Tue, Jul 25, 2017
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Industry Updates

HFRU Hedge Fund Composite Index gains +0.82% through mid-January

Saturday, January 18, 2014
Opalesque Industry Update - UCITS compliant Hedge funds posted gains, with the HFRU Hedge Fund Composite Index gaining +0.82% through mid-January.

HFRU Equity Hedge Index posted a gain of +1.39% through mid-January, with positive contributions from Global Healthcare, European and MENA equities offset by declines in exposures to Brazil and China.

HFRU Event Driven Index posted a gain of +0.73% through mid-January, with contributions from European Equity Special Situations and Emerging Markets Fixed Income strategies, while Merger Arbitrage managers had mixed performance and Asian exposure experienced declines.

HFRU Macro Index posted a gain of +0.18% through mid-January, with performance from Commodity – Precious Metals and Systematic Fixed Income strategies, partially offset by declines in discretionary macro managers.

HFRU Relative Value Arbitrage Index posted a gain of +0.66% through mid-January, with gains in Global Convertible, Fixed Income and Real Estate strategies, offset by declines in Volatility managers.

Global financial markets posted mixed performance to begin 2014, as the expectations for continued US economic improvement remained robust, with both Gold and the US Dollar gaining to begin the year, despite the weak employment report. Global equity markets were also mixed, with European gains offsetting Asian and Emerging Market declines while US equities differed across sectors and market caps. European gains were led by strong gains in Italy and Spain, while Switzerland, Germany and the UK also posted gains; China led declines across Asia, with additional declines across Korea, Japan & Australia. US equities were led by Biotechnology, REITs, Healthcare and Commodity sensitive, which were partially offset by declines in Energy and Retail. The US Dollar gained against the British Pound Sterling and Euro to start the year, despite declining against the Japanese Yen. Yields declined across developed markets including the US, Canada, UK, Germany and Japan, with the US curve flattening on gains in long dated maturities, while high yield and investment grade credit tightened. Metals gained led by Gold, Platinum and Silver, while Oil and Energy Commodities declined. Sugar and Wheat led agricultural commodity declines, only partially offset by Cattle and Cocoa.

Press release

WWW.HFRU.EU

Comments reflect performance figures as of January 15, 2014.

The HFRU Indices are published on a daily basis and comprise the most comprehensive benchmarks of UCITS hedge fund performance available. HFRU Indices are representative of the complete universe of hedge funds compliant with UCITS guidelines, and include four strategy indices (Equity Hedge, Event Driven, Macro and Relative Value Arbitrage) and an aggregate HFRU Hedge Fund Composite Index.

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. FinTech - The machines are coming... Elon Musk's grim warning, Tezos' $232 million ICO may just be the beginning, A gentle introduction to Initial Coin Offerings (ICOs), Billion dollar tokens, ICOS & crazy market swings WTF is going on!?, How AI is changing the way we invest, How the tech revolution is bringing flip-flops and beanbags to Wall Street, A 'machine-learning' approach to venture capital[more]

    The machines are coming... Elon Musk's grim warning From Tenplay.com.au: Tesla chief Elon Musk has called on US Governors to take 'decisive' action to curtail "the greatest risk we face as a civilization": Artificial Intelligence, or AI. Speaking at a meeting of the National Governor Ass

  2. News Briefs – Sears inks $200 million credit line from CEO Eddie Lampert's hedge fund, shares jump 9%, Rwanda: Global hedge fund to increase investments[more]

    Sears inks $200 million credit line from CEO Eddie Lampert's hedge fund, shares jump 9% Sears Holdings has landed a fresh line of credit, valued at $200 million, from its CEO Eddie Lampert's hedge fund, the retailer said Monday. Sears' stock climbed about 9 percent higher Monda

  3. Despite current limits, robo-advisors will be preferred investment solution for retail, gain importance for affluent and high net worth[more]

    Matthias Knab, Opalesque: Flynt, a Swiss FinTech focusing on proprietary technology platform for private and institutional clients, has published a brief paper on "Investing in the world of robo-advice and passive instruments". As investors will become more reluctant to pay for investment advi

  4. Investing - Hedge fund CQS favors structured credit, Direct lending funds' fading all-weather appeal, Funds hunt for cracks in most-prized US shopping malls[more]

    Hedge fund CQS favors structured credit From BArrons.com: A hedge fund manager that can invest across the investment landscape says in his latest semi annual report this week that he's finding opportunities in structured credit -- particularly the shorter term, floating rate kind. Exampl

  5. Seward & Kissel launches new compliance service[more]

    Bailey McCann, Opalesque New York: The law firm that formed the first hedge fund - Seward & Kissel - has launched a new compliance service for asset managers. Seward & Kissel Regulatory Compliance, or SKRC, offers full-scale regulatory compliance consulting solutions provided by the firm's attor