performance. HSBC Alternative Investment Group | 46
Source - HSBC
8/15/2019 HSBC Hedge Weekly N22
http://slidepdf.com/reader/full/hsbc-hedge-weekly-n22 47/61
InceptionDate
Liquidity AssetSize
Last NAVor Index
Date MTD YTD 2015 2014 2013 2012 2011 Ann.Return
Ann.Volatility
MaxDrawdown1
Systematic/GlobalYtd Avg. 2016
(1.58%)
BORONIA DIVERSIFIED FUNDMASTER
Richard Grinham and Angus Grinham
31 Aug 93 M $50MMar 16
2 ,08 2. 88 2 4 M ay 1 6 ( 2.9 5%) 3 .52 % - 4. 54 % 1 4. 33 % 1 3. 23 % - 3. 99 % - 8. 75 % 9 .0 0% 1 1. 59% ( 14 .5 6%)Feb 08 - Apr 12
CAMPBELL GLOBAL ASSETS FUNDLTD Class ACampbell & Company
31 Jan 98 M $37MJan 16
4 ,24 2. 95 2 4 M ay 1 6 ( 1.1 6%) ( 6. 55 %) - 2. 97 % 1 9. 84 % 1 2. 57 % 4 .5 2% - 2. 92 % 8 .2 1% 1 3. 27% ( 21 .1 7%)Jun 07 - Jan 10
CAMPBELL GLOBAL ASSETS FUNDLTD Class BCampbell & Company
30 Jun 02 M $37MJan 16
3,762.18 24 May 16 ( 0.70%) (0.31%) 1.34% 14.38% 11.34% 1.84% 1.83% 6.64% 11.46% (22.92%)Jun 07 - Aug 07
CANTAB CAPITAL PARTNERSQUANTITATIVE FUND (THE) - USDARISTARCHUSEwan Kirk, Erich Schlaikjer, Cantab Capital
28 Feb 07 M $2'500MApr 16
1 ,86 4. 31 20 M ay 1 6 ( 1.9 8%) ( 0. 37 %) - 8. 24 % 3 9. 32 % - 27. 65 % 15 .3 2% 1 2. 84 % 7 .1 5% 1 8. 06% ( 34 .8 6%)Apr 13 - Apr 14
CONQUEST MACRO FUND, LTD(COMP)Marc Malek
30 Apr 99 M $199MFeb 16
2,394.47 24 May 16 0 .75% 14.53% 2.28% 4.21% - 6.62% - 33.44% -6.08% 5.25% 20.22% (56.11%)Jul 09 - Mar 13
CRABEL FUND SPC LTD CLASS AToby Crabel
28 Feb 98 M $565MMar 16
6,273.39 20 May 16 ( 1.16%) 9.20% -1.74% 8.67% 2.2% 15.53% -1.93% 10.59% 15.46% (16.71%)Oct 98 - Jun 99
DB PLATINUM IV DBX SYSTEMATICALPHA INDEX FUND - CLASS I1CUDB Platinum Advisors
30 Jun 10 W $2'374MMay 16
127.44 18 May 16 ( 1.32%) (3.69%) -0.06% 14.41% 6.63% - 3.96% 4.85% 4.20% 8.23% (7.88%)Mar 15 - May 16
DB PLATINUM IV MW HELIUMMarshall Wace LLP / Philippe Azoulay
31 Jan 12 D $126MApr 16
90.97 23 May 16 0.78% (7.49%) -3.27% 21.93% 6.14% 4.09% 4.43% 10.32% (17.98%)Mar 15 - Apr 16
DISCUS FEEDER LTD CL. B USDSTANDARD LEVERAGETeam managed
31 Dec 90 M $280MApr 16
1 ,22 8. 64 20 M ay 1 6 ( 2.6 5%) ( 2. 50 %) 8 .3 6% 1 5. 4% - 10. 32 % - 13. 88 % 2 1. 95 % 10 .6 1% 1 5. 55% ( 34 .5 6%)Jun 94 - Oct 95
DUNN WMA FUND SADunn Capital Management LLP
31 Dec 10 M $233MApr 16
1 67 .7 7 30 A pr 1 6 ( 3.3 3%) ( 0. 94 %) 9 .6 6% 3 5. 08 % 3 3. 42 % - 18. 27 % 4 .8 5% 10 .1 9% 2 5. 22% ( 27 .3 8%)Aug 11 - Oct 12
DUNN WMA INSTITUTIONAL UCITS
FUNDDunn Capital Management LLP
31 Aug 11 D $76M
Oct 15
136.96 24 May 16 0.36% (0.59%) 9.14% 24.18% 33.48% - 20.2% -4.56% 6.87% 18.95% (27.86%)
Aug 11 - Oct 12
EAGLE GLOBALMenachem Sternberg
30 Sep 95 M $390MApr 16
7 04 ,3 76 .7 3 2 0 M ay 1 6 ( 12. 14 %) ( 10 .80 %) - 9. 55 % - 1. 04 % - 15. 88 % 8 .1 % 8 .8 2% 9 .9 1% 2 2. 79% ( 37 .8 2%)Apr 13 - May 16
FORT GLOBAL CONTRARIANYves Balcer, Sanjiv Kumar
30 Sep 02 D $1'350MMay 16
4 ,13 8. 06 2 0 M ay 1 6 ( 0.1 9%) ( 1. 88 %) - 1. 34 % 1 2. 36 % 1. 62 % 2 .8 3% 2 8. 7% 10 .9 7% 1 1. 38% ( 17 .4 2%)Mar 08 - Oct 08
FORT GLOBAL DIVERSIFIEDYves Balcer, Sanjiv Kumar
30 Sep 93 W $360MMay 16
2,587.62 20 May 16 ( 2.35%) 3.50% -3.2% 19.02% - 4.67% 7.12% 39.95% 15.44% 18.70% (26.55%)May 99 - Sep 00
