Wed, Oct 1, 2014
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 0.97% (est.) in April (+4.54% YTD)

Monday, May 06, 2013
Opalesque Industry Update - Hedge funds continued to improve through April 2013, adding +0.97% during the month on average, and bringing the Greenwich Global Hedge Fund Index YTD performance up to +4.54%. All primary strategies reported gains for April.

Macro managers are the top performers for April according to initial results, adding an average +2.68% during the month

Event Driven managers added an average +1.91% in April, and are now up 6.10% YTD. This strategy has now surpassed Long-Short Equity as the leading strategy for 2013.

Long-Short Equity struggled the most during April, adding a modest 0.17% on average. Individual results were mixed and highly dispersed, with 58% of managers reporting gains. Many managers may have reduced exposure in anticipation of the annual May 1 sell off and going into the quieter summer trading period.

Greenwich Hedge Fund Index Performance at a Glance

 

Total Return

 

 

 

Apr13

Mar13

YTD

3Mo

1Year

 

 

 

 

 

Greenwich Global Hedge Fund Index

0.97%

0.87%

4.54%

2.06%

6.83%

 

 

 

 

Equity Market Neutral

0.78%

0.45%

3.02%

1.94%

3.94%

 

 

 

 

Event-Driven

1.91%

1.28%

6.10%

3.42%

11.28%

 

 

 

 

Arbitrage

1.04%

1.15%

4.20%

2.84%

9.45%

 

 

 

 

Long/Short Equity

0.17%

1.04%

5.37%

1.78%

7.58%

 

 

 

 

Futures

1.81%

0.52%

2.54%

1.39%

0.20%

 

 

 

 

Macro

2.68%

0.72%

5.36%

3.42%

7.87%

 

 

 

 

Long/Short Credit

1.42%

0.42%

3.58%

2.06%

11.14%

 

 

 

 

Multi-Strategy

1.08%

0.71%

3.94%

2.09%

6.25%

 

 

 

 

 

Barclays Aggregate Bond Index

1.01%

0.08%

0.89%

1.60%

3.68%

 

 

 

 

S&P 500

1.93%

3.75%

12.74%

7.18%

16.89%

 

 

 

 

MSCI World Equity Index

2.90%

2.09%

10.28%

5.03%

14.08%

 

 

 

 

FTSE 100

0.29%

0.80%

9.03%

2.44%

12.07%

 

 

 

 

* The table contains initial estimates. Firm estimates for all indices will be published mid-month. The GGHFI current month return will be finalized on the third business day of June.

Greenwich Alternative Investments, LLC (and its affiliates) manages one of the world’s largest hedge fund databases and is among the oldest providers of hedge fund indices, asset management services, and research to institutional investors worldwide. 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. Socially responsible investments grow in demand, but performance questions persist[more]

    Komfie Manalo, Opalesque Asia: A study by financial services firm TIAA-CREF showed that interest in socially responsible investing (SRI) is increasing rapidly, but investors are still asking if investing in an SRI strategy

  2. Regulatory - Ireland launches structure for passporting loan origination funds within EU[more]

    From Asiaasset.com: The Irish Funds Industry Association (IFIA) has introduced new loan origination capabilities that will offer Asian managers and investors a new structure under the European Union’s (EU’s) Alternative Investment Fund Managers Directive (AIFMD). The new structure will allow the mar

  3. Europe - Ed Miliband's war on hedge funds could damage City of London[more]

    From Telegraph.co.uk: Ed Miliband’s plans to wage war on hedge funds could be potentially more damaging to the City of London than even the financial transaction tax (FTT), senior banking sources warned on Tuesday night. The Leader of the Opposition took aim at a number of industries as part of his

  4. News Briefs - SEC probes Pimco ETF over pricing irregularities, BEPs: Action plan released and UK first to adopt country-by-country reporting[more]

    SEC probes Pimco ETF over pricing irregularities The Securities and Exchange Commission is investigating Pimco’s pricing of exchange traded funds, the latest cloud to hang over the world’s largest bond manager, which has been dogged by poor performance and management infighting. Pimco on

  5. CalPERS’ move might alter hedge fund fees for good[more]

    Benedicte Gravrand, Opalesque Geneva: When CalPERS, the California Public Employees’ Retirement System, announced on September 15th that it was unwinding its hedge-fund portfolio, it was seen by many as is a significant blow to the sector’s appeal. The Fund is