Sun, Aug 30, 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 - Hedge funds suddenly find real money is back in Argentina's debt, Elon Musk buys more SolarCity stock following hedge fund manager short, BlackRock plans to get into rental-home financing[more]

    Hedge funds suddenly find real money is back in Argentina's debt From Bloomberg.com: The real money is back in Argentina. Before the country’s default in July 2014 (its second in 13 years), most long-term investors abandoned its bond market. As they rushed out, Argentina became a favorit

  2. Activist News - Carl Icahn has snapped up a huge stake in Freeport-McMoRan, and the stock is ripping, Meet Europe's best activist investor[more]

    Carl Icahn has snapped up a huge stake in Freeport-McMoRan, and the stock is ripping From Businessinsider.com: Carl Icahn has picked his next target: Freeport-McMoRan. Icahn and a group of other investors have snapped up an 8.46% stake in mining company Freeport-McMoRan, according to a j

  3. North America - Hedge fund manager Ray Dalio’s challenge to the Fed[more]

    From Newyorker.com: For some reason, Janet Yellen, the chair of the Federal Reserve, decided to skip this year’s annual Fed conference in Jackson Hole, where monetary policymakers from the United States and abroad get together with some prominent academics to discuss the big issues of the moment. Th

  4. Opalesque Exclusive: Credit-focused hedge fund Numen Capital expects more volatility in Europe in coming months[more]

    Benedicte Gravrand, Opalesque Geneva: A London-based hedge fund, which has just hired two emerging managers, is cautious on Europe. Vassilis Paschopoulos and former Lehman’s colleague Nikos Kargadouris, launched a London-based credit-focused hedge fund called

  5. Performance - Hedge funds bruised by stocks’ meltdown, Capstone’s volatility hedge fund is having a monster month thanks to market mayhem[more]

    Hedge funds bruised by stocks’ meltdown From WSJ.com: Hedge-fund managers like to promise their investors protection from market swings. In the recent stock swoon, many were caught off guard. Billionaire managers such as Leon Cooperman, Raymond Dalio and Daniel Loeb are deeply in the red

 

banner