Thu, Oct 20, 2016
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Alternative Market Briefing

Emerging manager hedge funds and CTAs gained 0.72% in April (+3.18% YTD)

Tuesday, May 21, 2013

Florian Guldner, Opalesque Research:

Emerging manager hedge funds and managed futures funds posted their sixth consecutive positive month in April, according to an estimation based on the data of 240 funds listed in Opalesque Solutions' Emanagers database.

The Emanagers Total Index was up 0.72% last month, resulting in a year-to-date performance of +3.18%. Since inception in January 2009, the index returned 69%, compared to 44% for the Eurekahedge Hedge Fund Index and 61% for the MSCI World Index.

Both hedge funds and CTAs were successful in April: The Emanagers Hedge Fund Index gained 0.79% (+4.41% YTD), while the Emanagers CTA Index was up 0.59% (+0.97% YTD).

While new hedge fund managers performed in line with their established peers, managed futures strategies traded by emerging managers failed to keep up with the industry's largest firms: The Eurekahedge Hedge Fund Index rose 0.82% (+3.79% YTD) and the Newedge CTA Index gained 1.45% (+4.36% YTD).

Long positions did well as the MSCI World index advanced 2.90% last month:

  • Global macro hedge funds delivered the best results last month with an average gain of 2.56%. Event-driven (+0.97%), equity long-bias (+0.63%) and relative value strategies (+0.23%) were profitable in April, while multi-strategy (-0.57%) and equity L/S funds (-0.13%) ......................

    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. M&A - U.S. hedge fund HarbourVest is shock winner in the £1.1bn SVG Capital takeover saga, Hedge fund Parvus shows hand, toppling William Hill merger deal[more]

    U.S. hedge fund HarbourVest is shock winner in the £1.1bn SVG Capital takeover saga From The fierce battle to buy Britain's biggest private equity group has come to an unexpected conclusion, with the original bidder walking away with the prize. SVG Capital has agreed

  2. Marc Lasry: Energy is still a phenomenal opportunity[more]

    From Distressed debt specialist Marc Lasry said energy debt is still a "phenomenal opportunity" because investors can get "massively overpaid" for the risk they take on. There are "huge opportunities" in the energy sector especially in restructurings, the Avenue Capital Group CEO said Tues

  3. Opalesque Exclusive: Ex-SAC manager re-emerges with market neutral hedge fund[more]

    Benedicte Gravrand, Opalesque Geneva for New Managers: A manager re-emerged from the SAC battleground last year to launch his own hedge fund under the umbrella of New York-based investment firm Endicott Group.

  4. North America - Hedge-fund manager Kyle Bass says the U.S. is on track for stagflation, Billionaire hedge fund titans Dinan, Lasry on election, markets and best investment ideas[more]

    Hedge-fund manager Kyle Bass says the U.S. is on track for stagflation From Kyle Bass, founder of Hayman Capital Management, on Wednesday warned that the U.S. is headed toward so-called stagflation. Stagflation is typically described as persistently high inflation and hi

  5. Macro hedge funds up 3.3% in one week on Fed and Brexit pays off[more]

    Komfie Manalo, Opalesque Asia: Hedge funds were boosted by the strong performance of global macro funds, with the Lyxor Global Macro Index gaining 3.3% as of the week ending Oct. 11 (-1.7% YTD), Lyxor Asset Management reported. Their short on the p