Shopping Cart -

Your cart is currently empty.
Upgrade to today
for only an extra Cxx.xx

You get:

plus This issue of xxxxxxxxxxx.
plus Instant access to the latest issue of 310+ of our top selling titles.
plus Unlimited access to 27000+ back issues
plus No contract or commitment. If you decide that PocketmagsPlus is not for you, you can cancel your monthly subscription online at any time. Auto-renews at €10,99 per month, unless cancelled.
Upgrade Now for €10,99 Learn more
This website use cookies and similar technologies to improve the site and to provide customised content and advertising. By using this site, you agree to this use. To learn more, including how to change your cookie settings, please view our Cookie Policy
Pocketmags Digital Magazines
Pocketmags Digital Magazines
   You are currently viewing the Italy version of the site.
Would you like to switch to your local site?
Leggi ovunque Read anywhere
Modalità di pagamento Pocketmags Payment Types
Trusted site
A Pocketmags si ottiene
Fatturazione sicura
Ultime offerte
Web & App Reader
Loyalty Points

The month’s key industry stories

Eurekahedge: 4th month of losses for HFs

Hedge funds posted their fourth consecutive month of losses with Eurekahedge Hedge Fund Index down 0.54% in September while the MSCI World Index lost 3.60% during the month. On a year-to-date basis, hedge funds are up 0.67% and have outperformed underlying markets by 6.01%, as represented by the MSCI World Index.

Soft PMI data from China and the Fed’s vacillation over its long over-due rate hike added to the risk-off sentiment in the market with global equity markets continuing their slide. Weaknesses in emerging markets along with a looming commodity induced deflationary environment will continue to be a source of worry for developed market central banks which have limited room to manoeuvre given the low interest rate environment.

Key takeaways for the month of September 2015:

• On a year-to-date basis, hedge funds are up 0.67%, which compares with a gain of 3.85% seen over the same period last year. 42% of the hedge funds reporting to Eurekahedge have posted negative year-to-date returns, almost 13% higher compared to the same period last year.

• Among developed market investment mandates, Japanese and European managers lead with year-to-date gains of 3.19% and 3.14% respectively, while North American hedge funds are down 1.21%.

• The CBOE Eurekahedge Relative Value Volatility Hedge Fund Index was the best performing strategic mandate in September 2015 and on a year-to-date basis, up 2.19% and 5.00% respectively.

• Greater China investing hedge funds were up 1.29% in September and have preserved their gains from early-2015 with gains of 4.44% year-to-date, outperforming the CSI 300 Index by almost 14%.

• Distressed debt hedge fund strategies posted their fifth consecutive month of negative returns, down 1.59% in September. On a year-to-date basis, distressed debt funds have posted the worst return among all hedge fund strategic mandates, down 3.94% and are on track to post their worst performance since 2008 amid concerns over the prospects of high yield debt.

Purchase options below
Find the complete article and many more in this issue of The Hedge Fund Journal - Issue 108 - October 2015
If you own the issue, Login to read the full article now.
Single Digital Issue
Issue 108 - October 2015
This issue and other back issues are not included in a new The Hedge Fund Journal subscription. Subscriptions include the latest regular issue and new issues released during your subscription.
6 Month Digital Subscription
Only € 140,00 per issue

View Issues

About The Hedge Fund Journal

INFORMING THE HEDGE FUND COMMUNITY With access to some of the industry’s biggest names and an astute and talented group of writers and contributors, The Hedge Fund Journal has established itself as a trusted source of information on the hedge fund industry. Highlights of Issue 108: BlueCrest - Equity strategy excels in 2015 Volatility & Uncertainty to Define 2016 - Major challenges facing market participants On Origins of Alpha - Is the stock market a quasi Ponzi scheme? InfraHedge - The largest MAP-infrastructure provider