•  
• Tweet
•  
•        Print
•  
•         Track Keywords
•  
• 

Komfie Manalo, Opalesque Geneva:

UCITS compliant hedge funds rose through mid-January with the HFRU Hedge Fund Composite Index gaining +0.43% through mid-January, data provider Hedge Fund Research reported. At the same time, the HFRU Equity Hedge Index posted a gain of +0.90% during the same period from gains in exposure to China, Brazil and Energy/Basic Materials which were partially offset by MENA and European strategies.

"Global financial markets gained through mid-January to begin 2017, discounting expectations for new policies from the Trump administration and PM May's policies regarding Brexit implementation," HFR said in its first mid-monthly report.

It added, "Global equity markets gained through mid-month led by biotechnology, technology and commodity sensitive, though broad based gains included most equity sectors. European equities were led by gains in Spain, UK and Germany, while Asian equities also gained. U.S. treasury yields fell, as bond prices partially recovered from the year end selloff, while the U.S. dollar pulled back against the British Pound Sterling on a combination of Trump strong dollar comments, as well as outlining to Brexit implementation policies by PM May. Metals commodities gained on the weaker dollar, led by platinum, copper and aluminum; agriculturals gained led by coffee, soybeans ad sugar, while energy commodities fell."

The HFRU Event Driven Index posted a gain of +0.46% through mid-January from gai......................

To view our full article Click here