Sun, Jan 25, 2015
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Industry Updates

HFRU Hedge Fund Composite Index gains +1.18% through mid-July (currently +1.35% YTD)

Thursday, July 18, 2013
Opalesque Industry Update - UCITS compliant Hedge funds posted gains, with the HFRU Hedge Fund Composite Index gaining +1.18% through mid-July.

• HFRU Equity Hedge Index posted a gain of +1.88% through mid-July, 2013, with contributions from Healthcare, Emerging Europe and Technology sectors, partially offset by positioning in Brazil and India.

• HFRU Event Driven Index posted a gain of +1.11% through mid-July, with contributions from European and Asian Equity Special Situations and Global Merger Arbitrage strategies.

• HFRU Macro Index posted a gain of +0.91% through mid-July, with contributions from Systematic strategies concentrated in Currencies and Commodities, which were partially offset by Active Trading and Volatility strategies.

• HFRU Relative Value Arbitrage Index gained +0.39% through mid-July, with gains in Real Estate, Global Convertible and Fixed Income strategies, only partially offset by Volatility and Fixed Income: Asset-Backed strategies.

Global equity markets recovered much of the June declines through mid-July as investor concerns over near term extraction of stimulus measures by US Federal Reserve subsided; equities posted gains across most regions, balanced across the US, European, Asian and Emerging Markets. European equities also gained across most regions, led by strength in the Netherlands, Russia, Sweden and the UK; Asian equities also posted gains led by Japan, China & Australia. US gains were led by small cap and Technology exposures, with sector strength in Biotechnology, Energy and Semiconductors, as implied volatility declined through mid-month.

European government bond yields declined for the month through mid-July, led by declines in Germany, France, Hungary and the Netherlands; Asian bond yields were mixed rising in China and Hong Kong while falling in Japan. The US yield curve steepened, rising is longer dated maturities while short dated yields fell, high yield credit tightened after sharp June losses.

The US dollar traded in narrow range through mid-July, gaining against the British Pound Sterling & Japanese Yen, while falling against the Euro & Canadian Dollar. Energy & Metals Commodities partially recovered from June declines, with mid-July gains led by Oil, Platinum and Silver, while Agricultural commodities were mixed with gains in Wheat & Cocoa offset by declines in Corn & Soybeans.

Press release

WWW.HFRU.EU

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. Commodities - Druckenmiller alums at PointState make $1 billion on oil, Andurand Capital sees oil sliding to $40[more]

    Druckenmiller alums at PointState make $1 billion on oil From Bloomberg.com: Hedge fund manager Zach Schreiber stood on stage at Avery Fisher Hall in New York eight months ago and made a bold prediction. “We believe crude oil is going lower -- much lower,” Schreiber, 42, told the audienc

  2. Investing - David Einhorn discloses a new position in Time Warner, Canyon trimming bets on mortgage bonds after making $7bn[more]

    David Einhorn discloses a new position in Time Warner From FTLeavenworthlamp.com: …Einhorn also disclosed a new position in Time Warner. "Since 2009, TWX has refocused its business into a collection of high quality assets including basic cable networks (Turner and CNN), a movie studio (

  3. Top performing private equity firms you should invest in[more]

    Komfie Manalo, Opalesque Asia: Professor Oliver Gottschalg of Paris-based HEC Business School, also known as Ecole des Hautes Etudes Commerciales de Paris has released his annual ranking of the top performing private equity firms. The 2014 HEC-DowJones Private Equity Performance Ranking

  4. Comment - Why invest in hedge funds if they don't outperform the market?[more]

    From Forbes.com: Hedge funds have always been a bit exotic and an enigma to some, but bottom line they are supposed to produce good returns using a range of strategies including global macro, event driven and relative value (arbitrage). And, sophisticated or high-net-worth individuals (HNWIs) could

  5. Owen Li 'truly sorry' for blowing up $100m of hedge fund’s assets[more]

    From CNBC.com: A hedge fund manager told clients he is "truly sorry" for losing virtually all their money. Owen Li, the founder of Canarsie Capital in New York, said Tuesday he had lost all but $200,000 of the firm's capital—down from the roughly $100 million it ran as of late March. "I take r