Mon, Dec 5, 2022
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Alternative Market Briefing

Hedge fund indices post worst returns in October since 2011

Thursday, November 22, 2018

B.G., Opalesque Geneva:

Two months shy of the year-end, hedge funds have averaged poor performance after a period of volatility and equity market declines (except for Latin American hedge funds which did well in the wake of the Brazilian election). This is a time of opportunity for strategies that can gain in "turbulent circumstances."

According to Singapore-based data cruncher Eurekahedge, hedge funds were down -2.15% for the year so far, their weakest performance on record since 2008 when they declined -9.55% in the first 10 months. The Eurekahedge Hedge Fund Index declined -2.27% throughout October in what turned out to be the worst month for the global hedge fund industry since 2011.

Chicago-based indexation and research house HFR reported the HFRI Fund Weighted Composite Index® (FWC) had fallen by nearly 3% in October, bringing the year-to-date (YTD) return to -1.66%.

Research house Preqin says that the Preqin All-Strategies Hedge fund benchmark returned -2.35% in October, bringing the YTD figure down to -0.78%. October's figures are the lowest for hedge funds since January 2016. This has increased the challenge for fund managers to attract inflows, following net outflows for the industry in Q3 o......................

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: Marks delves into what really matters[more]

    B. G., Opalesque Geneva: Howard Marks, co-founder and co-chairman of Oaktree Capital Management, weighs what should and should not matter for investors in his latest memo last week. Among the things t

  2. Legal: British fund manager Jeremy Leach and his firms settle fraud litigation for $11.5m, DOL slams lawsuit seeking to overturn crypto guidance[more]

    British fund manager Jeremy Leach and his firms settle fraud litigation for $11.5m From Offshore Alert: Four days before a trial was due to start in the Cayman Islands, British fund manager Jeremy Leach and eight of his firms settled a fraud complaint by agreeing to pay $11.5 million o

  3. Family offices upbeat on private assets, reduce public assets exposure[more]

    Laxman Pai, Opalesque Asia: Family offices are investing more in private assets and cutting back on investments in public markets, with higher risk-adjusted returns cited as the main driver, said a study. According to the survey findings by German digital private equity firm Moonfare, and the

  4. Opalesque Exclusive: A Swiss managed futures strategy that can offer diversification to any portfolio[more]

    B. G., Opalesque Geneva for New Managers: TARO (R) Diversified is a Swiss algorithmic and systematic investment strategy that offers diversification benefits to almost any professionally managed portfolio through it

  5. Alts manager Medalist Partners acquires a minority stake in Semper Capital to tap opportunities in structured credit[more]

    Laxman Pai, Opalesque Asia: Medalist Partners, which specializes in private credit, has acquired a minority stake in Semper Capital to extend its offerings to the mass market. Medalist currently manages approximately $2.2 billion in assets across strategies in asset-based private credit, struc