Wed, May 25, 2016
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Industry Updates

Greenwich Global Hedge Fund Index up 0.97% (est.) in April (+4.54% YTD)

Monday, May 06, 2013
Opalesque Industry Update - Hedge funds continued to improve through April 2013, adding +0.97% during the month on average, and bringing the Greenwich Global Hedge Fund Index YTD performance up to +4.54%. All primary strategies reported gains for April.

Macro managers are the top performers for April according to initial results, adding an average +2.68% during the month

Event Driven managers added an average +1.91% in April, and are now up 6.10% YTD. This strategy has now surpassed Long-Short Equity as the leading strategy for 2013.

Long-Short Equity struggled the most during April, adding a modest 0.17% on average. Individual results were mixed and highly dispersed, with 58% of managers reporting gains. Many managers may have reduced exposure in anticipation of the annual May 1 sell off and going into the quieter summer trading period.

Greenwich Hedge Fund Index Performance at a Glance

 

Total Return

 

 

 

Apr13

Mar13

YTD

3Mo

1Year

 

 

 

 

 

Greenwich Global Hedge Fund Index

0.97%

0.87%

4.54%

2.06%

6.83%

 

 

 

 

Equity Market Neutral

0.78%

0.45%

3.02%

1.94%

3.94%

 

 

 

 

Event-Driven

1.91%

1.28%

6.10%

3.42%

11.28%

 

 

 

 

Arbitrage

1.04%

1.15%

4.20%

2.84%

9.45%

 

 

 

 

Long/Short Equity

0.17%

1.04%

5.37%

1.78%

7.58%

 

 

 

 

Futures

1.81%

0.52%

2.54%

1.39%

0.20%

 

 

 

 

Macro

2.68%

0.72%

5.36%

3.42%

7.87%

 

 

 

 

Long/Short Credit

1.42%

0.42%

3.58%

2.06%

11.14%

 

 

 

 

Multi-Strategy

1.08%

0.71%

3.94%

2.09%

6.25%

 

 

 

 

 

Barclays Aggregate Bond Index

1.01%

0.08%

0.89%

1.60%

3.68%

 

 

 

 

S&P 500

1.93%

3.75%

12.74%

7.18%

16.89%

 

 

 

 

MSCI World Equity Index

2.90%

2.09%

10.28%

5.03%

14.08%

 

 

 

 

FTSE 100

0.29%

0.80%

9.03%

2.44%

12.07%

 

 

 

 

* The table contains initial estimates. Firm estimates for all indices will be published mid-month. The GGHFI current month return will be finalized on the third business day of June.

Greenwich Alternative Investments, LLC (and its affiliates) manages one of the world’s largest hedge fund databases and is among the oldest providers of hedge fund indices, asset management services, and research to institutional investors worldwide. www.greenwichai.com

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. Paul Tudor’s hedge fund trims fee amidst poor performance, keep investors[more]

    Komfie Manalo, Opalesque Asia: Paul Tudor’s $11.6bn hedge fund firm Tudor Investment Corp. announced on Monday it would slash down fees of one of its biggest fund to 2.25% of assets and 25% of profits amidst backlash arising from poor performa

  2. West Virginia objects to Alpha Natural sale to hedge fund[more]

    From AP/Heraldcourier.com: West Virginia's environmental authority has filed an objection to the proposed $500 million sale of Alpha Natural Resources' assets to a hedge fund, arguing that the deal could leave the state holding hundreds of millions in reclamation liabilities. The Register-Hera

  3. Mitch Petrick leaves Carlyle as his hedge fund unit suffers losses while assets expand[more]

    Komfie Manalo, Opalesque Asia: Mitch Petrick will be leaving Carlyle Group as head of its hedge funds unit overseeing about $34bn as of March 31, after several funds under his management suffered losses while assets expanded, various media reported. Petrick joined Carlyle in 2010 and was a former

  4. Institutions - Kentucky pension leans into hedge funds amid governance turmoil, Korea's NPS names finalists for initial $1 billion hedge fund-of-funds allocation[more]

    Kentucky pension leans into hedge funds amid governance turmoil From AI-CIO.com: The Kentucky Retirement Systems moved to increase its hedge fund allocation as controversy reigned over fund leadership. Following a string of high-profile hedge fund exits, the Kentucky Retirement Systems (

  5. Fund Profile - The hedge fund that couldn't stay open long enough for a big payday[more]

    From Bloomberg.com: Toby Dodson waited six months for his bet against a fragile Portuguese bank to pay off. But before the reckoning, word came down from his hedge fund bosses at Achievement Asset Management in Chicago: get ready to clear out your desk and unwind your trades, we’re shutting down. Th