Hedge Funds, FoFs Make Gains In May

Jun 16 2014 | 10:23am ET

Single-manager hedge funds added 1.25% in May while funds of funds added 1.38%, according to new data from Preqin.

Last month's gains put hedge funds up 2.50% year to date and funds of funds up 1.51%.

All strategies tracked by Preqin ended May in the black, led by activist funds, up 1.84% (3.36% YTD); followed by volatility funds, up 1.64% on the month (3.05% YTD); macro funds, up 1.51% (1.55% YTD); multi-strategy funds, up 1.29% (2.76% YTD); long/short funds, up 1.25% (2.10% YTD); relative value funds, up 1.15% (3.10% YTD); and event-driven funds, up 1.04% (4.37% YTD).

Systematic funds—up 2.08% in May, 2.75% YTD—outperformed discretionary funds which added 1.25% in May (but are up 2.94% YTD).

In regional terms, emerging markets, up 2.91% on the month (2.90% YTD) led developed markets, up 0.93% on the month (3.33% YTD).

European funds (up 1.42% in May) outperformed Asia-Pacific funds (up 1.02%) and North American Funds (up 0.75%). European funds also led in YTD terms, up 4.22%, followed by North American funds (up 3.75%) and Asia-Pacific funds (up 0.34%).

UCITS hedge funds were up 1.46% in May (1.90% YTD) and CTAs added 0.43% (0.54% YTD).


In Depth

Part II: Roubini Talks Risk, Recovery And The Threat Of A Triple Dip Recession

Oct 21 2014 | 12:41pm ET

In the second half of our interview with Nouriel Roubini, FINalternatives editor...

Lifestyle

Balyasny Pays Over $6M For Lakefront House

Oct 22 2014 | 10:29am ET

A venture headed by hedge fund manager Dmitry Balyasny just paid $6.2 million for...

Guest Contributor

Hedge Funds Weather A Data Management Perfect Storm

Oct 22 2014 | 12:28pm ET

From a regulatory standpoint, nearly every development since the crisis has placed...

 

Videos

Editor's Note

    Guidelines for Guest Articles

    Oct 22 2014 | 9:46am ET

    We are always looking for guest articles from hedge fund managers and buy-side firms.

    If you are interested in submitting a contributed piece for possible publication on FINalternatives, please take a look at the specs. Read more…

 

Futures Magazine

October 2014 Cover

Deeply flawed risk benchmark

Most traders agree that proper risk management is the key to successful trading. However, many traders depend on the deeply flawed measure of standard deviation as a benchmark of risk. Here we put it ...

The Alpha Pages

TAP July/August 2014 Cover

The Alpha Pages Interview: Senator Rand Paul

Senator Paul sat down in the debut series of the Alpha Pages Interview to discuss the broken tax code, regulation surrounding Bitcoin, and his plans for the 2016 Presidential election.