Thu, Nov 27, 2014
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Alternative Market Briefing

Hedge fund performance goes positive in May - Citi Prime Finance

Thursday, June 26, 2014

Bailey McCann, Opalesque New York:

Composite hedge fund performance, equal-weighted across funds, was positive for May 2014. Performance ranged from +0.45% to +1.18%. Returns exceeded the previous month which experienced -0.73% to -0.19% over the same period, according to the latest hedge fund data from Citi Prime Finance.

Top performing strategies in May 2014 include Equity Long/Short at +1.35%, Distressed at +1.07%, Event Driven at +1.07%, Multi Strategy at +0.87% and Emerging Markets at +0.82%. The lowest performing strategies include Dedicated Short at -1.1%, Global Macro +0.43%, and Equity Market Neutral +0.48%.

Hedge fund industry assets rose in May, realizing an increase of +$59.8bn for the month after experiencing an increase of only +$16.1bn in April 2014. May gains were attributed to both net new investor flows and performance. Total industry gains in May were nearly triple the monthly gain in assets throughout 2013 which averaged +$21.2bn.

Net positive investor flows of +$22bn for May marks the fourth consecutive month of net positive investors flows this year. May flows exceed the average investor flows reported throughout 2014 which now stand at $18.9bn. Year-to-date investor flows total $94.8bn.

Equities markets, even those in emerging markets rallied in May positing positive gains according to report data. US equity sector gains were led by Technology, including both Biotechnology and Semiconductors, as well as Growth, Energy and Cyclical se......................

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. Unlucky Paulson & Co. rebrands $1.6bn Recovery Fund after 13% drop[more]

    From Businessweek.com: A maturing U.S. economic recovery is prompting Paulson & Co. to change course. The $19 billion hedge fund firm, led by billionaire John Paulson, told investors on a conference call this month that the Paulson Recovery Fund will be renamed Paulson Special Situations Fund on Jan

  2. Opalesque Roundtable: Islamic Finance races ahead with Sukuk, the first managed account platform, and foreign demand[more]

    Komfie Manalo, Opalesque Asia: A number of developments took place within Islamic finance in the past years, including the launch of a Islamic managed account platform and the further growth of the sukuk space that saw this instrument evolve from being a type of an ABS security that was rarely

  3. CTAs , event-driven strategies lead hedge funds recovery in mid-November[more]

    Komfie Manalo, Opalesque Asia: November’s performance proves to be in sharp contrast to the previous month, with equities further consolidating their upswing last week, according to the latest Lyxor Asset Management’s Weekly Brief. CTA funds als

  4. Fund Profile - A complex hedge fund strategy works for United Technologies[more]

    From Institutionalinvestor.com: Reports that portable alpha is dead have been greatly exaggerated, as Mark Twain might have phrased it. Another Connecticut Yankee, giant United Technologies Corp., is gearing up to grow its successful, nearly decade-long portable-alpha program. The UTC strategy took

  5. Opalesque Exclusive: The unintended consequences of Basel III[more]

    Benedicte Gravrand, Opalesque Geneva: Bijesh Amin, co-founder and managing director of Indus Valley Partners (IVP), a technology solutions and services firm focused on the alternative asset management industry, has recently observed