Greenwich Index Fall 1.13% In November

Dec 10 2008 | 2:21am ET

Another day, another hedge fund index bleeding red ink: This time, it’s the Greenwich Global Hedge Fund Index, which fell for the fifth straight month in November, leaving it down an estimated 16.11% for the year.

Based on preliminary results from Greenwich Alternative Investments, hedge funds shed 1.13% last month. Long/short equity funds lost 2.55% (down 22.42% year-to-date), specialty strategies lost 2.03% (down 25.84% YTD) and market-neutral funds lost 1.27% (down 12.56% YTD), while directional trading funds manages a 2.34% gain (up 8.42% YTD).

“Although hedge funds declined during the month of November, they did a better job on average of protecting investor capital than in prior months,” Greenwich AI’s Margaret Gilbert said. “While we are seeing further dislocations in fund that trade in less liquid securities, the majority of hedge fund strategy groups seem to have stabilized.”

Investable hedge funds were down 2.05% in November.


In Depth

Q&A: Pantheon’s McCrary Says Private Equity Market ‘Robust’

Dec 17 2014 | 8:32am ET

Dennis McCrary is a partner at Pantheon, a private equity firm with $32.2 billion...

Lifestyle

Cohen Donates $1.5M To GOP Governors Association

Dec 10 2014 | 7:13am ET

The Republican Governors Association raised close to $25 million from October 1...

Guest Contributor

Q&A With Daniel Gallancy: Institutional Interest In Bitcoin Is Growing Steadily

Dec 12 2014 | 7:54am ET

Daniel Gallancy is founder and CEO of SolidX, a provider of total return swaps for...

 

Sponsored Content

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

December 2014 Cover

Futures 2014 person of the year

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.

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.