Wed, Jun 19, 2013
A A A
Welcome Guest
Free Trial RSS
New! Family Office and Investor Database with 11,750 contacts
Industry Updates

Dow Jones Credit Suisse Hedge fund index down 0.18% in October

Tuesday, November 20, 2012
Opalesque Industry Update - Hedge funds, as measured by the Dow Jones Credit Suisse Hedge Fund Index, finished October down 0.18%, with 5 out of 10 strategies in positive territory;

  • In total, the industry saw estimated inflows of approximately $3.9 billion in October, bringing overall assets under management for the industry to approximately $1.75 trillion;
  • The Global Macro and Fixed Income Arbitrage sectors experienced the largest asset inflows on a percentage basis, with inflows in October equal to 1.63% and 0.78% of the September 2012 levels, respectively;
  • Event Driven funds generated positive performance in October, with contributors from diversified long positions to credit strategies, and returns from special situation equities, while risk arbitrage holdings were somewhat mixed to slightly negative; and
  • Long/Short Equity funds finished October in negative territory, though equity markets started the month positively. Positively contributing to performance was short Technology exposure, as well as net long exposure to Financials and large cap Banks.

Press release

bc

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