Mon, Sep 22, 2014
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Alternative Market Briefing

Eurekahedge reports hedge funds up 0.71%in March, 2.98% year to date with Japanese hedge funds up 10.78% in the first quarter

Wednesday, April 10, 2013

Beverly Chandler, Opalesque London: The Eurekahedge Hedge Fund Index was up 0.71% during March, against the MSCI World Index return of 1.76%.

Key highlights for March 2013 included:

  • Early reports indicate positive asset flows to hedge funds in March; 1Q 2013 witnessed positive asset flows of $20bn
  • Japanese hedge funds witnessed the strongest quarter on record, up 10.78% in 1Q 2013
  • Launch activity picks up in 2013 with nearly 200 funds launched so far in the year
  • Asia ex-Japan and European hedge funds outperformed underlying markets by 2.3% and 0.41% respectively
  • Distressed debt and event driven were the best performing strategies in 1Q 2013, up more than 5% each year-to-date
Eurekahedge reports that the asset-weighted Mizuho-Eurekahedge Asia ex-Japan Index grew 6.35% in the first quarter of 2013.

Regionally, Eurekahedge reports that North America witnessed a continuation of the rally in equity markets amid positive economic data, while Japanese stocks also extended their winning run with further devaluation of the yen. European markets underperformed during the month as concerns over the region’s sovereign debt situation resurfaced due to Cyprus’ banking crisis and questions over its bailout.

The firm writes: "Returns were mixed among the various hedge fund regions with Japanese managers posting the strongest returns during the month. The Eurekahedge Japanese Hedge Fund......................

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. SEC charges 19 investment firms and one trader for breach of Rule 105[more]

    Benedicte Gravrand, Opalesque Geneva: The Securities and Exchange Commission (SEC) started a push to enhance the enforcement of Rule 105 of Regulation M last year to uncover hedge funds and private equity firms that have illegally participated in an offering of a stock after short selling it duri

  2. Fund managers, bullish on Europe, anticipate monetary policy separation of Fed and ECB[more]

    Komfie Manalo, Opalesque Asia: At least 202 fund managers with $556bn of assets under management said that while the European Central Bank (ECB) has eased its monetary policy that sent sentiments towards Europe to pick up, the Fed is expected to hike its rate in the spring of 2015. Investor

  3. Institutions - North Carolina workers call on state pension to dump up to $6bn in hedge funds, UK pension fund criticizes hedge fund fees[more]

    North Carolina workers call on state pension to dump up to $6bn in hedge funds From Forbes.com: The State Employees Association of North Carolina this afternoon called on state Treasurer Janet Cowell to withdraw all investments in hedge funds, which appear to amount to approximately $6 b

  4. News Briefs - Limited partners of investment managers may be subject to self-employment taxes, Just one week left until NYC's Rocktoberfest[more]

    Limited partners of investment managers may be subject to self-employment taxes On September 5, 2014, the Internal Revenue Service (“IRS”) issued Chief Counsel Advice 201436049, concluding that members of an investment manager were subject to self-employment taxes with respect to their e

  5. Institutions - Adviser's faith in hedge funds unshaken by CalPERS' move Advisers weigh in on CalPERS’ decision, Gina Raimondo sees no reason to follow California’s lead, exit hedge funds, Danish pension funds step up 'alternative investments'[more]

    Adviser's faith in hedge funds unshaken by CalPERS' move From WSJ.com: Financial advisers who use hedge funds in their clients' portfolios say they aren't rethinking that approach after a huge California pension fund announced plans to exit the hedge-fund market. The decision by the Cali