- Advertisement -
- Advertisement -

Related

Equity Strategies Emerge As April Winners

Industry Report

- Advertisement -

Stockholm (HedgeNordic) – According to the April report from eVestment, hedge funds have returned an average of +0.66% for the month of April 2017 (+3.04% YTD), continuing a winning streak since the outset of the year. The proportion of managers with positive returns returned to around the 70% during the month, while volatility was extremely low, with the month registering the smallest difference between average gain and average loss in over five years.

Long/Short Equity and Activist strategies are the primary winners of 2017 so far, the report finds, with equity strategies leading the pack in a month that was positive for all major strategies, with the drag from European equity exposure on L/S equity managers in 2016 largely lifted.

However, the large macro and managed futures universes have experienced difficulties, with over half performing poorly in 2017, despite these being where the majority of new assets have been allocated this year due to their outperformance through 2016.  Seven of the ten largest reporting funds through April were down in 2017.

In addition, commodity strategies posted their third consecutive loss in April, making that universe the most negative of any asset class or primary strategy for the year thus far, following underperformance of its largest products.

Emerging Markets continued to roar ahead as they have done since the beginning of the year, producing returns double those of developed market strategies for the fourth month in a row. India vastly leads the pack of universally positive EM exposures, with returns nearly doubling any other regional focus. China-focused funds held their own, however, being up 10% in 2017 despite flows indicating cautious investor behaviour.

Read eVestment’s April report here.

 

 

 

 Picture: (c) violetkaipa—shutterstock.com

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

Our newsletter is sent once a week, every Friday.

Glenn Leaper, PhD
Glenn Leaper, PhD
Glenn W. Leaper, Associate Editor and Political Risk Analyst with Nordic Business Media AB, completed his Ph.D. in Politics and Critical Theory from Royal Holloway, University of London in 2015. He is involved with a number of initiatives, including political research, communications consulting (speechwriting), journalism and writing his post-doctoral book. Glenn has an international background spanning the UK, France, Austria, Spain, Belgium and his native Denmark. He holds an MA in English and a BA in International Relations.

Latest Articles

Formue Highlights Private Credit’s Role in New Economic Era

Nordic wealth manager Formue has long prided itself on delivering institutional-grade investment solutions to high-net-worth individuals. As global economic conditions shift, Formue sees an important role...

Chelonia Select Builds on Solid 2024

Stock-picking hedge fund Chelonia Select is off to a strong start in 2025 with an 8.3 percent gain through the end of May, building...

CABA Capital Expands the Flex Series

Danish fixed-income boutique CABA Capital has launched the third vintage of its leveraged, closed-end fixed income strategy: CABA Flex3. The fund aims to deliver...

Aegon AM Launches Capital Call Finance Fund

Aegon Asset Management has launched the Aegon Capital Call Finance Fund, providing institutional investors with access to the capital call finance market – a...

Evli’s Co-Investment Strategy: Opening the Door to Direct Private Equity Deals

Co-investing alongside private equity funds has become increasingly important for institutional investors seeking greater control, reduced fees, and selective deal exposure. Once reserved for...

From Loans to Layers: Navigating the CLO Capital Stack

Collateralized Loan Obligations (CLOs) play an important role in credit markets by bridging the capital needs of corporate borrowers with the return objectives of...

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.