Fri, Jul 3, 2015
A A A
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. Opalesque Exclusive: New systematic strategy managed alongside research firm outperforms S&P500[more]

    Benedicte Gravrand, Opalesque Geneva for New Managers: An emerging CTA manager explains how he runs his strategy, which is based on an index produced by a research firm. Peter Turk is head of

  2. Opalesque Exclusive: New systematic strategy embraces machine learning[more]

    Benedicte Gravrand, Opalesque Geneva for New Managers: The founder of a New York-based systematic trading firm, which offers a hybrid between alpha strategies and alternative feta at lower fees, describes his approa

  3. Larry Robbins' hedge fund Glenview buys 1m Tenet Healthcare shares[more]

    Komfie Manalo, Opalesque Asia: Glenview Capital Management said it bought an additional 979,482 shares at Tenet Healthcare Corp valued at $53.80 million, raising its stakes in the healthcare services company to 15.16%, reported

  4. Legal - Grayson’s hedge funds under scrutiny for possible ethics violations, Court rejects hedge fund’s motion to block merger of Samsung affiliates[more]

    Grayson’s hedge funds under scrutiny for possible ethics violations From Freebeacon.com: Rep. Alan Grayson is finding himself in hot water over managing hedge funds that bear his name, actions that are in possible violation of House ethics rules. Sitting members of Congress are prohibite

  5. Hedge funds panic over Greece[more]

    Komfie Manalo, Opalesque Asia: Some investors are in panic mode as Greek Prime Minister Alexis Tsipras announced Sunday night that the banks and the stock market would be closed Monday, said

 

banner