Fri, Feb 28, 2020
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Alternative Market Briefing

Opalesque Roundup: Gaining just just 4.9% YTD, hedge funds record best performance in this span since 2013: hedge fund news, week 38

Monday, October 14, 2019

In the week ending October 11th 2019, Hedge Fund Research said that hedge funds gained 4.9% on average in the first three quarters of 2019, the best performance in this span since 2013.

In September, hedge funds posted mixed performance as quantitative, trend-following CTAs declined, reversing August gains, on rising U.S. interest rates, while equity markets traded in a wide intra-month range, said HFR.

Meanwhile, the Eurekahedge Hedge Fund Index lost 0.32% in September dragging year-to-date return to 5.67% despite the recovering investor risk sentiment, which pushed the global equity market up 2.04% over the month. eVestment's numbers on aggregate hedge fund industry performance also slipped into the red again in September (-0.11%).

Further in performance news, prominent hedge funds lost money in September, a swift comedown after a relatively strong run for the industry at large. Several technology-focused funds were among those hit hard. Tiger Global Management LLC, a hedge fund founded by billionaire Charles "Chase" Coleman, lost 7.4% last month, said people familiar with the ......................

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. Other Voices: Are all ESG Indexes as green as you want them to be?[more]

    From Beyond Investing: When Laurence Fink, chief executive of BlackRock, with nearly US$7 trillion under management, vows to put sustainability at the core of the firm's new investment approach, markets and investors sit up and liste

  2. Legal: Philip Falcone sued over alleged $65.8m default, Warhol painting[more]

    From Bloomberg: Former Harbinger Capital hedge fund manager Philip Falcone was accused in a New York lawsuit of defaulting on $65.8 million in loans and violating the terms of lending agreements by selling two paintings used as collateral, including one by Andy Warhol. Melody Business Finance LL

  3. U.S.: Second round of layoffs to hit TIAA's shuttered OCIO business this week, Capital buffers edged lower at systemic US banks in 2019[more]

    Second round of layoffs to hit TIAA's shuttered OCIO business this week From Institutional Investor: A second round of layoffs in TIAA's outsourced chief investment officer business is slated to take place this week, according to one former staffer. TIAA announced in November that it wa

  4. US-based micro venture capital funds raise a record amount of capital in 2019[more]

    Laxman Pai, Opalesque Asia: US-based micro venture capital funds (sized at $100mn or less) had another record-breaking year in 2019, said a report. Managers of micro funds surpassed the $8.3bn raised in 2018 with $8.4bn secured through 282 fund closures, according to the report by Preqin and t

  5. Tech: Privacy study: Brave browser smacks down Chrome, Firefox & Safari, How AI can bring new insight to private equity deals[more]

    Privacy study: Brave browser smacks down Chrome, Firefox & Safari From Coin Telegraph: A privacy expert who compared some of the most popular browsers on the market reached an unambiguous conclusion: Brave trumps competition. Trinity College Dublin's chair of computer systems, Dr. D