Mon, Dec 5, 2016
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Alternative Market Briefing

Q2, H1 end positively for hedge fund performance

Thursday, July 31, 2014

Bailey McCann, Opalesque New York:

New hedge fund monitor data from Citi Prime Finance shows that overall, hedge funds ended the month of June and the first half of the year positively. Composite hedge fund performance, equal-weighted across funds, ranged from +0.93% to +1.73%. June-14 performance exceeded May-14 returns of +0.45% to +1.18% over the same period.

Hedge fund strategy wise, top performing strategies in June 2014 include Event Driven at +1.96%, Emerging Markets +1.29%, Global Macro at +1.24% and Equity Long/Short at +1.1%. The lowest performing strategies include Dedicated Short at -2.37 %, Multi Strategy -0.19%, and Convertible Arbitrage -0.16%.

Hedge fund industry assets rose in June 2014 realizing an increase of +$32.7 billion for the month. June gains were attributed to both net new investor flows and performance. Total industry gains in June were on par with the average monthly gain of $30.7 billion for 2014.

Net positive investor flows of +$6.1 billion for June 2014 marks the sixth consecutive month of net positive investors flows this year. June flows were lower than the average investor flows reported throughout 2014 which now stand at +$16.8 billion. YTD investor flows total +$101 billion.

On a macroeconomic level, global financial markets closed the first half of 2014 with gains across most regions in June. Worldwide equity markets gained, and report data shows that Biotechnology continues to lead on a sector basis.

A......................

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. M&A - AllianzGI to acquire Sound Harbor Partners, SS&C completes acquisition of Wells Fargo's Global Fund Services business[more]

    AllianzGI to acquire Sound Harbor Partners Allianz Global Investors (AllianzGI), an active investment manager, announced that Sound Harbor Partners, a US private credit manager led by Michael Zupon and Dean Criares, have agreed to join its fast-growing Private Debt Platform. Under the te

  2. Hunt for yield pushes more investors into riskier assets[more]

    From FT.com: Pension funds and insurance companies have increasingly embraced riskier assets in their hunt for higher returns over the past five years. Alternative assets such as property, infrastructure, private equity and hedge funds have been bought up by institutional investors in a world where

  3. People - Nectar Financial hires senior investment team, Texas A&M replaces retiring foundation investment chief, Ex-Cadwalader partner Woolery makes another sudden exit, How to become a Python coder at a top hedge fund, by the co-CTO of Man AHL[more]

    Nectar Financial hires senior investment team Nectar Financial AG, a Swiss financial technology company for wealth and asset management, has announced that it has hired two key senior leaders to spearhead its digital asset management efforts. The company also announced that it has entere

  4. Activist News - Cognizant has introductory discussion with activist investor Elliott; to review letter, Starboard Value makes huge investment in Hewlett Packard, Hedge fund calls for removal of First NBC Bank CEO[more]

    Cognizant has introductory discussion with activist investor Elliott; to review letter From Indiatimes.com: Cognizant said it had an introductory discussion with Elliott Management after receiving the activist hedge fund's letter asking for a board shakeup, a buyback, a dividend and chan

  5. Opalesque Exclusive: Ireland relaxes treatment of direct lending funds[more]

    Bailey McCann, Opalesque New York: The Irish Central Bank has relaxed its treatment of direct lending funds, according to a recently released