Wed, Feb 19, 2020
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Alternative Market Briefing

Hedge funds post mixed results through mid-November as markets recover from Trump’s surprise victory

Friday, November 18, 2016

Komfie Manalo, Opalesque Asia:

Hedge funds posted mixed performance through mid-November with equity-focused strategies posting gains with the HFRX Market Directional Index gaining +1.40% (+7.53% YTD) and HFRX Global Hedge Fund Index up +0.26% for the period (+1.01% YTD).

"Gobal financial markets experienced a short-lived dislocation as Donald Trump won the U.S. Presidential election, surprising many observers, U.S. equities gained through mid-November and rates increased sharply in anticipation of infrastructure spending stimulus efforts and less onerous government regulation. U.S. equities surged through mid-month, led by small cap, banks and biotechnology sectors; Asian and European equities also gained led by China, Japan, Sweden and Switzerland," Hedge Fund Research said in its mid-November report.

It added that U.S. yields spiked on expectations for stronger U.S. economic growth under Trump, while European and Asian yields also rose with both German and Japanese yields now in positive territory. The U.S. dollar gained against most currencies through mid-month on the US election, with sharp increases against the Mexican peso and Brazilian peal, also posting gains against the Japanese yen and euro. Commodities posted declines led by natural gas, oil, gold, platinum and silver, which were only partially offset by a sharp gain in copper.

Other hedge f......................

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: Evolution of shrinking hedge fund fees - what do investors and managers need to know?[more]

    By Don Steinbrugge, Founder and CEO, Agecroft Partners ( Hedge funds fees remain under extreme pressure across the industry. This strong trend is driven by declining return expectations from investors, inc

  2. PE/VC: Venture debt: Is it a loan? Is it equity? Is it an pportunity?, PE, VC investments in India hit all-time high in 2019[more]

    Venture debt: Is it a loan? Is it equity? Is it an pportunity? From Forbes: Venture Capital is usually the default option for fast-growth startups looking for a cash injection, thanks to our willingness to take risks in return for equity, and with no need to pay anything back - at least

  3. PE/VC: No handshakes, no deals: Silicon Valley VCs hit pause on China, US private equity funds swoop on UK for cheap deals[more]

    No handshakes, no deals: Silicon Valley VCs hit pause on China From Nikkei: Venture capital companies in Silicon Valley are not taking any chances when it comes to the coronavirus outbreak. "Due to the Coronavirus, No Handshakes Please. Thank You," reads a sign on the office doors of An

  4. COVID-19: Investors track ships, chase rumours to get edge on COVID-19 risks, Coronavirus risk puts the bull run on pause, China was wise to let markets stumble[more]

    Investors track ships, chase rumours to get edge on COVID-19 risks From Reuters: As investors crunch numbers to determine how the coronavirus will hit China's economy, hedge fund manager Nathaniel Polachek has tied much of his outlook to the fate of a ship anchored near Weihai, China.

  5. Global pensions loading up on alternative investments says study[more]

    Laxman Pai, Opalesque Asia: Global pension funds remain committed to increasing their exposure to private equity, real estate, and other alternatives, says a study. A new report from Willis Towers Watson's Thinking Ahead Institute revealed that the shift to alternative assets continues apace