Fri, May 6, 2016
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Alternative Market Briefing

Third quarter could prove decisive for the hedge fund industry

Friday, September 27, 2013

amb
Amy Bensted
Benedicte Gravrand, Opalesque Geneva:

According to Preqin, an intelligence firm focused on the alternative asset industry, "the third quarter of this year could prove to be a decisive one for the hedge fund industry."

The 2013 Preqin Investor Network Global Alternative Report is a 105 page report exclusively aimed at institutional investors, which gives a complete review of the alternative assets industry. Preqin Ltd. supplied Opalesque with some updates on the report’s May numbers.

According to Preqin’s breakdown (Fig.1), the most launched strategy in 2013 so far is Long/Short. This is followed by Macro and Event Driven.

Managers have bet the right way in opting for the long/short strategy as such funds have been doing well so far this year, even though they were down a bit in August. The Credit Suisse Long/Short Equity Index was down 1.11% then but up 7.89% YTD. The Event Driven main index was among the best performing, down 0.04% in August and up 8.60% YTD. And the Global Macro index was down 0.92% that month and up 0.66% YTD. According to data provider ......................

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. Comment - Unmasking the men behind Zero Hedge, Wall Street's renegade blog[more]

    From Bloomberg.com: Colin Lokey, also known as "Tyler Durden," is breaking the first rule of Fight Club: You do not talk about Fight Club. He’s also breaking the second rule of Fight Club. (See the first rule.) After more than a year writing for the financial website Zero Hedge under the n

  2. Opalesque Exclusive: Hedge fund talent, fees take a hit at the Milken Global Conference[more]

    Bailey McCann, Opalesque New York: It's been a rough year for hedge funds and now, even other managers are panning them. "Frankly, I’m blown away by the lack of talent," was Point 72 CEO Steven Cohen's assessment of trying to find candidates to hire in the investment business at a panel o

  3. Hedge funds fell in April as alternative UCITS surge in Europe[more]

    Komfie Manalo, Opalesque Asia: Hedge funds shed more in April with the Lyxor Hedge Fund Index down 0.9% during the month (-2.8% YTD), but there was some good news with alternative UCITS showing strong inflows in Europe. In its Weekly Briefing, Lyxo

  4. Global hedge funds recover in April on resurging energy commodities[more]

    Komfie Manalo, Opalesque Asia: Global hedge funds recovered in April with the HFRX Global Hedge Fund Index gaining +0.41% last month (-1.47% YTD), while the HFRX Market Directional Index gained +5.31% during the same

  5. AIG lost $349m in hedge fund portfolio in Q1[more]

    Komfie Manalo, Opalesque Asia: Large US insurance group AIG lost a net $183m for the first quarter 2016, year-on-year. The group blames the loss on the impact of market volatility on investments, as well as net realised capital losses and restructuring costs. Its hedge fund portfolio made a n