Wed, Oct 14, 2015
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Alternative Market Briefing

Hedge funds outperform in February - Citi Prime Finance

Friday, March 28, 2014

Bailey McCann, Opalesque New York:

Hedge funds posted gains through the month of February, bringing them to highs last seen in Janauary 2013 according to the latest performance data from Citi Prime Finance. Composite hedge fund performance, equal-weighted across funds, was up in February 2014 to the highest levels since Jan-13. Performance ranged from +1.59% to +2.03%. Returns were higher than the previous month which experienced -0.54% to -0.24% over the same period.

Hedge fund strategy wise, top performing strategies in February 2014 include Event Driven at +2.63%, Distressed +2.61%, Equity Long/Short +2.54%, and Multi Strategy at +1.62%. The lowest performing strategies include Dedicated Short -4.24%, Equity Market Neutral +0.96%, and Fixed Income Arbitrage at +1.07%.

Hedge fund industry assets also rose significantly in February 2014 realizing an increase of +$81.9bn for the month after experiencing a decrease of $13.1bn in January. February gains were balanced across investor flows and performance which totaled $41bn respectively. Net positive investor flows of +$40.9bn for February 2014 is the largest inflow to hedge funds on record according to eVestment reporting. The most recent period of investor flows greater than $30bn occurred in Feb-12. YTD investor flows now stand at $42.5bn.

Overall, the troubling circumstances in Ukraine haven't had as big of an effect on markets as some thought it might. But US and European equity markets posted gains as ......................

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. Manager Profile - Pimco alternative funds flourish as 30-year bond rally fades[more]

    From Inside Pacific Investment Management Co., the bond behemoth that lost two chief investment officers last year and saw almost $500 billion of client money leave, a hidden profit engine is easing some of the pain. For more than a decade, Newport Beach, California-based Pimco has qu

  2. Niche Investing - Art investment funds: Attracting institutional and other new investors[more]

    From The Deloitte/ArtTactic Art and Finance Report 2014 (the "Art and Finance Report") noted that the "global art investment fund market was estimated to be worth at least $1.26 billion in the first half of 2014." This seems almost inconsequential when juxtaposed with the $54 billion of

  3. Other Voices: Why fund boards must develop a response to cyber security and financial crime threats[more]

    This article was written by Carne, an international specialist in the provision of independent governance services and European management company solutions to the global asset management industry. A recent SEC action has highlighted how concerned regulators have become about data intru

  4. Hedge funds relatively resilient in Q3[more]

    Komfie Manalo, Opalesque Asia: Hedge funds fell in the third quarter as market conditions remain challenging, but still outperformed the S&P 500. The Lyxor Hedge Fund index was down 3.6% during Q3 while the S&P 500 fell 8.2%. According to Lyxor, "hedge funds were quite resilient in Q3. Falling en

  5. Hedge funds start Q4 on strong footing reversing the previous market downturn[more]

    Komfie Manalo, Opalesque Asia: Hedge funds started the fourth quarter on a strong footing, reversing the previous market downturn with the Lyxor Hedge Fund Index up 1.1% as of end Oct. 6 (-0.7% YTD). Event-driven outperformed, up 2.2% (-4.2% YTD), and CTAs underperformed (- 1.9%), extrapolatin