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

Hedge funds deliver broad-based gains in February

Wednesday, March 09, 2011
Hedge funds as measured by the Greenwich Global Hedge Fund Index (“GGHFI”) gained across every major strategy in February. The GGHFI gained 1.28% compared to global equity returns in the S&P 500 Total Return +3.43%, MSCI World Equity +3.33%, and FTSE 100 +2.24% equity indices. 75% of constituent funds in the GGHFI ended the month with gains.

“Hedge funds were led by directional strategies in February given the rise in equities and surging commodity prices,” notes Clint Binkley, Senior Vice President. “Tension in the Middle East is being overshadowed by strong corporate earnings and continued economic recovery which is reflected in the results of funds investing in developed markets.”

Hedge Fund Strategy Highlights

  • Long-Short Equity funds gain 1.19% and increase net exposure Futures rebound 1.89% to lead Directional Strategies
  • Macro managers continue to lag Global Hedge Fund index
  • Distressed Securities funds lead all hedge fund strategies in February and year-to-date
  • Developed Market funds outpace Emerging Market managers by nearly 2% on average

The GGHFI is one of the oldest benchmarks of the hedge fund universe. Final Strategy and Regional index results for February will be available in early April, once additional funds have submitted returns. Past performance and indices construction rules for all Greenwich Hedge Fund Indices may be viewed at About Greenwich Alternative Investments Greenwich Alternative Investments, LLC (and its affiliates) is a leading alternative investment firm providing hedge fund indices, industry research, and index-linked products and services 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. John Paulson, once the industry's largest hedge fund, to return some investors' money[more]

    Komfie Manalo, Opalesque Asia: John Paulson is reported to be retuning some of his investors' money as a number of his hedge funds continue to suffer setbacks, reports

  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