- 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

Sissener Expands Investment and Sales Teams with Senior Hires

Just months after bringing on Mads Andreassen as Investment Manager, Norwegian fund boutique Sissener AS continues to expand its team with two key additions....

Fenja Capital Deepens Bench as Analyst Moves to Full-Time Role

After earning his Master’s degree in Economics from Aalborg University, Anders Madsen has transitioned from a part-time role to a full-time analyst position at...

Accendo-Backed SSH Secures Major Investment from Leonardo

While public and policy discussions around defence often focus on conventional weapons, many of today’s most active and frequent battles are unfolding in cyberspace....

Swedbank Robur Strengthens Private Equity Team

Swedbank Robur has appointed Lorenzo Gregory Sormani as co-portfolio manager of its private equity fund, Swedbank Robur Alternative Equity I, joining Senior Portfolio Manager...

Beyond Renewables: Coeli Fund Taps Into the Broader Electrification Race

Earlier this year, portfolio managers Vidar Kalvoy and Joel Etzler renamed their fund from Coeli Renewable Opportunities to Coeli Energy Opportunities – a move...

Three Danish Hedge Funds Recognized by the Hedge Fund Journal

Three Danish hedge funds have been recognized at the 2025 Hedge Fund Journal CTA and Discretionary Trader Awards. Two funds managed by Danske Bank...

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.