Opalesque.TV
 

Video not playing? Please email us if you need further help.

Embed Share Comment (1)

00:37
Theta Capital Management. AIFMD-licensed Theta Capital is one of the oldest and most established investors in hedge funds in The Netherlands. Since 2001, the company offers individual bespoke hedge fund portfolios from a minimum of EUR 5mln. Since 2010, theta launched the LEGENDS Fund which gives investors access to mostly closed elite hedge fund managers and offers daily liquidity at no minimum. On average these elite hedge fund managers have achieved average net annual returns of 15% over 18
01:59
Legends Fund & why it is unique. Offers access to elite hedge funds that are closed to new investors. Allows investors to invest alongside these managers’ own money. Stable risk allocations to different strategies ensure diversification & a presence when opportunities arise. Minimizing turnover translates into better performance. Robust hedge fund organizations with virtually no business risk. Daily valuations and intra-day trading.
05:07
Smart structure allows for daily liquidity and takes operational hurdles away. Administrator calculates daily NAVs based on estimates for each underlying fund. From EUR 100.000 investors can subscribe daily at NAV and sell at NAV with 90 days notice. On top of this investors can buy and sell Legends Fund intra-day on the exchange in a narrow band around this NAV. The ‘semi-closed end’ structure avoids shares to trade at a discount to NAV. Daily valuations overcome operational hurdles for inves
06:55
What defines a Legend. Successful in different market environments & through various crises. Multi-billion dollar funds & robust organizations. Strongly aligned interests by investing alongside the manager. Typically closed to new investors. More information on the Legends can be found at www.legendsfund.nl/institutional.
08:41
Performance of the Legends. Have a 18 year track record. Achieved net annualized returns of 15% (>2 x the MSCI World). With less that half the volatility of equity markets. And a maximum loss of 14% compared to 54% for the MSCI World.
10:04
How does Legends Fund get capacity. Theta has been invested with the Legends for more than 10 years. Deep hedge fund relationships through network and client base. As proven stable investors, hedge funds welcome Theta as investors. Unique relationship with one the world’s leading hedge fund investors.
11:54
Risk Management. Capital preservation is key for each Legend and Legends Fund. Each manager’s risk management is reviewed within the context of its specific strategy. An important criterion for a Legend is the absence of business risk. On top of that Legends fund looks for effective diversification over strategies and managers. No single factor is allowed to dominate the Legends Fund return. Legends Fund is EUR denominated and all non-EUR exposure is hedged. Legends Fund does not apply leverage.
14:34
The real benefit to investors.
Legends Fund invests in a smart diversified manner with the most successful hedge fund managers in the world who adapt to different market environments, who invest in all asset classes and who can profit from both rising and falling markets. All underlying hedge funds minimize losses by being disciplined and selective in what investment opportunities to pursue by and by putting capital preservation first. While most of these managers are closed to new invest
16:10
Highly attractive fee structure. 62.5 Basis Points Management Fee. 5% Performance Fee (with perpetual high water mark). Competitive fees & rebates with underlying managers.
17:03
Performance & Outlook. Extremely strong past outperformance in difficult climate for hedge funds. Legends Fund achieved 7x the returns of the HFRX Global Hedge Fund Index. Going forward the opportunity set is very compelling as buy & hold “is over”. In 2015 Legends Fund is delivering positive performance while equity markets are substantially down and government bonds are flat. A lot is going on for hedge funds to capitalize on and for Legends Fund to continue to outperform.

Top performing Legends Fund offers daily access to a portfolio of mostly closed hedge fund legends since 2010

Sep 16 2015 1 Comment
AIFMD-licensed Theta Capital is one of the oldest and most established investors in hedge funds in The Netherlands. Since 2001, the company offers individual bespoke hedge fund portfolios to select institutional investors. 
 
