Fri, Sep 30, 2016
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Alternative Market Briefing

Eurekahedge reports Japanese hedge funds enjoyed longest winning streak on record, up 4.22% in April, 15.87% year to date

Wednesday, May 08, 2013

Beverly Chandler, Opalesque London: Eurekahedge reports that the start of April witnessed some profit taking from the equity markets amid some disappointing global economic data. The result was that the S&P 500 dipped below the 1550 mark by mid-month amid news of less-than-expected Chinese growth hit global markets. However, hedge funds posted positive returns over the month with the Eurekahedge Hedge Fund Index up 1.09% during the month, while the MSCI World Index gained 2.02% in April.

Eurekahedge writes: "The markets however, brushed off initial disappointment amid the earnings season, some positive economic data from the US and the installation of an Italian government in Europe. Most major hedge fund investment regions delivered positive returns for the month, with Japanese managers posting the strongest returns for yet another month."

The Eurekahedge Japan Hedge Fund Index was up 4.22% in April, bringing its year-to-date return to 15.87% and extending their winning run to eight consecutive months - making it the longest winning streak on record for Japanese funds. The Nikkei 255 was up 11.8% during the month.

Asia ex-Japan managers also delivered positive returns in April with gains of 2.37%, outperforming the underlying markets for the second consecutive month as the MSCI Asia ex Japan Index was up 1.87% during the month. Managers investing in India witnessed the strongest returns with an average g......................

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. 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

  2. "Hedge fund industry needs to shrink"[more]

    Komfie Manalo, Opalesque Asia: Writing for CNBC, Josh Brown, creator of The Reformed Broker blog and financial advisor for Ritholtz We

  3. Strategy - Voyager Management wants to invest in smaller hedge funds[more]

    From Valuewalk.com: Voyager Management, a $475 million fund of funds, is looking to downsize the hedge fund’s in which they invest, looking for smaller funds with assets under management that enable the fund to be nimble. The fund is looking for noncorrelation and will consider long / short equity

  4. Asia - Quant hedge funds are China's hot new export, Europe banks return to Korean brokerage market; target debt, alternative products[more]

    Quant hedge funds are China's hot new export From Bloomberg.com: Add China’s quant shops to the list of hedge funds branching out across Asian markets. Quantitative money managers from the world’s second-largest economy are opening offshore funds at a never-before-seen pace, according to

  5. Hedge funds pull back from Deutsche Bank[more]

    Bailey McCann, Opalesque New York: Hedge funds are pulling some of their business from Deutsche Bank, according to a Bloomberg report. People familiar with th