Wed, Aug 24, 2016
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Industry Updates

HFRU Equity Hedge Index rose +1.31% in January

Tuesday, February 05, 2013
Opalesque Industry Update - Global financial markets posted strong gains in January to start 2013, as the resolution of the US fiscal cliff negotiations, optimism over the European sovereign debt crisis and a dynamic M&A environment provided catalysts for strong equity market gains globally. Regional gains were broad based across both developed and emerging markets, with European leadership from Switzerland, UK, Italy and Russia, while strong gains in Asia continued in China, Japan and Australia. Currency trading volumes soared on dramatic moves including strong gains in the Euro against both the US dollar and Swiss Franc, while the US dollar posted strong gains against both the British Pound Sterling and the Japanese Yen, the later in response to aggressive economic stimulus measures and inflation targeting by the Bank of Japan.

Government bond yields rose sharply across UK Gilts, German Bunds & US Treasury bonds, while yields declined in Italy and Spain on improved outlook; while commodity gains were led by Platinum, Oil, Cotton & Corn. UCITS compliant hedge funds posted the seventh gain in last eight months, with the HFRU Hedge Fund Composite Index gaining +0.83% in January.

  • HFRU Equity Hedge Index rose +1.31% in January with contributions from exposure to European, Emerging Asian and Japanese equity and Financials, which were only partially offset by statistical arbitrage strategies.
  • HFRU Relative Value Index gained +0.73% in January, with gains across Convertible Arbitrage, FI Pairs Trading and Real Estate Exposures, which were partially offset by mixed performance across Commodity and Emerging Markets Arbitrage exposure.
  • HFRU Macro Index gained of +0.43% in January, with contributions from Global and Currency Discretionary strategies, which were partially offset by Systematic short-CTA and Active Trading strategies.
  • HFRU Event Driven Index posted a modest gain of +0.03% in January, with contributions from exposure to European risk arbitrage and credit oriented exposures, which were partially offset by declines in global merger arbitrage strategies.

HFR in pleased to announce the launch of the HFRU family of indices, which join industry-standard HFRX and HFRI Indices. The HFRU Indices are published on a daily basis and comprise the most comprehensive benchmarks of UCITS hedge fund performance available. HFRU Indices are representative of the complete universe of hedge funds compliant with UCITS guidelines, and include four strategy indices (Equity Hedge, Event Driven, Macro and Relative Value Arbitrage) and an aggregate HFRU Hedge Fund Composite Index...Full performance table: Source
km

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: Algorithms platform aims to target typical challenges found in quantitative hedge funds[more]

    Benedicte Gravrand, Opalesque Geneva: Last month, Quantopian received investments from Point72 Ventures, the new venture capital arm of Steven Cohen’s Point72 Asset Management.

  2. LatAm hedge funds surge in 1H to +24.4%, emerging markets assets rise[more]

    Komfie Manalo, Opalesque Asia: Hedge funds investing in Latin America posted strong gains through mid-2016, reversing declines in four of the past five years, including the last three years, to lead all areas of hedge fund performance through the first half of 2016, according to the latest HFR Em

  3. Asia - LGT Capital Partners: Alternatives set for continued rise in Asia[more]

    From Asianinvestor.net: More flows are likely into insurance-linked strategies, private equity and trend-following strategies/CTAs, given the benefits of such investments, argues LGT Capital Partners. Despite the numerous quantitative easing programs and bailouts of recent years, the quest for

  4. Opalesque Roundtable: Low and high fee investments often better than mid fee hedge funds[more]

    Komfie Manalo, Opalesque Asia: Hedge funds that charge the low and high fees stuff often provide better returns than "those sort of mid-fee investments", said Keith Haydon, chief investment officer of Man FRM. (Alternative) investment managers who charge high fees would often provide the most int

  5. Hedge fund investors pull $5.7 billion in July[more]

    From Bloomberg.com: Hedge funds suffered a third consecutive month of outflows in July as investors withdrew $5.7 billion, according to industry tracker Eurekahedge. Redemptions totaled $20.7 billion in the three months through July, with money managers betting on equities suffering $18.4 bill