Wednesday, 30 July 2014
Last updated 4 hours ago
Oct 10 2007 | 1:21pm ET
The Greenwich Global Hedge Fund Index made a strong comeback in September, rising +2.97% after posting the year’s first negative return of -1.64% in August. The GGHFI year-to-date return of 9.5% trails the MSCI World Equity Index but remains ahead of the S&P 500 and FTSE 100 with returns of +10.11%, +9.13% and +3.96, respectively.
All four Strategy Groups posted their highest monthly return of the year. The Specialty Strategies Group continued to maintain its performance lead so far for the year, up 14.56% YTD, after returning a very strong +3.48% return in September.
The Long/Short Equity Group moved up +3.18% for the month and has now posted a double digit return of +10.43% YTD.
The Directional Trading Group made the biggest come back among the four Strategy Groups, in September returning 4.15% after being down -2.60% in August.
The Market Neutral Group also performed quite well, posting +1.59%, its best month since January 2006.
All 18 individual strategies tracked by the GGHFI, with the exception of short sellers, were positive in September. All are positive year-to-date.
Thus far, the September Index includes 1,032 funds. Final Index results will be posted in early November, once additional funds have submitted returns.
Jul 8 2014 | 10:48am ET
The surge in derivatives regulation is among the most complex challenges facing the financial services industry today. Northern Trust’s Joshua Satten recently spoke with FINalternatives to share insights into the challenges presented by new regulation and explore how the industry is responding. Read more…