1. Max Drawdown: Peak to trough.
Past performance is not a reliable indicator of future performance. HSBC Alternative Investment Group | 47
Source - HSBC
8/15/2019 HSBC Hedge Weekly N22
http://slidepdf.com/reader/full/hsbc-hedge-weekly-n22 48/61
InceptionDate
Liquidity AssetSize
Last NAVor Index
Date MTD YTD 2015 2014 2013 2012 2011 Ann.Return
Ann.Volatility
MaxDrawdown1
Systematic/GlobalYtd Avg. 2016
(1.58%)
GRAHAM GIF II PROPRIETARYMATRIX SP SIES A
Kenneth G. Tropin
30 Jun 99 M $845MApr 16
370.38 24 May 16 ( 1.10%) (3.61%) 0.27% 15.91% 13.72% - 0.07% -9.85% 8.05% 11.90% (17.90%)Apr 11 - Nov 12
GRAHAM GLOBAL INVESTMENTFUND II - K4D-10VKenneth G. Tropin
31 Jan 95 M $2'744MApr 16
4 10 .1 3 2 4 M ay 1 6 ( 1.9 6%) ( 5. 95 %) 0 .3 4% 1 7. 71 % 1 0. 04 % - 4. 91 % - 13 .1 2% 6 .8 4% 1 2. 08% ( 20 .7 0%)Apr 11 - Nov 12
GRAHAM GLOBAL INVESTMENTFUND II - K4D-15V - COMPOSITEKenneth G. Tropin
31 Dec 00 M $2'744MApr 16
263.53 24 May 16 ( 2.92%) (8.34%) 1% 27.43% 15.25% - 7.15% -18.64% 9.90% 18.82% (29.84%)Feb 04 - Apr 05
GRAHAM GLOBAL INVESTMENTFUND TACTICAL TREND S/AGraham Capital Management, L.P.
30 Sep 06 W $5'799MApr 16
230.14 24 May 16 ( 2.30%) (6.39%) 5.13% 22.4% 8.44% 4.21% - 0.1% 9.02% 10.50% (10.54%)May 15 - May 16
GSA TREND FUNDJonathan Hiscock, Pavel Zhlobich &David Khabie-Zeitoune
31 Aug 13 D $992MMar 16
152.19 20 May 16 (3.04%) (2.60%) 14.91% 32.59% 2.55% 16.69% 15.03% (9.97%)Feb 16 - May 16
ISAM SYSTEMATIC TREND FUND
CLASS QISAM Systematic Management
31 May 01 M $786M
Apr 16
6 21 .4 5 2 0 M ay 1 6 ( 2.3 6%) ( 6. 00 %) 1 5. 06% 6 1. 95 % - 10. 66 % - 17. 47 % - 2. 74 % 12 .9 7% 1 8. 68% ( 34 .7 9%)
Feb 11 - Sep 13
KEYNES LEVERAGEDQUANTITATIVE STRATEGIES FUNDCLASS B SERIE 2Sushil Wadhwani,
31 Dec 04 W $312MApr 16
111.02 20 May 16 ( 4.25%) (3.45%) 2.28% 15.91% - 3.01% 7.19% -4.95% 7.38% 12.08% (12.69%)Mar 15 - May 16
LYNX (BERMUDA) LTDJonas Bengtsson, Svante Bergstrom,Martin Sandquist
30 Apr 00 M $2'648MApr 16
5 ,51 3. 39 24 M ay 1 6 ( 4.7 9%) ( 0. 08 %) - 8. 73 % 2 7. 03 % 11 .1 % - 6. 71 % - 2. 25 % 11 .2 0% 1 4. 33% ( 16 .9 5%)Mar 15 - May 16
LYNX BERMUDA 1.5 LTDJonas Bengtsson, Svante Bergstrom,Martin Sandquist
30 Apr 08 M $382MApr 16
1 86 .2 4 2 4 M ay 1 6 ( 7.1 8%) ( 0. 40 %) - 13 .7 6% 4 2. 18 % 16 .7 % - 10. 82 % - 4. 08 % 8 .0 1% 2 2. 43% ( 25 .2 8%)Mar 15 - May 16
MILLBURN DIVERSIFIEDPROGRAMMillburn Ridgefield Corporation
31 Jan 77 M $849MFeb 16
23,977.60 24 May 16 0.32% 5.66% 5.57% 17.65% - 6.02% - 5.5% -6.39% 14.95% 17.90% (25.65%)May 89 - Oct 89
QMS DIVERSIFIED GLOBALMACROQMS CAPITAL MANAGEMENT LP
31 May 10 M $2'690MApr 16
175.01 30 Apr 16 ( 2.34%) (0.54%) 2.65% 17.14% 22.88% 11.04% 1.5% 9.91% 12.06% (11.27%)Dec 13 - Jul 14
ROY G. NIEDERHOFFERDIVERSIFIED OFFSHORE FUNDR. G. Niederhoffer Capital Management, Inc.
