Wed, Nov 11, 2026
A A A
Welcome Guest
Free Trial RSS pod
Get FREE trial access to our award winning publications
Alternative Market Briefing

An early look at March`s HF returns denotes negative Q1, Comment: How to detect hedge funds that are tricking investors

Tuesday, April 01, 2008

Opalesque Exclusive: An early look at March`s HF returns denotes negative Q1 Benedicte Gravrand, Geneva: An early look at March`s HF returns reveals a colour we do not want to see; The HFRX indices tables are practically filled with red. The HFRX Global Hedge Fund Index returned -0.11% DTD, -2.51% MTD and -2.83% YTD – the other global indices having fared negatively as well except for the HFRX Equal Weighted Strategies Index which returned 0.02% DTD (but -1.7% MTD).

Most HFR Strategy indices fared negatively DTD, MTD and YTD, except for the HFRX Distressed Securities Index which returned 0.17% DTD (-1.22% MTD), the HFRX Equity Market Neutral Index at 0.83% DTD and 1.62% MTD and the HFRX Relative Value Arbitrage Index at 0.02% DTD (but -3.68% MTD).

All HFRX Global Currency Indices have fared negatively DTD, MTD and YTD. Tables: Source

The same goes for the Dow Jones Hedge Fund indices, especially with the MTD estimated returns. Out of 6 strategies, only one performed positively (MTD est.); the Equity Market Neutral index, which returned 0.04%. The worst performance comes from the Convertible Arbitrage index at -4.14%. Tables: Source

On a more positive note, the Eurekahedge Hedge Fund Index returned......................

To view our full article Click here

Previous Opalesque Exclusives                                  
Previous Other Voices                                               
Access Alternative Market Briefing

 



  • Top Forwarded
  • Top Tracked
  • Top Searched
  1. Opalesque Exclusive: DACH institutions push alternatives to 32.3% of portfolios as hedge funds make a comeback[more]

    Matthias Knab, Opalesque for New Managers: Institutional investors in Germany, Austria and Switzerland now hold almost a third of their portfolios in alternative investments, and they are more confident than ever in

  2. KRX chief courts CalPERS for bigger bet on Korea[more]

    Korea Exchange Chairman and CEO Jeong Eun-bo held talks with California Public Employees' Retirement System, or CalPERS, to promote greater investment in South Korea's capital markets, the bourse operator announced Wednesday. Jeong met with CalPERS Chief Investment Officer Stephen Gilmore.

  3. 755 Unicorns, $8 Trillion: Fifth Era maps the autonomous digital economy[more]

    Matthias Knab, Opalesque for New Managers: Fifth Era Partners, a specialized asset manager focused on the convergence of Internet, AI/Agentic and Blockchain technologies, has released the findings of its 13th Bia

  4. Opalesque Exclusive: "Enough beta plays" - how Fasanara builds an alpha-only multi-strategy platform[more]

    Matthias Knab, Opalesque for New Managers: Most multi-strategy funds promise diversification. Fewer can explain why their return streams should stay independent when markets turn. In an Opalesque SkillsLab investor

  5. Opalesque Exclusive: Governance, Scale, and Boutique Resilience in a Consolidating Hedge Fund Industry[more]

    Matthias Knab, Opalesque for New Managers: The hedge fund industry has undergone significant consolidation in recent years, with capital increasingly concentrated among large multi-strategy platforms. Yet boutique m