Tue, May 17, 2022
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Alternative Market Briefing

CTAs leading hedge fund surge in early 2018

Tuesday, January 30, 2018

Komfie Manalo, Opalesque Asia:

Hedge funds are starting the 2018 with an extension of their winning streak as the Lyxor Hedge Fund Index was up 1.6% up to January 23 with CTAs outperforming. Models extended their gains, fostered by supportive trend following conditions in the equity and commodity spaces, Lyxor Asset Management said in its Weekly Briefing.

Their short stance on USD vs. DM and EM currencies also added to gains, Lyxor AM added.

"Persistent trends across asset classes continued to fuel CTA returns over the recent weeks," said Philippe Ferreira, Senior Strategist at Lyxor AM. "According to our data, CTAs have already turned short U.S. fixed income but remain substantially long on European bonds." The report said that the longest biased funds outperformed in the L/S equity space, in particular emerging market funds. Since the start of the year, managers added risk to their portfolios amid buoyant global economic conditions. Their cyclical tilt was also rewarding.

By contrast, market neutral funds lagged on the back of lingering low equity volatility. The other strategies were positive at the expectation of global macro funds, slightly down.

January on track to deliver highest monthly returns in a decade

Ferreira said that January is on track to see them delivering the highest monthly returns in a decade, according to several benchmarks of performance. Such exceptional performance results......................

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. Opalesque Exclusive: Long/short equity hedge fund with bear market experience has a winning quarter[more]

    B. G., Opalesque Geneva: Experience during a Russian bear market lasting five years enabled Christian Putz to identify certain investment patterns in the market which he now applies to his current investment strategy. London-based ARR Inv

  2. Schroders acquires European renewable infrastructure manager Greencoat Capital[more]

    Laxman Pai, Opalesque Asia: British multinational asset management company Schroders has completed the acquisition of a 75% shareholding in Greencoat Capital, one of Europe's largest investment managers dedicated to the high-growth renewable infrastructure market. The remaining 25% is owned by Gr

  3. Opalesque Exclusive: Global equity manager focuses on symbiotic value chains[more]

    B. G., Opalesque Geneva: A global equity manager has made a point of focusing on the phenomenon of shrinking supply chains and avoiding zero-sum business models. London-based Tollymore Investment Partners is a private partnersh

  4. Satori Capital intros energy transition fund, a long/short equity strategy[more]

    Laxman Pai, Opalesque Asia: Dallas-based alternatives manager founded on the principles of conscious capitalism, Satori Capital has launched Satori Environmental, a long/short equity strategy that primarily invests in securities impacted by the global energy sector's shift from fossil-based s

  5. The Big Picture: With the war, E, S, and G have collectively moved back to the fore[more]

    B. G., Opalesque Geneva: In this interview, Dr. Patrick Welton, founder and CIO of Welton Investment Partners, offers his observations on the major macro themes expected to affect the comm