Mon, Dec 5, 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 +0.82% through mid-January

Saturday, January 18, 2014
Opalesque Industry Update - UCITS compliant Hedge funds posted gains, with the HFRU Hedge Fund Composite Index gaining +0.82% through mid-January.

HFRU Equity Hedge Index posted a gain of +1.39% through mid-January, with positive contributions from Global Healthcare, European and MENA equities offset by declines in exposures to Brazil and China.

HFRU Event Driven Index posted a gain of +0.73% through mid-January, with contributions from European Equity Special Situations and Emerging Markets Fixed Income strategies, while Merger Arbitrage managers had mixed performance and Asian exposure experienced declines.

HFRU Macro Index posted a gain of +0.18% through mid-January, with performance from Commodity – Precious Metals and Systematic Fixed Income strategies, partially offset by declines in discretionary macro managers.

HFRU Relative Value Arbitrage Index posted a gain of +0.66% through mid-January, with gains in Global Convertible, Fixed Income and Real Estate strategies, offset by declines in Volatility managers.

Global financial markets posted mixed performance to begin 2014, as the expectations for continued US economic improvement remained robust, with both Gold and the US Dollar gaining to begin the year, despite the weak employment report. Global equity markets were also mixed, with European gains offsetting Asian and Emerging Market declines while US equities differed across sectors and market caps. European gains were led by strong gains in Italy and Spain, while Switzerland, Germany and the UK also posted gains; China led declines across Asia, with additional declines across Korea, Japan & Australia. US equities were led by Biotechnology, REITs, Healthcare and Commodity sensitive, which were partially offset by declines in Energy and Retail. The US Dollar gained against the British Pound Sterling and Euro to start the year, despite declining against the Japanese Yen. Yields declined across developed markets including the US, Canada, UK, Germany and Japan, with the US curve flattening on gains in long dated maturities, while high yield and investment grade credit tightened. Metals gained led by Gold, Platinum and Silver, while Oil and Energy Commodities declined. Sugar and Wheat led agricultural commodity declines, only partially offset by Cattle and Cocoa.

Press release

WWW.HFRU.EU

Comments reflect performance figures as of January 15, 2014.

The HFRU Indices are published on a daily basis and comprise the most comprehensive benchmarks of UCITS hedge fund performance available. HFRU Indices are representative of the complete universe of hedge funds compliant with UCITS guidelines, and include four strategy indices (Equity Hedge, Event Driven, Macro and Relative Value Arbitrage) and an aggregate HFRU Hedge Fund Composite Index.

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. M&A - AllianzGI to acquire Sound Harbor Partners, SS&C completes acquisition of Wells Fargo's Global Fund Services business[more]

    AllianzGI to acquire Sound Harbor Partners Allianz Global Investors (AllianzGI), an active investment manager, announced that Sound Harbor Partners, a US private credit manager led by Michael Zupon and Dean Criares, have agreed to join its fast-growing Private Debt Platform. Under the te

  2. Europe - UK investors to pay more tax on money in offshore funds, Do you want to hand your money to super-algo or a Swiss banker?[more]

    UK investors to pay more tax on money in offshore funds From FT.com: Hedge funds in Dublin and Luxembourg are set to be hit by new rules that will force UK investors to pay more tax on the money they hold in offshore funds. As part of the government’s Autumn Statement on the country’s fi

  3. Hunt for yield pushes more investors into riskier assets[more]

    From FT.com: Pension funds and insurance companies have increasingly embraced riskier assets in their hunt for higher returns over the past five years. Alternative assets such as property, infrastructure, private equity and hedge funds have been bought up by institutional investors in a world where

  4. People - Nectar Financial hires senior investment team, Texas A&M replaces retiring foundation investment chief, Ex-Cadwalader partner Woolery makes another sudden exit, How to become a Python coder at a top hedge fund, by the co-CTO of Man AHL[more]

    Nectar Financial hires senior investment team Nectar Financial AG, a Swiss financial technology company for wealth and asset management, has announced that it has hired two key senior leaders to spearhead its digital asset management efforts. The company also announced that it has entere

  5. Activist News - Cognizant has introductory discussion with activist investor Elliott; to review letter, Starboard Value makes huge investment in Hewlett Packard, Hedge fund calls for removal of First NBC Bank CEO[more]

    Cognizant has introductory discussion with activist investor Elliott; to review letter From Indiatimes.com: Cognizant said it had an introductory discussion with Elliott Management after receiving the activist hedge fund's letter asking for a board shakeup, a buyback, a dividend and chan