Sun, May 19, 2013
A A A
Welcome Guest
Free Trial RSS
New! Family Office and Investor Database with 11,750 contacts
Industry Updates

Dow Jones Credit Suisse Hedge Fund Index down -0.96% in May (+3.05% YTD), as industry sees inflows of $1.5bn for the month

Wednesday, June 15, 2011
Opalesque Industry Update - Despite a difficult market environment in May, hedge funds continued to attract new assets, with an estimated $1.5 billion flowing into the space during the month.

Oliver Schupp, President of Credit Suisse Index Co., LLC, said, "The Dow Jones Credit Suisse Hedge Fund Index fell 0.96% in May, with seven out of ten sectors posting negative performance for the month.

Managed Futures experienced the most significant decline, falling -4.44%. Conversely, the Dedicated Short Bias strategy, which includes funds aiming to capitalize on deteriorating stock prices, was the best performing sector for the month, finishing up 2.20%."

Schupp continued, "Despite overall negative performance, the industry continued to see inflows with an estimated $1.5 billion in assets entering the space in May. Total new inflows now total $28.6 billion year-to-date, bringing overall industry assets to $1.82 trillion."

Performance for the Broad Index and its ten sub-strategies is calculated monthly.

Full press release and performance table: Source

Bg

What do you think?

   Use "anonymous" as my name    |   Alert me via email on new comments   |   
Banner
Today's Exclusives Today's Other Voices Banner More Exclusives
Previous Opalesque Exclusives                                  
More Other Voices
Previous Other Voices                                               
Access Alternative Market Briefing
  • Top Forwarded
  • Top Tracked
  • Top Searched
  1. Goldman offers hedge funds to the 99%[more]

    From TheStreet.com: Goldman Sachs said Thursday it is bringing the sophisticated trading strategies of Wall Street hedge funds to individual investors with investment portfolio's and retirement accounts as small as $1000. The bank's investment management unit, Goldman Sachs Asset Management, i

  2. Opalesque Exclusive: New research examines quantitative trend following as an equity risk hedge[more]

    Bailey McCann, Opalesque New York: New research from Nigol Koulajian founder and CIO, and Paul Czkwianianc, Head of Research at Quest Partners, a New York-based systematic fund, looks at how quantitative trend following could be used

  3. People – Jupiter switches lead manager on alternative UCITS fund, Dr. Dermot F Smurfit appointed as Chairman of the ML Capital Group[more]

    Jupiter switches lead manager on alternative UCITS fund From Citywire.co.uk: Jupiter has named Mike Buhl-Nielsen as lead manager on its Europe-focused long/short equity fund, the asset management company has announced… Full article:

  4. Launches – Blackstone preparing launch of ‘super’ hedge fund, Paulson said to team with insurer for new low-tax merger fund[more]

    Blackstone preparing launch of ‘super’ hedge fund From FT.com: Blackstone is preparing to launch a “super” hedge fund to cherry-pick the best trades from the hundreds of third-party hedge funds it invests with, in an effort to try to recapture the outsize returns the $2tn industry was on

  5. Due diligence - an in-depth medical analysis: Thus far, it has been actuarial analysis that has largely been relied upon to steer the decision making process. However, the medical data utilised in such analysis may be incomplete, rendering the conclusions drawn probably worthless.