Sun, May 26, 2013
A A A
Welcome Guest
Free Trial RSS
New! Family Office and Investor Database with 11,750 contacts
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
Article link
Banner
Today's Exclusives Today's Other Voices Banner More Exclusives
Previous Opalesque Exclusives                                  
More Other Voices
Previous Other Voices                                               
Access Alternative Market Briefing
  • Top Forwarded
  • Top Tracked
  • Top Searched
  1. Opalesque Exclusive: Endurance Series Trust launches first mutual fund, multi-series trust[more]

    Bailey McCann, Opalesque New York: Endurance Series Trust, a multi-series trust, is launching with Gator Capital Management, LLC as the adviser for the Trust’s first mutual fund series. Endurance Fund Services, LLC, an independently owned and operated fund administration company will serve as t

  2. Morgan Creek Capital Management to acquire Signet Capital Management[more]

    Bailey McCann, Opalesque New York: Investment firm Morgan Creek Capital Management has acquired Signet Capital Management a UK-based credit fund of funds with $700M in assets under management. Under the agreement, Signet will contribute its funds and senior investment management team to Morgan Creek

  3. North America – Students are launching hedge funds on colleges across America[more]

    From Valuewalk.com: …From Cornell, whose student-run hedge fund beat Wall Street returns to the University of Michigan, which allows its students to manage as much as $250,000, student hedge fund are becoming a more prominent part of financial education. Their success has attracted the attention of

  4. Comment – Can hedge funds survive Bernanke?[more]

    From Bloomberg.com: …The biggest reason for the market tranquility might be the Federal Reserve's repeated assurances that it will maintain zero interest rates and provide monetary stimulus until the economy recovers, and unemployment ebbs. That may just account for the recent flurry of storie

  5. Expertise on law firms listing on stock exchanges: So far it has only been permitted in Australia, but there is legislation pending in the United Kingdom that would permit it there as well. One of the most significant original reasons for suggesting the possibility of outside equity investment in law firms in the UK has been the belief that this wo
Click here for More about Opalesque Tracking
- A new, unique Premium Service -
  1. Penrich
  2. MS
  3. MGH
  4. NZARA
  5. 36 South
  1. Anchorage
  2. ubs
  3. people
  4. MS
  5. bridgewater