Sun, Jul 5, 2015
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
New Managers January 2012

Emanagers Indices
December performance of Opalesque's very own indices of emerging managers' funds

Emanagers Total Index up 0.12% in December (-1.83% in 2011), emerging managers outperform fund universe again in 2011

Florian Guldner, Opalesque Research:

Opalesque Ltd., a leading provider of online information services to the alternative investment industry, reports the estimated December and year-end results for its series of indices tracking emerging hedge fund and managed futures fund managers. Index calculations are based on currently 295 funds listed in Opalesque Solutions' Emanagers database, the industry's only database dedicated exclusively to fund management firms less than 48 months old and with assets under management of less than $600 million at the time of the firm's inception.

According to a first estimation, The Emanagers Total Index, consisting of both hedge funds (65%) and managed futures funds (35%), gained 0.12% in December, finishing the year 2011 down 1.83%. Over the last three years, the index rose almost 57% with gains of 34.5% in 2009 and 18.7% in 2010.

While the Emanagers Hedge Fund Index lost 0.22% in December (-2.50% in 2011), managed futures funds tracked by the Emanagers CTA Index gained 1% (+0.23% in 2011).

Our data shows that emerging manager hedge funds and CTAs outperformed the broad fund universe every year since 2009.

Over the last 12 months, Emanagers hedge funds were more volatile than their peers tracked by the Eurekahedge Hedge Fund Index and experienced a slightly higher correlation with the stock market, resulting in a higher equity market beta of 48% compared to 28%.

Emanagers managed futures strategies had not on......................

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: New systematic strategy managed alongside research firm outperforms S&P500[more]

    Benedicte Gravrand, Opalesque Geneva for New Managers: An emerging CTA manager explains how he runs his strategy, which is based on an index produced by a research firm. Peter Turk is head of

  2. Opalesque Exclusive: New systematic strategy embraces machine learning[more]

    Benedicte Gravrand, Opalesque Geneva for New Managers: The founder of a New York-based systematic trading firm, which offers a hybrid between alpha strategies and alternative feta at lower fees, describes his approa

  3. Larry Robbins' hedge fund Glenview buys 1m Tenet Healthcare shares[more]

    Komfie Manalo, Opalesque Asia: Glenview Capital Management said it bought an additional 979,482 shares at Tenet Healthcare Corp valued at $53.80 million, raising its stakes in the healthcare services company to 15.16%, reported

  4. Legal - Grayson’s hedge funds under scrutiny for possible ethics violations, Court rejects hedge fund’s motion to block merger of Samsung affiliates[more]

    Grayson’s hedge funds under scrutiny for possible ethics violations From Freebeacon.com: Rep. Alan Grayson is finding himself in hot water over managing hedge funds that bear his name, actions that are in possible violation of House ethics rules. Sitting members of Congress are prohibite

  5. Hedge funds decline in June as stocks tumble on Greek woes[more]

    From Bloomberg.com: Hedge funds posted losses across strategies last month as uncertainty over whether Greece will remain in the euro sent global stock markets tumbling. Winton Capital Management declined about 3.1 percent in June in its $12.1 billion Winton Futures Fund, leaving it down 1.9 percent

 

banner