Sat, Oct 22, 2016
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Alternative Market Briefing

All Lyxor indices in positive territory for October; Lyxor Hedge Fund Index up 1.58% for month, 4.8% ytd

Tuesday, November 12, 2013

Beverly Chandler, Opalesque London:

Lyxor reports that all the Lyxor Strategy Indices ended the month of October in positive territory, led by the CTA Long Term (+4.03%), the L/S Equity Market Neutral (+1.77%) and the L/S Equity Long Bias (+1.63%). The Lyxor Hedge Fund Index posted a positive performance of 1.58% in October (+4.80% YTD).

"Markets remain driven by central banks largesse despite signals of economic recovery. High beta strategies have delivered and hedge fund managers are positioned to benefit from it" says Philippe Ferreira, Head of Research and External Relations at Lyxor AM Managed Account Platform. The firm writes that hedge funds were helped by rising asset prices and delivered solid results. Strategies exposed to equities performed the best. The median exposure to equities of all hedge funds remained at the top of the range at 33%, suggesting that managers remain constructive.

Equity strategies generated strong performance with Lyxor’s L/S Equity Long bias up 1.6% in October (13% YTD). "The managers benefited from the high net exposure to equities (73%). L/S Equity Variable bias managers were up 1.6%; with a net exposure at the end of October at 36%. Sector positioning in US equities increased on financials, communication and materials and decreased on Consumer Staples. In Europe, the biggest increase in net exposure was in Communications while net exposure decreased in Industrials and Consumer Staple......................

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. Other Voices: Follow the advice of investment consultants - I think not[more]

    Mark Rzepczynski, Founding Partner, Chief Investment Officer AMPHI Research and Trading, writes on Harvest Exchange: Investment consultants are a force to the reckoned with in the pension world. They advise and drive many pension decisions around the globe. Consultants literally control trillion