Sat, Feb 25, 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 2.4% in August (-1.5% YTD) but continues to outperform world equity markets

Friday, September 09, 2011
Opalesque Industry Update – Hedge funds as measured by the Greenwich Global Hedge Fund Index (“GGHFI”) ended the month mostly lower in August, but continued to outperform world equity markets. The GGHFI declined 2.4% compared to global equity returns in the S&P 500 Total Return (-5.43%), MSCI World Equity (-7.26%), and FTSE 100 (-6.54%) equity indices. 29% of constituent funds in the GGHFI ended the month with gains.

Hedge Fund Strategy Highlights

• Directional Trading funds are the best performing group of funds in August, gaining 0.3%
• Market Neutral funds provide protection from market swings, declining only 2.9% on average for the month
• Long-Short Equity managers battle volatile markets during the month, losing 4.5%
• Short-Biased managers have their best month of the year, capitalizing on down markets to gain 9.1% in August
• Specialty Strategies group remains the best performer for the year, up 1.1%
• Developed Market funds proved to be a safer place than Emerging Market funds in August, losing only 2.1% on average compared to a loss of 5.5% for Emerging Market funds.

(press release)

Full performance table: http://www.greenwichai.com/index.php/returns-gai-global-hf-indices


Bg

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 - Fannie, Freddie shares dive after U.S. appeals court ruling[more]

    From Reuters.com: Shares of Fannie Mae and Freddie Mac tumbled more than 30 percent on Tuesday after a U.S. appeals court shut down efforts by hedge funds and other investors to pursue numerous legal claims accusing the U.S. government of seizing their profits following taxpayer bailouts. By a

  2. Institutional investors plan to raise allocations to alternative assets in 2017[more]

    Komfie Manalo, Opalesque Asia: A survey by Context Summits Miami showed that nearly 72% of institutional investors and family offices plan to raise their allocations to alternative asset managers this year, suggesting continued strong demand for the industry. "As many large, brand name f

  3. Comment - Mortgages, mergers and hedge fund fees, Fairholme's Berkowitz responds to court ruling against hedge fund suits of Fannie Mae[more]

    Mortgages, mergers and hedge fund fees From Bloomberg.com: Yesterday the U.S. Court of Appeals for the D.C. Circuit handed down an odd decision in a lawsuit over the government's nationalization of Fannie Mae and Freddie Mac. The key issue is what's called the "Third Amendment," the 2012

  4. Investing - Hedge funds continue to chase the herd in record Momentum wager, Marshall Wace bets grocer Sainsbury may need rights offering, Hedge fund net exposure has started to retreat, David Tepper's Appaloosa fund makes a huge buy, The 10,000-mile journey to Short Australia, Skeptical hedge fund investors grill Evan Spiegel about Snap's I.P.O.[more]

    Hedge funds continue to chase the herd in record Momentum wager From Bloomberg.com: Hedge funds can't get enough of momentum - even if it means embracing an investing strategy they hate. Loosely defined as betting on shares that went up the fastest over the preceding nine-to-12 months, h

  5. Opalesque Exclusive: Swiss investors take fund seeding and acceleration into their own hands[more]

    Benedicte Gravrand, Opalesque Geneva: Banque Bonhote, a 200-year old Swiss private bank, last year launched a community of investors - heads of Swiss family and advisory offices and wealth managers - with the aim of co-investing in the kind of managers they wanted to invest in, either by way of s