Fri, Sep 30, 2016
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 0.66% in March (+2.51% in Q1)

Tuesday, April 23, 2013

Florian Guldner, Opalesque Research:

Emerging manager hedge funds and managed futures funds made small profits in March, according to an estimation based on the data of 234 funds listed in Opalesque Solutions' Emanagers database (Source).

The Emanagers Total Index gained 0.66%, finishing the first quarter of 2013 up 2.51%. Since inception in January 2009, the index returned 68%, compared to 43% for the Eurekahedge Hedge Fund Index and 57% for the MSCI World Index.

Both hedge fund and managed futures traders were profitable in March: The Emanagers Hedge Fund Index was up 0.87% (+3.78% YTD), while the Emanagers CTA Index gained 0.34% (+0.33% YTD).

However, new managers performed worse than their established peers once more: The Eurekahedge Hedge Fund Index rose 0.95% (+3.21% YTD) and the Newedge CTA Index gained 1.29% (+2.87% YTD).

The global stock market had another strong month, as the MSCI World Index gained 2.39% in March. For the first quarter, the index is up already 7.87%. All equity trading strategies were able to deliver good results in this environment:

  • Event-driven hedge funds performed exceptionally well with average gains of 2.19%. Multi-strategy funds were up 1.67%, followed by relative value (+1.1%) and global macro (+0.......................

    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. Studies - Hedge funds’ study reveals vast disparity in types of investors securing side letter arrangements, Cambridge: Look to private investments for best access to LatAm growth[more]

    Hedge funds’ study reveals vast disparity in types of investors securing side letter arrangements A new study of the hedge fund space by industry law firm Seward & Kissel LLP reveals a wealth of information regarding established hedge fund managers’ use of side letters—special agreements

  2. Activist News - Caesars 'optimistic' on deal with hedge fund creditors[more]

    From Reuters.com: Caesars Entertainment Corp said on Monday it remains "optimistic" of reaching a $5 billion deal with the bulk of its creditors to push its main operating unit out of bankruptcy, but one hedge fund bondholder said it will pursue litigation. Caesars offered a sweetened $5 billion set

  3. Hedge funds recover from losses as central banks give markets a respite[more]

    Komfie Manalo, Opalesque Asia: The Lyxor Hedge Fund index was up 0.4% from the week ending September 20 (-2.4% YTD), supported by the willingness of central banks to remain accommodative, Lyxor Asset Management said in its weekly briefing. It ad

  4. Perry Capital closing flagship fund after almost three decades[more]

    From Blooomberg.com: Richard Perry, one of the biggest names in hedge funds, is calling it quits after 28 years. Perry, 61, is winding down his New York-based flagship fund as the industry confronts one of the most tumultuous periods in its history. In a letter to investors Monday, he said his style

  5. Eden Rock buys Gottex stake in ERG Asset Management[more]

    Matthias Knab, Opalesque: Eden Rock Group announced the purchase of Gottex’s stake in ERG Asset Management and so the firm is now wholly owned by Eden Rock. The two firms established the joint venture in 2011 to focus on providing cost effective solutions to funds holding illiquid investments, as