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

Hedge funds take 30-year longs to a three year high

Tuesday, May 20, 2014

Bailey McCann, Opalesque New York:

Hedge funds are taking their long positions on 30-yrs to a three year high according to the latest hedge fund monitor data from Bank of America Merrill Lynch. They've decreased their 10-yr positions although technicals remain bullish.

The Diversified Investible Hedge Fund Composite Index is up 0.27% versus S&P500 which is up 2.17% on a price returns basis till May 1. In terms of strategies, Event Driven Funds performed the best during this period, up 1.95%. Macro Funds performed the worst, down 1.48%. Models indicate that Market Neutral funds increased market exposure to 33% net long from 7% net long. Equity Long/Short market exposure decreased to 28% net long from 29% net long; below the 35-40% benchmark level.

On the position side, funds have covered S&P 500 positioning to be net long and decreased Russell shorts. However they also marginally decreased NASDAQ longs. The MAA indicator suggests speculators may increase their Russell short position. Funds have increased their Gold longs but increased Silver longs and decreased Copper shorts. They increased Platinum longs. In Energy, funds increased their Crude longs and decreased Natural Gas shorts. However, they also increased Heating Oil shorts and decreased heating oil shorts.

......................

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. LatAm hedge funds surge in 1H to +24.4%, emerging markets assets rise[more]

    Komfie Manalo, Opalesque Asia: Hedge funds investing in Latin America posted strong gains through mid-2016, reversing declines in four of the past five years, including the last three years, to lead all areas of hedge fund performance through the first half of 2016, according to the latest HFR Em

  2. Asia - LGT Capital Partners: Alternatives set for continued rise in Asia[more]

    From Asianinvestor.net: More flows are likely into insurance-linked strategies, private equity and trend-following strategies/CTAs, given the benefits of such investments, argues LGT Capital Partners. Despite the numerous quantitative easing programs and bailouts of recent years, the quest for

  3. Investors yank money from hedge funds after poor performance[more]

    From Marketwatch.com: A growing exodus from hedge funds extended to two of the biggest names in the industry Tuesday, Tudor Investment Corp. and Brevan Howard, as disenchanted investors increasingly shun what was once the hottest place to put money. The funds’ problem is clear: They just aren’t perf

  4. Banks look at hedge funds differently - and it should matter to allocators[more]

    From Valuewalk.com: Looking at two bank reports on the same topic can often yield interesting results. There are times when bank research is best viewed from the standpoint of how their analysis does or does not correlate with one another. Regarding hedge fund allocation decisions, one bank appears

  5. Legal - Hedge fund’s fixer kept deals flowing with bribes, U.S. says, Big four banks sued by U.S. hedge funds over BBSW, Lessons for hedge fund managers from the government's failed prosecution of alleged insider trading[more]

    Hedge fund’s fixer kept deals flowing with bribes, U.S. says From Bloomberg.com: With the Miami villa, stopovers at New York’s Plaza Hotel and millions channeled in bribes to win mining deals, Samuel Mebiame was the relationships guy in a corruption scheme that spanned continents, accord