Sat, Jan 31, 2015
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. Opalesque Exclusive: Ex-Citi trader launches 'sleep-at-night’ long/short equity fund[more]

    Benedicte Gravrand, Opalesque Geneva for New Managers: After working at Citi's proprietary trading desk, managing a large portfolio between 2008 and 2011, Joel S. Salomon founded SalaurMor Management in New Yor

  2. Investing - U.S. investors favor currency hedged Europe ETFs as euro tumbles, Quants win back investors as Swiss franc fuels volatility gains, David Einhorn's $7bn hedge fund is loading up on this stock, Hedge fund BlueMountain Capital unveils Ocwen Financial short, claims default on notes[more]

    U.S. investors favor currency hedged Europe ETFs as euro tumbles From Reuters.com: U.S. investors stung by the falling euro who want to stay invested in Europe are turning to exchange-traded funds designed to strip out the impact of the region's currency. The biggest among so-called "cur

  3. News Briefs - Millennials use tech tools to jump into investing, Winklevoss twins to launch bitcoin exchange with FDIC insured deposits, Robertson’s legacy from hedge funds to New Zealand, Real estate managers exploring smaller open-end funds[more]

    Millennials use tech tools to jump into investing It is the Facebookification of monetary investing. From social networking platforms that enable young investors to stick to every other's stock-picking mojo, to internet sites for initially-timers hungry for a piece of the Silicon Valley

  4. Update: Prosecutors seek 12 years for hedge fund manager Francisco Illarramendi[more]

    Komfie Manalo, Opalesque Asia: Federal prosecutors have asked the court to sentence convicted hedge fund manager Francisco Illarramendi to 12 years imprisonment for running an elaborate Ponzi scheme that bilked investors hundreds of millions in dollars, including a Venezuelan pension fund, report

  5. Institutions - Ontario pension fund leader calls all asset classes ‘expensive’, Taiwan's BLF plans $2bn in alternative mandates[more]

    Ontario pension fund leader calls all asset classes ‘expensive’ From WSJ.com: The head of one of the world’s largest pension funds said that across asset classes, “everything is expensive.” Ron Mock, who leads Canada’s $141 billion Ontario Teachers’ Pension Plan, said that the plan would