31 Aug 95 M $803MApr 16
306.53 25 May 16 ( 2.70%) 6.94% 4.22% 14.86% 9.31% - 22.39% -16.7% 5.55% 18.77% (52.73%)Nov 08 - Oct 12
1. Max Drawdown: Peak to trough.
Past performance is not a reliable indicator of future performance. HSBC Alternative Investment Group | 48
Source - HSBC
8/15/2019 HSBC Hedge Weekly N22
http://slidepdf.com/reader/full/hsbc-hedge-weekly-n22 49/61
InceptionDate
Liquidity AssetSize
Last NAVor Index
Date MTD YTD 2015 2014 2013 2012 2011 Ann.Return
Ann.Volatility
MaxDrawdown1
Systematic/GlobalYtd Avg. 2016
(1.58%)
SMN DIVERSIFIED FUTURES FUNDSMN Investment Services GmbH
31 Oct 96 W $68MFeb 16
302.84 20 May 16 ( 1.23%) (6.78%) 0.9% 57.24% - 5.95% - 20.11% -7.77% 7.57% 19.13% (37.70%)Dec 08 - Sep 13
SOLAISE SYSTEMATIC FUND LTD (S Class)Ali Nejjar
31 May 11 M $350MMay 16
100.54 20 May 16 ( 1.00%) (10.17%) 3.18% 12.26% 1.84% - 0.15% -4.97% 0.11% 12.04% (13.98%)Mar 15 - May 16
TEWKSBURY INVESTMENT FUND,LTD - BMatthew Tewksbury
31 Dec 90 M $2'224MApr 16
19,686.59 20 May 16 (3.00%) 6.71% 3.21% 7% 7.57% 3.53% 4.55% 12.45% 4.95% (7.75%)Jun 07 - Aug 07
TRADELINK INTEGRATEDPROGRAM LTDAlex Brockmann
31 Dec 93 M $132MApr 16
2 ,60 5. 42 20 M ay 1 6 ( 2.7 0%) ( 3. 79 %) - 6. 78 % 2 2. 7% 7. 76 % - 6. 33 % - 21 .2 7% 15 .6 7% 2 1. 82% ( 36 .5 3%)May 03 - Jan 05
TULIP TREND FUND, LTD - AProgressive Capital Partners Ltd
31 Mar 03 M $315MMar 16
4 ,53 0. 40 20 M ay 1 6 ( 9.3 7%) ( 0. 84 %) - 8. 81 % 3 6. 15 % - 0.0 1% 4 .8 9% - 20 .9 3% 12 .1 8% 2 7. 46% ( 34 .2 5%)Feb 09 - Jan 10
TWO SIGMA COMPASS CAYMANFUNDTwo Sigma Investments, LP
31 Jul 09 M $862MMar 16
2,786.43 30 Apr 16 0 .61% 7.50% 15.02% 25.56% 14.07% 4.23% 2.33% 16.38% 8.77% (9.85%)Apr 11 - Sep 11
WELTON GLOBAL DIRECTIONALPORTFOLIOWelton Investment Partners
31 May 04 M $133MApr 16
226.49 23 May 16 ( 3.50%) 2.31% -1.91% 34.01% - 5.73% - 8.12% -14.44% 7.06% 14.10% (33.18%)Feb 11 - Sep 13
WINTON EVOLUTION FUNDDavid Harding
31 Aug 05 M $358MApr 16
1 ,66 9. 30 2 5 M ay 1 6 ( 2.3 7%) ( 6. 22 %) 0 .7 4% 1 7. 26 % 1 4. 56 % - 8. 31 % 3 .8 3% 4 .8 9% 1 1. 07% ( 14 .6 1%)Jun 08 - Jul 09
WINTON FUTURES FUNDDavid Harding
30 Sep 97 M $13'418MApr 16
989.51 25 May 16 ( 1.96%) (4.11%) 0.93% 13.87% 9.4% - 3.56% 6.29% 13.07% 16.35% (25.08%)Oct 01 - Feb 02
1. Max Drawdown: Peak to trough.
Past performance is not a reliable indicator of future performance. HSBC Alternative Investment Group | 49
Source - HSBC
8/15/2019 HSBC Hedge Weekly N22
http://slidepdf.com/reader/full/hsbc-hedge-weekly-n22 50/61
InceptionDate
Liquidity AssetSize
Last NAVor Index
Date MTD YTD 2015 2014 2013 2012 2011 Ann.Return
Ann.Volatility
MaxDrawdown1
DiscretionaryYtd Avg. 2016 (3.96%)
Discretionary/Asia
Ytd Avg. 2016
(16.04%)AMAZON MARKET NEUTRAL FUNDCLASS A USDPhilip King
31 Aug 05 M $266MApr 16
4 48 .0 0 30 A pr 1 6 ( 0.7 9%) ( 16 .04 %) 2 6. 27% 1 1. 2% 7. 34 % 1 .8 5% 1 1. 56 % 15 .0 9% 1 2. 02% ( 20 .2 0%)Jun 08 - Dec 08
Discretionary/EuropeYtd Avg. 2016
(8.35%)
OYSTER MARKET NEUTRAL EURSyz Asset Management S.A.
31 Jul 09 W €261MMar 15
167.42 24 May 16 0.64% (8.35%) 5.18% -0.18% 10.72% 6.4% -6.15% 1.62% 4.51% (8.93%)Dec 15 - Apr 16
Discretionary/GlobalYtd Avg. 2016
0.94%
BLACK DIAMOND RELATIVE VALUELTD -C-ShsClint Carlson
31 Jul 99 Q $805MMay 16
319.81 20 May 16 0.96% (1.81%) -3.82% 1.57% 8.26% 9.2% -4.11% 7.16% 5.48% (10.73%)Jul 14 - Mar 16
MARSHALL WACE - MW MARKET
NEUTRAL TOPS A USDAnthony Clake.
