Wed, Feb 22, 2017
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Alternative Market Briefing

Emanagers Total Index advances 0.99% in August (+4.79% YTD)

Tuesday, September 18, 2012

Florian Guldner, Opalesque Research:

Emerging manager hedge funds and managed futures funds continued their upward performance trend last month, according to a first estimation based on the data of 299 funds listed in Opalesque Solutions' Emanagers database.

The Emanagers Total Index gained 0.99% in August and is now up 4.79% for the year 2012. Estimates for July and June were corrected to +2.23% and -0.19% respectively. Since inception in January 2009, the index posted compounded returns of 64.4%.

Over the last 12 months, the Total Index gained 4.45% in 7 negative and 5 positive months, compared to 0.70% for the Eurekahedge Hedge Fund Index. However, the MSCI World Index performed better over the same period, with a gain of 5.62%.

August was a challenging month for CTAs but offered opportunities for most hedge funds: The Emanagers Hedge Fund Index gained 1.90% (+6.09% YTD), while the Emanagers CTA Index lost 0.22% (+1.14% YTD).

Last month was characterized by strong stock market performance (MSCI World up 2.29%), mainly based on a positive outlook for the U.S. economy and the ECB's announcement of a government bond buying program. Forex traders were the main losers of last month's events:

  • Event-driven strategies performed best (+3.75%), followed by long-bias equity (+2.64%) and multi-strategy funds (......................

    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. People - Kuwait wealth fund head Al Saad said to step down after 14 years[more]

    From Bloomberg.com: Kuwait Investment Authority is set to name Farouk Bastaki as managing director, replacing Bader Al Saad who ran the world's fifth-largest sovereign wealth fund for 14 years, a person familiar with the matter said. The KIA, as the fund is known, is finalizing the appointment, said

  2. Manager Profile - Eddie Lampert: a painful entanglement with Sears[more]

    From Moneyweek.com: "In the long run we are all dead." Lex in the Financial Times reached for the famous quote from John Maynard Keynes in January when, after a long and unforgiving decline, the clock finally appeared to be running out on Sears, the iconic US department store group. Yet the group's

  3. Investing - Hedge funds quit Aberdeen shorts as shares begin to recover, Hedge funds' next big short: U.S. malls, O'Connor fund owns 9.5% of Protalix Biotherapeutics, U.S. hedge fund takes position in Macau hotel The 13[more]

    Hedge funds quit Aberdeen shorts as shares begin to recover From Investmentweek.co.uk: The last two hedge funds to short Aberdeen Asset Management have removed their positions, as the fund group's shares begin to show signs of recovery after a difficult few years. According to the Financ

  4. Latin America, high yields and Asia Pacific strategies dominate hedge fund returns in January[more]

    Komfie Manalo, Opalesque Asia: Latin America (+7.04%), high yield (5.63%), and Asia-Pacific (+5.06%) strategies dominated hedge fund performance in January, data provider Hennesee Fund Research said. The bottom three strategies for the mont

  5. Investing - Hedge funds loading up on this dividend stock, The biggest hedge funds have been piling into bank stocks[more]

    Hedge funds loading up on this dividend stock From Incomeinvestors.com: Hedge funds are backing up the truck on Cameco Corp stock. Billionaire Jim Simons owns 389,000 shares. Other Wall Street titans - including Ray Dalio, Ken Griffin, and Chuck Royce - have been quietly building positio