Tue, Oct 13, 2015
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Industry Updates

Greenwich Global Hedge Fund Index up +0.7% in July (+1.2% YTD)

Tuesday, August 09, 2011
Opalesque Industry Update - Hedge funds as measured by the Greenwich Global Hedge Fund Index (“GGHFI”) posted mixed results among strategies but generally finished the month with gains. The GGHFI advanced 0.67% compared to global equity returns in the S&P 500 Total Return (-2.03%), MSCI World Equity (-1.89%), and FTSE 100 (-2.20%) equity indices. 56% of constituent funds in the GGHFI ended the month with gains.

“Hedge funds turned in an excellent month of relative performance when compared to equity and fixed income benchmarks,” notes Clint Binkley, Senior Vice President. “Results from Long-Short Equity and Directional Trading managers show that funds were prepared for market declines. We continue to expect hedge funds to outperform long only strategies in this volatile market environment.”

Hedge Fund Strategy Highlights

  • Managed Futures and Global Macro funds lead hedge fund strategies, gaining 3.04% and 2.19%, respectively
  • Long-Short Equity managers decline 28 basis points, a fraction of global equity index moves
  • Market Neutral funds fall marginally, declining 0.23%
  • Developed market funds slightly outperform Emerging Market managers; Developed North America remains the winner for the year, up 2.5%

The GGHFI is one of the oldest benchmarks of the hedge fund universe. Final Strategy and Regional index results for July will be available in early September, once additional funds have submitted returns. Past performance and indices construction rules for all Greenwich Hedge Fund Indices may be viewed at www.greenwichai.com.

(press release)

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. Investing - AQR Capital and Renaissance Technologies raise stakes in Southwest Airlines[more]

    From Marketrealist.com: In the previous part of this series, we saw how institutional investors played Southwest Airlines (LUV) in 2Q15. Now let’s move on to the trades executed by key hedge funds in Southwest Airlines over the same period. … Most of the hedge funds that had significant exposu

  2. Manager Profile - Pimco alternative funds flourish as 30-year bond rally fades[more]

    From Bloomberg.com: Inside Pacific Investment Management Co., the bond behemoth that lost two chief investment officers last year and saw almost $500 billion of client money leave, a hidden profit engine is easing some of the pain. For more than a decade, Newport Beach, California-based Pimco has qu

  3. Niche Investing - Art investment funds: Attracting institutional and other new investors[more]

    From Mondaq.com: The Deloitte/ArtTactic Art and Finance Report 2014 (the "Art and Finance Report") noted that the "global art investment fund market was estimated to be worth at least $1.26 billion in the first half of 2014." This seems almost inconsequential when juxtaposed with the $54 billion of

  4. Hedge fund Barnegat survives September’s market selloff[more]

    Komfie Manalo, Opalesque Asia: Bob Treue’s $679 million Barnegat Fund proved resilient after another month of market letdown as the hedge fund gained 2.2% last month, bringing its year-to-date gains to 2.8%. Treue said in his monthly report to i

  5. …And Finally - Japanese men want upgrade on their virtual girlfriends[more]

    From Newsoftheweird.com: Five years after News of the Weird mentioned it, Japan's Love Plus virtual-girlfriend app is more popular than ever, serving a growing segment of the country's lonely males -- those beyond peak marital years and resigned to artificial "relationships." Love Plus models (Rinko