Sat, Oct 25, 2014
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Industry Updates

Greenwich Alternative Investments launches new regional indices

Tuesday, February 23, 2010
Opalesque Industry Update - Greenwich Alternative Investments, a leading source of hedge fund industry data, today announced the addition of eight new regional hedge fund indices to complement its existing lineup of hedge fund strategy indices. The creation of these new offerings is a result of investor demand for increased granularity within the hedge fund space and an increasing number of funds focused exclusively on specific geographic regions.

“It is important to understand that the market dynamics of investing in certain geographic regions can have as great an impact on performance as investment strategy itself,” said Clint Binkley , Senior Vice President. “Investors are well served by measuring and examining the differences in performance on both a strategic and geographic basis.”

In the first month of the index calculation, hedge funds concentrating on European markets were the best performing managers in developed regions, followed by North America and Asia, with returns of -0.12%, -0.81%, and -1.48%, respectively. Funds investing on a global basis lost -1.20% on average.

Emerging Market hedge funds showed mixed results in January, as funds investing in Europe were also the best performers. Funds trading in Eastern Europe and Russian markets advanced strongly in January as emerging market Europe funds on average gained +4.33%.

Latin American and South American funds were the worst performers due primarily to a steep drop in Brazilian equities in January. Asian emerging market funds closely followed, losing -2.72%, as fears of a slowing Chinese recovery impacted equity prices on the Hang Seng and Shanghai bourses.

Final Regional index results for January will be available late-February, once additional funds have submitted returns. Full performance table: Source

Greenwich Regional Hedge Fund Index Performance 

01/01/10
Emerging Markets
Composite -0.67%
Global -1.39%
Americas -3.27%
Asia -2.72%
Europe 4.33%
Developed Markets
Composite -0.93%
Global -1.20%
Americas -0.81%
Asia -1.48%
Europe -0.12%
- KM -

What do you think?

   Use "anonymous" as my name    |   Alert me via email on new comments   |   

Banner

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 - Oil wreaking havoc on small-cap energy stocks sliding 36%[more]

    From Bloomberg.com: Owning almost anything in the U.S. stock market has been a losing proposition since September. Owning smaller energy companies has been a catastrophe. Hercules Offshore Inc. and Resolute Energy Corp. are among 19 oil-and-gas equities in the Russell 2000 Index that lost more than

  2. Investing - Hedge funds favor equity long/short, Strategic bond managers hedge against further high yield sell-off[more]

    Hedge funds favor equity long/short From Securitieslendingtimes.com: Equity long/short strategies will generate good returns for hedge funds in the future, according to a panel at this year’s Risk Management Association Conference on Securities Lending in Naples, Florida. Panellists Sand

  3. Legal - Ex-hedge fund analyst weeps as judge hands down 5 year sentence, Former Columbus investment manager Steven P. Moore indicted on theft charges, SEBI confirms ban for Hong Kong hedge fund, SEC announces enforcement action against compliance officer[more]

    Ex-hedge fund analyst weeps as judge hands down 5 year sentence From Hereisthecity.com: An ex-hedge fund analyst was sentenced to 5 years in prison for his role in insider-trading scheme. The New York Post reports that former hedge fund analyst Matthew Teeple was sentenced Thursday to fiv

  4. Goldman in talks to acquire IndexIQ[more]

    From Bloomberg.com: Can Goldman Sachs put ETF investors on a liquid diet? Goldman is in talks to acquire IndexIQ, Reuters has reported. Index IQ is a small exchange-traded-fund firm known mostly for products that replicate hedge fund strategies, called "liquid alternative" ETFs. While IndexIQ has 11

  5. Other Voices: CALPERS dilemma should be a warning to hedge funds wanting institutional investors[more]

    From Ian Hamilton, founder of IDS Group. A quick comment on the CALPERS’ disinvestment from the hedge fund market and the jitters it is causing. Pension Funds should not be sheep and follow CALPERS’ decision as the issues that CALPERS has with hedge fund investments are in many ways unique t