Fri, Jul 31, 2015
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Alternative Market Briefing

Eurekahedge reports global hedge funds in positive territory for February

Tuesday, March 12, 2013

Beverly Chandler, Opalesque London: Eurekahedge reports that its benchmark Hedge Fund Index was up 0.13% over the month of February, outperforming the MSCI World Index which showed a loss of 0.07%.

Key highlights for February 2013 included the Eurekahedge Japan Hedge Fund Index crossing the 200-point mark for the first time to reach its highest level on record, with Japanese hedge funds experiencing their strongest three month return on record, up by 10.50%.

In terms of European hedge funds, they outperformed underlying markets by 3.28%, while event driven hedge funds witnessed their ninth consecutive month of positive returns - up nearly 10% since June last year.

Eurekahedge finds that nearly 200 hedge funds are up more than 10% so far in the year. Looking back to specific strategy performance over January, the asset-weighted Mizuho-Eurekahedge Asia ex-Japan Long Short Equities Index was up 1.02%, while January saw CTA/managed futures funds post the lowest returns, down 1.23% driven primarily by currency and commodity price movements. Long term trend-following strategies reported losses from currency positions as the Euro’s trend of gains reversed during the month.

Eurekahedge hedge writes: "February witnessed diverging trends among global markets with US and European indices finishing with contrasting results. Risk aversion increased mid-month and the S&P dropped below the 1500 mark in the third week of ......................

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. Opalesque Exclusive: Despite bumpy June/July, CTAs hold on[more]

    Bailey McCann, Opalesque New York: To say that things have been rocky in managed futures recently is putting it mildly. In June, the industry saw its worst month on a performance basis in the past four years. Then yesterday,

  2. Investing - Hedge funds, seeing opportunity, invest in struggling hotels in Puerto Rico[more]

    From NYTimes.com: Puerto Rico’s tourism industry has fallen victim to the island’s struggling economy, hit by one misfortune after another. In March, the San Juan Beach Hotel filed for bankruptcy. This week, the Condado Plaza Hilton was forced to close its casino. But nearly two thousand miles away,

  3. Investing - Hedge fund billionaires bet on London as revival gathers pace[more]

    From Bloomberg.com: London’s fund industry is bouncing back, and U.S. billionaires Steven A. Cohen and Ken Griffin are grabbing a piece of the action. Griffin’s Citadel and Millennium Management, a hedge fund run by Israel Englander, have bulked up in London, where asset growth is outpacing the U.S.

  4. Opalesque Roundup: Hedge fund assets rose to 11th consecutive quarterly record level: hedge fund news, week 31[more]

    In the week ending 24 July, 2015, the total global hedge fund industry assets rose to the 11th consecutive quarterly record level in 2Q15 to $2.97tln; Eurekahedge reported that hedge funds raised $93bn in the first six months of 2015; The SS&C GlobeOp Forward Redemption Indicator for July 201

  5. Other Voices: Same day reporting and the evolving role of fund administrators[more]

    By: Scott Price, Head of Business Development and Client Management for North America, Maitland Ernst & Young’s latest glob

 

banner