Fri, Mar 29, 2024
A A A
Welcome Guest
Free Trial RSS pod
Get FREE trial access to our award winning publications
Alternative Market Briefing

Hedge funds almost flat in April with 0.11% gains

Wednesday, May 07, 2014

Komfie Manalo, Opalesque Asia:

The hedge fund space closed April almost flat with 0.11% gains (+1.08% YTD), according to the latest Greenwich Global Hedge Fund Index.

"Equity markets rallied in April with the MSCI World Index up 0.83%, led by the FTSE 100 which returned 2.75%. Bond markets as measured by the Barclays Aggregate Bond Index were up 0.84%. Positive March Retail Sales and Industrial Production reports in the US spurred a late month rally that had the S&P 500 ending the month of April up 0.74% after a difficult start to the month," Greenwich said in its April report.

It added that Long-Short Credit strategies were the best performing strategy for a second month up +0.46% in April and continuing their strong performance on the year (up +3.32% YTD).

Greenwich continued, "Futures funds also performed well in April returning +0.66% making them the second best performing strategy this month, a big improvement from worst performing last month. Equity Market Neutral funds did well in April up +0.42% bringing their YTD return to +1.36%."

A separate report by industry data tracker Hedge Funds Research said the HFRX Global Hedge Fund Index fell 0.73% last month (0.38% YTD) as the industry posted mixed performance during ......................

To view our full article Click here

Previous Opalesque Exclusives                                  
Previous Other Voices                                               
Access Alternative Market Briefing

 



  • Top Forwarded
  • Top Tracked
  • Top Searched
  1. KKR raises $6.4bn for the largest pan-Asia infrastructure fund[more]

    Laxman Pai, Opalesque Asia: The New York-based global investment firm KKR has raised a record $6.4bn for its second Asia-focused infrastructure fund, underlining investors' continued appetite for private markets. According to a media release from the alternative assets manager, the figure top

  2. Bucking the trend, top hedge fund makes plans for a second SPAC[more]

    From Institutional Investor: SPACs aren't dead. At least not to the folks at Cormorant Asset Management. The life sciences firm, whose hedge fund topped its peers in 2023, is confident it will match the success of its first blank-check company. Last week, the life sciences and biopharma speciali

  3. Benefit Street Partners closes fifth fund on $4.7 billion[more]

    Bailey McCann, Opalesque New York: Benefit Street Partners has closed its fifth flagship direct lending vehicle, BSP Debt Fund V, with $4.7 billion of investable capital across the strategy. Benefit Street invests primarily in privately originated, floating rate, senior secured loans. The fun

  4. 4 hedge fund themes that are working in 2024[more]

    From The Street: A poor earnings report from Tesla (TSLA) has not hurt the indexes on Thursday. The decline in Tesla stock, which is losing its position in the Magnificent Seven pantheon, is more than offset by strong earnings from IBM (IBM) and ServiceNow (NOW) . In addition, the much higher-t

  5. Opalesque Exclusive: A global macro fund eyes opportunities in bonds[more]

    Bailey McCann, Opalesque New York for New Managers: Munich-based ThirdYear Capital rebounded in 2023, following a tough year for global macro. The firm's flagship ART Global Macro strategy finished the year up 1