Emanagers Total Index up 1.66% in February (+3.64% YTD)
Opalesque Ltd., a leading provider of online information services to
the alternative investment industry, today announced the estimated
February 2012 and year-to-date results for its series of indices tracking
emerging hedge fund and managed futures fund managers. Index
calculations are based on currently 288 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.
The Emanagers Total Index, tracking both hedge funds and managed
futures funds, gained 1.66% in February, resulting in a compounded
2012 return of 3.64%. Since inception in January 2009, the index grew
over 62% and outperformed both the global stock market and its
hedge fund peers.
February performance was driven by hedge fund strategies, many of
which profited from the equity market rally in the first two months of
the year. As a result, the Total Index is close to recovering from the
losses experienced in the second half of 2011.
Over the last twelve months, it gained 0.70%, compared to a 1 percent
loss for the Eurekahedge Hedge Fund Index.
According to our first estimation, the Emanagers Hedge Fund Index
gained 2.34% in February and 5.63% in the year's first two months. On
the other hand, managed futures funds tracked by the Emanagers CTA
Index gained only 0.16% in February and have yet to recover from their
January loss (-0.64% YTD).
A comparison of all indices shows that emerging managers outperformed their established peers over......................
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This article was published in Opalesque's New Managers a top-down monthly analysis, news and research publication on the global emerging manager space.
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