Sun, Aug 20, 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 gains 0.79% so far in April (4.4% YTD)

Tuesday, May 14, 2013
Opalesque Industry Update – Hedge funds were up +0.79% in April 2013 posting their fourth straight month of growth in April. Distressed Securities managers led all strategies, adding +2.98% during the month. Regionally, managers focusing on Asia’s developed markets also had a strong month, up +3.39%. Equity markets, as measured by the S&P 500 TR and MSCI World Price Index, increased by +1.93% and +2.90% respectively. 66% of reporting funds reported positive performance for the month.

Global Index Strategy Highlights

• Distressed Securities is now the top strategy performer for 2013. April saw strong growth of nearly +3% on average during the month, increasing the strategy’s YTD performance to +7.99%. Macro and Event-Driven managers also saw strong performance in April adding +1.73% and +1.51% respectively.
• Long-Short Equity managers reported more tepid growth in April (+0.37%), as many managers seemed to be surprised at the extent of the rally in equities. The Value sub-strategy continues to be the best performer in the group, up +0.71% in April and +6.85% YTD. It is also the second best performing hedge fund strategy YTD behind Distressed Securities.
• April saw a return of 3.39% on average for hedge funds investing in Asia - Developed Markets, making this the strongest regional performer YTD (+11.78%). Continued Bank of Japan policy in April led the Nikkei 225 to a rise of +11.8% for the month.

Performance table

Greenwich Alternative Investments: 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. Opalesque Exclusive: Albright Capital puts a value lens on emerging markets[more]

    Bailey McCann, Opalesque New York: Over the past decade, investors have steadily increased investments in emerging markets private funds. Allocations to the cohort have increased from $93 billion in December 2006 to $564 billion in September 2016, according to data from research firm Preqin. Howe

  2. Comment: "Long-Term Investing": What managing drawdown risk can do to your long-term returns[more]

    Matthias Knab, Opalesque: Real Investment Advice writes on Harvest Exchange: Last week, I was having lunch with a prospective portfolio management client discussing the curre

  3. Jasper Capital International joins Hedge Fund Standards Board[more]

    Komfie Manalo, Opalesque Asia: Diversified and systematic investment firm Jasper Capital International has become the second China-based signatory to the Hedge Fund Standards Board (HFSB), an organization that brings hedge fund managers and investors together to set standards for the hedge fund i

  4. Investing - Hedge-fund honchos including David Tepper are loading up on Alibaba, Billionaire hedge fund manager Stanley Druckenmiller is betting big on the Chinese consumer, Big-name U.S. hedge funds shed healthcare stocks during the rally in second-quarter, U.S. hedge funds bearish on FAANG stocks in second-quarter, Hedge fund titan Viking Global made a $680 million bet on scandal-plagued Wells Fargo[more]

    Hedge-fund honchos including David Tepper are loading up on Alibaba From CNBC.com: David Tepper's Appaloosa Management and three other he ge funds took new stakes in Chinese e-commerce giant Alibaba in the second quarter, according to the latest quarterly filings. Appaloosa disclos

  5. FinTech - Danger: Crowdfunding on the wrong platform could force you to go public[more]

    From LinkedIn.com: Some equity crowdfunding platforms are putting startups at serious risk. Working with a platform that doesn't structure your deal appropriately could jeopardize your ability to raise future capital or worse, force you to become a public reporting company. The emergence of eq