Mon, Oct 20, 2014
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Industry Updates

Credit Suisse/Tremont Hedge Fund index posts positive February returns, up 0.68% for the month (0.85% YTD)

Monday, March 15, 2010
Opalesque Industry Update - Final performance for the Credit Suisse/Tremont Hedge Fund Index (“Broad Index”) is confirmed up 0.68% in February

Oliver Schupp, President of Credit Suisse Index Co., Inc., said, “The Credit/Suisse Tremont Hedge Fund Index returned 0.68% in February with seven out of ten sectors posting positive performance for the month.

"Top performing sectors included Managed Futures (+1.81%), Long/Short Equity (+1.32%) and Global Macro (+1.10%). Managed Futures and Global Macro managers capitalized primarily on favorable fixed income and foreign exchange positions which included long exposures to short term interest rates and short exposures to the Euro and the Sterling. Long/Short Equity managers were able to recover some of their January losses as a result of net long holdings amid positive equity markets in February.

"On the other hand, Dedicated Short and Equity Market Neutral managers posted the weakest performance this month, down 3.20% and 1.35% respectively."

The Credit Suisse/Tremont Hedge Fund Index (“Broad Index”) is one of the industry’s premier asset-weighted hedge fund indices. Unlike equal-weighted indices, the Broad Index does not underweight top performers and overweight decliners in seeking to provide the most accurate representation of the hedge fund universe.

February, January and year-to-date returns are listed here: Source.


Bg

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. Opalesque Roundtable: Where are all the good ESG hedge funds?[more]

    Benedicte Gravrand, Opalesque Geneva: What are the benefits of sustainable investing? Many pension funds look to focus on that angle to reflect their company’s good governance, but face many challenges while doing that. A portfolio manager at Univest, a large Dutch pension fund, discusses this is

  2. Bill Gross gives his first investment outlook for Janus fund[more]

    Bill Gross strikes a gloomy tone in his first note to investors at his new gig at Janus Capital. Bill Gross, the renowned bond fund manger, struck a pessimistic chord in his first note to investors at his new gig at Janus Capital. His notes, usually full of silly commentary and upbeat advice, took a

  3. Investing - Big investors move to shore up Fannie, Freddie trade, Two hedge funds eye $1bn support to Sahara to secure Subrata Roy's release[more]

    Big investors move to shore up Fannie, Freddie trade From Forbes.com: Two of the nation’s most prominent investors who have been leading the charge to make a big score out of the shares of Fannie Mae and Freddie Mac moved on Friday to shore up shares of the mortgage giants that plunged r

  4. Opalesque Exclusive: What's next for trend followers?[more]

    Bailey McCann, Opalesque New York: New research out from Ibbotson touches on a key debate happening among investors and fund managers, specifically whether long term trend followers can survive in the new

  5. Swiss insurance investment manager opens office in insurance traders' Mecca; London[more]

    Benedicte Gravrand, Opalesque Geneva: Twelve Capital, a swiss manager focused on insurance related investments, was authorised by the UK's Financial Conduct Authority (FCA) as a MiFID investment firm on October 1st and opened its new London office. "In an effort to enhance its investment