Sat, Feb 28, 2015
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 +1.24% in April

Monday, May 17, 2010
Opalesque Industry Updates - Final performance for the Credit Suisse/Tremont Hedge Fund Index (“Broad Index”) is confirmed up 1.24% in April

Oliver Schupp, President of Credit Suisse Index Co., Inc., said, “The Credit/Suisse Tremont Hedge Fund Index returned 1.24% in April, with nine out of ten sectors posting positive performance for the month. Top performers included Managed Futures (+1.89%), Event Driven (+1.89%) and Global Macro (+1.65%).

Managed Futures delivered another month of positive performance with trend followers and high frequency managers generating profits despite some market reversals in April, as their volatility-breakout models were able to pick up the sudden downturn of the markets, as well as the reversals which followed. Moreover, gains in the Event Driven space were driven by managers’ long exposures to distressed debt and equity investments. Finally, Global Macro posted its best 2010 returns in April, as managers profited from strategic, theme-based trading and tactical opportunities provided by the month-end volatility.”

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 as it seeks to provide the most accurate representation of the hedge fund universe. Performance for the Broad Index and its ten sub-strategies is calculated monthly. April, March and year-to-date returns are listed below and are available at Source

kb

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. Investing - Seth Klarman of Baupost outlines his investment process as major stock market indices are stretched, Myriad hedge fund sold bulk of its Alibaba stake last year[more]

    Seth Klarman of Baupost outlines his investment process as major stock market indices are stretched From Valuewalk.com: As hedge fund manager Seth Klarman, leader of the $28 billion Baupost Group, reviews 2014 performance and considers investors gained near 7 percent on the year, he cons

  2. Adamas Asset Management and Ping An Insurance to co-manage $500m debt fund[more]

    Komfie Manalo, Opalesque Asia: Hong Kong-based Adamas Asset Management and Ping An Insurance Group, one of China’s largest financial institutions, have finalized a memorandum of und

  3. Opalesque Exclusive: dbSelect’s top ten FX strategies average almost 10% in January[more]

    Benedicte Gravrand, Opalesque Geneva: In one of Deutsche Asset & Wealth Management (AWM)’s hedge fund platforms, called dbSelect, a number of FX Strategies did very well in January. dbSelect is a managed investment platform for unf

  4. Opalesque Exclusive: SEC’s Mark J. Flannery warns hedge funds against valuation misconduct[more]

    Komfie Manalo, Opalesque Asia: Securities and Exchange Commission chief economist and director of Division of Economic and Risk Analysis (DERA) Mark J. Flannery has warned of the risks posed by market misconduct, particularly in the true valuation of assets by hedge fund managers. In his

  5. Dymon Asia's $3bn macro hedge fund lost 10.45% in January[more]

    From Reuters.com: Dymon Asia's $3.1 billion macro hedge fund lost 10.45 percent in January, performance data seen by Reuters showed, a month where many peers lost heavily after a surprise rise in the Swiss franc. Singapore-based Dymon, set up by Danny Yong, a former founding partner and chie