Mon, Jul 28, 2014
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Alternative Market Briefing

Emerging manager hedge funds and CTAs gain 1.82% in first month of 2013

Wednesday, February 20, 2013

Florian Guldner, Opalesque Research:

Emerging manager hedge funds and managed futures funds started the new year with strong performance, according to a first estimation based on the data of 224 funds listed in Opalesque Solutions' Emanagers database.

The Emanagers Total Index continued its positive year-end trend and was up 1.82% in January. Estimates for December and November were corrected down to +0.75% and +0.11%, respectively. Since inception in January 2009, the index posted compounded returns of 67%, compared to 41% for the Eurekahedge Hedge Fund Index and 53% for the MSCI World Index.

Both hedge funds and CTAs generated profits last month: The Emanagers Hedge Fund Index gained 2.56%, while the Emanagers CTA Index was up 0.64%.

However, emerging managers did not (significantly) outperform their established peers in January (Eurekahedge Hedge Fund Index: +2.22%, Newedge CTA Index: +1.47%) and lagged behind the MSCI World Index, which posted a gain of 5%.

The macroeconomic environment in January drove a global stock market rally, helping all hedge fund strategies to post excellent returns:

Event-driven funds performed best (+5.58%), followed by multi-strategy funds (+2.93%). Directional long-bias and long/short strategies gained 2.78% and 2.76%, respectively. Global macro hedge funds gained 1.38%, and relative ......................

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. Events – AIMA Australian Hedge Fund Forum, Sept. 16, Sydney[more]

    AIMA Australia invite you to join us at our annual Hedge Fund Forum on Tuesday 16th September 2014 at the Sofitel Sydney Wentworth. The AIMA Australian Hedge Fund Forum is a non-profit hedge fund conference organised by the industry for the industry, featuring quality Australian and internation

  2. Opalesque Roundtable: Success in hedge fund marketing not linked to performance, but investor appetite[more]

    Komfie Manalo, Opalesque Asia: Success in marketing a fund is not linked to the performance, but to investor appetite, to the way you can market the fund, and to how much time you can spend to raise assets, said Antoine Rolland, the CEO of incubator and seeding firm

  3. Opalesque Exclusive: Loeb, Grantham cite growing economic concerns in letters[more]

    Bailey McCann, Opalesque New York: Hedge fund manager Daniel Loeb, head of Third Point, and Jeremy Grantham of Grantham, Mayo, Van Otterloo & Co. have both released their quarterly investor letters today. While news is positive on some fronts, and both men see pockets of opportunity, they also h

  4. Investing – Hedge funds expect Netflix earnings to catapult forward, Third Point's Loeb takes stakes in Fibra Uno, YPF, Royal DSM, Lake Capital in talks to back Engine Group[more]

    Hedge funds expect Netflix earnings to catapult forward From Investing.com: Netflix has made major strides forward in 2014 despite ongoing battles with the FCC and cable companies over the issue of net neutrality. The FCC has now received over 500,000 comments from the public on its pend

  5. Hedge fund manager Winton Capital making headway with long-only strategy[more]

    From PIonline.com: North American investors are helping Winton Capital Management Ltd. make progress — albeit slowly — toward its founder's goal of becoming a $100 billion company. The firm's ticket to quadrupling its assets under management is unlikely to be one of its scientifically designed manag