Tue, May 31, 2016
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. Americas - Australian banks sending U.S. hedge funds broke, Ryan Puerto Rico ‘rescue’ bill could be windfall for hedge funds[more]

    Australian banks sending U.S. hedge funds broke From SMH.com.au: US hedge funds are not having the best of years. Profits are hard to find, they're underperforming and the punters are losing patience, withdrawing US$15 billion ($20.8 billion) in the March quarter. They're expected to wit

  2. Investing - Billionaire Wilbur Ross likes the look of Chinese bad loans, Hedge funds are still relevant in a diversified portfolio: 4 fundamental criteria for superior manager selection[more]

    Billionaire Wilbur Ross likes the look of Chinese bad loans From Bloomberg.com: U.S. billionaire Wilbur Ross said he’s considering investing in nonperforming loans in China, as Moody’s Investors Service said that the nation has the tools to prevent a financial crisis in the near term. I’

  3. Investing - Blackstone gives pricey Canadian energy and property thumbs down, One of the most concentrated hedge fund bets is getting crushed, Facebook is hedge funds' new tech darling,[more]

    Blackstone gives pricey Canadian energy and property thumbs down From Bloomberg.com: Canada’s energy assets are uneconomic and real-estate markets overvalued, making them less attractive for investment than in the U.S. and elsewhere, according to Tony James, president of Blackstone Group

  4. Study - Only 30% of institutional hedge fund portfolios beat the benchmark[more]

    Bailey McCann, Opalesque New York: A new study from CEM Benchmarking, an independent provider of cost and performance analysis for pension funds, shows that only 30 percent of institutional investors hedge fund portfolios beat the benchmark after fees. The study provides in depth analysis of real

  5. Investing - Scientist turned hedge fund founder cuts profitable Aussie short, Pelargos joins hedge funds’ bet on turnaround at Honda, Managers set to cash in on infrastructure debt upswing[more]

    Scientist turned hedge fund founder cuts profitable Aussie short From Bloomberg.com: AE Capital, a hedge fund run by a former atmospheric scientist, trimmed bets against the Australian dollar as it gauges shifts in the world’s two biggest economies. The Australian, Canadian and New Zeala