- Advertisement -
- Advertisement -

Related

Eurekahedge: Hedge Funds Up 2.29% in Q1 2017

Latest Report

- Advertisement -

Stockholm (HedgeNordic) The latest Index Flash Update from Eurekahedge is indicating a Q1 2017 performance of 2.29% for hedge funds, having gained 0.34% in the month of March. The latest Index Flash Update from Eurekahedge is indicating a Q1 2017 performance of 2.29% for hedge funds, having gained 0.34% in the month of March. Underlying markets gained 5.06% in Q1 as measured by the MSCI AC World Index (local), gaining 0.79% in March.

Notable developments during the month included growing investor scepticism over the Trump administration as the president and his allies in Congress failed to pass a proposed healthcare reform to replace Obama’s Affordable Care Act. Market sentiment, which had hitherto been ebullient about Trump, therefore began to cool due to trepidation about Trump’s ability to deliver on promised reforms in other sectors such as tax relief and infrastructure.

The U.S. Federal Reserve, for its part, delivered on market expectations by raising interest rates in March, though the pace of interest rate hikes remains largely static at an average of three rate hikes projected for the year. Meanwhile, the Eurozone inflation rate has risen, heightening expectations of monetary tightening from the European Central Bank, which could result in the Fed’s and the ECB’s monetary policies converging over the next year.

European hedge funds rose 0.73% (2.12% YTD) in March, followed by North American hedge funds, which were up 0.48% (2.10% YTD). Japanese funds retracted 0.74% (+1.15% YTD). Distressed debt hedge fund managers tumbled the furthest, sown 1.21%, followed by CTA/managed futures and macro mandated hedge funds (-0.77% and -0.18% respectively. Emerging market mandates rose 0.60%, while frontier markets, as represented by the Eurekahedge Frontier Markets Hedge Fund Index, was up 1.50%.

Read the Eurekahedge Index Flash Update from April 11 here.

 

 

 

 

 

 

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

Our newsletter is sent once a week, every Friday.

HedgeNordic Editorial Team
HedgeNordic Editorial Team
This article was written, or published, by the HedgeNordic editorial team.

Latest Articles

Othania’s All-In-One Fund Celebrates Five Years

Danish fund boutique Othania is celebrating the five-year anniversary of Othania Balanceret Makro, its all-in-one fund blending equity, bond, and alternatives exposure through Exchange...

Atlant Fonder Crosses SEK 10 Billion Milestone

Strong performance and steady inflows have propelled alternative fund boutique Atlant Fonder past the SEK 10 billion milestone in assets under management. Its flagship...

Nordea PM Joins Lancelot Global as Co-Manager

Lancelot Global, a long-only equity fund with flexible net exposure ranging from 60 to 120 percent, has strengthened its portfolio management team with the...

Quirky Questions – or, A Peoples Business

If asset management were only about numbers, we could all go home and let the calculators get on with it. But calculators are dull...

Navigating CLOs Through ETFs: Opportunities in AAA-Rated Tranches

By UBS Asset Management: Collateralized Loan Obligations (CLOs) have long been a cornerstone of the U.S. securitized products market, evolving from a niche institutional investment...

From Core to Alternatives: The ETF-Driven Approach of a Finnish Wealth Manager

Wealth managers are tasked with designing investment portfolios that align with clients’ needs, objectives, risk tolerance, preferences, and financial circumstances. While high-net-worth clients often...

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.