Sat, Sep 25, 2021
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Alternative Market Briefing

Hedge funds maintain 9-month winning streak, up 1.10% in July (+4.5% YTD)

Monday, August 28, 2017

Komfie Manalo, Opalesque Asia:

Hedge funds maintained their nine-month winning streak that started in November last year, with the Greenwich Global Hedge Fund Index up +1.10% in July 1.10% (+4.5% YTD), Greenwich Alternative Investment said in its latest report.

The firm added that almost all Greenwich strategies were positive last month, taking advantage of strong markets despite continued global geopolitical tension. A strong start to earnings season helped equity-focused funds in particular. Several long-only equity benchmarks surged +2%, shrugging off an expected U.S. rate hike early in the month accompanied by indications from the Federal Open Market Committee that it intended to continue raising rates despite low inflation. Bonds, as represented by the Barclays Aggregate Bond Index, recovered from a selloff that started in late June to post a +0.43% return in July, it said.

Greenwich added that the long-short equity group took full advantage of last month's rally as performance was strong across all constituent long-biased strategies. Growth funds are nearing a +10% year-to-date return.

The Directional Trading Group experienced the most significant turnaround from the previous month, up +0.75% versus down -1.43% in June, while all Greenwich Regional Emerging Markets indices posted returns of +1.76% or more, their best collective p......................

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. PE/VC: Private equity continues to lead fund closings, Venture capital firms are fighting to throw money at cleantech[more]

    Private equity continues to lead fund closings From PIonline.com: Among private fund closings, private equity funds have led the pack starting in 2011, based on data collected by Pensions & Investments. During those years, private equity's share has ranged from 56% to 72% of the total

  2. PE/VC: Climate tech is hot, but VCs can't forget about water, Five top trusts to tap into the private equity boom[more]

    Climate tech is hot, but VCs can't forget about water From Crunch Base: "It is unequivocal that human influence has warmed the atmosphere, oceans, and land." These fiery words come from the latest landmark U.N. report detailing intensifying, universal climate change impacts. They cover

  3. New Launches: H.I.G. closes first European buyout fund at $2.4bn, Cheyne Capital raises another $1.18bn credit fund to invest in struggling European companies, Falfurrias Capital Partners raises $850m in oversubscribed fund, Alan Howard-backed 10T raises $750m for debut crypto fund, Crayhill Capital strikes $820m hard cap close for second credit-focused fundraise, Edmond de Rothschild's Eres IV eyes second close in H1 2022, Revaia closes Europe's largest female-founded VC fund, Octopus unveils UK Future Generations sustainable fund, TrueBridge Capital Partners closes seed & micro-VC fund I, at $170m, Federated Hermes launches low-carbon bond fund with Swedish partner[more]

    H.I.G. closes first European buyout fund at $2.4bn From PIonline.com: H.I.G. Capital closed its first European middle-market buyout fund, the H.I.G. Europe Middle Market LBO Fund, at €2 billion ($2.4 billion), a news release shows. The fund targets middle-market companies prim

  4. U.S.: Peter Thiel gamed Silicon Valley, Donald Trump, and democracy to make billions, tax-free[more]

    From Bloomberg: The meeting started with a thank-you. President-elect Donald Trump was planted at a long table on the 25th floor of his Manhattan tower. Trump sat dead center, per custom, and, also per custom, looked deeply satisfied with himself. He was joined by his usual coterie of lackeys

  5. Opalesque Exclusive: Female led team of veteran ESG investors to launch debut fund[more]

    Bailey McCann, Opalesque New York for New Managers: A female-led team of veteran ESG investors is preparing to launch a new fund early next year built on their ESG investing and advisory experience. Sustainable