Tue, Oct 6, 2015
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


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. U.S. hedge funds prepare for worst finish this year since 2008[more]

    Komfie Manalo, Opalesque Asia: U.S.-focused hedge funds are preparing for their worst year since the 2008 global financial crisis, following a series of letdown including the market sell-off in August and the sell-off in healthcare and biotechnology sectors last month, reported

  2. Investing - AQR Capital and Renaissance Technologies raise stakes in Southwest Airlines[more]

    From Marketrealist.com: In the previous part of this series, we saw how institutional investors played Southwest Airlines (LUV) in 2Q15. Now let’s move on to the trades executed by key hedge funds in Southwest Airlines over the same period. … Most of the hedge funds that had significant exposu

  3. DoubleLine’s Jeffrey Gundlach warns of another round of market shakedown[more]

    Komfie Manalo, Opalesque Asia: DoubleLine Capital co-founder Jeffrey Gundlach is painting a bleak future as he warned that the U.S. equity market and other risk markets, such as high-yield "junk" bonds, are facing another round of selling pressure. Gundlach said in an interview with

  4. A hedge fund strategy that seems to have fizzled[more]

    From Gulfnews.com: The hedge fund strategy that has attracted the most money this year is on course to cause some of the biggest losses for investors, in the latest example of the dangers of going with the crowd. Institutions and individuals have piled an estimated $20 billion (Dh73 billion) into ma

  5. Hedge fund Barnegat survives September’s market selloff[more]

    Komfie Manalo, Opalesque Asia: Bob Treue’s $679 million Barnegat Fund proved resilient after another month of market letdown as the hedge fund gained 2.2% last month, bringing its year-to-date gains to 2.8%. Treue said in his monthly report to i