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

bfinance: Fees Falling Across Asset Classes, Yet Overall Investor Costs Still Climbing

May 16 2017 | 9:53pm ET

Despite unprecedented attention on fees, new research from investment consultancy...

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

Risk-Based Compliance: Why Oversight Of Outsourcing Is Critical

May 10 2017 | 7:02pm ET

Compliance is notoriously one of the trickiest middle office functions for funds...

 

From the current issue of