Wed, Feb 10, 2016
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Alternative Market Briefing

Dow Jones Credit Suisse Hedge Fund Index finished April with only 4 out of 10 strategies in positive territory

Thursday, May 24, 2012

Bailey McCann, Opalesque New York: The Dow Jones Credit Suisse Hedge Fund Index finished down 0.04% in April, though it is still showing +4% year to date. A new report from Dow Jones Credit Suisse shows the overall performance of most major strategies. In total, the industry saw estimated outflows of approximately $8.35bn in April, bringing overall assets under management for the industry to approximately $1.75tn. The Managed Futures and Multi-Strategy sectors experienced the largest asset inflows on a percentage basis in April, with inflows of 0.53% and 0.14% from March 2012 levels, respectively.

Long/Short Equity funds finished down in April, ending a three-month positive performance run, as broader equity benchmarks finished in negative territory for the month. Dedicated Short Bias saw the most significant outflows by percentage of assets, followed by Emerging Markets, despite positive performance for the latter sector.

Global Macro generated negative performance as a whole. Funds commonly reduced risk exposures as macroeconomic data continued to show weakness. Convertible bonds returned -0.47% on a global basis, as measured by the Bank of America Merrill Lynch Global Convertibles Index. The largest negative contribution came from European convertibles which were down approximately 1%. On the positive side, Asia ex-Japan was the only re......................

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. Credit Suisse cherry picks hedge fund ideas[more]

    From FT.com: Credit Suisse Asset Management plans to cherry pick profitable concepts from hedge funds with the launch in Europe of a “best ideas” strategy. The investment arm of the Swiss bank said the strategy will separate it from other funds blighted by “overcrowding problems”. It comes at a time

  2. Investing - Hedge funds bet on risks in U.S. blue-chip debt, Hedge funds bets against bank credit risk paying off, Tiger Global still likes Internet names, gets pointers from Jeter[more]

    Hedge funds bet on risks in U.S. blue-chip debt From WSJ.com: Hedge funds are betting the next bond sector to crack will be the $4.5 trillion market for the safest U.S. corporate debt. New York’s Perry Capital has placed a $1 billion wager against investment-grade bonds issued by 10 comp

  3. Short Selling - Hedge fund manager Kyle Bass is shorting real estate—again, Top US hedge fund has €80m short position in Paddy Power Betfair[more]

    Hedge fund manager Kyle Bass is shorting real estate—again From Fortune.com: He also predicted the mortgage crisis in 2008. Hedge fund manager Kyle Bass, who runs Dallas-based Hayman Capital, tanked the stock of a little-known real estate financier Friday by revealing that he is shorting

  4. Investing - Real estate secondaries sole 'bright spot' in 2015, As hedge funds stumble, one firm prepares to buy illiquid stakes[more]

    Real estate secondaries sole 'bright spot' in 2015 From IPE.com: The secondary market for property was the sole “bright spot” over the course of 2015, as hedge fund secondaries saw deals fall by two-thirds, according to a wide-ranging survey of the market. Setter Capital said 2015 saw th

  5. Opalesque Exclusive: Directors want to be considered trusted partners by new manager[more]

    Benedicte Gravrand, Opalesque Geneva for New Managers: A hedge fund director provides her perspective on emerging hedge fund managers. She will happily work with those who have set themselves up for future growth, s