Greenwich: Hedge Funds Add 2.62% To Open Year

Feb 6 2013 | 2:20pm ET

Hedge funds returned about 2.62% last month, roughly half the gain managed by the Standard & Poor's 500 Index during 2013's first 31 days, the Greenwich Global Hedge Fund Index shows.

The latter benchmark rose 5.1% last month. None of the eight strategies tracked by Greenwich Alternative Investments managed such a return in January.

Long/short equity funds led the way last month with a 3.66% return, followed by long/short credit at 2.39%, multi-strategy at 2.23%, event-driven at 2.17% and macro at 2.08%. Futures funds added 1.83%, equity-market neutral funds 1.56% and arbitrage funds 1.16%.


In Depth

Q&A: Omni Macro Fund Bullish On India, Watching China

Mar 4 2015 | 3:35pm ET

Omni Macro Fund was formed in 2007 by Stephen Rosen, previously a prop trader at...

Lifestyle

Hedge Fund Manager Out as Minnesota Wild Minority Owner

Feb 25 2015 | 2:45pm ET

New York hedge fund manager Philip Falcone is no longer a minority owner of the...

Guest Contributor

Managing Diversification And Drawdowns In The “New Normal”

Mar 5 2015 | 2:42pm ET

In 2008-2009 diversification alone failed to provide adequate risk management for...

 

Editor's Note