Sat, Jun 24, 2017
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. Legal - Bond market concerns could scuttle Paulson's Fannie-Freddie plan[more]

    From Bloomberg.com: A hedge fund proposal for freeing Fannie Mae and Freddie Mac from U.S. control is poised to face stiff opposition from investors who say it risks wrecking the mortgage-bond market. The Moelis & Co. blueprint, which firms including Paulson & Co. and Blackstone Group LP sponsored,

  2. Other Voices: Are your pricing policies and procedures for less liquid instruments adequate?[more]

    Komfie Manalo, Opalesque Asia: The unrelated position mismarking incidents that quickly precipitated the closures of both Visium Asset Management and Marinus Capital have been recent focal points for market participants, but regulatory scrutiny of valuation choices for less liquid instruments is

  3. FinTech - AI hedge fund Numerai now live on Ethereum, Cryptocurrency hedge funds generate huge returns as bitcoin surges[more]

    AI hedge fund Numerai now live on Ethereum From Cryptoninjas.net: Back in February, Numerai announced numeraire (NMR), a cryptographic token to incentivize a new kind of hedge fund built by a network of data scientists. Earlier today, the Numeraire smart contract was officially deployed

  4. Investing - Advisors slash hedge fund positions, Theravance Biopharma is a top pick of investment guru Seth Klarman, As asset management industry grows a search for new revenue streams[more]

    Advisors slash hedge fund positions From Barrons.com: Financial advisors have cut wealthy clients' exposure to hedge funds by up to one third over the past 12 months, The Financial Times reports. Advisor firms in the FT's annual top-300 ranking have reduced their hedge fund allocation to

  5. Barclay Hedge Fund index gains 0.50% in May, 4.13% YTD[more]

    Hedge funds gained 0.50% in May according to the Barclay Hedge Fund Index compiled by BarclayHedge. The Index is up 4.13% in 2017. The Barclay Hedge Fund Index has now been profitable for seven months in a row, with a cumulative gain of 6.10%. The Barclay Technology Index has gained 12.27% in the fi