Looking back on the climb to the top for Andreas Halvorsen's Viking

By Rob Copeland

Tue Nov 20, 2012

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Absolute Return also revisits a former Soros CIO's big plans for a macro launch.


   
  Andreas Halvorsen at a Vermont triathlon
One year ago
>> Andreas Halvorsen's flagship long/short equity fund, Viking Global Equities, closed to new investment.

It remains closed to fresh allocations, though that has hardly stopped its growth. Then-managing $13.4 billion, the fund was up to $15.6 billion in the latest Absolute Return Billion Dollar Club rankings and is now at $16.3 billion. Performance has helped: Viking Global ended 2011 up 7.66%, compared with a 4.76% loss for the Absolute Return Global Equity Index, and was up 12.7% through the end of October this year, more than twice the gain for the benchmark.

A Viking spokeswoman declined to comment.

See also: Viking TMT portfolio manager Jim Parsons to depart - Romney, Bloomberg, Tiger Cubs fete Julian Robertson's 80th

>> Keith Anderson, the former chief investment officer of Soros Fund Management and a cofounder of BlackRock, was said to be sketching out plans for a new global macro fund, his first independent investment gig after a career with some of the industry's biggest names.

After sitting out his Soros separation agreement and traveling with family, he got to work on the launch this spring and summer, and is planning to start trading with Anderson Global Macro early next year, people who have spoken with him said. Hires for the launch include alumni from $1.9 billion hedge fund Paloma Partners and asset management AllianceBernstein (see complete contact information for the new fund here).

Anderson declined to comment.