Go to Investment Europe homepage
  • Register for Investment Europe
  • Join Investment Europe’s LinkedIn group
  • Follow Investment Europe on Twitter
  • Investment Europe on your mobile
  • Investment Europe RSS feeds

Hedge funds start year with positive returns, says Eurekahedge

  • By: Jonathan Boyd
  • 07 Feb 2013
  • Be the first to comment
Thumbs up

Returns from the Eurekahedge Hedge fund Index hit 1.98% during January as risk appetite returned and global markets gained.

Some 80% of hedge funds reported positive performance during the month, against an average through 2012 of 60%.

The best performing regions were Asia ex-Japan and Eastern Europe & Russia, which returned 5.03% and 7.67% respectively. Japanese hedge funds recorded their strongest January on record, Eurekahedge said.

The MSCI World index gained 4.66% through January by comparison.

Among strategies, it was distressed debt funds that performed best. Over the past six consecutive months this stratetegy has returned an average of 14%.

Equity long-short and event driven strategies also had a good month, with the former up 2.77% and the latter up 1.88% over the month.

CTA/managed futures funds did well, returning 1.69% through the month as captial moved from bonds into stocks and commodities markets, Eurekahedge said. 

Regional Indices January 2012 2011
  2013* Returns Returns
Eurekahedge North American Hedge Fund Index 2.19 7.47 0.231
Eurekahedge European Hedge Fund Index 1.99 7.05 -6
Eurekahedge Eastern Europe & Russia Hedge Fund Index 7.67 6.77 -20.55
Eurekahedge Japan Hedge Fund Index 4.09 6.14 -1.35
Eurekahedge Emerging Markets Hedge Fund Index 1.79 10.95 -8.16
Eurekahedge Asia ex-Japan Hedge Fund Index 5.03 11.95 -12.2
Eurekahedge Latin American Hedge Fund Index 1.29 10.55 1.92
Strategy Indices January 2012 2011
  2013* Returns Returns
Eurekahedge Arbitrage 0.21 6.78 1.4
Hedge Fund Index      
Eurekahedge CTA/Managed 1.69 0.61 0.42
Futures Hedge Fund Index      
Eurekahedge Distressed Debt Hedge Fund Index 3.47 14.38 -1.04
Eurekahedge Event Driven Hedge Fund Index 1.88 9.57 -4.39
Eurekahedge Fixed Income Hedge Fund Index 1 10.57 0.66
Eurekahedge Long/Short Equities Hedge Fund Index 2.77 7.88 -6.73
Eurekahedge Macro Hedge Fund Index 0.91 2.34 -1.06
Eurekahedge Multi-Strategy Hedge Fund Index 1.86 7.93 -1.93
Eurekahedge Relative Value Hedge Fund Index 1.12 10.48 -1.51
Mizuho-Eurekahedge Indices January 2012 2011
  2013* Returns Returns
Mizuho-Eurekahedge Index - USD 0.95 5.93 -2.07
Mizuho-Eurekahedge TOP 100 Index - USD -0.75 6.4 1.87
Mizuho-Eurekahedge TOP 300 Index - USD -0.05 5.96 0.04

 

Visitors Comment

blog comments powered by Disqus

Market

Regions

European map
Benelux France Iberia Italy Germany Switzerland Austria Emerging Europe Scandinavia UK Ireland

Print Edition

Events

david-sugarman-polar-capital

Polar's Sugarman to speak on convertible bonds at Zurich Forum

David Sugarman, fund manager for Polar Capital, will discuss convertible bonds at the InvestmentEurope Pension Fund Forum held in Zurich on 15 May.

ana-harris-state-street

SSgA's Harris to discuss smart beta at Zurich Pension Forum

Anna Paula Harris, portfolio strategist for the global equity beta solutions group at State Street Global Advisors (SSgA), will address smart beta strategies at the InvestmentEurope Pension Forum to be held in Zurich on 15 May.