Mon, Feb 20, 2017
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Alternative Market Briefing

eVestment Q1 hedge fund data shows positive performance despite march downturn

Thursday, April 12, 2012

Bailey McCann, Opalesque New York: According to new Q1 data provided on a conference call by global provider of institutional investment data and analytics, eVestment Alliance hedge funds showed strong first quarter performance despite a slight downturn in March. Data shows that funds returned an average of 4.6% the best start to a year since 2006. However, hedge fund assets declined $10.5bn in March as redemptions went up and some strategies failed to perform as well as they had previously.

Investors withdrew an estimated $5.8bn in March. The HFN Hedge Fund Aggregated Index was down 9 basis points versus an increase of 1.1% for the S&P Global 1200 index. Commodity indexes also saw declines between 2-4.5%. Emerging markets exposure let the March decline, as funds invested in China and India were down 2% and 3% respectively.

Some funds still showed positive performance in March, however, smaller funds typically outperformed their larger counterparts throughout the month and the quarter. These high performing smaller funds often have bigger exposure to the equities markets which rallied throughout the period. Credit strategies also posted solid returns throughout Q1.

Global macro, managed futures and commodity strategies are most popular with investors, reporting a net inflow of $11.8bn for the quarter, although they were eclipsed by credit strategies which saw net inflows of $19.2b. Investors largely left or st......................

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. With $54bn in assets, Philippines is ready for hedge funds, alternative investment products[more]

    Komfie Manalo, Opalesque Asia: With the country's outstanding fund management industry at $54bn and growing, the Philippine market and its investors are ready to invest in "more sophisticated" asset management products, like hedge funds and alternative investments, said Deanno J. Basas, presi

  2. SoftBank to buy Fortress Investment for $3.3bn[more]

    From Reuters.com: Japan's SoftBank Group Corp on Wednesday said it has agreed to buy Fortress Investment Group LLC for about $3.3 billion, looking to add investment expertise as it prepares to launch the world's largest private equity fund. The all-cash deal is SoftBank's first major investmen

  3. ...And Finally - Truth in advertising[more]

    From Newsoftheweird.com: Girl Scout Charlotte McCourt, 11, of South Orange, New Jersey, saw her sales zoom recently when she posted "brutally honest" reviews of the Scouts' cookies she was selling -- giving none of them a "10" and labeling some with dour descriptions. She was hoping to sell

  4. Europe - Brexit - Updated legal guide, Euro exchange rates set to tumble as hedge fund's super computer predicts Marine Le Pen will be next French president, Swiss fund market hits all-time high[more]

    Brexit - Updated legal guide From Herbertsmithfreehills.com: When we began analysing in depth the possibility of Britain exiting the EU (Brexit), 18 months prior to the June 2016 referendum, the business consensus was very much that Brexit was a remote prospect that either would never hap

  5. People - Gramercy appoints Bradshaw McKee as managing director of Capital Solutions, Trump taps Cerberus's Feinberg to lead intelligence review[more]

    Gramercy appoints Bradshaw McKee as managing director of Capital Solutions Gramercy Funds Management LLC, a $5.8 billion dedicated emerging markets investment manager, today announced the appointment of Bradshaw McKee to the position of Managing Director, Capital Solutions and Distressed