In the week-ending February 8, 2013, the world’s largest hedge fund, Bridgewater Associates, said it would launch the new All Weather Major Markets hedge fund this year; Avenue Capital Group was reported to be preparing a new $500m fund that is focused on Europe; and Morgan Stanley launched a new fund under its FundLogic Alternatives umbrella.
Geneva-based Syz & Co closed its Oyster Multi-Manager Asia product, a fund of hedge funds that had heavy exposure to China managers.
The HFRX Global Hedge Fund Index index gained 1.96% in January 2013;
The HFRU Hedge Fund Composite Index was up 0.83%;
The Credit Suisse Liquid Alternative Beta returned 1.10%;
The Greenwich Global Hedge Fund Index went up 2.62%;
The Eurekahedge Hedge Fund Index was up 1.98%;
The Bloomberg Hedge Funds Aggregate Index rose 0.9%;
The Dow Jones Credit Suisse Core Hedge Fund Index closed up 1.61%;
The IndexIQ indices revealed the long/short strategy had returned 1.77%;
And he UCITS Alternative Index Global was up 1.03%:
In January, according to Bank of America Merrill Lynch, hedge funds returned 1.74% but still lagged the S&P 500; the hedge fund industry, which averaged returns of +2.79%, st......................
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