Fri, Sep 17, 2021
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Alternative Market Briefing

Hennessee Hedge Fund Index gains +3.75% in January 2019

Thursday, March 07, 2019

Laxman Pai, Opalesque Asia:

The Hennessee Hedge Fund Index gained +3.75% for the month of January 2019, said monthly hedge fund review from Hennessee group.

The top three strategies for the month were Latin America (+10.13%), Asia Pacific (+9.45%) and Healthcare and Biotech (+7.88%). While, the bottom three strategies for the month were High Yield (+0.55%), Macro (+0.56%) and Opportunistic (+0.59%). For the year, Latin America (+10.13%) leads all strategies while High Yield (+0.55%) brings up the rear.

The better performing sectors were Industrials (+11.36%), Energy (+11.02%) and Consumer Discretionary (+10.23%).

The underperforming sectors were Utilities (+3.37%), Healthcare (+4.66%) and Consumer Staples (+4.99%).

For the month, global equities showed a positive trend across different regions. The MSCI ACWI Index increased +7.80% (+7.80% YTD) and the MSCI EAFE Index increased +6.57% (+6.57% YTD). The MSCI Emerging Market Index increased +8.71% for the month (+8.71% YTD), while hedge fund managers outperformed the index,.

The Barclays Aggregate Bond Index increased +1.06% for the month (1.06% YTD) as interest rates decreased for the month. The Merrill Lynch High Yield Master II Index decreased -18.01% for the month, and high yield spreads decreased 96 basis points to end the month 437 basis points over treasuries.

Fixed income managers were positive for the month with the 10-Year U.S. Treasury ending the month at +2.63%, down 6 basis point from +2.69% 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. SPACs: The fall of the SPAC market has digital media companies in disagreement about best path forward, Cannae Holdings: SPAC bloodbath provides a good entry point, British car startup Cazoo raises $1bn from SPAC merger, Europe's incoming SPAC boom will create a demand for talent[more]

    The fall of the SPAC market has digital media companies in disagreement about best path forward From CNBC: The digital media industry has reached a strategic crossroads. Earlier this year, special purpose acquisition vehicles (SPACs) appeared to be the long-awaited savior of digital me

  2. Property: Real estate's new moneymaker is not design-driven, it's alternative, Two Sigma building quant tools to hunt real estate bargains[more]

    Real estate's new moneymaker is not design-driven, it's alternative From Forbes: There has been a recent shift of attention in the real estate market as to the types of investments which make the strongest returns. In the past, it's always been a combination of good design, prim

  3. PE/VC: Private equity GPs, LPs alike working on diversity and inclusion, Chinese regulator vows to crack down on private equity, venture capital funds, The VC playbook for portfolio companies: learning from the Covid-19 crisis[more]

    Private equity GPs, LPs alike working on diversity and inclusion From PIonline.com: Private equity general partners and limited partners are doing more to increase diversity in private markets, according to a report released Tuesday by the Institutional Limited Partners Association.

  4. 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

  5. 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