Fri, Mar 29, 2024
A A A
Welcome Guest
Free Trial RSS pod
Get FREE trial access to our award winning publications
Industry Updates

Greenwich Global Hedge Fund Index ends January down -0.73%

Saturday, February 22, 2014
Opalesque Industry Update - The Greenwich Global Hedge Fund Index ended the month of January down -0.73%. The month saw different performance results for stocks versus bonds. Global equity markets dropped over doubts about the stability of some emerging market currencies but credit markets improved from a flight to quality. Equity markets as measured by the S&P500 were down -3.46%, the MSCI World, down -3.77% and the MSCI Emerging Markets Index, down -6.60% in January, 2014. Credit markets as measured by the Barclay Aggregate Index were up 1.48%.

Global Hedge Fund Index Strategy Highlights

- Short-Biased equity funds were the best performing strategy in January posting a gain of +3.04%.
- Credit funds showed positive returns with Fixed Income Arbitrage up 1.05%, followed by Convertible Arbitrage up .93% and Long/Short Credit up 29%.
- Long/Short equity funds suffered along with the equity markets with value oriented funds down -1.45% and growth down -1.22%.
- Futures funds were the worst performing strategy down -1.67% resulting from the rapid market trend changes in January.

Press release

www.greenwichai.com

Bg

What do you think?

   Use "anonymous" as my name    |   Alert me via email on new comments   |   
Previous Opalesque Exclusives                                  
Previous Other Voices                                               
Access Alternative Market Briefing

 



  • Top Forwarded
  • Top Tracked
  • Top Searched
  1. KKR raises $6.4bn for the largest pan-Asia infrastructure fund[more]

    Laxman Pai, Opalesque Asia: The New York-based global investment firm KKR has raised a record $6.4bn for its second Asia-focused infrastructure fund, underlining investors' continued appetite for private markets. According to a media release from the alternative assets manager, the figure top

  2. Bucking the trend, top hedge fund makes plans for a second SPAC[more]

    From Institutional Investor: SPACs aren't dead. At least not to the folks at Cormorant Asset Management. The life sciences firm, whose hedge fund topped its peers in 2023, is confident it will match the success of its first blank-check company. Last week, the life sciences and biopharma speciali

  3. Benefit Street Partners closes fifth fund on $4.7 billion[more]

    Bailey McCann, Opalesque New York: Benefit Street Partners has closed its fifth flagship direct lending vehicle, BSP Debt Fund V, with $4.7 billion of investable capital across the strategy. Benefit Street invests primarily in privately originated, floating rate, senior secured loans. The fun

  4. 4 hedge fund themes that are working in 2024[more]

    From The Street: A poor earnings report from Tesla (TSLA) has not hurt the indexes on Thursday. The decline in Tesla stock, which is losing its position in the Magnificent Seven pantheon, is more than offset by strong earnings from IBM (IBM) and ServiceNow (NOW) . In addition, the much higher-t

  5. Opalesque Exclusive: A global macro fund eyes opportunities in bonds[more]

    Bailey McCann, Opalesque New York for New Managers: Munich-based ThirdYear Capital rebounded in 2023, following a tough year for global macro. The firm's flagship ART Global Macro strategy finished the year up 1