•  
• Tweet
•  
•  
•        Print
•  
•        Email
•  
•         Track Keywords

Global Index Strategy Highlights:

• Central Bank announcements in the US and EU again led equity markets higher in September. On average, Long/Short Equity funds reported their best month since February (+2.02%), making them the best performing group in September. In a reversal of the previous two months' trend, Growth funds (+2.60%) outperformed both Value (+2.07%) and Opportunistic funds (+1.73%). Short-Biased funds reported another month of weak results (-4.61%), still poorly positioned to perform in this bullish environment.
• Event-Driven strategies reported another strong month (+1.45%). Distressed Securities managers performed particularly well, gaining +2.24%.
• Long-Short Credit managers continued their streak as the best performing strategy year to date. Their September return of +1.06% brings them to a YTD result of +8.59%. On a 3 year annualized basis, these funds also lead the pack, with an average return of +9.93%.
• Funds focused on Managed Futures reported another negative return in September (-0.82%) after returning disappointing results in August (-0.35%). Many managers struggled against declining commodity markets.
• Regionally, funds investing in Emerging Markets (+3.43%) strongly outperformed those investing in Developed Markets (+0.76%) on average in September. Despite declining equity markets in China, managers investing in Emerging Asia returned the strongest results on a regional basis, gaining +4.54%. In the developed markets, North American focused funds led the way, gaining +1.55% on average. They were closely followed by Developed Asian funds (+1.53%).

Full press release and performance table: Source

fg