Wed, Feb 10, 2016
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Industry Updates

Performance for managed futures in December came from trend followers - Dow Jones Credit Suisse Hedge Fund Index

Monday, January 24, 2011
Opalesque Industry Update - A new Dow Jones Credit Suisse Hedge Fund Index (“the Index”) monthly commentary offers insight into December hedge fund performance. Some key findings from the report include:

The Index posted its second best monthly performance of the year in December, up 2.90% for the month and 10.95% for the year. Nine-out-of-ten strategies in the index posted positive performance for the month.

Managed Futures posted the best performance for the month (+5.42%) and is up 12.22% for 2010. Performance drivers for the Managed Futures sector came primarily from trend-following managers whose models were positioned long equities and commodities.

Event Driven managers took second place in December, finishing up 3.93% for the month and 12.64% year-to-date. The Risk Arbitrage sub-sector was supported by increased mergers and acquisitions volumes, which reached their highest levels since 2007. Moreover, distressed credit managers found ample support in the healthy high yield bond and leveraged loan markets which saw record issuance activity in 2010.

Global Macro was the best performing sector for the year up 13.47%, with gains of 2.67% for December. Managers capitalized on a number of fundamental macroeconomic conditions including strength in US economic data and ongoing economic momentum in emerging markets.

(press release)

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. How Einhorn survived a nightmare year[more]

    From Bloomberg.com: Even when a hedge fund has an awful year, which was the case for David Einhorn's Greenlight Capital, there are lessons to be learned. Many funds would have had a tough time surviving a year like Einhorn experienced in 2015, when all the stars seemed to align against him and Green

  2. Legal - Hedge fund founder wins early release in U.S. insider trading case, Gramercy seeking $1.3 billion from Peru over land-bond dispute[more]

    Hedge fund founder wins early release in U.S. insider trading case From Reuters/Streetinsider.com: Former hedge fund manager Doug Whitman on Tuesday won a reprieve from serving the remainder of his two-year sentence for insider trading after several judges expressed skepticism that his 2

  3. Investing - David Einhorn finds a winner in Michael Kors[more]

    From Thestreetinsider.com: Greenlight Capital hedge fund manger David Einhorn took his lumps in 2015. The fund lost over 20 percent on the year amid bets gone bad being long a plunging SunEdison and short a couple high-flying FANG stocks. However, today Einhorn is again showing his stock picking pro

  4. Investing - Avenue Capital's Marc Lasry: We like European bank loans, Comment: A bunch of hedge fund managers are chasing the 'dream of crushing a major structural problem'[more]

    Avenue Capital's Marc Lasry: We like European bank loans From CNBC.com: European banks are under immense pressure, but at least one prominent hedge fund has found what it thinks is a good opportunity in the wreckage. Marc Lasry, co-founder and chief executive of hedge fund Avenue Capital

  5. Credit Suisse cherry picks hedge fund ideas[more]

    From FT.com: Credit Suisse Asset Management plans to cherry pick profitable concepts from hedge funds with the launch in Europe of a “best ideas” strategy. The investment arm of the Swiss bank said the strategy will separate it from other funds blighted by “overcrowding problems”. It comes at a time