Wed, Mar 21, 2018
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Alternative Market Briefing

Emerging manager hedge funds and CTAs up 0.17% in February (+1.93% YTD)

Friday, March 22, 2013

Florian Guldner, Opalesque Research: Emerging manager hedge funds and managed futures funds ended February almost flat, according to a first estimation based on the data of 229 funds listed in Opalesque Solutions' Emanagers database.

The Emanagers Total Index gained 0.17% last month and is up 1.93% year-to-date. Estimates for January and December were corrected to +1.76% and +0.81%, 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.

Trading strategies brought mixed results: The Emanagers Hedge Fund Index was up 1.09% (+3.60% YTD), while the Emanagers CTA Index lost 0.96% (-0.36% YTD). However, the CTA Index result is influenced by one extreme outlying observation (a monthly loss of 30%), while the rest of the group was virtually flat.

Emerging managers performed worse than their established peers in February (Eurekahedge Hedge Fund Index: +0.19%, Newedge CTA Index: +0.10%) as well as the MSCI World Index, which gained 0.22%.

Except for managed futures, all hedge fund trading strategies won last month:

  • Equity long-bias hedge funds gained 2.47% beating their benchmark, while long/short funds only gained 1.03%. Event-driven strategies were up 1.36%, followed by multi-strategy (+1.03%) and rel......................

    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. John Paulson, once the industry's largest hedge fund, to return some investors' money[more]

    Komfie Manalo, Opalesque Asia: John Paulson is reported to be retuning some of his investors' money as a number of his hedge funds continue to suffer setbacks, reports

  2. DoubleLine's Gundlach sees U.S. 10-year Treasury yield rising, weighing on stocks[more]

    From Reuters/ Jeffrey Gundlach, the chief executive of DoubleLine Capital and known on Wall Street as the "Bond King," said on Tuesday the yield on the U.S. 10-year Treasury note will likely move higher and pressure riskier assets including equities and junk bonds. Gundlach, on an

  3. SEC charges Theranos CEO Holmes with fraud[more]

    Bailey McCann, Opalesque New York: The SEC has charged Elizabeth Holmes, founder and CEO of Theranos and its former President Ramesh "Sunny" Balwani with raising more than $700 million from investors through an elaborate, years-long fraud in which they exaggerated or made false statements about t

  4. Institutional Investors - Overdrawn pension fund scores gains[more]

    From Investments in big banks, pawn shops and rolling papers helped boost public safety workers' underfunded pensions this past calendar years, according to newly released figures. After recording middling returns in recent years, the Police & Fire Pension Fund (P&F) notched

  5. Hot hedge fund loses 21% after bet on volatility goes wrong[more]

    From In December, Shahraab Ahmad shared with his hedge fund clients the principle that helped him trounce peers for two turbulent decades: steer clear of the crowd. He'd turned $50 million into an operation with more than $700 million over three years and delivered market-beating retu