Sat, May 25, 2013
A A A
Welcome Guest
Free Trial RSS
New! Family Office and Investor Database with 11,750 contacts
Industry Updates

Eurekahedge: Hedge funds dipped 0.51% in October, up 3.81% year to date

Thursday, November 08, 2012
Opalesque Industry Update - Eurekahedge reports that hedge funds finished October in the red amid trend reversals, across a variety of sectors, which made for a difficult trading environment. The Eurekahedge Hedge Fund Index was down 0.51%. In contrast the MSCI World Index dropped by 0.76%1 for the month. On the whole, however, the Eurekahedge Hedge Fund Index is in positive territory for 2012 — its return now sits at 3.81% year-to-date (YTD).

Key takeaways for the month of October 2012:

Hedge funds saw their winning streak end with a loss in October — but they remain in the black, having gained 3.81% YTD

Asia ex-Japan mangers continued their impressive 2012 performance by gaining 1.75% in October

The asset weighted Mizuho-Eurekahedge Asia ex-Japan Long/Short Equity Index gained nearly 2% in October, showing that the larger funds in the region delivered the strongest gains

Distressed debt funds were up for the 4th consecutive month in October and gained 1.87% during the month. They are now up 7.31% since end-June and 10.53% October YTD

Press release

bc

What do you think?

   Use "anonymous" as my name    |   Alert me via email on new comments   |   
Banner
Today's Exclusives Today's Other Voices Banner More Exclusives
Previous Opalesque Exclusives                                  
More Other Voices
Previous Other Voices                                               
Access Alternative Market Briefing
  • Top Forwarded
  • Top Tracked
  • Top Searched
  1. Opalesque Exclusive: Endurance Series Trust launches first mutual fund, multi-series trust[more]

    Bailey McCann, Opalesque New York: Endurance Series Trust, a multi-series trust, is launching with Gator Capital Management, LLC as the adviser for the Trust’s first mutual fund series. Endurance Fund Services, LLC, an independently owned and operated fund administration company will serve as t

  2. Morgan Creek Capital Management to acquire Signet Capital Management[more]

    Bailey McCann, Opalesque New York: Investment firm Morgan Creek Capital Management has acquired Signet Capital Management a UK-based credit fund of funds with $700M in assets under management. Under the agreement, Signet will contribute its funds and senior investment management team to Morgan Creek

  3. Moore Capital founder Louis Bacon to anchor $750m senior loan fund[more]

    From PEhub.com: Billionaire hedge fund manager Louis Bacon is placing a big bet on mid-market lending by backing a new firm that is seeking to raise a $750 million debt fund aiming at the lower end of the middle market, two sources told sister magazine Buyouts. Bacon, the founder of Moore Capi

  4. North America – Students are launching hedge funds on colleges across America[more]

    From Valuewalk.com: …From Cornell, whose student-run hedge fund beat Wall Street returns to the University of Michigan, which allows its students to manage as much as $250,000, student hedge fund are becoming a more prominent part of financial education. Their success has attracted the attention of

  5. A SQUARE Index returns: The Opalesque A SQUARE Index lost 0.34% in last month, and is now up 0.11% for the year 2012. The A SQUARE Funds of Funds Index lost 0.51%, expanding its year-to-date loss to -0.40%.