Japanese Hedge Funds Add 15% YTD

May 8 2013 | 10:24am ET

Japanese hedge funds posted strong April and year-to-date returns, adding 4.22% and 15.87%, respectively, according to Eurekahedge.

The Eurekahedge Hedge Fund Index added 1.09% in April, riding upwardly trending markets, and 250 of the hedge funds tracked by the data provider have returned over 15.0% YTD.

Asia ex-Japan funds gained 2.37% on the month (6.13% YTD). All other regional funds covered by Eurekahedge gained under 1% on the month, with the exception of Eastern Europe and Russia funds, which shed 1.08% (and are down 1.64% YTD) and Latin American funds, which shed 0.02% (but are up 1.39% YTD).

Distressed debt funds continued their winning ways, adding 5.50% on the month to bring their YTD gains to 11.05%. CTA/managed futures funds added 1.89% in April, for YTD gains of 2.76% while macro funds added 1.42% on the month for YTD gains of 3.29%.

Multi-strategy funds gained 1.09% in April (3.35% YTD). Arbitrage funds and long/short equities funds both added 0.84% in April (5.50% and 3.67% YTD, respectively) while fixed-income strategies added 0.49% on the month (4.36% YTD) and event-driven funds added 0.47% (4.13% YTD).

Relative value funds were the only ones in the black in April, down 0.83%, but even they were up YTD, gaining 2.09%.


In Depth

Exotic Assets: Investing In Rare Violins

Jan 17 2017 | 4:43pm ET

By definition, alternative investments include exotic assets far beyond your typical...

Lifestyle

'Tis the Season: Wall Street Holiday Parties Back In Fashion

Dec 22 2016 | 9:23pm ET

Spending on Wall Street holiday parties has largely returned to pre-2008 levels...

Guest Contributor

The Trump Administration: What It Could Mean for Carried Interest

Jan 19 2017 | 5:25pm ET

The arrival of the Trump administration brings the potential for a repeal of the...

 

From the current issue of

Often seen as a passion project, or part of a philanthropic venture, rare and fine stringed instruments offer an exciting option to diversify one’s investment portfolio while providing an opportunity for an exceptional long-term investment.