Global Macro Dives On Long Energy Positions
The first half of the year has seen a sharp divergence in returns between Event Driven and Global Macro strategies. These dynamics were also at play last week and so far this month, with Event-Driven extending gains and Macro funds underperforming. Interestingly, the the very same configuration occurred as of end-June 2016.
Hedge Fund Industry Returns Positive For 7th Month In A Row
With five months of 2017 in the books, the $3 trillion hedge fund industry continues to look mostly positive on the surface. The majority of products are producing positive returns, and the average positive return has outweighed the average loss, but returns based on recent allocation trends have likely left some investors disappointed. The theme of less than fortunate results for 2016/17 fund flows continued into May. Event driven funds, a segment which has lost significant investor capital in the last two years, are among 2017 industry performance leaders. Macro strategies, particularly the industry’s largest which have also recently been...
Lyxor Reports Mixed Fortunes For Hedge Funds In May
Hedge fund performance was mixed across strategies in May, according to the latest date released by Lyxor, with Event Driven funds extending their winning streak, while Macro strategies underperformed on the back of long positions on the USD and hard commodities.
Hedge Fund Performance Disparate In May, Says Lyxor
Hedge fund performance has been disparate across strategies in May, with event driven funds extending their winning streak (+0.7 per cent), fuelled by Merger Arbitrage which tends to perform well when bond yields fall, according to Lyxor.
Hedge Fund Capital At Record Level For Third Consecutive Quarter
Total hedge fund industry capital increased to a third consecutive quarterly record in the first quarter of 2017, as investors increased allocations to event driven and quantitative, trend-following systematic macro strategies. read more
Hedge Funds Maintain Performance Momentum In February, Says Preqin
The Preqin All-Strategies Hedge Fund benchmark recorded returns of 1.18 per cent in February, building on the 1.43 per cent gains seen the previous month. This contrasts with the losses that hedge funds incurred in February 2016. The industry has now recorded 11 months of positive gains in the past year, and 12-month performance has consequently risen to 13.63 per cent, the highest level since May 2013 (+13.76 per cent). Most leading hedge fund strategies returned positive figures in February, with event driven strategies (+1.46 per cent) and equity strategies (+1.54 per cent) funds once again posting the strongest gains.
Hedge Funds Up 1 Per Cent In February, Says Lyxor
The Lyxor Hedge Fund Index was up 1 per cent in February, with eight out of 10 Lyxor indices in positive territory. CTAs outperformed thanks to their substantial long positions on equities. Event driven were on the rise as M&A activity in the US remained robust.
Hedge Funds Up 1.35 Per Cent In January, Says BarclayHedge
Hedge funds were up 1.35 per cent in January, according to the Barclay Hedge Fund Index compiled by BarclayHedge, with all but two of Barclay’s 17 hedge fund indices gaining ground during the month. Emerging Markets got off to a fast start in 2017 with a 2.63 per cent gain, Technology was up 2.57 per cent, Healthcare and Biotechnology gained 2.22 per cent, the Event Driven Index added 2.08 per cent, and Distressed Securities were up 1.78 per cent.
Hedge Funds Started 2017 Up 0.87 Percent In January
Hedge funds started the year on a positive note, up 0.87% during the month of January. Meanwhile, underlying markets as represented by the MSCI AC World Index (Local) gained 1.49% over the same period. Among regional mandates, Latin American hedge fund managers topped the tables, gaining 3.73% while event driven managers posted the best returns, up 2.02% among strategic mandates. Financial markets were still hinged on the developments post-Trump inauguration with US equity markets trading higher at the start of January on the back of encouraging US macro data. The flow of economic data from major economies outside of the...
Hedge Funds Enter 2017 On Positive Note With 0.84 Gains
Among regional mandates, Latin American hedge fund managers topped the tables, gaining 3.47% while event driven managers posted the best returns, up 1.95% among strategic mandates. Financial markets ...