Sat, Aug 13, 2022
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Alternative Market Briefing Weekly

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

Saturday, October 12, 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 numbers; On the positive side, AlpenRoute Asset Management has gained 81% in its flagship fund since inception in July 2016 by investing in unlisted companies such as the firm behind K-pop boy band BTS; Chris Hohn's TCI Fund Management extended its already strong gains in the third quarter as the London hedge fund firm was up between 2 percent and 3 percent in the September period, boosting its gain for the year to 29.3 percent, according to an investor. Pershing Square Holdings was fl......................

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: ESG exuberance is at all-time highs. But will investors buy?[more]

    As investors increase their focus on mission-based investing, they continue to grapple with ESG and what it means to them. By David Shalom, Director of Capital Introductions at Pershing Innovation. New investment solutions. That's how managers deliver value and attract new inve

  2. Alts managers sitting on over $2.5tn+ of dry powder[more]

    Laxman Pai, Opalesque Asia: In the current rising interest rate environment, investment activity in the private markets has continued to grow, revealed a study. "With alts managers sitting on over $2.5T+ of dry powder and continuing to enjoy premium valuations and interest rates on a prec

  3. Opalesque Exclusive: Hong Kong manager expects additional tailwind in Asian markets[more]

    B. G., Opalesque Geneva: The Asia equity markets have not been at their best so far this year, with the MSCI Asia index down almost 13% YTD, but many managers remain buoyant about the region, as in

  4. Opalesque Exclusive: Emerging markets persist despite headwinds[more]

    Bailey McCann, Opalesque New York: Emerging markets have been under significant pressure since the start of the year, but there are some nascent trends that suggest that things could be getting better. Emerging markets firm Gramercy Fund Management recently released its third quarter outlook and

  5. Opalesque Exclusive: Castle Hall's DiligenceExchange free Transparency Reports cover 100 managers with $10tn of assets[more]

    Matthias Knab, Opalesque for New Managers: Managers and investors can get free access to DiligenceExchange here: https://bit.ly/DXCInfo Castle Hall, the Du