Wed, Apr 26, 2017
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Industry Updates

Greenwich Global Hedge Fund Index up 0.5% (est.) in February, 2.8% YTD

Friday, March 15, 2013
Opalesque Industry Update – Modest performance in global markets in February 2013 was reflected in hedge funds with the Greenwich Global Hedge Fund Index increasing on average +0.33%.

Just over 50% of reporting managers reported positive gains in February. As a group Long-Short Equity managers performed the best, up +0.71% in February. Equity markets as measured by the S&P 500 TR and FTSE 100 gained only slightly more than hedge funds, up +1.36% and +1.34% respectively.

Global Index Strategy Highlights

• Hedge fund managers remained conservative in February, gaining a modest +0.33% on average, as moderately positive economic indicators failed to generate much enthusiasm. The February gain brings the GGHFI year to date return up to +2.77% for 2013.
• The Long-Short Equity Group continues to outperform other strategies in 2013 gaining +0.71% on average in February. Value managers performed the best out of the group gaining +1.23% during the month. Growth managers followed, up +0.62% in February. Opportunistic managers surprisingly lost ground in February, losing on average -0.22% over the course of the month.
• Directional Trading Group managers also struggled in February losing on average -0.61%. Macro managers slipped a modest -0.26% during the month. Futures managers continue to be challenged by a very tough environment, losing an average -0.73% in February.
• On a regional basis, managers investing in Developed Asian markets (+1.34%) were the top performers for the second month in a row, closely followed by Western European funds (+1.04%). All Developed Markets regions return positive results on average in February.
• Emerging Markets regions were a bit more mixed. Most notably, Emerging Markets Europe funds suffered a loss of -2.39% on average as the MSCI Russia Index fell by -5.6%.

Press release

www.greenwichai.com

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. Alternative asset firm YieldStreet surpasses $100m of loans funded in less than 8 quarters[more]

    Komfie Manalo, Opalesque Asia: Alternative asset investment platform YieldStreet reported that it has surpassed $100m in loans funded in less than eight quarters from accredited investors and single family offices. YieldStreet was founded by Milind Mehere and Michael Weisz. In a

  2. Investing - Investor appetite for high-growth IPOs to be tested, Apollo boosts fund's stock allowance for 'diamonds in the rough', Hedge funds uncertain over outlook for Hargreaves Lansdown[more]

    Investor appetite for high-growth IPOs to be tested From FT.com: The US listings market is poised for a busy week with deals that will test investors' appetite for high-growth - but lossmaking - companies. Eight new listings are scheduled for this week, the most since October of 2016,

  3. Hedge funds holding Puerto Rico bonds are looking at a long battle[more]

    Komfie Manalo, Opalesque Asia: Hedge funds which bought Puerto Rico's distressed debt bonds are facing the prospect of a long road ahead to recover their investments as the Caribbean island is attempting to use a U.S. Congress-approved rule that allows it to exploit a bankruptcy-like proceedings

  4. Other Voices: "Winner-take-all" dynamics and hedge fund investing[more]

    A growing stream of thinking in microeconomics is the concept of "winner-take-all" dynamics. The idea seems simple. A combination of networking economics and classic economies of scale creates situations where there are just a few dominant firms or economic agents who are able to capture significant

  5. Opalesque Exclusive: WBB enters buy-side with new healthcare long/short strategy[more]

    Benedicte Gravrand, Opalesque Geneva: WBB Securities, a US financial services firm and boutique investment bank since 2001, has a long history within the biotech industry. Managing partner Steve Brozak has been associated with biotech for the last 25-30 years, and was involved with some of the mo