Sun, Feb 28, 2021
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Alternative Market Briefing

CTA/Trend-following and Activist strategies lead broad-based hedge funds gains in June

Tuesday, July 09, 2019

Laxman Pai, Opalesque Asia:

The HFRI Fund Weighted Composite Index gained +2.6% for June 2019, the strongest month since January, increasing the Index Value to 14,408, a record level according to data released by HFR.

Hedge funds posted strong, broad-based gains in the month, with multiple and varied drivers of performance leading advances across a wide range of strategies.

The June gain recovers the decline from the prior month and brings 2019 performance to +7.6%.

The HFRI 500 Fund Weighted Composite Index, an investible index of 500 leading hedge funds, returned +1.9% for June. Liquid Alternatives also advanced in June, as the HFRI-I Liquid Alternative UCITS Index added +1.3% for the month, led by the HFRI-I Liquid Alternative UCITS Relative Value Index which returned +1.55%.

HFRI performance was led by Equity Hedge (EH) strategies, with the HFRI Equity Hedge (Total) Index gaining +3.2%, also the strongest month since January, bringing YTD 2019 performance to +9.4%. All EH sub-strategies advanced for the month, led by Quantitative, Growth and Technology exposures.

The HFRI EH: Quantitative Directional Index gained +3.9% for the month, while HFRI EH: Fundamental Growth Index advanced +3. % and HFRI EH: Technology Index jumped+4.0%.

HFRI Macro (Total) Index advances +2.5%

Macro strategies also posted strong returns in June, with the HFRI Macro (Total) Index advancing +2.5%, the strongest month since January 2018, with strong perf......................

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. Investing: Tribune Publishing agrees to $430m takeover by hedge fund, Jana Partners builds new stake in Labcorp, Tiger Global's Coleman doubled down on stake in Uber, added bets in Airbnb and DoorDash, Baupost Group takes a large stake in Intel[more]

    Tribune Publishing agrees to $430m takeover by hedge fund From Boston Globe: Tribune Publishing Co., the owner of the Chicago Tribune and New York Daily News, agreed to be acquired by Alden Global Capital LLC for about $430 million, putting a hedge fund known for firing journalists at

  2. PE/VC: Private capital funds to spend billions on tech & outsourcing, Why family offices are drawn toward venture capital, Megafunds continue to reign in VC[more]

    Private capital funds to spend billions on tech & outsourcing From Funds Europe: Private capital fund managers will spend several billion dollars so they can provide daily performance reporting and meet other transparency demands in the next five years, research suggests. Transparency

  3. PE/VC: VC fund investors not raising alarms over SPAC trend, Asian private equity investors focus on business transformation[more]

    VC fund investors not raising alarms over SPAC trend From Axios: Venture capital firms, formed to invest in startups, are increasingly becoming sponsors of SPACs, blank-check companies that bring later-stage businesses into the public markets. It's significant strategy creep, but so fa

  4. PE/VC: Private equity may face return of attention-getting SEC fines under Gensler, VC firms are launching SPACs, Blackstone's Perry says private equity must do more on diversity[more]

    Private equity may face return of attention-getting SEC fines under Gensler From WSJ: The largest U.S. financial regulator has turned its focus away from private equity in recent years, but new agency leadership could mean tougher enforcement and heavier fines for buyout firms, attorneys

  5. Opalesque Exclusive: London manager to launch absolute return options fund[more]

    B. G., Opalesque Geneva for New Managers: Carmika Partners LLP is a discretionary investment manager that specializes in quantitative volatility trading. Th