Wed, Aug 10, 2022
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Alternative Market Briefing

Emerging manager hedge funds and CTAs gained 0.72% in April (+3.18% YTD)

Tuesday, May 21, 2013

Florian Guldner, Opalesque Research:

Emerging manager hedge funds and managed futures funds posted their sixth consecutive positive month in April, according to an estimation based on the data of 240 funds listed in Opalesque Solutions' Emanagers database.

The Emanagers Total Index was up 0.72% last month, resulting in a year-to-date performance of +3.18%. Since inception in January 2009, the index returned 69%, compared to 44% for the Eurekahedge Hedge Fund Index and 61% for the MSCI World Index.

Both hedge funds and CTAs were successful in April: The Emanagers Hedge Fund Index gained 0.79% (+4.41% YTD), while the Emanagers CTA Index was up 0.59% (+0.97% YTD).

While new hedge fund managers performed in line with their established peers, managed futures strategies traded by emerging managers failed to keep up with the industry's largest firms: The Eurekahedge Hedge Fund Index rose 0.82% (+3.79% YTD) and the Newedge CTA Index gained 1.45% (+4.36% YTD).

Long positions did well as the MSCI World index advanced 2.90% last month:

  • Global macro hedge funds delivered the best results last month with an average gain of 2.56%. Event-driven (+0.97%), equity long-bias (+0.63%) and relative value strategies (+0.23%) were profitable in April, while multi-strategy (-0.57%) and equity L/S funds (-0.13%) ......................

    To view our full article Click here

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. Other Voices: ESG exuberance is at all-time highs. But will investors buy?[more]

    As investors increase their focus on mission-based investing, they continue to grapple with ESG and what it means to them. By David Shalom, Director of Capital Introductions at Pershing Innovation. New investment solutions. That's how managers deliver value and attract new inve

  2. Alts managers sitting on over $2.5tn+ of dry powder[more]

    Laxman Pai, Opalesque Asia: In the current rising interest rate environment, investment activity in the private markets has continued to grow, revealed a study. "With alts managers sitting on over $2.5T+ of dry powder and continuing to enjoy premium valuations and interest rates on a prec

  3. Opalesque Exclusive: Hong Kong manager expects additional tailwind in Asian markets[more]

    B. G., Opalesque Geneva: The Asia equity markets have not been at their best so far this year, with the MSCI Asia index down almost 13% YTD, but many managers remain buoyant about the region, as in

  4. Opalesque Exclusive: Emerging markets persist despite headwinds[more]

    Bailey McCann, Opalesque New York: Emerging markets have been under significant pressure since the start of the year, but there are some nascent trends that suggest that things could be getting better. Emerging markets firm Gramercy Fund Management recently released its third quarter outlook and

  5. Opalesque Exclusive: Castle Hall's DiligenceExchange free Transparency Reports cover 100 managers with $10tn of assets[more]

    Matthias Knab, Opalesque for New Managers: Managers and investors can get free access to DiligenceExchange here: https://bit.ly/DXCInfo Castle Hall, the Du