Wed, May 18, 2022
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Alternative Market Briefing

Hedge funds up 0.35% in Q1 while most equity markets post declines

Monday, April 09, 2018

Komfie Manalo, Opalesque Asia:

The volatile markets extended through March as hedge funds posted mixed returns with global equities falling on increased trade and tariff tensions between the U.S. and China, data provider Hedge Fund Research reported.

The HFRI Fund Weighed Composite Index fell 0.25% last month. For the first quarter 2018 (1Q18), the HFRI FWC advanced 0.35 %, topping the declines of the DJIA, S&P 500, and most European and Asian regional equity market indices.

"March and the first quarter of 2018 have already defined a significantly divergent financial market and hedge fund performance environment than prior years, with the shift and volatility punctuated by escalation of trade and tariff politics and economics," stated Kenneth J. Heinz, president of HFR.

Fixed income-based relative value arbitrage (RVA) was the only main strategy that produced positive returns during March, as equities and interest rates both declined, with the HFRI Relative Value (Total) Index posting a narrow gain of 0.02%. In the quarter, the HFRI RVA Index gained 0.84%, leading all HFR main strategy indices, while the HFRI RVA (Asset Weighted) Index jumped 1.43%, as larger credit multi-strategies posted stronger returns. RVA monthly and quarterly performance was led by the HFRI RV: Fixed Income-Asset Backed In......................

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. 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

  3. 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

  4. 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

  5. Other Voices: The selloff is overdone[more]

    Authored by Heeten Doshi, founder of Doshi Capital Management. Anyone who is still bearish and calling for more downside is foolish. The selloff is overdone. To point to further declines from here is poor risk management. With the Nasdaq 100 down 22% and S&P 500 down 13% for the year