Mon, Jul 24, 2017
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Alternative Market Briefing

Hedge funds down -1.42% to -1.33% over all strategies in June

Thursday, August 01, 2013

Bailey McCann, Opalesque New York:

The June sell off in equities markets, and subsequent downward pressure on hedge fund performance in June has been well documented. However, new data from Citi Prime Finance provides a more granular view that may well highlight key trends emerging in the industry. Unlike other prime brokers that look across an internal dataset that typically constitutes only several hundred hedge funds, Citi aggregates information across multiple industry-leading data sets and proprietary information deemed important by the hedge fund industry.

According to the stats, composite hedge fund performance, equal-weighted across funds, was down in June 2013 with performance ranging from -1.42% to -1.33%. Across the major hedge fund indices returns were lower than the previous month which experienced +0.49% to +0.75% over the same period.

Hedge fund strategy wise, top performing strategies in June 2013 include Dedicated Short +0.45% Equity Market Neutral -0.40% , and Convertible Arbitrage -0.70%. The lowest performing strategies include Emerging Markets -4.11%, CTA/Managed Futures -1.77%, and Global Macro at -1.64%.

Across the subset of hedge funds reporting performance and AUM, the monthly median performance for large single funds (>$500 million) was -1.7%, medium single funds ($100–$500 million) -1.2% and small single funds ($500 million AUM) continue to hold......................

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. Already above average, Singapore high-networth investors add hedge funds and alternative investments[more]

    Komfie Manalo, Opalesque Asia: An above-average proportion of Singaporean HNW wealth is allocated to alternative investments - the majority of which is held in hedge funds, according to the latest research by ReportLinker. In its report entitled, Wealth in Singapore: HNW Investors 2017

  2. Launches - Crypto boom: 15 new hedge funds want in on 84,000% returns, Crypto madness is striking VCs as Union Square analyst leaves to start new fund[more]

    Crypto boom: 15 new hedge funds want in on 84,000% returns From Forbes.com: With 43 projects raising $1.2 billion in initial coin offerings since May 1, according to Nick Tomaino's The Control, and with stratospheric returns for so many ICOs -- 82,000% for Ethereum, 56,000% for IOTA, 44,

  3. FinTech - The machines are coming... Elon Musk's grim warning, Tezos' $232 million ICO may just be the beginning, A gentle introduction to Initial Coin Offerings (ICOs), Billion dollar tokens, ICOS & crazy market swings WTF is going on!?, How AI is changing the way we invest, How the tech revolution is bringing flip-flops and beanbags to Wall Street, A 'machine-learning' approach to venture capital[more]

    The machines are coming... Elon Musk's grim warning From Tenplay.com.au: Tesla chief Elon Musk has called on US Governors to take 'decisive' action to curtail "the greatest risk we face as a civilization": Artificial Intelligence, or AI. Speaking at a meeting of the National Governor Ass

  4. News Briefs – Sears inks $200 million credit line from CEO Eddie Lampert's hedge fund, shares jump 9%, Rwanda: Global hedge fund to increase investments[more]

    Sears inks $200 million credit line from CEO Eddie Lampert's hedge fund, shares jump 9% Sears Holdings has landed a fresh line of credit, valued at $200 million, from its CEO Eddie Lampert's hedge fund, the retailer said Monday. Sears' stock climbed about 9 percent higher Monda

  5. Despite current limits, robo-advisors will be preferred investment solution for retail, gain importance for affluent and high net worth[more]

    Matthias Knab, Opalesque: Flynt, a Swiss FinTech focusing on proprietary technology platform for private and institutional clients, has published a brief paper on "Investing in the world of robo-advice and passive instruments". As investors will become more reluctant to pay for investment advi