Thu, Jun 20, 2013
A A A
Welcome Guest
Free Trial RSS
New! Family Office and Investor Database with 11,750 contacts
Industry Updates

Greenwich Global Hedge Fund Index down -1.1% in November (-4.1% YTD)

Friday, December 09, 2011
Opalesque Industry Update - Hedge funds as measured by the Greenwich Global Hedge Fund Index (“GGHFI”) posted losses in November, losing ground during the latter half of the month on weak fundamentals in European markets. The GGHFI shed 1.05% compared to global equity returns in the S&P 500 Total Return (-0.22%), MSCI World Equity (-2.69%), and FTSE 100 (-0.70%) equity indices. 39% of constituent funds in the GGHFI ended the month with gains.

“European headlines continue to dictate the mood of global markets and cause increased volatility in equities. Hedge fund managers have decreased leverage and exposure to mitigate market risk but are still exposed to broader moves,” notes Clint Binkley, Senior Vice President.

Hedge Fund Strategy Highlights

  • Directional Trading funds lead hedge fund strategies, advancing 0.17% on average
  • Market Neutral Funds move sideways, losing 0.35%. Equity Market Neutral funds are best performers in the group, gaining 5 bps.
  • Long-Short Equity funds trail other averages, falling 2.40%
  • Developed market funds show substantially better returns than Emerging market managers; Composite Regional Indices post returns of -0.55% and -4.53%, respectively

(press release)

Full performance table: Source

PD

Article link

What do you think?
   Use "anonymous" as my name    |   Alert me via email on new comments   |   
Banner
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. GAIM delegates hear fund of funds fees are increasingly discounted[more]

    Beverly Chandler, Opalesque London: Reporting from the GAIM conference in Monaco, CooConnect finds that funds of funds are taking action over their fees. The site writes: "Funds of funds have insist

  2. Multifonds’ white paper reflects on the likely impact of AIFMD[more]

    Beverly Chandler, Opalesque London: Investment software provider Multifonds has published its white paper, entitled: The impact of AIFMD and convergence survey. Key findings from the survey include: 83% of respondents agree convergence o

  3. Swiss funds increased by CHF 100bn ($829bn) year on year[more]

    The Swiss Fund Association has announced that in May 2013, the volume of assets placed in the investment funds covered by the statistics compiled by Swiss Fund Data AG and Lipper reached around CHF 763 billion, a slight rise of CHF 2.6 billion month-on-month. This represents a marked increase of jus

  4. GAIM Conference – Hedge funds brace for renewed debt crisis, Hedge fund managers don hairshirts and ‘impact investing’ at Monaco meet[more]

    Hedge funds brace for renewed debt crisis From Indiatimes.com: The euro zone's debt crisis may be far from over, while Japan's money-printing gamble to revive its economy could destabilize global markets if it doesn't work, some hedge fund managers say. They are taking the view that the

  5. Trading species for conservation: "Mitigation Banking makes it possible for real estate developers to turn biodiversity into an asset instead of a liability - which ultimately makes it possible to preserve that biodiversity across the United States."
Click here for More about Opalesque Tracking
- A new, unique Premium Service -
  1. Carlson
  2. Peak 6
  3. One William Street
  4. Securis
  5. Haymarket
  1. man group
  2. managed account
  3. Ucits
  4. asian hedge fund
  5. global macro