Wed, Mar 4, 2015
A A A
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. Outlook - Philippe Jordan predicts 'alternative beta' to displace hedge funds, Stan Druckenmiller says Europe, Japan stocks will outpace U.S.[more]

    Philippe Jordan predicts 'alternative beta' to displace hedge funds From Investordaily.com.au: The disappointing performance of hedge funds in recent years is a result of "too much money chasing too little alpha", argues Capital Fund Management. Speaking to InvestorDaily, CFM partner Phi

  2. Investing - Seth Klarman of Baupost outlines his investment process as major stock market indices are stretched, Myriad hedge fund sold bulk of its Alibaba stake last year[more]

    Seth Klarman of Baupost outlines his investment process as major stock market indices are stretched From Valuewalk.com: As hedge fund manager Seth Klarman, leader of the $28 billion Baupost Group, reviews 2014 performance and considers investors gained near 7 percent on the year, he cons

  3. Investing - As rig count falls, hedge funds pile into long crude futures, Parus tactically shifts long/short exposure ratios, Mario Draghi outflanking Kuroda as bearish euro bets surge, Prime Capital’s 500.com bet derailed after 41% drop[more]

    As rig count falls, hedge funds pile into long crude futures From 247wallst.com: In the week ended February 27, the total number of rigs drilling for oil in the United States came in at 986, compared with 1,019 in the prior week and 1,430 a year ago. Including 281 other rigs mostly drill

  4. Opalesque Exclusive: SEC’s Mark J. Flannery warns hedge funds against valuation misconduct[more]

    Komfie Manalo, Opalesque Asia: Securities and Exchange Commission chief economist and director of Division of Economic and Risk Analysis (DERA) Mark J. Flannery has warned of the risks posed by market misconduct, particularly in the true valuation of assets by hedge fund managers. In his

  5. Dymon Asia's $3bn macro hedge fund lost 10.45% in January[more]

    From Reuters.com: Dymon Asia's $3.1 billion macro hedge fund lost 10.45 percent in January, performance data seen by Reuters showed, a month where many peers lost heavily after a surprise rise in the Swiss franc. Singapore-based Dymon, set up by Danny Yong, a former founding partner and chie