Tue, Jan 27, 2015
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
New Managers January 2013

Emanagers Indices - December 2012's performance of the Opalesque Emanagers indices

Emanagers Total Index up 1.37% in December (+5.27% in 2012)

Emerging manager hedge funds and managed futures funds performed well in the last month of 2012, according to a first estimation based on the data of 300 funds listed in Opalesque Solutions' Emanagers database.

The Emanagers Total Index gained 1.37% in December and 5.27% in 2012.  Estimates for November and October were corrected to +0.18% and -0.84%, respectively. Since inception in January 2009, the index posted compounded returns of 65%.

Emerging manager hedge funds posted excellent results last month, while managed futures strategies saw small losses: The Emanagers Hedge Fund Index gained 2.52% in December, bringing its 2012 result to 9.09%. The Emanagers CTA Index lost 0.3% and is down 2.12% for the year.

Emerging managers thus outperformed their established peers in 2012 (Eurekahedge Hedge Fund Index: +6.18%, Newedge CTA Index: -2.84%), but were unable to beat the global stock market, which gained over 13%, according to the MSCI World Index.

Stock markets continued their November rebound last month, and all hedge fund strategies (except for short sellers and CTAs) were able to profit in this environment:

  • Directional strategies saw significant gains, as long-bias equity funds rose 3.55% and long/short equity funds gained 2.16%. Global macro hedge funds were up 2.62%, followed by event-driven (+2.32%), multi-strategy (+1.46%) and relative value hedge funds (+0.59%).
  • For the year 2012, the ranking is led b......................

    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. Investing - U.S. investors favor currency hedged Europe ETFs as euro tumbles, Quants win back investors as Swiss franc fuels volatility gains, David Einhorn's $7bn hedge fund is loading up on this stock, Hedge fund BlueMountain Capital unveils Ocwen Financial short, claims default on notes[more]

    U.S. investors favor currency hedged Europe ETFs as euro tumbles From Reuters.com: U.S. investors stung by the falling euro who want to stay invested in Europe are turning to exchange-traded funds designed to strip out the impact of the region's currency. The biggest among so-called "cur

  2. News Briefs - Millennials use tech tools to jump into investing, Winklevoss twins to launch bitcoin exchange with FDIC insured deposits, Robertson’s legacy from hedge funds to New Zealand, Real estate managers exploring smaller open-end funds[more]

    Millennials use tech tools to jump into investing It is the Facebookification of monetary investing. From social networking platforms that enable young investors to stick to every other's stock-picking mojo, to internet sites for initially-timers hungry for a piece of the Silicon Valley

  3. Top performing private equity firms you should invest in[more]

    Komfie Manalo, Opalesque Asia: Professor Oliver Gottschalg of Paris-based HEC Business School, also known as Ecole des Hautes Etudes Commerciales de Paris has released his annual ranking of the top performing private equity firms. The 2014 HEC-DowJones Private Equity Performance Ranking

  4. Comment - Why invest in hedge funds if they don't outperform the market?[more]

    From Forbes.com: Hedge funds have always been a bit exotic and an enigma to some, but bottom line they are supposed to produce good returns using a range of strategies including global macro, event driven and relative value (arbitrage). And, sophisticated or high-net-worth individuals (HNWIs) could

  5. Owen Li 'truly sorry' for blowing up $100m of hedge fund’s assets[more]

    From CNBC.com: A hedge fund manager told clients he is "truly sorry" for losing virtually all their money. Owen Li, the founder of Canarsie Capital in New York, said Tuesday he had lost all but $200,000 of the firm's capital—down from the roughly $100 million it ran as of late March. "I take r