Sat, Aug 19, 2017
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Alternative Market Briefing

Emanagers Total Index declines 1.07% in October (+3.33% YTD)

Thursday, November 22, 2012

amb
Florian Guldner, Opalesque Research:

Emerging manager hedge funds and managed futures funds generated losses last month, according to a first estimation based on the data of 298 funds listed in Opalesque Solutions' Emanagers database.

The Emanagers Total Index lost 1.07% in October, reducing its year-to-date performance to +3.33%. Estimates for September and August were corrected to +0.15% and +0.73%, respectively. Since inception in January 2009, the index posted compounded returns of 62%.

Over the last 12 months, emerging managers gained 2.82% in 7 negative and 5 positive months, compared to 2.87% for the Eurekahedge Hedge Fund Index. Global stocks, tracked by the MSCI World Index, gained approximately 10% in the same period.

Managed futures strategies had their worst month so far this year, while hedge funds experienced only small losses: The Emanagers Hedge Fund Index lost 0.21% (+5.84% YTD), while the Emanagers CTA Index lost 2.14% (-1.98% YTD).

The month of October proved to be a difficult macro environment with declining commodity prices, and changing directional movements of interest rates and equity prices. As a result, most investment strategies came under pressure:

  • Relative value and equity long-bias strategies performed best, with gains of 1.57% and 1.36%. Global macro hedge funds did slightly bet......................

    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 - Danger: Crowdfunding on the wrong platform could force you to go public[more]

    From LinkedIn.com: Some equity crowdfunding platforms are putting startups at serious risk. Working with a platform that doesn't structure your deal appropriately could jeopardize your ability to raise future capital or worse, force you to become a public reporting company. The emergence of eq

  2. David Tepper says we're 'nowhere near an overheated' stock market[more]

    From Marketwatch.com: Billionaire David Tepper thinks comparing this current stock-market environment with the overheated markets of 1999 is "ridiculous." The hedge-fund manager, who runs Appaloosa Management, told CNBC in a phone interview on Tuesday that the market's record run, notwithstanding la

  3. Opalesque Exclusive: Altegris and Artivest partner on distribution for alternative funds suite[more]

    Bailey McCann, Opalesque New York: California-based investment firm Altegris has partnered with New York-based alternative investments platform Artivest on distribution for $1 billion in alternative funds. The partnership also launches Artivest's capabilities to offer alternative solutions to acc

  4. Investing - Buffett's Berkshire Hathaway will not increase its Oncor offer, Travel-tilting hedge funds are investing in airlines and online travel agencies[more]

    Buffett's Berkshire Hathaway will not increase its Oncor offer From Reuters.com: The energy unit of Warren Buffett's Berkshire Hathaway Inc said on Wednesday it will "stand firm" on its $9 billion offer to acquire 80 percent of Oncor Electric Delivery Company LLC and will not increase it

  5. Investing - David Tepper sells airline stocks, except Delta[more]

    From Forbes.com: Head of successful hedge fund Appaloosa Management, David Tepper shied away from airlines in the second quarter after upping his bets in the first three months of the year, according to his portfolio filing released this week. Tepper sold all of his position in United Continen