In 2010, Theta launched the LEGENDS Fund making their services more broadly available. Legends Fund gives investors access to mostly closed elite hedge fund managers and offers daily liquidity. The Legends Fund provides daily valuations and is listed on Euronext Amsterdam. This offers a unique way to ac ...more

More videos about Future of Hedge FundsHedge Fund InvestorsHedge Fund of FundsResearch/Education. Location: Amsterdam »

jack-schwager

Jack Schwager presents: 15 Hedge Fund Market Wizards trading secrets & insights in their own words
Opalesque.TV interview Part 1

michael-wexler

Subduing the enemy: The Ins and Outs of Volatility Trading

ted-seides

So You Want to Start a Hedge Fund? Lessons from 120 early stage hedge fund investments, 40 manager seeds

jack-schwager-3

Schwager sums up key lessons of Market Wizards series, starts global search for ‘undiscovered traders'

jack-schwager-2

Jack Schwager's new book “Market Sense and Nonsense” – 30 years observing investment mistakes
Opalesque.TV interview Part 2

More related videos
Video Library
Video Location

Talkback 1 Comment

Please use the comment feature below for your feedback, or email me at knab@opalesque.com. Thank you!

Matthias Knab Posted On Sep 16 2015

Tell us what you think - please logon to add your comments


Most viewed videos Newest Videos

jack-schwager

Jack Schwager presents: 15 Hedge
Fund Market Wizards trading secrets
& insights in their own words
Opalesque.TV interview Part 1

Danny Yong

Meet Danny Yong, Asia's rising
hedge fund titan

Ping Jiang

Dr. Ping Jiang: One of the world's
foremost macro traders
Opalesque.TV interview Part 1

jim-chanos

Jim Chanos: Psychology of short
selling; China makes Europe, U.S.
debt look like child's play

Julian Robertson

Julian Robertson
Opalesque.TV interview Part 1

Mike Novogratz

Mike Novogratz, President of
Fortress Investment Group
Opalesque.TV interview Part 1

Jeffrey W Ubben

Jeffrey Ubben: The Evolution of the
Active Value Investment Style
Opalesque.TV interview Part 1

Izzy Englander Israel A. Englander

Izzy Englander (Israel A.
Englander)
Opalesque.TV interview Part 1

Guy Spier

Guy Spier: How Value Investing has
changed -- new strategies of
successful value investors
Opalesque.TV interview Part 1

michael-wexler

Subduing the enemy: The Ins and
Outs of Volatility Trading

Elena Ambrosiadou

Elena Ambrosiadou
Opalesque.TV interview Part 1

ted-seides

So You Want to Start a Hedge Fund?
Lessons from 120 early stage hedge
fund investments, 40 manager seeds

David Gerstenhaber

Tiger Cub David Gerstenhaber: The
economist whose passion for markets
began at age 14

jack-schwager-3

Schwager sums up key lessons of
Market Wizards series, starts
global search for ‘undiscovered
traders'

Anthony Ward Armajaro

Anthony Ward, Armajaro

jack-schwager-2

Jack Schwager's new book “Market
Sense and Nonsense” – 30 years
observing investment mistakes
Opalesque.TV interview Part 2

William Browder Bill Browder

William Browder (Bill Browder)
Opalesque.TV interview Part 1

Anthony Scaramucci

Anthony Scaramucci/SkyBridge
Capital: Fund of funds &
seeder, finding the next Ray Dalio,
Daniel Och

george-schultze

George Schultze: The Art of
Vulture Investing

Karsten Schroeder

Karsten Schroeder, Amplitude
Capital: Can German engineering
drive a CTA?
Opalesque.TV interview Part 1

Doug Barnett

Doug Barnett: The hedge fund
manager of hedge fund managers

patrick-wolff

Chess Grandmaster turns hedge fund
manager seeded by Peter Thiel

bryan-k-johnson

Chronic difficulty and failure
raising assets: Why 89% of all
hedge funds never get over $100m

Loic Fery

Chenavari Investment Managers: One
of Europe's top performing hedge
funds

Steve Diggle

Steve Diggle: Artradis Fund
Management, Singapore's largest
hedge fund
Opalesque.TV interview Part 1

Alissa Douglas

Why a family office moves assets
from mega to smaller hedge funds
& the six criteria how to
select hedge funds

Paul Hawtin

The “Twitter Hedge Fund”:
Harnessing the power of social
media for investment direction

sahm-adrangi

Kerrisdale Capital: How do people
react these days to a hedge fund
making 200% a year?
Opalesque.TV interview Part 1

Total  251 video(s) Found More Videos: 1 2 3 4 5 … Next