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

Dow Jones Credit Suisse comments on Hedge Fund Index's January performance (2.07%)

Thursday, February 21, 2013
Opalesque Industry Update - The Dow Jones Credit Suisse Hedge Fund Index finished up 2.07% in January 2013. A new monthly commentary offers insight into hedge fund performance through the month of January. Some key findings from the report include:

  • Hedge funds, as measured by the Dow Jones Credit Suisse Hedge Fund Index, finished January up 2.07%, with 9 out of 10 strategies in positive territory;
  • In total, the industry saw estimated outflows of approximately $9.3 billion in January, bringing overall assets under management for the industry to approximately $1.78 trillion;
  • The Multi-Strategy and Equity Market Neutral sectors experienced the largest asset inflows on a percentage basis, with inflows in January equal to 0.78% and 0.19% of the December 2012 levels, respectively;
  • Event Driven funds sustained positive performance in January from a combination of situation specific events and broad based market rally. Contributors for the month were both credit and equity asset classes, which drove performance for long holdings; and
  • Long/Short Equity funds produced positive returns in January. Managers with exposure to Healthcare benefited from long positions in companies that announced positive earnings, merger speculation and private equity interest.
Press release

www.hedgeindex.com

Bg

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 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 gained 1.39% in the first month of 2013. The A SQUARE Funds of Funds Index performed slightly worse with a gain of 0.68%.
Click here for More about Opalesque Tracking
- A new, unique Premium Service -
  1. Penrich
  2. MS
  3. MGH
  4. NZARA
  5. 36 South
  1. managed account
  2. people
  3. global macro
  4. hedge funds
  5. Ucits