Thu, Aug 28, 2014
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Industry Updates

Update: Dow Jones Credit Suisse Hedge Fund Index confirmed to finish up 3.43% in September (5.98% YTD)

Friday, October 15, 2010
Opalesque Industry Update - Final performance for the Dow Jones Credit Suisse Hedge Fund Index (“Broad Index”) is confirmed up 3.43% in September and 5.98% YTD

Oliver Schupp, President of Credit Suisse Index Co., Inc., said, “The Dow Jones Credit Suisse Hedge Fund Index rose 3.43% in September, with nine out of ten sectors posting positive performance for the month. Among the top performing sectors were Long/Short Equity (+5.09%) and Emerging Markets (+4.77%), which benefited from long directional exposure to the global equity market rally in September. The Event Driven sector finished up 3.20% as managers continued to capitalize on increasing activity in the M&A and distressed debt space.”

Performance for the Broad Index and its ten sub-strategies is calculated monthly. September, August, and year-to-date performance numbers are listed below and are available at www.hedgeindex.com


Index

September 2010

August 2010

YTD

Broad Index

3.43%

0.23%

5.98%

Convertible Arbitrage

1.11%

1.35%

7.51%

Dedicated Short Bias

-11.28%

5.15%

-12.49%

Emerging Markets

4.77%

0.12%

7.72%

Equity Market Neutral

3.66%

-1.55%

-0.96%

Event Driven

3.20%

-0.40%

6.31%

Distressed

2.07%

-0.64%

5.58%

Event Driven Multi-Strategy

4.03%

-0.24%

6.78%

Risk Arbitrage

2.31%

0.31%

4.14%

Fixed Income Arbitrage

1.55%

1.24%

9.79%

Global Macro

2.72%

1.48%

9.33%

Long/Short Equity

5.09%

-1.12%

3.12%

Managed Futures

2.77%

4.87%

6.44%

Multi-Strategy

2.79%

0.01%

5.01%

Dow Jones Industrial Average*

7.85%

-3.91%

5.57%

Dow Jones World Index

9.54%

-3.62%

2.89%


Bg

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. Study shows what resonates with investors: 'Unwavering', 'passionate' beats 'committed', 'dedicated' and more surprises[more]

    Komfie Manalo, Opalesque Asia: A new study by Pershing Square, a unit of BNY Mellon company, showed that an effective value proposition strengthens audience connections and fosters growth, yet many advisors have had little objective guidance in formulating such statements until now. In the

  2. Hedge fund assets decline in July - eVestment[more]

    Bailey McCann, Opalesque New York: Total assets in hedge funds declined in July and dropped 0.49%, marking the industry's second monthly asset decline in 2014, according to the latest asset flows data from eVestment. Despite the asset decline, total industry AUM remained above the $3 trillion

  3. AIMA makes 'the case for hedge funds'[more]

    Bailey McCann, Opalesque New York: The Alternative Investment Management Association (AIMA), the global hedge fund industry body,

  4. Managed futures' global diversification is important in next phase of economic recovery[more]

    Komfie Manalo, Opalesque Asia: The global diversification provided by managed futures may prove to be extremely valuable as the markets enter the next phase of the economic recovery, said Campbell & Company, a pioneer in absolute return invest

  5. Ex-UBS prop trader's hedge fund Manikay Partners eyes UK launch[more]

    From eFinancialnews.com: Manikay Partners, a $1.7 billion US multi-strategy hedge fund set up in 2008 by a proprietary trader from UBS with backing from Goldman Sachs, is planning to open in the UK. New York-based Manikay's move into Europe comes after Financial News revealed on Monday that Aurelius