Mon, Oct 22, 2018
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Alternative Market Briefing

Trailing hedge funds, the Wilshire Liquid Alternative Index ended 2017 up 3.25%

Wednesday, January 10, 2018

Komfie Manalo, Opalesque Asia:

The Wilshire Liquid Alternative Index, which provides a representative baseline for how the broad liquid alternative investment category performs, ended 2017 on a positive note and is up 3.25%.

For December, the Index gained 0.40%, trailing the 0.73% return of the HFRX Global Hedge Fund Index, while in the fourth quarter, the Wilshire Liquid Alternative Index returned 1.51%, in line with the 1.50% return of the HFRX Global Hedge Fund Index.

"For the quarter, systematic and discretionary global macro strategies contributed positively, while currency strategies detracted," said Jason Schwarz, Ppesident of Wilshire Funds Management and Wilshire Analytics. "The majority, if not all of the performance of CTAs, came from the equity space as interest rates, currencies and commodities were more range bound and lacking in trends."

The Wilshire Liquid Alternative Multi-Strategy Index, which includes both single and multi-manager funds, returned 0.43% in December and 1.86% for the fourth quarter.

The Wilshire Liquid Alternative Global Macro Index, which includes systematic, discretionary, commodity and currency funds, returned 0.50% during the month, underperforming the 0.82% return of the HFRX Macro/CTA Index. The Index finished the fourth quarter positively, returning, 3.19%, outperforming the 2.61% return of the HFRX Macro/CTA Index. For the qua......................

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. BB&T Securities to bolster alternative investment offerings with CAIS platform[more]

    Laxman Pai, Opalesque Asia: The financial services firm BB&T Securities has selects the financial product marketplace CAIS to expand alternative investment access for advisors. A press release from the wholly owned subsidiary of BB&T Corporation said that with CAIS, it will gain access to pr

  2. Europe: Europeans up interest in unconstrained bond strategies, Generali steps up efforts to build multi-boutique business, Nordea bank in new Russia funds complaint, FCA proposes climate risk reporting duty for asset managers[more]

    Europeans up interest in unconstrained bond strategies Unconstrained bond assets are on the rise. Across both retail and institutional accounts, assets under management in these strategies rose from $153.2 billion in Q2 2013 to $289.7 billion in Q2 2018, for a five-year compound annual

  3. Stock slump aftermath: Hedge funds got caught long and wrong before stock slump, The huge 'blackout' that may be deepening market turbulence, Market veterans don't see the bottom yet: 'More selling is yet to come', Hedge funds hold up in rout as defensive stance finally pays off, Rally erupted in gold market days after funds made big bear bet[more]

    Hedge funds got caught long and wrong before stock slump From Bloomberg: In a moment of bad market timing, hedge funds had increased their bullish bets on U.S. stocks to the highest since February, and second-highest in five years, just before last week's sell-off. Speculative net

  4. Robert Citrone's discovery cashes in on bearish bets[more]

    From Institutional Investor: The macro hedge fund is riding strong gains since mid-year thanks to savvy wagers against Italian fixed income and other instruments. Macro hedge funds are finally getting a reprieve, between the bond market selloff and overall financial market volatility - two even

  5. Hedge funds at the 'core' of stock slump may be done offloading, Why hedge funds will stick with ever-risky short volatility trades[more]

    Hedge funds at the 'core' of stock slump may be done offloading From Bloomberg: One quantum of solace for bruised stock bulls: Some of the usual suspects behind last week's rout may be done frightening markets. Equity long-short hedge funds are among the worst-performing categori