31 Oct 07 M $1'159M
May 16
194.26 24 May 16 1.95% 3.86% 19% 13.34% 18.78% 15.02% 3.18% 8.06% 6.37% (15.98%)
Jun 08 - Nov 08
MLIS - MARSHALL W. TOPS UCITSFUND (MKT NTRL)Marshall Wace LLP
31 Dec 07 D $3'309MApr 16
139.94 2 4 May 16 0.65% 0.76% 7.97% 6.39% 7.58% 6.07% 3.46% 4.08% 4.29% (11.63%)Jun 08 - Oct 08
Discretionary/JapanYtd Avg. 2016
(5.96%)
EQUILIBRIA JAPAN FUND LTD 1XUSDJames Pulsford, Sara Gardiner-Hill
30 Apr 02 M $187MApr 16
242.61 2 0 May 16 0.29% (3.91%) 1.95% 4.6% 9.16% -3.55% -0.13% 6.50% 4.57% (7.20%)Jul 11 - Dec 12
EQUILIBRIA JAPAN FUND LTD 2X(USD)James Pulsford, Sara Gardiner-Hill
30 Apr 09 M $337MApr 16
153.71 2 0 May 16 0.54% (8.02%) 3.19% 9.46% 19.7% -6.6% -0.5% 6.28% 8.59% (13.42%)Jul 11 - Dec 12
Discretionary/UKYtd Avg. 2016
(1.06%)
ABSOLUTE INSIGHT UK EQUITYMKT NEUTRAL FUND-CLASS B2PGBPAndrew Cawker, Iain Brown, Richard Howarth
31 Mar 08 D £783MSep 15
1.23 25 May 16 0.43% (0.54%) 1.69% 0.6% 2.8% 3.49% 2.3% 2.49% 1.40% (1.82%)Feb 14 - May 14
SCHRODER CAZENOVE UKABSOLUTE TARGET FUND - P2GBPSteven Cordell
30 Jun 08 D £262MAug 15
124.60 25 May 16 ( 0.56%) (1.58%) 5.24% -3.98% 10.09% 4.08% 11.24% 2.82% 4.88% (9.96%)Sep 09 - Dec 10
1. Max Drawdown: Peak to trough.
Past performance is not a reliable indicator of future performance. HSBC Alternative Investment Group | 50
Source - HSBC
8/15/2019 HSBC Hedge Weekly N22
http://slidepdf.com/reader/full/hsbc-hedge-weekly-n22 51/61
InceptionDate
Liquidity AssetSize
Last NAVor Index
Date MTD YTD 2015 2014 2013 2012 2011 Ann.Return
Ann.Volatility
MaxDrawdown1
DiversifiedYtd Avg. 2016 4.56%
Diversified/Global
Ytd Avg. 2016
4.56%RENAISSANCE INSTITUTIONALDIVERSIFIED ALPHA FUND INTL.L.P.,ARenaissance Technologies LLC
28 Feb 12 M $2'512MMar 16
143.96 20 May 16 1.64% 4.56% 16.23% 11.39% 7.07% -0.67% 9.00% 11.17% (8.40%)Mar 13 - Sep 13
Equity DiversifiedYtd Avg. 2016 (4.37%)
Equity Diversified/AsiaYtd Avg. 2016
(6.78%)
BLACKROCK PAN ASIAOPPORTUNITIES FUND LTD CLASSBJeff Shen, Ryan Kim, Ryan LaFond,Jan Bratteberg
31 Jul 10 M $723MApr 16
119.18 1 3 May 16 0.74% (7.70%) -1.91% 3.78% 7.13% 2.92% 9.6% 3.08% 5.83% (12.85%)Jul 15 - Apr 16
MACQUARIE ASIAN ALPHA FUNDNick Bird
30 Sep 05 M $1'300MApr 16
1,762.59 13 May 16 0.40% (5.86%) -8.11% 10.4% 9.04% 4.41% 9.11% 7.11% 6.42% (14.79%)May 15 - Apr 16
Equity Diversified/EuropeYtd Avg. 2016
(4.35%)
BLACKROCK EUROPEANDIVERSIFIED EQUITY A.R.F -SHARE CLASS DRobert Fisher/Simon Weinberger
30 Sep 10 D €612MSep 15
129.75 25 May 16 (0.18%) (3.58%) 5.2% 4.9% 16.13% -0.35% -4.05% 4.15% 5.42% (13.12%)Mar 11 - May 12
GAM TALENTUM ENHANCEDEUROPE LONG/SHORT - A -Gianmarco Mondani / Roberto Cantaluppi / Paolo Longinotti
30 Nov 04 M €337MApr 16
289.94 20 May 16 1.74% (6.91%) 18.3% 3.54% 15.83% 16.66% 2.91% 9.72% 8.80% (25.03%)Jun 08 - Apr 09
GLG EUROPEAN EQUITYALTERNATIVE Class IN EURPierre Lagrange, Simon Savage, Neil Mason
30 Jun 11 D $912MMar 16
112.97 20 May 16 0.17% (2.83%) 6.91% -6.26% 7.23% 6.19% 1.87% 2.52% 4.85% (10.37%)Feb 14 - Oct 14
MACQUARIE EUROPEAN ALPHAFUND - CLASS ANick Bird, Andrew Alexander
31 Jul 12 M $734MApr 16
130.15 3 0 Apr 16 (2.03%) (4.09%) 5.04% 9.62% 12.78% 5.11% 7.44% 4.58% (4.57%)Jan 16 - Apr 16
Equity Diversified/GlobalYtd Avg. 2016
(2.00%)
MITRA CAPITAL MASTER FUND LPDavid Lander
30 Sep 12 Q $69MMar 16
142.39 31 Mar 16 1.60% (6.33%) 43.43% -12.55% 17.04% 3.55% 10.62% 21.13% (20.68%)Feb 14 - Dec 14
