Sat, Jun 24, 2017
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Alternative Market Briefing

HFRX: Hedge funds report lukewarm performance in April

Thursday, May 03, 2012

From Komfie Manalo, Opalesque Asia – Hedge funds posted small positive gains in April 2012 as the HFRX Global Hedge Fund Index gained +0.12% during the month (and +3.27% YTD) with contributions from macro and relative value strategies.

Indeed, the HFRX Macro/CTA Index was up 0.43% (but still down YTD at -0.87%) with contributions from systematic and macro discretionary strategies; and the HFRX Relative Value Arbitrage Index was up 0.29% (+3.86% YTD), for its fifth consecutive month of positive results with contributions from convertible arbitrage, corporate fixed-income and yield alternative exposure.

In a monthly report, Chicago-based hedge fund data provider Hedge Fund Research (HFR) said yesterday that while the hedge fund industry saw minor gains, equity markets posted declines in April as investors focused on renewed concerns related to European sovereign debt crisis, upcoming European elections and mixed data on the strength of the global economic recovery. The HFRX Market Directional Index gained +0.32% (+3.53% YTD).

"Performance was mixed across sectors, with energy and cyclicals posting advances while financials, technology and telecom posted declines. By geographic region, gains in China were offset by declines across France, Spain and Italy. U.S. yields declined as the U.S. yield curve steepened, and the U.S. dollar declined against the Japanese yen and British pound, ......................

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. FinTech - Rise of robots: Inside the world's fastest growing hedge funds[more]

    From Bloomberg.com: Believe the hype. Quants have never been more popular. After doubling over the past decade, assets run by so-called systematic funds have hit a record $500 billion this year, according to estimates from Barclays Plc. In some ways, their meteoric rise is due to the same technolog

  2. Legal - Bond market concerns could scuttle Paulson's Fannie-Freddie plan[more]

    From Bloomberg.com: A hedge fund proposal for freeing Fannie Mae and Freddie Mac from U.S. control is poised to face stiff opposition from investors who say it risks wrecking the mortgage-bond market. The Moelis & Co. blueprint, which firms including Paulson & Co. and Blackstone Group LP sponsored,

  3. Other Voices: Are your pricing policies and procedures for less liquid instruments adequate?[more]

    Komfie Manalo, Opalesque Asia: The unrelated position mismarking incidents that quickly precipitated the closures of both Visium Asset Management and Marinus Capital have been recent focal points for market participants, but regulatory scrutiny of valuation choices for less liquid instruments is

  4. FinTech - AI hedge fund Numerai now live on Ethereum, Cryptocurrency hedge funds generate huge returns as bitcoin surges[more]

    AI hedge fund Numerai now live on Ethereum From Cryptoninjas.net: Back in February, Numerai announced numeraire (NMR), a cryptographic token to incentivize a new kind of hedge fund built by a network of data scientists. Earlier today, the Numeraire smart contract was officially deployed

  5. Investing - Advisors slash hedge fund positions, Theravance Biopharma is a top pick of investment guru Seth Klarman, As asset management industry grows a search for new revenue streams[more]

    Advisors slash hedge fund positions From Barrons.com: Financial advisors have cut wealthy clients' exposure to hedge funds by up to one third over the past 12 months, The Financial Times reports. Advisor firms in the FT's annual top-300 ranking have reduced their hedge fund allocation to