Tue, Apr 28, 2015
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Alternative Market Briefing

Emanagers Total Index up 1.37% in December (+5.27% in 2012)

Tuesday, January 22, 2013

Florian Guldner, Opalesque Research:

Emerging manager hedge funds and managed futures funds performed well in the last month of 2012, according to a first estimation based on the data of 300 funds listed in Opalesque Solutions' Emanagers database.

The Emanagers Total Index gained 1.37% in December and 5.27% in 2012. Estimates for November and October were corrected to +0.18% and -0.84%, respectively. Since inception in January 2009, the index posted compounded returns of 65%.

Emerging manager hedge funds posted excellent results last month, while managed futures strategies saw small losses: The Emanagers Hedge Fund Index gained 2.52% in December, bringing its 2012 result to 9.09%. The Emanagers CTA Index lost 0.3% and is down 2.12% for the year.

Emerging managers thus outperformed their established peers in 2012 (Eurekahedge Hedge Fund Index: +6.18%, Newedge CTA Index: -2.84%), but were unable to beat the global stock market, which gained over 13%, according to the MSCI World Index.

Stock markets continued their November rebound last month, and all hedge fund strategies (except for short sellers and CTAs) were able to profit in this environment:

  • Directional strategies saw significant gains, as long-bias equity funds rose 3.55% and long/short equity funds gained 2.16%. Global macro hedge funds were up 2.6......................

    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. U.S. does not want hedge funds to invest in offshore re-insurers for tax purposes[more]

    Komfie Manalo, Opalesque Asia: The U.S. Treasury Department on Thursday introduced a new rule aimed at limiting hedge funds’ ability to reduce their tax bills by investing in insurance companies in offshore tax havens. As a general rule, the U.S. tax laws does not allow hedge funds to use off

  2. Ruling: Hedge funds suing Argentina can have access to bond offering details[more]

    Komfie Manalo, Opalesque Asia: U.S. District Judge Thomas Griesa in Manhattan ruled yesterday that hedge funds are entitled to details of a recent bond offering by Buenos Aires, reports

  3. Fund managers express concern of overvaluation in both equity and bond markets[more]

    Komfie Manalo, Opalesque Asia: According to the BofA Merrill Lynch Fund Manager Survey, investors see growing overvaluations in both

  4. Update: Wall Street has strong feelings about Jon Corzine trying to make a comeback[more]

    From Businessinsider.com.au: Former New Jersey Governor Jon Corzine is thinking about starting his own hedge fund, according to the Wall Street Journal, and because of the way his last firm imploded, Wall Street has strong feelings about that. “Truth is the larger seeders would never give him money

  5. Opalesque Exclusive: Cybersecurity and hedge funds - A manager’s experience, Part Four[more]

    Benedicte Gravrand, Opalesque Geneva: Ruane, Cunniff and Goldfarb, Inc. used to have their own IT infrastructure. Todd Ruoff, Executive Vice President in charge of trading, operations and technology, was responsible for its maintenance. Then he started looking at outsourced providers a couple of

 

banner