Fri, Jul 3, 2015
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Industry Updates

Insight into March performance of Dow Jones Credit Suisse hedge fund index

Thursday, April 18, 2013
Opalesque industry update – Some key findings from the March 2013 report, "Monthly Hedge Fund Market Commentary" include:
    • Hedge funds, as measured by the Dow Jones Credit Suisse Hedge Fund Index, finished March up 1.21%, with 9 out of 10 strategies in positive territory;
    • In total, the industry saw estimated outflows of approximately $1.78 billion in March, bringing overall assets under management for the industry to approximately $1.82 trillion;
    • The Fixed Income Arbitrage and Convertible Arbitrage sectors experienced the largest asset inflows on a percentage basis, with inflows in March equal to 1.48% and 1.04% of the February 2013 levels, respectively;
    • Event Driven funds sustained overall positive performance in March, in the backdrop of record high levels in US equity markets and continued price appreciation of corporate debt; and,
    • Long/Short Equity funds produced positive returns in March benefitting not only from the continued strength of equity markets, but also from managers’ stock-picking and portfolio management abilities. Managers benefitted from exposure to Healthcare and Consumer Staples both in U.S. and Europe.

    Press release

    Click here to view the full report: www.hedgeindex.com/hedgeindex/documents/March_2013%20Monthly%20Hedge%20Fund%20Commentary.pdf, which includes an overview of March hedge fund performance, in-depth commentary on individual hedge fund sectors and hedge fund return dispersion statistics for each strategy.

    Performance table: Source

    Bg

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. Opalesque Exclusive: New systematic strategy managed alongside research firm outperforms S&P500[more]

    Benedicte Gravrand, Opalesque Geneva for New Managers: An emerging CTA manager explains how he runs his strategy, which is based on an index produced by a research firm. Peter Turk is head of

  2. Opalesque Exclusive: New systematic strategy embraces machine learning[more]

    Benedicte Gravrand, Opalesque Geneva for New Managers: The founder of a New York-based systematic trading firm, which offers a hybrid between alpha strategies and alternative feta at lower fees, describes his approa

  3. Larry Robbins' hedge fund Glenview buys 1m Tenet Healthcare shares[more]

    Komfie Manalo, Opalesque Asia: Glenview Capital Management said it bought an additional 979,482 shares at Tenet Healthcare Corp valued at $53.80 million, raising its stakes in the healthcare services company to 15.16%, reported

  4. Legal - Grayson’s hedge funds under scrutiny for possible ethics violations, Court rejects hedge fund’s motion to block merger of Samsung affiliates[more]

    Grayson’s hedge funds under scrutiny for possible ethics violations From Freebeacon.com: Rep. Alan Grayson is finding himself in hot water over managing hedge funds that bear his name, actions that are in possible violation of House ethics rules. Sitting members of Congress are prohibite

  5. Hedge funds panic over Greece[more]

    Komfie Manalo, Opalesque Asia: Some investors are in panic mode as Greek Prime Minister Alexis Tsipras announced Sunday night that the banks and the stock market would be closed Monday, said

 

banner