1. Max Drawdown: Peak to trough.
Past performance is not a reliable indicator of future performance. HSBC Alternative Investment Group | 51
Source - HSBC
8/15/2019 HSBC Hedge Weekly N22
http://slidepdf.com/reader/full/hsbc-hedge-weekly-n22 52/61
InceptionDate
Liquidity AssetSize
Last NAVor Index
Date MTD YTD 2015 2014 2013 2012 2011 Ann.Return
Ann.Volatility
MaxDrawdown1
Equity Diversified/GlobalYtd Avg. 2016
(2.00%)
TWO SIGMA ABSOLUTE RETURNCAYMAN FUND LTD
Two Sigma Advisers, LP
31 Oct 11 M $1'062MMar 16
1,517.58 30 Apr 16 0 .43% 2.33% 14.99% 10.09% 11.25% 4.03% 1.23% 9.71% 4.94% (3.30%)Jun 13 - Aug 13
Multi-StrategyYtd Avg. 2016 0.86%
Multi-Strategy/AsiaYtd Avg. 2016
0.91%
LIM ASIA MULTI-STRATEGY FUNDCLASS AGeorge W. Long
31 Dec 95 Q $970MApr 16
39.93 20 May 16 0.48% 0.91% 1.77% 4.12% 5.63% 3.57% -0.23% 7.02% 5.59% (15.79%)Feb 08 - Nov 08
Multi-Strategy/GlobalYtd Avg. 2016
0.81%
HUDSON BAY INTERNATIONALFUND LTDHudson Bay Capital Management LP
31 May 06 Q $2'204MMar 16
229.00 30 Apr 16 0.19% 0.81% -1.91% -2.08% 7.9% 11.37% 4.31% 8.71% 4.94% (6.11%)Feb 14 - Nov 15
Statistical ArbitrageYtd Avg. 2016 (0.87%)
Statistical Arbitrage/GlobalYtd Avg. 2016
(0.87%)
A.R.T. INTERNATIONAL INVESTOR(BVI) LtdAaron Sosnick
28 Feb 07 Q $841MApr 16
248.46 18 May 16 (0.93%) 1.23% 3.11% 9.83% 4.91% 5.67% 7.88% 10.37% 7.14% (10.48%)Jul 07 - Aug 07
GSA INTERNATIONAL FUND -CLASS ADavid Khabie-Zeitoune
28 Feb 05 Q $793MApr 16
285.93 20 May 16 1.66% (2.96%) 11.41% 12.14% 13.28% 3.64% 15.2% 9.81% 4.40% (11.91%)Jun 08 - Sep 08
SystematicYtd Avg. 2016 (4.10%)
Systematic/Europe
Ytd Avg. 2016
(3.64%)BLACKROCK EOS CLASS B USDCOMPOSITERobert Fisher, Simon Weinberger
28 Feb 02 M $431MApr 16
1,561.87 24 May 16 ( 0.76%) (3.64%) 5.08% 6.55% 20.08% 3.49% -3.11% 8.80% 8.19% (14.33%)Jul 07 - Jan 08
Systematic/GlobalYtd Avg. 2016
(4.26%)
BLACKROCK 32 CAPITAL MASTERFUND SPC, LTD (THE) - B/1Raffaele Savi and Ken Kroner
31 J ul 0 2 M/ Q $1 '0 47 MMar 16
2,079.91 30 Apr 16 ( 1.68%) (7.40%) 6.35% -0.67% 8.02% 9.41% 24.92% 5.47% 7.43% (25.15%)Jun 08 - Sep 09
1. Max Drawdown: Peak to trough.
Past performance is not a reliable indicator of future performance. HSBC Alternative Investment Group | 52
Source - HSBC
8/15/2019 HSBC Hedge Weekly N22
http://slidepdf.com/reader/full/hsbc-hedge-weekly-n22 53/61
InceptionDate
Liquidity AssetSize
Last NAVor Index
Date MTD YTD 2015 2014 2013 2012 2011 Ann.Return
Ann.Volatility
MaxDrawdown1
Systematic/GlobalYtd Avg. 2016
(4.26%)
BLUEMATRIX FUND CLASS -A-USD
Systematica Investments Limited
31 Oct 07 M $774MFeb 16
169.02 20 May 16 1.20% (4.18%) 7.9% 10.4% 12.57% -2.49% -1.42% 6.32% 7.02% (9.96%)Apr 11 - Sep 11
DACHARAN EQUITY FUNDDacharan
31 Dec 13 M $53MApr 16
1,273.99 30 Apr 16 (4.83%) (1.19%) 9.66% 19.88% - 11.88% 10.48% (6.62%)Jan 15 - Jun 15
1. Max Drawdown: Peak to trough.
Past performance is not a reliable indicator of future performance. HSBC Alternative Investment Group | 53
Source - HSBC
8/15/2019 HSBC Hedge Weekly N22
http://slidepdf.com/reader/full/hsbc-hedge-weekly-n22 54/61
InceptionDate
Liquidity AssetSize
Last NAVor Index
Date MTD YTD 2015 2014 2013 2012 2011 Ann.Return
Ann.Volatility
MaxDrawdown1
Merger-ArbitrageYtd Avg. 2016 2.26%
Merger-Arbitrage/Global
Ytd Avg. 2016
2.31%ABRAX MERGER ARBITRAGE S.G.FUNDPuzzle Capital, Xavier Robinson
30 Apr 11 M $82MApr 16
186.05 30 Apr 16 ( 4.22%) 2.78% 22.74% 2.63% 12.2% 12.04% 14.32% 13.20% 10.46% (11.84%)May 12 - Oct 12
GLAZER ENHANCED OFFSHOREFUND LTDPaul Glazer
31 Dec 98 M $473MMay 16
1,252.42 20 May 16 0.49% 2.96% 11.78% 5.91% 5.56% 5.34% 8.94% 15.64% 5.93% (5.77%)Oct 07 - Dec 07
LION FUND, LTD (THE)Nick Walker
31 Jan 96 M $32MApr 16
37.89 30 Apr 16 3.21% 1.18% 8.52% -8.29% -5.17% 2.36% 4.6% 6.72% 9.43% (34.07%)Oct 07 - Feb 09
Merger-Arbitrage/USAYtd Avg. 2016
2.12%
GABELLI ASSOCIATES LIMITEDMario Gabelli
31 Aug 89 M $138MApr 15
646.00 2 0 May 16 0.42% 2.12% 3.14% 2.09% 3.12% 2.55% 3.03% 7.23% 3.20% (6.65%)Oct 07 - Oct 08
