Sat, Sep 18, 2021
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Alternative Market Briefing

Hedge funds up 1.82% in June, continuing positive performance

Wednesday, July 10, 2019

Laxman Pai, Opalesque Asia:

Hedge funds continued their positive performance in 2019 with the Eurekahedge Hedge Fund Index gaining 1.82% in June, supported by the strong equity market performance on the back of optimism over the progress of US-China trade talk.

Despite mixed economic data during the month, trade optimism and dovish central bank posturing saw the MSCI ACWI (Local) post gains of 5.41%.

Returns were positive across geographic mandates in June, with North American fund managers gaining 2.11% and Asia ex-Japan fund managers up 2.18%.

Fund managers utilising equity long-bias strategies gained 3.06% throughout the month, bringing their year-to-date return to 10.56%.

Roughly 77.7% of the underlying constituents in the Eurekahedge Hedge Fund Index posted positive returns in June, and 24.4% of hedge fund managers in the database managed to maintain double-digit returns over the first half of 2019.

Key highlights for the month of June 2019:

Hedge fund managers gained 1.82% in June, bringing their year-to-date return to 5.81% as global equity markets edged higher following the improving global trade outlook during the month.

The MSCI ACWI (Local) was up 5.41% in June and 14.39% over the first half of the year.

On an asset-weighted basis, hedge funds were up 1.94% in June, as captured by the Mizuho Eurekahedge Hedge Fund Index (USD). The index was up 4.08% year-to-date.

The Eurekahedge North American Hedge Fund Ind......................

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