Inflection Management Inc. today announced that the Inflection Strategic Opportunities Fund (“Inflection” or the “Fund”) delivered a net return of 1.58% in December 2012 and 18.42% for 2012, outperforming the Fund’s benchmark indices for both periods.
“December capped a very strong year for our fund,” said Ari Shiff, Founder and Head of Fund Research. “We are pleased to be able to consistently deliver these strong returns with a portfolio of diversified alternative investments, especially at a time when so many investors are finding it challenging to source attractive performance.”
“Our strong performance demonstrates that healthy returns do not require taking outsize risk, but can follow from patiently seeking sources of overlooked value in global opportunities such as securitized credit markets, sovereign debt, and other dislocations caused by political and macroeconomic interference,” added Mr. Shiff. “Our opportunistic strategy allows us to flexibly allocate where the opportunities appear. Our research team works very hard at uncovering hidden gems that investors may read about in the newspaper but would otherwise find difficult to access. We look forward to an exciting 2013.”
The Fund’s most relevant benchmark, the HFN Fund of Funds Multi Strategy Index returned 1.01% for December 2012 and 4.78% for 2012. Another relevant benchmark, the Scotiabank Canadian Hedge Fund Index, lost 0.08% in December 2012 and is down 4.73% for 2012.
About Inflection Management Inc.
Inflection Management Inc. is a Portfolio Manager, Investment Fund Manager, and Exempt Market Dealer based in Vancouver BC. Inflection Management is registered as an Exempt Market Dealer in the provinces of Ontario, Quebec, Saskatchewan, Alberta, and British Columbia. Inflection’s Founder and President, Ari Shiff, has over 20 years of experience in the financial markets with particular emphasis on hedge funds, special situations, mergers, and acquisitions.
Inflection Management’s flexible investment style and markets experience allows it to select what it believes are the most appropriate mix of strategies to suit diverse market conditions and to seek to opportunistically capitalize on near term trading opportunities.
About Inflection Strategic Opportunities Fund
The Inflection Strategic Opportunities Fund (the Fund) is a fund of hedge funds. It invests in a broad array of carefully selected and analyzed hedge funds in order to capitalize on dislocations and market opportunities. The Fund has a global mandate and focuses primarily on the Americas, Europe and Asia, providing access to the expertise of hedge fund managers in identifying what it believes are exceptional investment opportunities throughout the world. Some taxable investors may find that the Fund`s structure has significant tax benefits.
For further information, contact:
Inflection Management Inc. Tel: 604.730.9147