Sat, Jul 2, 2016
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Industry Updates

Greenwich Global Hedge Fund Index down 1.30% in June, +0.40% YTD

Monday, July 11, 2011
Opalesque Industry Update - Hedge funds as measured by the Greenwich Global Hedge Fund Index (“GGHFI”) navigated volatile markets to finish the month with a slight loss. The GGHFI shed 1.32% compared to global equity returns in the S&P 500 Total Return (-1.67%), MSCI World Equity (-1.73%), and FTSE 100 (-0.74%) equity indices. 28% of constituent funds in the GGHFI ended the month with gains.

Hedge Fund Strategy Highlights

  • Short-Biased and Fixed Income Arbitrage Funds post positive results for the month
  • Long-Short Equity managers decline 1.06%, less than equity benchmarks
  • Managed Futures funds slide 2.39% on intra-month selloff in equities and commodities
  • Long-Short Credit and Fixed Income Arbitrage funds lead hedge funds on year-to-date basis, up 4.62% and 4.12%, respectively
  • Emerging market funds decline marginally more than Developed Market managers; US/Canada funds are clear winners for the year, up nearly 3%

Greenwich Hedge Fund Index Performance at a Glance  

Jun11 YTD



Greenwich Strategy Group Indices
Greenwich Global Hedge Fund Index -1.30% 0.40%
Market Neutral Group -0.80% 1.70%
Equity Market Neutral -0.90% -0.10%
Event-Driven -1.20% 2.40%
Distressed Securities -0.60% 3.20%
Merger Arbitrage -0.10% 2.60%
Special Situations -2.10% 1.40%
Arbitrage -0.30% 1.50%
Convertible Arbitrage -0.70% 2.00%
Fixed Income Arbitrage 0.10% 4.10%
Other Arbitrage -1.20% -2.10%
Long/Short Equity Group -1.10% 1.10%
Growth -1.50% 1.20%
Opportunistic -1.00% 0.50%
Short-Biased 3.70% 0.10%
Value -1.00% 1.30%
Directional Trading Group -2.00% -2.60%
Futures -2.40% -3.20%
Macro -1.10% -1.30%
Specialty Strategies Group -1.20% 1.60%
Long/Short Credit -0.30% 4.60%
Multi-Strategy -1.70% -0.30%






Greenwich Regional Indices
Developed Markets Composite Index -1.30% 0.70%
Global -1.70% -0.80%
Asia -0.20% -0.80%
Europe -1.00% -0.20%
Americas -0.90% 2.90%
Emerging Markets Composite Index -1.40% -1.00%
Global -1.30% 1.00%
Asia -1.70% -2.70%
Europe -1.40% -0.30%
Americas -0.90% 0.10%






Comparative Benchmarks
Barclays Aggregate Bond Index -0.30% 2.70%
S&P 500 -1.70% 6.00%
MSCI World Equity Index -1.70% 4.00%
FTSE 100 -0.70% 0.80%

Corporate website: Source

- FG

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. Investing - Soros, Druckenmiller among hedgies profiting in market plunge, Hedge funds were most bullish on bonds since 2004 before Brexit, Surprise Brexit vote unleashes scramble for dollars, High-yield hit on Brexit but no panic selling, Scientist turned hedge fund founder lured to pound, euro, Hedge fund avoids commodities, posts big gains[more]

    Soros, Druckenmiller among hedgies profiting in market plunge From HITC.com: Bullish positions in gold and volatility and well-timed short bets on China and emerging markets, among other areas, were some of the trades that benefited hedge funds on Friday as markets digested Britons' s

  2. Manager Profile - A 26-year old hedge fund manager called Brexit — here's what he thinks about the historic vote[more]

    From Businessinsider.com: Taylor Mann is not your typical fund manager. The twenty-six year old Texas A&M graduate manages Pine Capital in Larue, Texas (population 160), where he resides with his three-year old daughter. Also atypical compared with many of the largest funds out there, Mann makes

  3. Chesapeake Partners to liquidate hedge fund amidst 'hostile environment'[more]

    Komfie Manalo, Opalesque Asia: Chesapeake Partners Management, the hedge fund run by woman fund manager Traci Lerner said it would return investors’ money after 25 years because the market environment has become "hostile" to manage other people’s money, reported

  4. Europe - George Soros says Brexit has ‘unleashed’ a financial markets crisis, Brexit—what we know, Will the UK’s departure be a ‘soft-Brexit’ or a ‘hard-Brexit’?, Brexit: Six-point action plan for asset managers[more]

    George Soros says Brexit has ‘unleashed’ a financial markets crisis From Bloomberg.com: Britain’s decision to leave the European Union has “unleashed” a crisis in financial markets similar to the global financial crisis of 2007 and 2008, George Soros told the European Parliament in Bruss

  5. Hedge Fund Due Diligence Exchange offers complete due diligence reports at $1500[more]

    Matthias Knab, Opalesque: HFDDX is offering complete alternative investment due diligence reports at $1500 US. Industry professionals can simply go to www.hfddx.com and indicate their interest in sponsoring one or more DD Reports for $1500 each.