Industry Updates

Greenwich Investable Hedge Fund Indices climb in January

Tuesday, March 01, 2011

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Opalesque Industry Update - The Greenwich Composite Investable Index gained 0.60% in January to begin 2011 on a positive note. Equity markets gave little pause in January and moved to fresh highs in the U.S and Europe. Most hedge funds captured the upside move in equities and fixed income – 7 of 9 Greenwich Investable Indices moved higher on the month, led by Arbitrage and Long-Short Credit strategies. The Greenwich Long-Short Equity Investable Index also advanced by 1.20%.

“Markets continue to shrug off sovereign debt concern in Europe and inflation pressures in emerging markets. Strong corporate earnings in the U.S. and improved economic numbers are the focus of most traders,” said Clint Binkley, Senior Vice President. “Hedge funds should continue to be successful in 2011 with ample trading opportunities in global markets due to growth and event-driven catalysts.”

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 January will be available Mid-March, 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 www.greenwichai.com.

(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, research, analytical products, and manger data to institutional investors worldwide...Full performance table: : Source
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