Greenwich Index Ends Year Up 12%

Jan 15 2007 | 11:05am ET

The Greenwich Global Hedge Fund Index, formerly known as Greenwich-Van, posted another strong month to push its 2006 return to 12.07%, Greenwich Alternative Investments said. The index, which tracks over 1,000 funds, returned 1.49% in December, following November’s 2.04% jump.

Greenwich’s investable counterpart rode strong December returns to push its 2006 return into double-digits. The Greenwich Alternative Investable Hedge Fund Index added 1.78% in December to reach 10.76% on the year.

“That is extremely important as more and more investors realize it is hard to beat the ‘hedge fund market’ and look to allocate to ‘alternative beta,’” Greenwich general manager Ben Rossman said. “With an annualized return difference of less than one percent, the Investable Index has performed the way we intended it to, closely tracking both the return and risk profile of the Greenwich Global Hedge Fund Index.”

In Depth

Related-Company Fees: Normal Industry Practice or Conflicted Compensation?

Nov 11 2015 | 4:23pm ET

Regulatory agencies as well as investors are increasingly exploring whether certain...


Ferrari Roars in Wall Street Debut

Oct 21 2015 | 4:28pm ET

Shares of supercar maker Ferrari jumped as much as 15 percent to a high of nearly...

Guest Contributor

Private Debt - What is the Opportunity?

Nov 11 2015 | 3:28pm ET

In this contributed article, Rob Allard, founding partner of Firebreak Capital...


Editor's Note

    Oct 21 2015 | 10:41am ET

    One of the most unique charity benefits in the hedge fund industry, A Leg To Stand On's (ALTSO's) Hedge Fund Rocktoberfest - NYC, raised nearly $500,000 last Thursday thanks to the generous support of major sponsors and nearly 1,400 attendees from the Tri-State finance, business and hedge fund communities. Read more…