Fri, Aug 1, 2014
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Alternative Market Briefing

SEB Group reports that first quarter hedge fund returns in 2013 were almost in line with whole of 2012

Thursday, June 20, 2013

Beverly Chandler, Opalesque London: SEB Group has reported on hedge funds for the fourth quarter of 2012 and first quarter of 2013. The bank writes: "Almost every strategy continued its strong fourth quarter trend, with the exception of Macro/CTA, which hovered around zero. There is still good potential for every strategy, although the rate of return will probably not be as high for the rest of the year."

For the first quarter of 2013, SEB found that hedge funds had already generated a return in line with full-year 2012. "Since the fourth quarter of 2012, the markets have gradually returned to being governed by company and macroeconomic fundamentals, which has been a good climate for hedge fund managers. Hedge funds as a whole have had a good start to the year, generating 3.1% during the first quarter, compared to a full-year return of 3.5% for 2012" SEB writes.

The bank found variation within and between strategies, writing that equity long/short and event driven strategies have benefited most from more "normalised" market conditions, with gains of over 5% this year. "Meanwhile, Macro/CTA has stayed just above zero, which is lower than we expected, but there is considerable variation among hedge fund managers."

The firm found that there is still a good potential for every strategy, with more sustained trends that should favour CTA (strategies based on mathematical models), while large global imbalances create oppor......................

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: Kyria Capital Management bets on women hedge fund managers[more]

    Bailey McCann, Opalesque New York: As hedge fund assets top $3 trillion, and long/short strategies get more crowded than ever, with every manager hunting for even the tiniest bit of alpha, a new firm has emerged that claims its own edge – women. A recent Rothstein Kass study showed women-owned a

  2. Hedge fund manager Winton Capital making headway with long-only strategy[more]

    From PIonline.com: North American investors are helping Winton Capital Management Ltd. make progress — albeit slowly — toward its founder's goal of becoming a $100 billion company. The firm's ticket to quadrupling its assets under management is unlikely to be one of its scientifically designed manag

  3. Opalesque Roundtable: Success in hedge fund marketing not linked to performance, but investor appetite[more]

    Komfie Manalo, Opalesque Asia: Success in marketing a fund is not linked to the performance, but to investor appetite, to the way you can market the fund, and to how much time you can spend to raise assets, said Antoine Rolland, the CEO of incubator and seeding firm

  4. Opalesque Radio: Now is a good time to buy protection cheaply in the options market[more]

    Benedicte Gravrand, Opalesque Geneva: Investors are showing an increased interest in risk parity funds and strategies, Opalesque reported last year. Risk parity strategies have the

  5. The Big Picture: Charlemagne Capital smoothes risk out of frontier market investing with portfolio approach[more]

    Benedicte Gravrand, Opalesque Geneva: Opalesque recently talked to one of the portfolio managers of the Oaks funds, which are emerging and frontier market hedge funds focusing on equity long/short with a directional approach. They are run by