- 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

Mapping the Finnish Hedge Fund Landscape

Beyond operating as a media platform, HedgeNordic maintains an extensive database of Nordic hedge funds and related data. Although the data is not without...

Quirky Questions for Serge Houles (Tidan Capital)

Not every conversation in the hedge fund world needs to revolve around alpha, Sharpe ratios, or fund flows. In the ongoing Quirky Questions series,...

Quirky Questions for Mette Østerbye Vejen (Caba Capital)

Not every conversation in the hedge fund world needs to revolve around alpha, Sharpe ratios, or fund flows. In the ongoing Quirky Questions series,...

Solid First-Half Finish for Nordic Hedge Funds

Nordic hedge funds wrapped up the first half of the year on a solid note, delivering an average gain of 1.4 percent in June....

Brevan Howard Winds Down Volatility Fund Managed by Ville Helske

Brevan Howard Asset Management is winding down a volatility-focused hedge fund run by high-profile Finnish portfolio manager Ville Helske. Helske, formerly Head of Allocation...

Ymer to Launch Fourth CLO Fund with Proven Strategy and Structure

Building on the track record of three previous credit funds, Swedish alternative credit specialist Ymer SC AB is preparing to roll out its fourth...

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.