Sun, Jul 31, 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. Opalesque Exclusive: California-based manager launches long/short equity hedge fund with unique algorithm[more]

    Benedicte Gravrand, Opalesque London for New Managers: SJL Capital LLC, an investment advisory firm based in California, has launched its maiden fund, the SJL MarketDNA Hedge Fund LP. The fund, which began trading

  2. Manny Roman to move from Man to Pimco[more]

    Benedicte Gravrand, Opalesque London: Emmanuel (Manny) Roman, an investment world veteran, has been hired by PIMCO, the large US bond fund house, as chief executive officer. PIMCO's current CEO Douglas Hodge will assume a new role as managing director and senior advisor when Roman joins P

  3. Opalesque Exclusive: ArbitrOption outperforms benchmarks, up 7.18% in H1[more]

    Komfie Manalo, Opalesque Asia: Independent registered advisor ArbitrOption breezed through the tumultuous Brexit referendum and outperformed its benchmarks. ArbitrOption was up 7.18% in the first half of 2016 compared to the S&P 500 which gain

  4. Europe - European hedge funds shrink and shutter as turmoil hurts returns, Investors go bargain-hunting for U.K. property after Brexit vote, Brexit: Guidance for fund directors - what to know and what to ask[more]

    European hedge funds shrink and shutter as turmoil hurts returns From Bloomberg.com: Europe’s hedge-fund industry contracted for a sixth straight quarter as the U.K.’s decision to leave the European Union and concerns that China’s growth is slowing caused losses and forced some money man

  5. Platinum Partners starts liquidation of hedge funds following municipal union kickback scandal[more]

    Komfie Manalo, Opalesque Asia: Platinum Partners, the hedge fund in the middle of a New York City municipal union kickback investigation, is reported to be liquidating two of its funds, the New