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HSGS Hsbc Global �

107.00
0.00 (0.00%)
17 May 2024 - Closed
Delayed by 15 minutes
Hsbc Global Absolute Investors - HSGS

Hsbc Global Absolute Investors - HSGS

Share Name Share Symbol Market Stock Type
Hsbc Global � HSGS London Ordinary Share
  Price Change Price Change % Share Price Last Trade
0.00 0.00% 107.00 01:00:00
Open Price Low Price High Price Close Price Previous Close
107.00 107.00
more quote information »

Top Investor Posts

Top Posts
Posted at 28/3/2006 12:04 by megsta
What is Absolute Return?
Absolute Return means exactly what it says. Investment returns have traditionally been measured against a market index rather than in terms of whether the investments appreciate in value or not. Absolute Return investments seek to generate positive investment returns at all times.

What are Absolute Return investments?
Absolute Return funds have been an established style of investing for some time and they are often referred to as hedge funds or alternative investments.

What is the history of Absolute Return investing?
The first acknowledged hedge fund was launched in 1949. As at the end of September 2004, it was estimated that there were over 7,100 hedge funds in existence worldwide with total assets estimated at over US$890 billion*. Portfolios of hedge funds, known as funds of funds, have been one of the main ways of accessing hedge funds as they have historically succeeded in reducing overall portfolio volatility and diminishing the risk of selecting an inappropriate individual hedge fund.

Why invest for Absolute Return?
Over market cycles, investors, who achieve high levels of capital preservation and succeed in outpacing inflation and cash investment returns, may increase their relative purchasing power and wealth, and reduce the risk of their portfolios.

Funds of hedge funds seek to deliver Absolute Returns under all market conditions, rather thanperformance relative to a benchmark
There are diversification benefits from adding an allocation of Absolute Return strategies to a portfolio
Absolute investment returns have historically had low correlation to traditional investment returns

The stated aim of many hedge fund portfolios is equity like returns with lower levels of volatility than equities in general. They have typically shown:

Good performance in positive equity markets and lower (generally positive) investment returns in negative equity markets
Volatility dampening especially in very volatile markets
Posted at 28/3/2006 11:48 by megsta
Holdings as of 10-Feb-2006.HoldingPriceMarket Value% FundConvertible ArbitrageGlobal Convertible ArbitrageCQS Convertible and Quantitative Strategies Feeder Fund Ltd. - Class 1B1,4012,339.08USD3,277,8634.1%Plexus Fund Ltd. - Class A221,851132.47USD2,894,5873.7%.Equity Long/ShortAsia Equity Long/ShortWF Asia Fund Ltd. - Class S Series 112,842238.72USD3,065,6343.9%Europe Equity Long/ShortThreadneedle European Crescendo Fund Ltd. - US$ Shares7,741164.55USD1,273,8281.6%Europe Equity Long/Short TradingThe Jandakot Fund - USD Class18,143165.65USD3,005,3513.8%Tomahawk Fund - Generic4,530440.36USD1,994,8442.5%Global Emerging Mkt Equity Long/ShortSR Global Fund Inc. (Emerg. Mkts) - Class G Series 13,799813.43USD3,090,1793.9%Global Equity Long/ShortContrarian Equity Offshore Fund Ltd. - Class A Series 17,299184.06USD1,343,3941.7%Glenrock Global Partners (BVI), Inc. - USD Class11,321199.85USD2,275,0712.9%Global Equity TMT Long/ShortSeasons Leveraged Core Fund Ltd - Class B Series 22,4001,000.00USD2,400,0003.0%Japan Equity Long/ShortMarathon Vertex Japan Ltd. - Class B1,5281,849.21USD2,824,9883.6%Tower K1 Fund - Generic1,1411,927.71USD2,199,5172.8%UK Equity Long/ShortLansdowne UK Equity Fund - US$ Shares15,969215.07USD3,434,3884.3%US Equity Financials Long/ShortSuNOVA Offshore Ltd. - Class B1 Series 2 04011,4672,045.44USD3,001,1573.8%US Equity Long/ShortCaxton Equity Growth (BVI) Ltd. - Class B Series 12,2381,771.56USD3,963,9595.0%Eminence Fund Ltd. - Class B8,495378.51USD3,215,5104.1%Raptor Global Fund Ltd. - Class B1,1814,206.09USD4,969,2326.3%.High Yield/DistressedGlobal Fixed Income Distressed Long/ShortContrarian Capital Senior Secured Offshore Fund Ltd. - Class A Series 14,991158.39USD790,5981.0%.MacroGlobal MacroGAMuT Investments Inc. - Generic7446,069.17USD4,513,6425.7%Nylon Flagship Fund Ltd. - USD Class14,88897.71USD1,454,7241.8%Tudor BVI Global Fund Ltd - Class B5474,604.34USD4,044,3095.1%.Managed FuturesGlobal Managed FuturesCrabel Fund Ltd. - Class A Series I3063,081.58USD941,9881.2%Tewksbury Investment Fund Ltd. - Generic4957,823.28USD3,868,7994.9%.Market NeutralGlobal Equity Market Neutral32 Capital Fund Ltd., The - Class B Series 1 021,1921,404.76USD1,674,4592.1%GSA Capital GMN Fund Limited - Sub Feb 061,900,0001.00USD1,894,4902.4%.Multi-Strategy/Event DrivenGlobal Arbitrage Multi-StrategyAG Super Fund International Ltd. - International7,606438.24USD3,333,1444.2%Castlerigg International Ltd. - Class Aa Series 17,141298.46USD2,131,1992.7%Farallon Capital Offshore Investors - Class E Series A175,07516.49USD2,887,2713.6%Highbridge Capital Corporation (Fund) - Class A Series R7560,556.69USD4,514,4675.7%.Cash & ExpensesCash & ExpensesCash & ExpensesUSD-1,138,483-1.4%Please note that holdings of less than 0.1% have been excluded for clarity. These holdings constitute less than 0.1% of the fund overall
Posted at 15/3/2006 16:29 by megsta
This share invests in hedge funds. It is a fund of funds; i.e. HSBC investing in other hedge funds.

Originally launched in November 2001, having raised £125 million, HSBC Global Absolute Limited is a closed-ended Guernsey incorporated company with a primary listing on the London Stock Exchange. It invests globally in a diversified portfolio of hedge fund strategies.

Principal activity
The Company's objective is to seek to achieve equity like returns with lower levels of volatility. Its policy is to achieve this by investing in a diversified portfolio of hedge funds and managed accounts investing in global markets which are managed to seek to provide investors with an absolute total return and with a lower volatility than equities generally.

Currency Hedging
As of 30 November 2004, the Company introduced currency hedging on the Sterling shares to protect from fluctuations in the US Dollar/ Sterling exchange rate. Sterling shares were re-classified into new Sterling hedged shares, as well as re-classifying the shares represented as GDR's into US dollar shares.

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