- Advertisement -
- Advertisement -

Related

Distressed and activist strategies lead in August

Latest Report

- Advertisement -

Stockholm (HedgeNordic) – Distressed hedge funds have emerged as industry leaders for the year as eVestment summarises performance numbers for the industry in its latest “Hedge Fund Performance Report”. According to the report, hedge funds overall gained 0.18% during the month of August while distressed and activist funds clearly outperformed with gains of 2.18% and 1.95% respectively. Year-to-date, distressed strategies have significantly outperformed the aggregate index with gains of 8.06% as compared to a gain of 3.47% for the industry as a whole.

The corresponding numbers for the Nordic Hedge Index is +1.89% for the year and an estimated -0.11% for August.

According to the eVestment report, distressed strategies have benefited from the rebound within energy sector credits while Macro and Managed Futures suffered the highest concentration of losses in August. In a comment on the recent weak returns for Managed Futures strategies, eVestment writes:

“Two months removed from their post-BREXIT superb returns, managed futures funds were negative for the fourth time in six months.”

Despite showing lackluster returns as of late, Managed Futures has received more new money than any other primary hedge fund strategy in 2016, 16.2 billion USD through July, according to the report.

Picture: (c) isak55 – shutterstock.com

 

 

 

Subscribe to HedgeBrev, HedgeNordic’s weekly newsletter, and never miss the latest news!

Our newsletter is sent once a week, every Friday.

Jonathan Furelid
Jonathan Furelid
Jonathan Furelid is editor and hedge fund analyst at HedgeNordic. Having a background allocating institutional portfolios of systematic strategies at CTA-specialist RPM Risk & Portfolio Management, Mr. Furelid’s focus areas include sytematic macro and CTAs. Jonathan can be reached at: jonathan@hedgenordic.com

Latest Articles

DNB’s Stable Alpha Goes DACH

DNB Asset Management has managed its in-house multi-manager, multi-strategy fund platform since early 2020. After a period of muted performance in its early years,...

Opportunities Lie Beneath Aggregate Credit Spreads

Credit spreads across the United States and Europe have tightened to historically low levels, leaving limited reward for simply holding long credit positions. This...

European Alternative Investments Conference 2025

More than 200 practitioners, academics and thought leaders met in Copenhagen for the second European Alternative Investments Conference, hosted by Finansforeningen, CFA Society Denmark...

Playing ‘Moneyball’ for Investors

Having managed the opportunistic hedge fund Pensum Global Opportunities under the Pensum Asset Management umbrella since 2022, Sector co-founder Peter Andersland has now established...

One Big Winner Lifts Accendo Into the Top Ten

When your portfolio holds six names, one big winner can move the needle in a major way. For Accendo Capital, September proved just that....

Slim Nordic Line-Up at HFM Awards

With Intelligence has revealed the shortlist for the HFM European Performance Awards 2025, featuring an unusually small number of Nordic hedge funds among this...

Allocator Interviews

In-Depth: High Yield

Voices

Request for Proposal

- Advertisement -
HedgeNordic
Privacy Overview

This website uses cookies so that we can provide you with the best user experience possible. Cookie information is stored in your browser and performs functions such as recognising you when you return to our website and helping our team to understand which sections of the website you find most interesting and useful.