Sun, Jun 24, 2018
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Industry Updates

Dow Jones Credit Suisse Hedge Fund Index up 0.24% for February, up 2.31% year to date

Wednesday, March 20, 2013
Opalesque Industry Update - The Dow Jones Credit Suisse Hedge Fund Index finished up 0.24% in February.

Key highlights include:

  • Hedge funds, as measured by the Dow Jones Credit Suisse Hedge Fund Index, finished February up 0.24%, with 6 out of 10 strategies in positive territory;
  • In total, the industry saw estimated inflows of approximately $3.4 billion in February, bringing overall assets under management for the industry to approximately $1.8 trillion;
  • The Fixed Income Arbitrage and Emerging Markets sectors experienced the largest asset inflows on a percentage basis, with inflows in February equal to 1.86% and 1.21% of the January 2013 levels, respectively;
  • Event Driven funds sustained overall positive performance in February, mainly led by long exposure to stressed/distressed credit positions, followed by mixed performance from special situation equities; and
  • Long/Short Equity funds produced positive returns in February on the back of continued strength across many equity markets. Managers benefitted from exposure to Consumer Staples and Industrials both in U.S. and Europe and also Telecom in the U.S.

Press release

bc

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. Paper: The performance of stocks actively pitched by hedge funds[more]

    Using a novel dataset drawn from investment conferences from 2008 to 2013, I show that hedge funds take advantage of the publicity of these conferences to strategically release their book information to drive market demand. Specifically, hedge funds sell pitched stocks after the conferences to ta

  2. North America - US fundraising for special purpose acquisition vehicles hits record this year[more]

    From AFR.com: Special purpose acquisition vehicles (spacs) are hitting the US market at the fastest rate on record, attracting the likes of Goldman Sachs and hedge fund investor Daniel Loeb for the two largest such deals in 2018. Spacs have raised $US4.5bn so far in 2018, the largest amount fo

  3. Investing - Man Group and AQR try to take aim at private equity industry, Hedge funds poised to be winners in AT&T-Time Warner deal[more]

    Man Group and AQR try to take aim at private equity industry From FT.com: The popularity of private equity investments has prompted asset managers such as Man Group and AQR to devise strategies that aim to replicate PE returns but at a much lower cost to investors. Both companies a

  4. News Briefs: David Stemerman's hedge fund holdings shrank before his run for governor, nvestment manager TSW triggers succession plan, Alan Howard joins Peter Thiel investing in Cologne-based fintech startup[more]

    David Stemerman's hedge fund holdings shrank before his run for governor But the U.S. holdings of Stemerman's Greenwich hedge fund, Conatus Capital, shrank from $2.6 billion at the apex to just over $1 billion before he announced his move into politics. (Hartford Courant) Inv

  5. British Empire: Pershing's 23% discount 'unsustainable'[more]

    From Citywire: The wide discount on Pershing Square Holdings (PSH) is 'unsustainable' and puts star hedge fund manager Bill Ackman under pressure, says British Empire (BTEM). Pershing is the third largest holding in the £850 million British Empire trust, managed by Joe Bauernfreund, which sp