Greenwich: Hedge Funds Add 2.62% To Open Year

Feb 6 2013 | 3:20pm 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: Fund Administration Comes To The Cloud

Jul 14 2017 | 7:23pm ET

The fund administration sector has been steadily implementing new technology, such...

Lifestyle

CFA Institute To Add Computer Science To Exam Curriculum

May 24 2017 | 9:25pm ET

Starting in 2019, financial industry executives sitting for the coveted Chartered...

Guest Contributor

Rastegar: PE Real Estate Gains Momentum as Uncertainty Rises

Jul 21 2017 | 6:04pm ET

The steady march of equity markets and fundamental shift in the direction of Fed...

 

From the current issue of