Sat, Jun 25, 2016
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Alternative Market Briefing

Hedge funds report mixed results in April as weak technology drags performance

Thursday, May 08, 2014

Komfie Manalo, Opalesque Asia:

The hedge fund industry sustained a slight decline in April as technology exposure ragged the gains registered in Fixed Income-based Relative Value Arbitrage and Macro strategies, according to data released by Hedge Funds Research.

The HFRI Fund Weighted Composite Index posted a decline of -0.17% last month, the second consecutive decline for the HFRI, bringing index performance YTD through April to +0.9%. The declines in March and April mark the first time the HFRI has posted consecutive monthly declines since April-May 2012.

"Technology exposure continues to be an important cornerstone of hedge fund performance generation, with significant, core holdings across large cap and early stage ventures, and the commitment of the hedge fund industry to the technology space will not be affected by recent volatility," stated Kenneth J. Heinz, President of HFR.

He added, "Not only have technology-focused hedge funds posted annual gains in each of the past 5 years, but have outperformed both the S&P 500 and Nasdaq Composite since the beginning of 2007, with less than half of the volatility. Hedge funds are able to bring tremendous value to investors in the technology space through the combination of rigorous fundamental valuation analysis, as well as efficient tacti......................

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 Roundup: Hedge funds shrink as liquidations outpace new launches in Q1: hedge fund news, week 27[more]

    In the week ending 17 May, 2016, HFR said hedge fund liquidations declined narrowly to begin 2016 after rising sharply to conclude 2015, as investors positioned f

  2. Europe - Hedge funds keep powder dry over big Brexit bets, Hedge funds sense profit in Europe shock waves after Brexit vote, Soros warns Brexit may cause pound plunge worse than Black Wednesday, After Brexit: What will happen if Britain votes to leave the UK?[more]

    Hedge funds keep powder dry over big Brexit bets From FT.com: Hedge funds are shying away from big bets on Brexit, with many unwilling to risk further losses having already suffered a painful first half of the year. With the outcome of a UK vote on the country’s membership of the Europea

  3. News Briefs - ’Flash Boys’ get green light to launch stock exchange, Pimco says ‘storm is brewing’ in U.S. commercial real estate, Bankers get ready to rumble at Hedge Fund Fight Night, AIMA Australia celebrates 15th anniversary[more]

    ’Flash Boys’ get green light to launch stock exchange In an investing environment ruled by fast, the newest U.S. public stock exchange is banking on slow. Well, slower. IEX Group, which won Securities and Exchange Commission approval on Friday to go head-to-head with the New York Stock E

  4. Blackstone buys minority stake in New York-based credit hedge fund Marathon[more]

    Benedicte Gravrand, Opalesque Geneva: Blackstone Strategic Capital Holdings Fund, a vehicle managed by Blackstone Alternative Asset Management (BAAM), has acquired a passive, minority interest in Marathon Asset Management, for an undisclosed sum. Based in New York,

  5. Global markets fell, hedge funds gain in mid-June on Brexit, Fed rate concerns[more]

    Komfie Manalo, Opalesque Asia: Global financial markets declined through mid-June, as uncertainty associated with the upcoming Brexit referendum and expected U.S. Fed interest rate hike contributed to increases in volatility across asset classes, data provider