Wed, Aug 24, 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. LatAm hedge funds surge in 1H to +24.4%, emerging markets assets rise[more]

    Komfie Manalo, Opalesque Asia: Hedge funds investing in Latin America posted strong gains through mid-2016, reversing declines in four of the past five years, including the last three years, to lead all areas of hedge fund performance through the first half of 2016, according to the latest HFR Em

  2. Asia - LGT Capital Partners: Alternatives set for continued rise in Asia[more]

    From Asianinvestor.net: More flows are likely into insurance-linked strategies, private equity and trend-following strategies/CTAs, given the benefits of such investments, argues LGT Capital Partners. Despite the numerous quantitative easing programs and bailouts of recent years, the quest for

  3. Investors yank money from hedge funds after poor performance[more]

    From Marketwatch.com: A growing exodus from hedge funds extended to two of the biggest names in the industry Tuesday, Tudor Investment Corp. and Brevan Howard, as disenchanted investors increasingly shun what was once the hottest place to put money. The funds’ problem is clear: They just aren’t perf

  4. Banks look at hedge funds differently - and it should matter to allocators[more]

    From Valuewalk.com: Looking at two bank reports on the same topic can often yield interesting results. There are times when bank research is best viewed from the standpoint of how their analysis does or does not correlate with one another. Regarding hedge fund allocation decisions, one bank appears

  5. Legal - Hedge fund’s fixer kept deals flowing with bribes, U.S. says, Big four banks sued by U.S. hedge funds over BBSW, Lessons for hedge fund managers from the government's failed prosecution of alleged insider trading[more]

    Hedge fund’s fixer kept deals flowing with bribes, U.S. says From Bloomberg.com: With the Miami villa, stopovers at New York’s Plaza Hotel and millions channeled in bribes to win mining deals, Samuel Mebiame was the relationships guy in a corruption scheme that spanned continents, accord