Thu, Aug 17, 2017
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Industry Updates

DJ Credit Suisse hedge fund index finishes Q1 up 4.04%; industry saw outflows of $1.33bn in March

Wednesday, April 25, 2012
Opalesque Industry Update – The Dow Jones Credit Suisse Hedge Fund Index finished up 0.05% in March 2012. (Earlier estimated numbers here: Source).

A new monthly commentary offers insight into hedge fund performance through the month of March. Some key findings from the report include:

 Hedge funds, as measured by the Dow Jones Credit Suisse Hedge Fund Index, finished March up 0.05%, with 5 out of 10 strategies in positive territory;

 In total, the industry saw estimated outflows of approximately $1.33 billion in March, bringing overall assets under management for the industry to approximately $1.75 trillion;

 The Convertible Arbitrage and Equity Market Neutral sectors experienced the largest asset inflows on a percentage basis in March, with inflows of 1.18% and 0.76% from February 2012 levels, respectively;

 Long/Short Equity was positive for the third month in a row. Three-month equity market correlation continued its downward descent, which was beneficial for both the long and short sides of the book and provided greater upside capture than Long/Short Equity funds have had in the past few months;

 The long Emerging Market FX themes, which were positive sources of Global Macro manager performance for January and February, partially reversed on the month leading to lower performance for the sector; and

 On the relative value front, managers showed mostly positive performance in March. Fixed Income Arbitrage managers posted gains as managers have, in some instances, been able to produce positive performance through tactical trading approaches.

Industry commentaries and publications are available in the "News" section of the website, www.hedgeindex.com.

Click here to view the full report, which includes an overview of March hedge fund performance, in-depth commentary on individual hedge fund sectors and hedge fund return dispersion statistics for each strategy.

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. Opalesque Exclusive: Albright Capital puts a value lens on emerging markets[more]

    Bailey McCann, Opalesque New York: Over the past decade, investors have steadily increased investments in emerging markets private funds. Allocations to the cohort have increased from $93 billion in December 2006 to $564 billion in September 2016, according to data from research firm Preqin. Howe

  2. Other Voices: Crisis risk offset; about time?[more]

    This article was authored by Russell Barlow, global head of hedge fund solutions at London-based Aberdeen Asset Management. Like the ubiquitous force of gravity, when financial markets rise they must fall. The quest

  3. Comment: "Long-Term Investing": What managing drawdown risk can do to your long-term returns[more]

    Matthias Knab, Opalesque: Real Investment Advice writes on Harvest Exchange: Last week, I was having lunch with a prospective portfolio management client discussing the curre

  4. Jasper Capital International joins Hedge Fund Standards Board[more]

    Komfie Manalo, Opalesque Asia: Diversified and systematic investment firm Jasper Capital International has become the second China-based signatory to the Hedge Fund Standards Board (HFSB), an organization that brings hedge fund managers and investors together to set standards for the hedge fund i

  5. Investing - Hedge-fund honchos including David Tepper are loading up on Alibaba, Billionaire hedge fund manager Stanley Druckenmiller is betting big on the Chinese consumer, Big-name U.S. hedge funds shed healthcare stocks during the rally in second-quarter, U.S. hedge funds bearish on FAANG stocks in second-quarter, Hedge fund titan Viking Global made a $680 million bet on scandal-plagued Wells Fargo[more]

    Hedge-fund honchos including David Tepper are loading up on Alibaba From CNBC.com: David Tepper's Appaloosa Management and three other he ge funds took new stakes in Chinese e-commerce giant Alibaba in the second quarter, according to the latest quarterly filings. Appaloosa disclos