Tue, Jun 30, 2015
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Industry Updates

HFRI Fund Weighted Composite Index up 3.02% (est.) in September, 17.21% YTD

Thursday, October 08, 2009
Opalesque Industry Updates - Hedge funds posted a broad-based gain in September, with the HFRI Fund Weighted Composite +3%. The strong 3Q09 gain brings the YTD performance of the composite to over 17%; this following record losses in 2008 of over 19%.

All Core Strategies posted gains for the month, with the strongest of these Event Driven, with a gain of over 4.2%. Funds focusing on Distressed, Activist, Asset Backed and Convertible strategies all benefited from credit spread tightening and appreciation in RMBS and CMBS securities, this ahead of the US government funded PPIP.

The single sub-strategy which declined in September was Short Bias; with lost 4.9%, bringing YTD losses to over 19%; the HFRI EH: Short Bias Index gained 28.4% in 2008.

After a modest gain in August, Emerging Markets funds again were performance leaders, with the HFRI Emerging Markets (Total) Index +6.2%. Exposure in Russia and Latin America were leaders.

Full performance table: Source.


Be

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: New systematic strategy managed alongside research firm outperforms S&P500[more]

    Benedicte Gravrand, Opalesque Geneva for New Managers: An emerging CTA manager explains how he runs his strategy, which is based on an index produced by a research firm. Peter Turk is head of

  2. Hedge funds panic over Greece[more]

    Komfie Manalo, Opalesque Asia: Some investors are in panic mode as Greek Prime Minister Alexis Tsipras announced Sunday night that the banks and the stock market would be closed Monday, said

  3. Alternative investment industry could grow to $13.6tln in five years[more]

    Komfie Manalo, Opalesque Asia: Leading auditing and advisory group PwC said that the global alternative investment industry, which includes hedge funds, private equity and real assets, is set to increase to $13.6tln within the next five years. "Be

  4. Qbasis gets $200m-plus investment in 'black swan' hedge fund[more]

    From Reuters.com: A hedge fund that more than doubled clients' money during the 2008 financial crisis has attracted more than $200 million from an investor aiming to cash in on fresh ructions in global markets. Qbasis Invest has secured the investment from Britain's Omada Capital, Florian Wagner, wh

  5. Outlook - Jim Rogers: Turmoil is coming[more]

    From Peakprosperity.com: Two years since his last interview with us, investor Jim Rogers returns and notes that the risks he warned of last time have only gotten worse. In this week's podcast, Jim shares his rational for predicting: increased wealth confiscation by the central planners

 

banner