1. Max Drawdown: Peak to trough.
Past performance is not a reliable indicator of future performance. HSBC Alternative Investment Group | 54
Source - HSBC
8/15/2019 HSBC Hedge Weekly N22
http://slidepdf.com/reader/full/hsbc-hedge-weekly-n22 55/61
InceptionDate
Liquidity AssetSize
Last NAVor Index
Date MTD YTD 2015 2014 2013 2012 2011 Ann.Return
Ann.Volatility
MaxDrawdown1
CreditYtd Avg. 2016 (1.12%)
Credit/Europe
Ytd Avg. 2016
(1.68%)CHENAVARI MULTI STRATEGYCREDIT FUND - MS2 €Chenavari Investment Managers
31 Jan 12 M $513MMar 16
134.58 31 Mar 16 0.71% (5.41%) 2.48% 7.89% 20.57% 6.72% 7.39% 4.32% (6.69%)May 15 - Feb 16
NUMEN CREDIT OPPORTUNITIESFUNDFilippo Lanza
31 Oct 08 M €195MApr 16
448.16 30 Apr 16 ( 0.83%) 2.04% 1.79% 1.59% 12.47% 25.15% - 9.8% 22.14% 16.49% (16.68%)Oct 10 - Jan 12
Credit/GlobalYtd Avg. 2016
0.01%
CANYON BALANCED FUND LTDM.R. Julis & J.S. Friedman
31 May 04 Q $1'413MApr 16
3,278.91 30 Apr 16 2 .05% 0.01% -8.4% 6.16% 19.99% 20.52% -4.57% 10.47% 9.91% (30.14%)Oct 07 - Nov 08
DiversifiedYtd Avg. 2016 0.03%
Diversified/Asia Ytd Avg. 20161.76%
PHALANX JAPAN AUSTRALASIAMULTI-STRATEGY FUND LTDChristopher S. McGuire
31 Mar 05 Q $43MMar 16
1 ,44 0. 80 31 Ma r 1 6 0.7 3% 3 .17 % 1 0. 23% - 12 .8 7% 1 2. 82 % 11 .4 8% 4 .7 9% 27 .4 2% 2 5. 19% ( 30 .1 3%)Apr 06 - Mar 07
SEGANTII ASIA-PACIFIC EQUITYMULTI-STRATEGY FUNDSimon Sadler & Kurt Ersoy
30 Nov 07 M $1'723MApr 16
379.10 20 May 16 ( 0.95%) 0.36% 29.51% 34.88% - 1.68% 4.81% 40.75% 17.02% 9.90% (10.16%)May 13 - Mar 14
Diversified/EmergingYtd Avg. 2016
5.29%
SPINNAKER GLOBAL EMERGINGMARKETS FUND, LTDAlexis Habib
30 Jun 99 Q $950MMar 16
2,175.10 15 May 16 1.24% 5.29% 7.08% -3.57% 3.4% 20.68% -9.29% 20.00% 11.56% (33.18%)May 08 - Feb 09
Diversified/GlobalYtd Avg. 2016
(0.26%)
AHL DIMENSIONTim Wong, Nick Granger
30 Jun 06 M $4'600MMar 16
1.04 20 May 16 (0.81%) (0.69%) 6.94% 16.33% 2.64% 2.6% -5.83% 5.92% 9.04% (10.63%)Dec 08 - Jan 10
ARROWGRASS MASTER FUNDNick Niell , Henry Kenner
31 Jan 08 Q €4'405MApr 16
173.70 20 May 16 1.00% (1.30%) 6.13% 2.89% 8.58% 5.6% 0.12% 6.87% 4.11% (3.99%)Apr 11 - Sep 11
ATLAS ENHANCED FUND LTDDmitry Balyasny
28 Feb 11 M $7'300MMar 16
149.47 20 May 16 0.55% (3.75%) 5.93% 13.73% 20.85% 12.61% -5.28% 7.99% 7.91% (13.44%)Jul 11 - Apr 12
