Saturday, 31 January 2015
Last updated 1 day 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.
Jan 23 2015 | 1:00pm ET
In our new section, FINtech Focus, we will profile one of these firms each week. While fintech is a broad category, we will be focusing on firms that specifically cater to the alternative investment industry. Read more…