Sun, Mar 1, 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. Investing - Seth Klarman of Baupost outlines his investment process as major stock market indices are stretched, Myriad hedge fund sold bulk of its Alibaba stake last year[more]

    Seth Klarman of Baupost outlines his investment process as major stock market indices are stretched From Valuewalk.com: As hedge fund manager Seth Klarman, leader of the $28 billion Baupost Group, reviews 2014 performance and considers investors gained near 7 percent on the year, he cons

  2. Adamas Asset Management and Ping An Insurance to co-manage $500m debt fund[more]

    Komfie Manalo, Opalesque Asia: Hong Kong-based Adamas Asset Management and Ping An Insurance Group, one of China’s largest financial institutions, have finalized a memorandum of und

  3. Opalesque Exclusive: dbSelect’s top ten FX strategies average almost 10% in January[more]

    Benedicte Gravrand, Opalesque Geneva: In one of Deutsche Asset & Wealth Management (AWM)’s hedge fund platforms, called dbSelect, a number of FX Strategies did very well in January. dbSelect is a managed investment platform for unf

  4. Opalesque Exclusive: SEC’s Mark J. Flannery warns hedge funds against valuation misconduct[more]

    Komfie Manalo, Opalesque Asia: Securities and Exchange Commission chief economist and director of Division of Economic and Risk Analysis (DERA) Mark J. Flannery has warned of the risks posed by market misconduct, particularly in the true valuation of assets by hedge fund managers. In his

  5. Dymon Asia's $3bn macro hedge fund lost 10.45% in January[more]

    From Reuters.com: Dymon Asia's $3.1 billion macro hedge fund lost 10.45 percent in January, performance data seen by Reuters showed, a month where many peers lost heavily after a surprise rise in the Swiss franc. Singapore-based Dymon, set up by Danny Yong, a former founding partner and chie