Saturday, 27 December 2014
Last updated 2 days ago
May 14 2013 | 8:59am ET
Japan-focused long/short equity hedge funds have been a good bet so far in 2013, according to Deutsche Bank research, gaining 16.90% year to date.
But all strategies across all regions tracked are in positive territory YTD, according to the DB Markets Prime Finance Monthly Hedge Fund Trends for May, with the median hedge fund up 4.08% through the end of April.
Global long/short equity funds turned in the best performance in the US, gaining 6.29% YTD, followed by distressed funds, up 5.92%; US long/short funds, up 5.01%; event-driven, up 4.85%; and credit funds, up 4.45%.
In Europe, CTA managed futures funds are leading YTD, up 5.27%; followed by European long/short, up 4.70%; global long/short, up 4.67%; and credit, up 3.37%.
In Asia, as mentioned, Japan-focused funds led followed by Pan-Asia long/short funds, up 7.62% YTD; Asia ex-Japan long/short, up 6.91%; macro, up 6.22%; multi-strategy, up 5.55%; and China long/short, up 5.49%.
Global dispersion of returns across all funds continues to remain high, with funds in the 75th percentile returning 2.53% while those in the 25th percentile lost 0.25%.
Dec 1 2014 | 10:21am ET
As 2014 winds down, Northern Trust Hedge Fund Services executives took some time to share their outlook on trends facing the industry in 2015. Read more…
Jeff Sprecher was simply looking for a platform to trade energies when launching ICE 14 years ago but it has grown to reach the pinnacle of both the listed futures and equities world.