Thu, Dec 14, 2017
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Alternative Market Briefing

GLC, Aquila outdo CTA peers

Thursday, January 12, 2012

Benedicte Gravrand, Opalesque Geneva:

Funds with exposure to equities and directional biases suffered the most losses in 2011 as there were no strong trends during the year, said data provider Eurekahedge, which CTA/Managed Futures Hedge Fund Index was up 0.4% and down 3.04% for 2011 (compared to the main Hedge Fund Index which was down 0.21% for the month, and down 4.16% for the year).

Meanwhile Hedge Fund Research’s HFRI Quantitative Directional index was down 0.96% that month and down 6.95% for 2011 (compared to the HFRI Fund Weighted Composite Index with -0.18% and -4.83%). The Barclay CTA Index the only CTA index to be positive so far for December with 0.21% (est.), although it is down 2.98% for the year.

Directional investment strategies utilize market movements, trends, or inconsistencies when picking stocks across a variety of markets, either with computer models or fund managers identify investments themselves. These types of strategies have a greater exposure to the fluctuations of the overall market than do (non-directional) market neutral strategies.

"Looking forward, we expect Directional and Long-Short strategies to have better performance as the global economy continues to stabilize," said recently Clint Binkley, Senior Vice Presiden......................

To view our full article Click here

Today's Exclusives Today's Other Voices More Exclusives
Previous Opalesque Exclusives                                  
More Other Voices
Previous Other Voices                                               
Access Alternative Market Briefing

 



  • Top Forwarded
  • Top Tracked
  • Top Searched
  1. Mediobanca acquires majority stakes in Swiss hedge fund[more]

    Komfie Manalo, Opalesque Asia: Listed diversified banking group Mediobanca SpA said it has acquired a majority stake in Geneva-based hedge fund firm RAM Active Investments SA (RAM AI), an active and alternative asset manager offering a range of act

  2. Launches - Ex-BlueCrest team to open over $200m hedge fund, Greg Coffey, a hedge fund star who retired at 41, is eyeing a comeback, Brevan Howard plans Greek funds as bond rally signals revival[more]

    Ex-BlueCrest team to open over $200m hedge fund From Bloomberg.com: A team of traders who left BlueCrest Capital Management earlier this year raised more than $200 million for their own hedge fund focused on Asian stocks, according to a person familiar with the matter. Ovata Capital Manag

  3. North America - Miami could attract hedge funds if SALT deductions axed[more]

    From Law360.com: For years, inertia has been Nitin Motwani's greatest foe in his attempts to lure hedge fund owners in the northeast to Miami, which he has pitched as a tropical low-tax paradise. But with the Republican tax bill proposing to eliminate deductions for state and local taxes, he's sensi

  4. Northleaf Capital Partners closes debut private credit fund on $670M[more]

    Bailey McCann, Opalesque New York: Northleaf Capital Partners has closed its debut private credit fund - Northleaf Private Credit I - on $670 million. The vehicle will invest in private credit transactions in Europe and North America, with a primary focus on lending to private equity-backed compa

  5. ...And Finally - The ongoing gun saga in the U.S.[more]

    From Newsoftheweird.com: As elder members of the First United Methodist Church in Tellico Plains, Tennessee, gathered on Nov. 16 to discuss the recent church shooting in Sutherland Springs, Texas, one of those present asked if anyone had brought a gun to church. One man spoke up and said he c