Mon, Mar 19, 2018
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Industry Updates

Greenwich Composite Investable Index gains 1.21% in October, 1.67% YTD

Thursday, November 25, 2010
Opalesque Industry Update - The Greenwich Composite Investable Index gained 1.21% in October as equity markets continued their push higher on solid corporate earnings and anticipation of quantitative easing. All of the Greenwich Investable Indices moved higher on the month, with funds focusing on directional trading strategies exhibiting the best results. The Greenwich Futures Investable Index was the best performer for the month, gaining 2.73%, putting its year-to-date return at over 6%. The Greenwich Long-Short Investable Index advanced likewise, netting 1.22% as managers increased long positions. Laggards on the month were more market neutral strategies, such as Arbitrage and Equity Market Neutral funds, as each respective Investable Index gained 0.38% and 0.42%. Year-to-date, funds specializing in Long-Short Credit strategies still lead other Investable Indices, with a net return of 7.69%

“The rally in equities and commodities gained steam in October as benchmarks neared their highs on the year. Hedge funds as a whole showed excellent returns with all strategy groups gaining ground,” noted Clint Binkley, Senior Vice President. “In a one-sided market such as this, we expect directional strategies in the hedge fund space to outperform other areas, which was the end result in October. We expect to see increased volatility heading into year-end; most managers anticipate some sort of correction in the short to medium term. ”

The Greenwich Investable Hedge Fund Indices are specifically designed to represent the returns of the hedge fund universe. They are comprehensive in design and cover a wide spectrum of hedge fund strategies, providing investors with innovative and efficient access to hedge fund beta. Final index results for October will be available Mid-December, once all managers have submitted final returns. The indices reference actual hedge fund vehicles as opposed to separately managed accounts or other methods used in an attempt to replicate the returns of hedge fund vehicles. The Indices are reported monthly net of a 0.083% per period index calculation fee. Past performance and index construction rules for all Greenwich Hedge Fund Indices may be viewed at

(press release)

About Greenwich Alternative Investments
Greenwich Alternative Investments, LLC (and its affiliates) manages one of the world’s largest hedge fund databases and is among the oldest providers of hedge fund indices, asset management services, and research to institutional investors worldwide...Full performance table: Source

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. Performance - Hedge fund mojo is back with investor hopes at six-year high, These hedge funds produce the most consistently great results[more]

    Hedge fund mojo is back with investor hopes at six-year high From Hedge funds on the heels of a surprisingly strong performance in 2017 are raising hopes for an encore. Investors expect their managers to return 8.5 percent in 2018, according to a Credit Suisse Group AG sur

  2. Investing - Hedge funds amass big bets against world's leading advertisers, Investor Elliott Management buys tiny stake in Wipro[more]

    Hedge funds amass big bets against world's leading advertisers From Hedge funds have amassed bearish bets of more than $3bn against the world's largest advertising companies in an attempt to profit as the industry undergoes ongoing wrenching disruption and slowing growth. Funds i

  3. News Briefs - Investcorp to launch a $100 million PE fund for Omani pension funds[more]

    Bahrain-based investment firm Investcorp will soon launch a $100 million fund dedicated to Oman's Pension Funds as part of its investment plan. 'The Opportunities Fund' will be focused on private equity investments in the U.S. and Europe and will target mid-sized companies across a broad range of se

  4. DoubleLine's Gundlach sees U.S. 10-year Treasury yield rising, weighing on stocks[more]

    From Reuters/ Jeffrey Gundlach, the chief executive of DoubleLine Capital and known on Wall Street as the "Bond King," said on Tuesday the yield on the U.S. 10-year Treasury note will likely move higher and pressure riskier assets including equities and junk bonds. Gundlach, on an

  5. SEC charges Theranos CEO Holmes with fraud[more]

    Bailey McCann, Opalesque New York: The SEC has charged Elizabeth Holmes, founder and CEO of Theranos and its former President Ramesh "Sunny" Balwani with raising more than $700 million from investors through an elaborate, years-long fraud in which they exaggerated or made false statements about t