Tue, Jan 23, 2018
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Industry Updates

Dow Jones Credit Suisse Hedge Fund Index notches positive performance of +0.22% in August (est), +2.46% YTD

Thursday, September 09, 2010
Opalesque Industry Update - Early estimates indicate the Dow Jones Credit Suisse Hedge Fund Index (“Broad Index”) will post positive performance of 0.22% in August (based on 70% of assets in the index reporting).

Key highlights for the month:
- Hedge funds sustained moderate gains in August. The Dow Jones Credit Suisse Hedge Fund Index was up 0.22%, bringing year-to-date performance to 2.46%. The industry outperformed global equity markets, as represented by the Dow Jones Global Index, which fell 3.62% in August and is down 6.08% year-to-date.

- Managed Futures hedge funds posted some of the highest performance in August, finishing up 4.96% for the month. Trend followers posted gains from long fixed income positions in both short term interest rates and bonds. High frequency managers also ended the month up as models were able to capture the fixed income rally acceleration and the fall in commodities such as natural gas.

- Global Macro hedge fund managers were among the top performers this month, finishing up 2.57% as managers capitalized on long interest rate and short Euro positions. Equities exposure continued to represent a small portion of overall portfolio risk as managers attempted to avoid the negative effects of recent equity market volatility.

Long/Short Equity hedge funds experienced an overall negative month, losing 1.39% as directional net-long managers were unable to find profitable positions amid equity market sell-offs.

(press release)

Performance Tables: Source

kb

What do you think?

   Use "anonymous" as my name    |   Alert me via email on new comments   |   
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. Opalesque Exclusive: Statsure Financial launches captive insurer for hedge funds[more]

    Bailey McCann, Opalesque New York: Hedge fund managers have a new option for protecting their business. Launching this week at the annual MFA Conference, Statsure Financial is offering a captive insurance solution for hedge fund managers. Many large companies have captive insurers - insurance

  2. Legal - Former Och Ziff hedge fund executive indicted for fraud in Africa investment scheme, prosecutor says, Hedge fund blasts defense of Puerto Rico restructuring law[more]

    Former Och Ziff hedge fund executive indicted for fraud in Africa investment scheme, prosecutor says From CNBC.com: A former hedge fund executive faces federal charges for defrauding a UK-based charity over investments in Africa, according to a grand jury indictment made public Wednesday.

  3. U.S. economy, inflation and alternative investments to dominate 2018 markets, says family office Wilmington Trust[more]

    Komfie Manalo, Opalesque Asia: The emergence of a late-cycle economy in the U.S., the mystery of inflation and growth from a domestic and global perspective, and the potential for alternative investments to prosper against a backdrop of rich valuations, low yields, and higher volatility are the t

  4. Performance - Some hedge funds deliver double-digit gains for 2017, Brevan Howard's hedge fund suffers biggest annual loss in 2017, Crispin Odey's flagship hedge fund plummeted about 20% in 2017, Profits fall 90% at ex-Morgan Stanley banker's hedge fund, Fannie-Freddie overhaul might mint hedge fund riches, losses[more]

    Some hedge funds deliver double-digit gains for 2017 From Reuters/Investing.com: A handful of hedge funds ended 2017 with double digit returns, their investors said, at a time the $3 trillion industry took in fresh money and posted its best returns in years, industry data show. Act

  5. Investing - Hedge funds start 2018 with record $19 billion bet on the euro, Hedge fund Kora Management invests in Satin Creditcare[more]

    Hedge funds start 2018 with record $19 billion bet on the euro From Reuters.com: Hedge funds have kicked off 2018 with their biggest bet ever on the euro rising, a clear vote of confidence in the single currency but, with positioning so stretched, one which could backfire in the near ter