1. Max Drawdown: Peak to trough.
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InceptionDate
Liquidity AssetSize
Last NAVor Index
Date MTD YTD 2015 2014 2013 2012 2011 Ann.Return
Ann.Volatility
MaxDrawdown1
Diversified/GlobalYtd Avg. 2016
(0.26%)
ATLAS GLOBAL INVESTMENTSLTD UNRESTRICTED
Dmitry Balyasny
31 Dec 03 M $3'600MMar 16
3,897.72 20 May 16 0.30% (2.94%) 2.45% 7.2% 12.94% 4.84% 4.76% 11.60% 8.00% (12.51%)Jun 04 - Aug 04
BLACK DIAMOND, LTD - CLASS B(UNRESTRICTED)Clint D. Carlson
31 Dec 95 Q $73MMay 16
340.06 20 May 16 2.74% 0.96% -0.89% 4.91% 6.18% 10.23% -2.13% 6.18% 4.05% (18.64%)Aug 08 - Dec 08
BLACKROCK MULTI-STRATEGYFUND LTD - CLASS AMatt McBrady
30 Apr 05 M $1'030MApr 16
1,535.54 30 Apr 16 ( 0.24%) (3.35%) 1.67% 2.07% 7.04% 7.86% 2.43% 3.97% 5.26% (13.96%)Jun 08 - Dec 08
BLACKROCK CAPITALSTRUCTURE INVESTMENTS FUNDLTDChad Meuse, Benoy Thomas
31 Dec 08 M $436MMar 16
132.65 30 Apr 16 ( 2.76%) (5.39%) 12.3% -5.21% 7.19% 3.74% 22.94% 3.93% 9.06% (13.18%)Feb 14 - Jun 15
BOUSSARD & GAVAUDANHOLDING LTD ordinary sharesEmmanuel Gavaudan
31 Oct 06 D €515MApr 16
21.85 23 May 16 1.30% 5.80% 15.65% 6.85% 13.6% 9.45% -2.58% 8.51% 6.70% (20.69%)May 07 - Sep 08
BREVAN HOWARD M/S FUND, LTD – CL. A/USDAlan Howard
29 Feb 08 M $2'187MApr 16 126.86 30 Apr 16 (0.81%) (0.29%) -2.39% 1.13% 0.91% 4.61% 5.2% 2.95% 4.62% (6.29%)Feb 08 - Sep 08
BRUMMER MULTISTRATEGY 2XL,LTD - C -Klaus Jäntti, Patrik Brummer
30 Apr 09 M $1'415MApr 16
1,372.77 13 May 16 ( 0.40%) (7.53%) 2.5% 1.86% 15.02% 3.57% 1.02% 4.60% 7.50% (12.92%)Mar 15 - May 16
CQS DIRECTIONAL OPP. FEEDERFUND. Ltd – A NI USDMichael Hintze
31 Jul 05 Q $3'009MApr 16
4 ,92 4. 65 3 0 A pr 1 6 3 .2 3% 1 1. 55 % - 7. 97 % 3 .1 2% 1 5. 97 % 35 .8 7% - 10 .4 2% 15 .9 8% 1 4. 07% ( 24 .5 8%)Apr 11 - Sep 11
CQS DIVERSIFIED FUND (SPC) LTDALPHA CLASS B USDJames Peattie & Peter Warren
28 Feb 07 Q $1'366MApr 16
1,698.86 30 Apr 16 2 .03% 2.66% -2.63% 1.18% 5.99% 11.4% -3.45% 5.94% 6.48% (14.78%)Jun 08 - Dec 08
DOUBLE BLACK DIAMOND LTD -SERIES A (UNRESTRICTED)Clint Carlson
31 Mar 98 Q $2'864MMay 16
435.87 20 May 16 2.02% 1.58% 0.64% 4.45% 7.74% 10.94% -2.67% 8.45% 5.25% (19.30%)Aug 08 - Dec 08
GLG MARKET NEUTRAL FUND -CLASS Z USD UnresSteve Roth
31 Dec 97 M $589MMar 16
876.56 20 May 16 1.10% 1.68% -0.23% -7.43% 10.3% 18.4% 0.78% 12.52% 14.07% (54.03%)Nov 07 - Dec 08
HALCYON PARTNERS OFFSHOREFUND LTDJason Dillow
31 May 04 Q $260MOct 15
199.56 20 May 16 1.05% 18.61% -5.73% -2.88% 7.4% 11.24% -5.91% 5.94% 6.90% (15.01%)Oct 07 - Dec 08
1. Max Drawdown: Peak to trough.
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InceptionDate
Liquidity AssetSize
Last NAVor Index
Date MTD YTD 2015 2014 2013 2012 2011 Ann.Return
Ann.Volatility
MaxDrawdown1
Diversified/GlobalYtd Avg. 2016
(0.26%)
HIGHBRIDGE CAPITALCORPORATION CLASS -A-Series N
(Composite)Mark Vanacore
3 1 A ug 92 Q /Y $1 '0 97 MJan 16
97,459.61 30 Apr 16 0 .85% 0.64% 2.92% 6.16% 6.5% 9.79% -5.11% 10.09% 6.80% (30.04%)Jun 08 - Nov 08
HUTCHIN HILL DIVERSIFIEDALPHA MASTER FUND LTD 15%Incentive AllocationNeil Chriss
30 Jun 08 Q $3'737MMay 16
1,873.71 20 May 16 0.41% 1.19% -5.2% 9.69% 19.38% 11.06% -4.92% 8.28% 5.93% (8.52%)Mar 15 - Feb 16
JABCAP GLOBAL BALANCED FUNDLTD CLASS D/1 NIPhilippe Jabre
30 Apr 07 W $366MApr 16
185.75 17 May 16 ( 3.61%) (16.90%) -3.93% 2.01% 47.8% 15.5% -27.33% 7.08% 15.56% (35.04%)Apr 10 - Jun 12
JABCAP MULTI STRATEGY FUNDLTD CLASS D/1 NIPhilippe Jabre
31 Jan 07 M $379MApr 16
1 34 .6 1 1 3 M ay 1 6 ( 2.2 9%) ( 13 .74 %) - 0. 74 % - 3. 04 % 4 3. 03 % 1 1. 8% - 25 .6 5% 3 .2 5% 1 7. 29% ( 40 .2 0%)Feb 08 - Jan 09
LINDEN INTERNATIONAL LTDJoe Wong
31 May 03 Q $1'050MApr 16
