Fri, Jul 10, 2020
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Alternative Market Briefing

Asia ex-Japan hedge funds already up 12% in Q1

Monday, April 08, 2019

Laxman Pai, Opalesque Asia:

Asia ex-Japan hedge funds posted strong gains for both March and in the first quarter, performance data released Friday by Hedge Fund Research showed.

Asia ex-Japan Index added +4.3% in March and +12.0% for Q1 2019, the report said.

Aggregate hedge fund returns, led by Macro and CTA strategies, were strongly positive in the first quarter, in sharp contrast to the previous quarter, revealed the report.

The HFRI Fund Weighted Composite Index gained +1.0% for the month, bringing the 1Q19 performance to +5.9%. Risk Parity strategies surged in 1Q19 with the HFR Risk Parity Vol 15 Index advancing +14.9%, the strongest quarter since index inception.

Macro strategies led hedge fund performance in March as US interest rates fell, driving the HFRI Macro (Total) Index return to +2.1% for the month and bringing 1Q19 performance to +2.9%.

Systematic Diversified/CTA Index surges +3.6% for 1Q

Macro sub-strategies were led by the quantitative, trend-following HFRI Macro: Systematic Diversified/CTA Index, which surged +3.6% for 1Q, the strongest monthly gain in 14 months.

CTA gains were concentrated in fixed income exposures, as the US Federal Reserve indicated slowing of interest rate increases and interest rates fell throughout the month.

Similarly, trend-following risk premia strategies also advanced in March, as the HFR Bank Systematic Risk Premia (BSRP) Trend Following Index jumped +5.94%. The HFRI Macro: Multi......................

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. Coronavirus crisis: PE industry mulls more realism and longer holding periods[more]

    Laxman Pai, Opalesque Asia: More realism, longer holding periods and an advantage for investors with a long-term focus - these are the main changes that investment managers in the German private equity market expect as a result of the coronavirus crisis. The PE transaction activity is not exp

  2. Multi-strategy hedge funds post double-digit gains, Tiger Global, Coatue score double-digit fund gains in 2020, Lone Pine soars after losses earlier this year, Can Pershing Square's standout year continue?[more]

    Multi-strategy hedge funds post double-digit gains From FT: Large multi-strategy hedge funds have posted double-digit gains for the first half of the year, reversing losses from March, as markets defied the economic downturn brought on by the coronavirus pandemic. Citadel Advisors

  3. Tech: Pandemic boosts digitalisation across the fund industry, The India-China bust up and what it may mean for tech, Machine learning goes global[more]

    Pandemic boosts digitalisation across the fund industry From International Investment: The pandemic has certainly accelerated change and digitalisation in ways that we never imagined, including the funds industry in Luxembourg. Business Continuity Planning and Disaster Recovery Pl

  4. New Launches: Hedge fund Marshall Wace will bet on ESG stocks with new $1bn fund, Stafford Capital raises initial $532m for ninth timberland fund, Nalanda Cap eyes $800m fund, China's Unity Ventures hits first close on US dollar fund[more]

    Hedge fund Marshall Wace will bet on ESG stocks with new $1bn fund From Forbes: Hedge fund Marshall Wace plans to raise $1 billion for a new fund that will invest in stocks with strong environmental, sustainability and governance (ESG) ratings while betting against stocks with poor rating

  5. PPP: Troubled firm Marto Capital asked for PPP money - and got approved, records show, Fallen hedge fund's head among money managers getting PPP relief, Wall Street investors scored emergency government loans amid pandemic, The asset managers approved for PPP money[more]

    Troubled firm Marto Capital asked for PPP money - and got approved, records show From Institutional Investor: Marto Capital - a former wunderkind founded by an ex-Bridgewater Associates star - got approved for emergency funds from the U.S. government, records showed Monday. Katina Stef