Sat, Mar 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. Hedge fund liquidations in 2016 surpass 2009 levels, new launches decline[more]

    Benedicte Gravrand, Opalesque Geneva: Even as the hedge fund industry's total assets exceeded the $3tln milestone last year, hedge fund liquidations increased. So much so that 2016 had the highest number of liquidations since 2008, claims the latest HFR Market Microstructure Report, re

  2. Hedge funds find no joy in macro as returns lag Trump rally[more]

    From Gulfnews.com: In 2017, macro hedge funds were expected to shine. So far? Not so much. It's been a far from impressive first two months for funds that trade around macroeconomic events. Discretionary funds rose just 0.3 per cent through February, according to Hedge Fund Research Inc., while the

  3. Strategies - Billionaire investor Marc Lasry shares how he's playing markets right now, Classic models are failing FX hedge funds desperate for return[more]

    Billionaire investor Marc Lasry shares how he's playing markets right now From CNBC.com: Buy on the prospect of deregulation. Sell on the enactment of deregulation. That's the strategy that billionaire investor Marc Lasry is implementing, according to an interview with CNBC in Las Vegas

  4. Opalesque Exclusive: Aberdeen makes the case for the lower mid-market[more]

    Bailey McCann, Opalesque New York: Aberdeen Asset Management has released a new paper focused on lower mid-market private equity. According to the paper, this segment of the private equity market is gaining popularity with private equity investors that are looking for multiple expansion and less

  5. Hedge funds await outcome of French elections, feel pinch on lower oil prices & weak dollar[more]

    Komfie Manalo, Opalesque Asia: Hedge funds felt the pinch of lower oil prices and weak U.S. dollar as the Lyxor Hedge Fund Index was marginally down as of the week ending 14 March, Lyxor Asset Management said in its Weekly Briefing. The Lyxor He