Hedge Funds Drop 0.26% In May

Jun 5 2012 | 2:28pm ET

Hedge funds reported a median loss of 0.26% in May 2012, a month that looked a lot like September 2011, according to data from eVestment|HFN.

Equity and commodity market felt the effects of Europe’s sovereign crisis as investors moved to “safer” assets, resulting in U.S. Treasury yields falling and the dollar rising against all major currencies.

In this environment, macro and managed futures strategies and funds focused on currency markets appear to have been the best performers, up 1.65%, 3.25% and 0.94%, respectively. Credit funds (down 1.55%) have again outperformed equity-focused strategies (down 2.95%) and emerging markets exposure (down 3.58%) experienced higher losses than developed markets (down 1.05%). eVestment|HFN says larger funds also performed “noticeably better” across the strategy spectrum.

Through April 2012, investors directed most of their money into credit, macro and commodity strategies as well as more diversified multi-strategy funds while pulling it from long/short equity, event driven and emerging market strategies.

 


In Depth

Q&A: Brevan Howard’s Charlotte Valeur Talks Strategy

Sep 18 2014 | 11:18am ET

Charlotte Valeur chairs the board of Brevan Howard Credit Catalysts, an LSE listed...

Lifestyle

Griffin Donates $1M To Rauner's Illinois Gov. Campaign

Sep 22 2014 | 9:29am ET

Hedge fund billionaire Kenneth Griffin definitely has a dog in this fight. The Citadel...

Guest Contributor

Top 5 Predicted Outcomes Of CalPERS' Hedge Fund Divestment

Sep 22 2014 | 8:35am ET

CalPERS’ announcement to divest of hedge funds has created a significant buzz...

 

Videos

Editor's Note

    Get A Sneak Peak Of The Alpha Pages

    Aug 25 2014 | 11:21am ET

    As many of you know, FINalternatives was recently acquired by the owners of Futures magazine, a firm called The Alpha Pages LLC. Today marks the soft-launch of a new sister site for both publications. As its name suggests, The Alpha Pages will cover all types of alternative investments, going far beyond the more well-known ones such as hedge funds and private equity. Read more…

 

Futures Magazine

September 2014 Cover

The London Whale: Rogue risk management

Credit default swaps brought down the London Whale and cost JPMorgan $6.2 billion. Here is how it happened.

The Alpha Pages

TAP July/August 2014 Cover

The Alpha Pages Interview: Senator Rand Paul

Senator Paul sat down in the debut series of the Alpha Pages Interview to discuss the broken tax code, regulation surrounding Bitcoin, and his plans for the 2016 Presidential election.