Mon, Jan 23, 2017
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Alternative Market Briefing

Hedge funds rebound in July, led by Equity Long/Short funds - Citi Prime Finance

Thursday, August 29, 2013

Bailey McCann, Opalesque New York:

Hedge fund strategies across the board rebounded in July after a major sell off in June, according to the latest data from Citi Prime Finance. Citi aggregates information across multiple industry-leading data sets to create its hedge fund monitor, providing the largest, single consolidated view of fund information possible across all of the leading industry data providers. This view is supplemented with proprietary Citi data deemed important to the hedge fund community.

According to the report, composite hedge fund performance, equal-weighted across funds, was up in July, with performance ranging from +1.01% to +1.40%. Across the major hedge fund indices returns were higher than the previous month which experienced -1.42% to -1.33% over the same period.

Equity Long/Short funds led the pack at +2.43%, Distressed +1.83%, Event Driven +1.52% and Equity Market Neutral at +1.27%. The lowest performing strategies include Dedicated Short -3.37%, CTA/Managed Futures -0.89%, and Fixed Income Arbitrage at -3.37%.

Net positive investor flows of +$13.5bn for July, marked the fifth period of net positive flows year to date.

In the equities markets, the July rebound was led by small cap, biotechnology, healthcare and financials companies. European markets saw gains in France, Italy, the Netherlands, Spain and Sweden. Asian markets saw declines in volatility, and a sharp drop in the rupee, leaving Hong Kong and Australia to hol......................

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. Investing - This hedge fund made 37% betting on banks in 2016 and remains bullish after the Trump rally, Hedge fund legend David Einhorn is making a big bet on GM, After impressive 85% return in 2016, hedge fund looks to Canadian gold producer, small banks[more]

    This hedge fund made 37% betting on banks in 2016 and remains bullish after the Trump rally From Forbes.com: Can bank stocks continue to rise after a 28% surge in the KBW Bank Index in 2016, fueled by a post-election rally as stock pickers returned to the beaten down sector? Forget the s

  2. SWFs - China sovereign wealth fund CIC plans more U.S. investments[more]

    From Reuters.com: China Investment Corporation (CIC), the country's sovereign wealth fund, is looking to raise alternative investments in the United States due to low returns in public markets, its chairman said on Monday. CIC will boost its investments in private equity and hedge funds as wel

  3. Some hedge funds strong start in 2017 nice contrast to 2016[more]

    With the 2016 HSBC Hedge Weekly performance rankings in the books - a year in which the same leader-board entries pretty much dominated unchallenged throughout the year - comes a new leader board that is a hard-scrabble mix of hedge fund styles and categories. What is clear after but a few short wee

  4. Macro hedge funds and CTAs outperform in December on strong dollar[more]

    Komfie Manalo, Opalesque Asia: The last month of 2016 saw risk assets climbing higher, as part of expectations that the new U.S. administration will remove barriers to growth and investment, Lyxor Asset Management said. December also saw the Fed hik

  5. Opalesque Exclusive: Roxbury credit events UCITS gathers more assets[more]

    Benedicte Gravrand, Opalesque Geneva for New Managers: The Roxbury Credit Events Fund, launched in September 2015, was up 4.24% in 2016, having returned seven positive months during the year. The managers raised