All articles by Rajeev Baddepudi
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Features
Trend-following slows losses
December offered some respite to the hedge fund industry at large from the string of losses seen in the last six months, with the composite Eurekahedge Hedge Fund Index finishing the month up 0.9%. Funds of funds, however, returned -0.7% on average. December has traditionally been a positive month for ...
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Features
Negative streak continues
Hedge funds continued their negative streak for the sixth month in a row, falling 0.8% as November saw the continuation of several of the dominant themes from September and October: distressed selling, deleveraging and redemptions among hedge funds, heightened volatility and an increasing disconnect between asset prices and underlying fundamentals, ...
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FeaturesFI and multi-strategy lose out
Funds of Funds, like hedge funds, got off to a rough start to 2008, and the Eurekahedge Fund of Funds index had its worst month since inception, losing 2.9 %.
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Features
EM managers fare well
The Eurekahedge Fund of Funds index registered modest returns (0.5%) for the month of December, bringing its gains for 2007 up to 10.1%. Multi-managers turned in positive returns for the month despite a bit of volatility across asset classes.
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Features
Investors risk averse
Credit concerns re-emerged in November as the US sub-prime problems worsened, leading to large-scale risk aversion by investors. This had a negative impact on hedge fund performance, resulting in the Eurekahedge Fund of Funds index ending the month down 1.5% .
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Features
Reaping the benefits
Funds of funds continued their healthy performance in October, and the Eurekahedge Fund of Funds index rose an impressive 3% during the month.These returns came on the back of strong performance of underlying hedge funds, which did well against the back drop of soaring equity-prices, surging commodity-prices, and further declines ...
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Features
M&A drives returns growth
Market movements and fund returns in May were largely a continuation of those seen in April as M&A volume and large capital flows provided the fuel for a global equity rally kick-started by strong earnings data. Also of note is the resilience of several markets to negative news over the ...
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Features
Flat period for FoFs
The Eurekahedge fund of funds index was virtually flat in September (+0.02% returns). But there was a major hedge-fund-industry-specific market event during the month: Amaranth Advisors, a $10bn (€7.9bn) Connecticut-based multi-strategy fund, lost 35% of its assets in natural gas positions (natural gas prices fell over 30% during the month) ...
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Features
Fofs post healthy gains
Global financial markets continued to recover in August, despite some volatility on account of the Lebanon crisis, the hurricane forecasts, the London terror threat, and weak US economic data. The Eurekahedge fund of funds index returned 0.6% for the month of August and 4.5% for the year to August. The ...
