Fri, Feb 23, 2018
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. Art & Motion launches collectible car alternative investment vehicle[more]

    Komfie Manalo, Opalesque Asia: Luxembourg-based Art & Motion has launched a new investment vehicle dedicated to vintage cars and exceptional high-quality vehicles as this collectible market has grown exponentially the turn of the centu

  2. Opalesque Exclusive: Global Sigma captures February's long-vol trade[more]

    Bailey McCann, Opalesque New York for New Managers: Florida-based Global Sigma rode February's volatility to new highs. The firm's AGSF strategy is up +2.8 percent through February 16 and +4.2 percent YTD a

  3. Institutional Investors - Hedge funds regain their appeal for a $57 billion asset manager, Private credit strategies in stratosphere[more]

    Hedge funds regain their appeal for a $57 billion asset manager From Bloomberg.com: With volatility back on the radar, one of the Nordic region's biggest asset managers is considering relying a bit more on hedge funds to help oversee his portfolio. Mikko Mursula, the chief investment off

  4. Investing - All aboard for hedge funds as trade tide lifts shipping, Hedge funds pile into Time Warner in bet on merger success[more]

    All aboard for hedge funds as trade tide lifts shipping From Reuters.com: Forced to abandon ship after mistiming their investments five years ago, hedge funds are venturing back in a bid to profit from growing global trade flows. Around 90 percent of traded goods by volume are tran

  5. Investing - Hedge funds turn short on tech just as stock rally takes off, After biggest short, speculators slash bearish US bond bets as supply deluge looms[more]

    Hedge funds turn short on tech just as stock rally takes off From Newsmax.com: A key group of investors has just missed out on the biggest tech-stock rally since 2014. Hedge funds and other large speculators turned net short on Nasdaq 100 Index futures for the first time in 21 months, ac