Thu, Apr 27, 2017
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. Alternative asset firm YieldStreet surpasses $100m of loans funded in less than 8 quarters[more]

    Komfie Manalo, Opalesque Asia: Alternative asset investment platform YieldStreet reported that it has surpassed $100m in loans funded in less than eight quarters from accredited investors and single family offices. YieldStreet was founded by Milind Mehere and Michael Weisz. In a

  2. Investing - Investor appetite for high-growth IPOs to be tested, Apollo boosts fund's stock allowance for 'diamonds in the rough', Hedge funds uncertain over outlook for Hargreaves Lansdown[more]

    Investor appetite for high-growth IPOs to be tested From FT.com: The US listings market is poised for a busy week with deals that will test investors' appetite for high-growth - but lossmaking - companies. Eight new listings are scheduled for this week, the most since October of 2016,

  3. Hedge funds holding Puerto Rico bonds are looking at a long battle[more]

    Komfie Manalo, Opalesque Asia: Hedge funds which bought Puerto Rico's distressed debt bonds are facing the prospect of a long road ahead to recover their investments as the Caribbean island is attempting to use a U.S. Congress-approved rule that allows it to exploit a bankruptcy-like proceedings

  4. Other Voices: "Winner-take-all" dynamics and hedge fund investing[more]

    A growing stream of thinking in microeconomics is the concept of "winner-take-all" dynamics. The idea seems simple. A combination of networking economics and classic economies of scale creates situations where there are just a few dominant firms or economic agents who are able to capture significant

  5. Investing - How Chipotle's comeback attracted big data robots and value investors alike[more]

    From Forbes.com: When William Ackman's ailing hedge fund Pershing Square Capital Management bet $1 billion on shares in Chipotle Mexican Grill beginning in July 2016, the stakes couldn't have been higher. Pershing Square was reeling from what would eventually be a near $4 billion loss in drugmaker V