Sat, Oct 1, 2016
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
New Managers October 2012

Emanagers Indices: September 2012's performance of the Opalesque Emanagers indices

Emanagers Total Index up 0.1% in September (+4.33% YTD)

Emerging manager hedge funds and managed futures funds saw slight gains last month, according to a first estimation based on the data of 307 funds listed in Opalesque Solutions' Emanagers database.

The Emanagers Total Index advanced 0.1% in September, resulting in a 2012 performance of +4.33%. Estimates for August and July were corrected to +0.67% and +2.0%, respectively. Since inception in January 2009, the index posted compounded returns of 63.6%.

Over the last 12 months, emerging managers gained 6.73% in 6 negative and 6 positive months, compared to 4.93% for the Eurekahedge Hedge Fund Index. Global stocks, tracked by the MSCI World Index, gained almost 19% in the same period.

 

 

Last month was particularly challenging for managed futures strategies, while hedge funds were able to deliver strong returns once more: The Emanagers Hedge Fund Index gained 1.32% (+6.64% YTD), while the Emanagers CTA Index lost 1.46% (-0.58% YTD).

 

 

August's stock market rally continued last month as central banks took further steps towards monetary easing. As a result, directional and event-driven hedge fund strategies were September's winners:

* Equity long-bias hedge funds gained 3.66%, followed by equity L/S (+1.32%) and event-driven strategies (+1.17%). Relative value funds gained 1.14%, global macro and multi-strategy funds were up 0.34% and 0.32% respectively.

* Year-to-date, event-driven hedge funds performed best with compounded, average returns of 13.5%. 12-month rolling performance data gives MSCI-correlation coefficients of 91% for Emanager......................

To view our full article please login

This article was published in Opalesque's New Managers a top-down monthly analysis, news and research publication on the global emerging manager space.
New Managers
New Managers
New Managers

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. Opalesque Exclusive: BlackRock taps Artivest for alternative investment platform partnership[more]

    Bailey McCann, Opalesque New York: BlackRock will be working with New York-based Artivest to provide a platform for broader distribution of BlackRock alternatives funds. Artivest is a technology-driven alternative investment platform that also offers brokerage services. BlackRock has approximatel

  2. Eden Rock buys Gottex stake in ERG Asset Management[more]

    Matthias Knab, Opalesque: Eden Rock Group announced the purchase of Gottex’s stake in ERG Asset Management and so the firm is now wholly owned by Eden Rock. The two firms established the joint venture in 2011 to focus on providing cost effective solutions to funds holding illiquid investments, as

  3. "Hedge fund industry needs to shrink"[more]

    Komfie Manalo, Opalesque Asia: Writing for CNBC, Josh Brown, creator of The Reformed Broker blog and financial advisor for Ritholtz We

  4. Strategy - Voyager Management wants to invest in smaller hedge funds[more]

    From Valuewalk.com: Voyager Management, a $475 million fund of funds, is looking to downsize the hedge fund’s in which they invest, looking for smaller funds with assets under management that enable the fund to be nimble. The fund is looking for noncorrelation and will consider long / short equity

  5. Asia - Quant hedge funds are China's hot new export, Europe banks return to Korean brokerage market; target debt, alternative products[more]

    Quant hedge funds are China's hot new export From Bloomberg.com: Add China’s quant shops to the list of hedge funds branching out across Asian markets. Quantitative money managers from the world’s second-largest economy are opening offshore funds at a never-before-seen pace, according to