Thu, May 26, 2016
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Alternative Market Briefing

Preqin study finds long/short equity funds have outperformed other strategies over first quarter

Friday, April 26, 2013

Beverly Chandler, Opalesque London: Latest research from Preqin reveals that long/short hedge funds have outperformed other strategies in the first quarter of 2013 with cumulative net returns of 4.43%. The strategy is described by Preqin as the most popular single strategy hedge fund for institutional investors, with 43% of investors that are planning on making new allocations to hedge funds in the next 12 months favouring this strategy.

According to their research, macro strategies hedge funds posted returns of only 1.17% in the first quarter of 2013, and fund launches for this type decreased from 32% of all hedge funds in the fourth quarter of 2012 to 14% in first quarter 2013. However, the company reports that investor appetite for macro funds is at its highest level since the second quarter of 2012, with 29% of investors indicating that they are seeking macro hedge funds, compared with 37% of investors in the second quarter of 2012.

Other key facts from the Preqin report include:

  • Long/short equity funds account for 58% of all hedge fund launches in Q1 2013, significantly higher than the 36% of hedge fund launches which were represented by the long/short strategy in Q1 2012.
  • CTAs were the worst performing hedge funds in Q1 2013, with net returns of 0.21%; investor appetite for this strategy has fallen from 25% of searches issued in Q2 2012 to 17% in Q1 2013.
  • Event driven strategies posted the highest......................

    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. Paul Tudor’s hedge fund trims fee amidst poor performance, keep investors[more]

    Komfie Manalo, Opalesque Asia: Paul Tudor’s $11.6bn hedge fund firm Tudor Investment Corp. announced on Monday it would slash down fees of one of its biggest fund to 2.25% of assets and 25% of profits amidst backlash arising from poor performa

  2. Ares Capital to buy American Capital in $3.4 billion deal[more]

    From PIOnline.com: Ares Management's business development company Ares Capital Corp. is buying troubled BDC American Capital for $3.43 billion, said a joint news release by the BDCs and another release by Ares Management. Ares Capital Corp.'s assets are expected to grow to about $13.2 billion when t

  3. Performance - Hedge fund ETFs take a battering, Have long-short credit funds delivered?[more]

    Hedge fund ETFs take a battering From ETFStrategy.co.uk: It was a blow for the hedge fund world when Hillary Clinton’s son-in-law Marc Mezvinsky announced he would be closing his Greek-focused fund after it plummeted in value by 90%, just two years after it launched. For passive investor

  4. West Virginia objects to Alpha Natural sale to hedge fund[more]

    From AP/Heraldcourier.com: West Virginia's environmental authority has filed an objection to the proposed $500 million sale of Alpha Natural Resources' assets to a hedge fund, arguing that the deal could leave the state holding hundreds of millions in reclamation liabilities. The Register-Hera

  5. Launches - Man Group and American Beacon launch new emerging debt fund, Nikko AM launches new Japan equity UCITS fund[more]

    Man Group and American Beacon launch new emerging debt fund American Beacon Advisors, an experienced provider of investment advisory services to institutional and retail markets, launched the American Beacon GLG Total Return Fund today. The Fund became effective May 20. The America