Thu, Mar 30, 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. Opalesque Exclusive: FS Investments launches energy fund[more]

    Bailey McCann, Opalesque New York: $19 billion Philadelphia-based FS Investments has launched a new interval fund which will invest in energy. The FS Energy Total Return Fund is the firm's first closed-end interval fund and will invest opportunistically in energy companies and assets. FS

  2. Hedge fund liquidations in 2016 surpass 2009 levels, new launches decline[more]

    Benedicte Gravrand, Opalesque Geneva: Even as the hedge fund industry's total assets exceeded the $3tln milestone last year, hedge fund liquidations increased. So much so that 2016 had the highest number of liquidations since 2008, claims the latest HFR Market Microstructure Report, re

  3. Hedge funds find no joy in macro as returns lag Trump rally[more]

    From Gulfnews.com: In 2017, macro hedge funds were expected to shine. So far? Not so much. It's been a far from impressive first two months for funds that trade around macroeconomic events. Discretionary funds rose just 0.3 per cent through February, according to Hedge Fund Research Inc., while the

  4. Strategies - Billionaire investor Marc Lasry shares how he's playing markets right now, Classic models are failing FX hedge funds desperate for return[more]

    Billionaire investor Marc Lasry shares how he's playing markets right now From CNBC.com: Buy on the prospect of deregulation. Sell on the enactment of deregulation. That's the strategy that billionaire investor Marc Lasry is implementing, according to an interview with CNBC in Las Vegas

  5. Opalesque Exclusive: Aberdeen makes the case for the lower mid-market[more]

    Bailey McCann, Opalesque New York: Aberdeen Asset Management has released a new paper focused on lower mid-market private equity. According to the paper, this segment of the private equity market is gaining popularity with private equity investors that are looking for multiple expansion and less