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

Opalesque Roundup: Hedge funds less volatile than S&P 500 while posting comparable gains over the long term: hedge fund news, week 08

Saturday, February 23, 2019

In the week ending February 22nd 2019, a report said hedge funds have a lower volatility than the S&P 500 PR Index: 5.59% compared to 13.60%. Over the longer term, hedge funds have posted returns comparable with the S&P 500. The negative returns for the hedge fund industry as a whole in 2018 have masked an improvement in the overall environment for the asset class: while equity strategies funds did experience losses for the year, macro, credit and relative value strategies all made gains, albeit small gains.

Emerging Markets hedge funds, including China, Latin America and Russia-focused funds, surged to begin 2019, with the "risk on" sentiment representing a sharp contrast from late 2018 and reversing steep losses from 4Q. According to the newly released HFR Asian Hedge Fund Industry Report, the HFRI Emerging Markets (Total) Index advanced +4.7% in January, the strongest monthly gain since March 2016 and hedge funds started 2019 positively, with the Preqin All-Strategies Hedge Fund benchmark generating its highest return since September 2010 (+3.82%).

The Eurekahedge Hedge Fund Index was up 2.32% in January, as the risk-on sentiment returned to the market, propelling the MSCI AC World Index (Local) up 7.36% during January. However, managed futures stumbled out of the gate to start 2019, with the Barclay CTA Index, compiled by BarclayHedge, down 0.43% for the month; CTAs have......................

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 SPAC shareholder class action boom is coming, SPACs have a hidden risk that investors need to know about[more]

    The SPAC shareholder class action boom is coming From Reuters: I'm not the first to predict it, but the past few weeks have brought unmistakable signs that shareholder class action firms are homing in on Special Purpose Acquisition Companies, those so-called blank-check entities that g

  2. SPACs: Jeremy Grantham: "SPACs should be illegal", Spacs may fuel European IPO boom, SPAC IPOs surge, The SPAC pop is now a thing: More unicorns getting on board, Paysafe readies $9bn IPO Via SPAC[more]

    Jeremy Grantham: "SPACs should be illegal" Special-purpose acquisition companies (SPACs) should be illegal, according to Jeremy Grantham, as they escape regulatory oversight and encourage the "most obscene type of investing." Grantham is the co-founder and chief investment strategi

  3. News Briefs: What if data scientists had licenses like lawyers?, Next generation behind family offices' ESG push[more]

    What if data scientists had licenses like lawyers? From Bloomberg: Data scientists, if they're poorly qualified or act irresponsibly, can do at least as much damage as lawyers and doctors. The algorithms they create can ruin lives, aggravate social divisions, even facilitate genocide.

  4. SPACs: SPAC costs are 'far higher' than previously realized, study finds, Jim Cramer recommends profit taking in speculative electric SPAC names.[more]

    SPAC costs are 'far higher' than previously realized, study finds From Institutional Investor: The costs of going public via a special-purpose acquisition company are both "opaque and far higher" than previously recognized, new research shows. SPAC shares tend to drop by one third or

  5. Institutional Investors: Pensions swamped in a sea of negative real rates, Bahrain's pension fund authority faces collapse[more]

    Pensions swamped in a sea of negative real rates From FA Mag: Defined-benefit pension plans were already barely treading water heading into 2020. In the years ahead, the risk is as great as ever that a large swath of them will drown. As the name implies, defined-benefit pensions promis