Sun, Mar 29, 2015
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. Other Voices: Does the hedge fund industry benefit society?[more]

    This article was authored by Don Steinbrugge, Chairman of Agecroft Partners, a US-based global consulting and third party marketing firm for hedge funds. It is no secret that the hedge fund industry is viewed negatively by a la

  2. Private credit comes into focus for investors[more]

    Bailey McCann, Opalesque New York: As investors look for a way out of the low yield/no yield environment, private credit is becoming an increasingly attractive asset class, according to a white paper from Bayshore Capital Advisors. Private credit has grown steadily since the financial crisis as

  3. M&A - Hedge funds no longer attractive targets for banks, reinsurers, Blackstone buys stake in Christopher Pucillo’s Solus event-driven hedge fund[more]

    Hedge funds no longer attractive targets for banks, reinsurers From Institutionalinvestor.com: Swiss RE, the world’s second-largest reinsurer, is looking to sell its 15 percent stake in Jersey, Channel Islands–based hedge fund firm Brevan Howard Asset Management. Morgan Stanley reported

  4. Opalesque Radio: Threadneedle expects continuing equity volatility this year[more]

    Benedicte Gravrand, Opalesque Geneva: Investors should expect more volatility, which is signaling a "slow moving" top to the market, KKM Financial’s founder and CEO Jeff Kilburg told CNBC on Monday. And this volatility is going

  5. Hedge funds show strong performance of 2.52% so far in 2015[more]

    Komfie Manalo, Opalesque Asia: The hedge fund industry got off to a strong start in 2015 "completely unmindful" of the poor performance last year, according to data provider Preqin. According to Preqin, following a year which saw the average he

 

banner