357.00 30 Apr 16 1.73% 0.46% 2.82% 12.43% 16% 4.11% -7.86% 10.35% 9.01% (24.60%)Feb 08 - Dec 08
LMR FUND LTDLMR Partners LLP, LMR Partners Limited
31 Jan 10 M $1'147MApr 16 257.60 20 May 16 0.75% 2.12% 14.72% 2.22% 10.04% 8.09% 38.69% 16.19% 9.09% (9.53%)Apr 10 - May 10
MAN GLG MULTI-STRATEGYCLASS MUS D140 USDNeil Mason and David Kingsley
31 May 12 D $229MMar 16
103.26 20 May 16 (0.18%) (3.90%) 1.98% -0.97% 4.73% 1% 0.66% 3.42% (6.77%)Apr 15 - May 16
MAN GLG MULTI-STRATEGY FUNDCLASS G USDNeil Mason and David Kingsley
31 Dec 02 M $92MMar 16
107.19 20 May 16 1.00% (2.79%) 5.91% -0.92% 5.08% 4.98% -3.59% 4.21% 6.94% (30.54%)Oct 07 - Dec 08
MILLENNIUM INTL LTDIsrael A Englander
31 Dec 89 Q $33'180MApr 16
3,183.79 30 Apr 16 1.37% (2.73%) 12.54% 12.09% 13.27% 6.32% 8.39% 14.02% 4.40% (7.24%)May 98 - Aug 98
PALOMA INTERNATIONAL LTDCLASS ADonald Sussman
3 1 De c 02 Q /Y $2 '5 32 MApr 16
308.61 30 Apr 16 (0.09%) 1.14% 10.78% 5.06% 16.02% 8.43% -2.83% 8.81% 4.76% (6.83%)Jul 11 - Dec 11
PINE RIVER FUND CLASS -B1-SHARESAaron Yeary, James Clark
31 May 02 Q $3'599MMay 16
3,508.03 30 Apr 16 2 .30% (2.98%) -2.75% 4.57% 9.58% 21.75% 5.7% 9.43% 9.96% (29.16%)Jun 08 - Dec 08
PLATINUM PARTNERS VALUEARBITRAGE INT. FUND LTDMark Nordlicht
31 Dec 02 Q $708MApr 16
8,318.61 30 Apr 16 4 .98% 7.79% 8.76% 10.76% 7.12% 11.58% 21.03% 17.21% 5.51% (4.44%)Aug 08 - Oct 08
QVT OFFSHORE LTD CLASS 1-NRDan Gold
3 1 O ct 0 3 Q /Y $1 '6 03 MMar 16
2,684.14 31 Mar 16 0.31% (0.45%) 17.74% - 2.3% 1.39% 14.69% 6.55% 8.27% 9.36% (40.35%)Feb 08 - Dec 08
1. Max Drawdown: Peak to trough.
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InceptionDate
Liquidity AssetSize
Last NAVor Index
Date MTD YTD 2015 2014 2013 2012 2011 Ann.Return
Ann.Volatility
MaxDrawdown1
Diversified/GlobalYtd Avg. 2016
(0.26%)
STRATUS FUND LIMITED CLASS BJean-Philippe Bouchaud, Philippe
Jordan, Marc Potters, Jacques Sauliere
30 Nov 03 M $262MApr 16
2,717.90 20 May 16 ( 1.57%) 0.95% 13.54% 14.58% 1.82% - 2.89% 15.63% 8.34% 6.01% (10.52%)Feb 12 - Sep 13
VERITION MULTI-STRATEGY FUNDCOMPOSITE MODIFIEDINTERESTS,OPT-INVerition Fund Management LLC
29 Feb 08 Q $361MApr 16
308.46 30 Apr 16 0 .71% 1.42% 14.25% 10.56% 24.79% 13.62% 1.18% 14.78% 6.95% (7.89%)May 11 - Sep 11
VISIUM GLOBAL OFFSHORE FUNDLTDJacob Gottlieb
31 Mar 09 M $1'542MFeb 16
335.01 20 May 16 2.37% (3.01%) 10.28% 0.79% 16.99% 19.52% 1.75% 18.44% 9.44% (7.80%)Apr 10 - Jun 10
WEISS MULTI-STRATEGYPARTNERS LLCWeiss Multi-Strategy Advisers,LLC
30 Sep 06 Q $524MApr 16
188.31 20 May 16 0.52% 4.79% -0.86% -0.01% 14.64% 1.75% -0.15% 6.78% 6.24% (17.75%)Jun 08 - Dec 08
Diversified/JapanYtd Avg. 2016
0.73%
LIM JAPAN FUND
George Long
31 Oct 04 Q $220M
Apr 16
211.15 20 May 16 0.59% 0.73% -0.37% 5.85% 11.39% 5.62% 2.73% 6.68% 5.44% (10.09%)
Jun 08 - Feb 09
1. Max Drawdown: Peak to trough.
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InceptionDate
Liquidity AssetSize
Last NAVor Index
Date MTD YTD 2015 2014 2013 2012 2011 Ann.Return
Ann.Volatility
MaxDrawdown1
ArbitrageYtd Avg. 2016 2.24%
Arbitrage/Global
Ytd Avg. 2016
2.24%BLUEMOUNTAIN EQUITYALTERNATIVES FUNDBlueMountain Capital Management
28 Feb 06 Q $583MApr 16
2,419.97 20 May 16 0.89% 2.87% 5.5% 0.36% 7.56% 12.24% 7.67% 9.02% 6.19% (9.57%)Sep 08 - Feb 09
CASSIOPEIA FUND CLASS CPierre de Saab & Alain Dos Santos
31 Jul 04 M €263MApr 16
241.71 20 May 16 2.24% 4.64% 4.75% -4.16% 0.53% 24.85% 6.52% 10.06% 9.08% (15.42%)Mar 10 - Jun 10
PIMCO MULTI-ASSET VOLATILITYFUND LTDJosh Thimons
31 Jul 11 M $972MApr 16
138.81 30 Apr 16 1 .04% (0.78%) 7.73% 1.39% -6.17% 13.41% 20.36% 7.14% 7.05% (8.64%)Oct 12 - Aug 13
1. Max Drawdown: Peak to trough.
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