Tue, Jan 27, 2015
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Industry Updates

HFRU Equity Hedge Index rose +1.31% in January

Tuesday, February 05, 2013
Opalesque Industry Update - Global financial markets posted strong gains in January to start 2013, as the resolution of the US fiscal cliff negotiations, optimism over the European sovereign debt crisis and a dynamic M&A environment provided catalysts for strong equity market gains globally. Regional gains were broad based across both developed and emerging markets, with European leadership from Switzerland, UK, Italy and Russia, while strong gains in Asia continued in China, Japan and Australia. Currency trading volumes soared on dramatic moves including strong gains in the Euro against both the US dollar and Swiss Franc, while the US dollar posted strong gains against both the British Pound Sterling and the Japanese Yen, the later in response to aggressive economic stimulus measures and inflation targeting by the Bank of Japan.

Government bond yields rose sharply across UK Gilts, German Bunds & US Treasury bonds, while yields declined in Italy and Spain on improved outlook; while commodity gains were led by Platinum, Oil, Cotton & Corn. UCITS compliant hedge funds posted the seventh gain in last eight months, with the HFRU Hedge Fund Composite Index gaining +0.83% in January.

  • HFRU Equity Hedge Index rose +1.31% in January with contributions from exposure to European, Emerging Asian and Japanese equity and Financials, which were only partially offset by statistical arbitrage strategies.
  • HFRU Relative Value Index gained +0.73% in January, with gains across Convertible Arbitrage, FI Pairs Trading and Real Estate Exposures, which were partially offset by mixed performance across Commodity and Emerging Markets Arbitrage exposure.
  • HFRU Macro Index gained of +0.43% in January, with contributions from Global and Currency Discretionary strategies, which were partially offset by Systematic short-CTA and Active Trading strategies.
  • HFRU Event Driven Index posted a modest gain of +0.03% in January, with contributions from exposure to European risk arbitrage and credit oriented exposures, which were partially offset by declines in global merger arbitrage strategies.

HFR in pleased to announce the launch of the HFRU family of indices, which join industry-standard HFRX and HFRI Indices. The HFRU Indices are published on a daily basis and comprise the most comprehensive benchmarks of UCITS hedge fund performance available. HFRU Indices are representative of the complete universe of hedge funds compliant with UCITS guidelines, and include four strategy indices (Equity Hedge, Event Driven, Macro and Relative Value Arbitrage) and an aggregate HFRU Hedge Fund Composite Index...Full performance table: Source
km

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 - U.S. investors favor currency hedged Europe ETFs as euro tumbles, Quants win back investors as Swiss franc fuels volatility gains, David Einhorn's $7bn hedge fund is loading up on this stock, Hedge fund BlueMountain Capital unveils Ocwen Financial short, claims default on notes[more]

    U.S. investors favor currency hedged Europe ETFs as euro tumbles From Reuters.com: U.S. investors stung by the falling euro who want to stay invested in Europe are turning to exchange-traded funds designed to strip out the impact of the region's currency. The biggest among so-called "cur

  2. News Briefs - Millennials use tech tools to jump into investing, Winklevoss twins to launch bitcoin exchange with FDIC insured deposits, Robertson’s legacy from hedge funds to New Zealand, Real estate managers exploring smaller open-end funds[more]

    Millennials use tech tools to jump into investing It is the Facebookification of monetary investing. From social networking platforms that enable young investors to stick to every other's stock-picking mojo, to internet sites for initially-timers hungry for a piece of the Silicon Valley

  3. Top performing private equity firms you should invest in[more]

    Komfie Manalo, Opalesque Asia: Professor Oliver Gottschalg of Paris-based HEC Business School, also known as Ecole des Hautes Etudes Commerciales de Paris has released his annual ranking of the top performing private equity firms. The 2014 HEC-DowJones Private Equity Performance Ranking

  4. Comment - Why invest in hedge funds if they don't outperform the market?[more]

    From Forbes.com: Hedge funds have always been a bit exotic and an enigma to some, but bottom line they are supposed to produce good returns using a range of strategies including global macro, event driven and relative value (arbitrage). And, sophisticated or high-net-worth individuals (HNWIs) could

  5. Owen Li 'truly sorry' for blowing up $100m of hedge fund’s assets[more]

    From CNBC.com: A hedge fund manager told clients he is "truly sorry" for losing virtually all their money. Owen Li, the founder of Canarsie Capital in New York, said Tuesday he had lost all but $200,000 of the firm's capital—down from the roughly $100 million it ran as of late March. "I take r