- Advertisement -
- Advertisement -

Related

Early Insights into HF Industry’s August Performance

Industry Report

- Advertisement -

Stockholm (HedgeNordic) – Hedge fund performance was mixed across strategies in August according to Man FRM’s Early View publication for the month of August, which provides commentary on last month’s market activity and reveals early insights into the performance of hedge funds.

Equity long/short managers posted mixed returns depending on regional and sector exposure, with Pan-Asian managers as a group having suffered a difficult month as volatility returned to the Chinese stock market on fears of China’s need for deleveraging and concerns about the plunge in Turkey’s lira leading to fire sales of emerging market assets. Global macro managers also posted mixed performance last month, with the managers having more constructive positioning in emerging markets underperforming due to pressure on emerging markets risk assets.

Managed futures managers, often called commodity-trading advisers (CTAs) after their U.S. regulatory label, had a positive month on aggregate. Exposure to equities, commodities, and foreign exchange contributed to the performance of CTAs, whereas fixed-income exposure was a detractor to performance. Almost all main positions held by CTA managers within commodities contributed to performance, a rare occurrence in a sector with low average correlations between sub-sectors.

To read Man FRM’s Early View for August 2018, click the document below:

Picture © Ralf-Kleemann—shutterstock

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

Our newsletter is sent once a week, every Friday.

Eugeniu Guzun
Eugeniu Guzun
Eugeniu Guzun serves as a data analyst responsible for maintaining and gatekeeping the Nordic Hedge Index, and as a journalist covering the Nordic hedge fund industry for HedgeNordic. Eugeniu completed his Master’s degree at the Stockholm School of Economics in 2018. Write to Eugeniu Guzun at eugene@hedgenordic.com

Latest Articles

From Macro to Trend: Volt’s Approach to Trend-Following

Patrik Säfvenblad, Jukka Harju, and the broader team at Volt Capital Management have successfully managed their fundamental systematic macro strategy since its launch in...

The Secret Behind Mandatum’s Managed Futures Strategy

2024 has been a mixed but generally challenging year for trend-following strategies. The early months of 2025, particularly March and April, have been equally, if...

Turning a Time Zone Constraint into a Truly Diversified Systematic Portfolio

Many hedge funds aim to deliver truly uncorrelated and consistent returns to investors. A team based in Australia – partly motivated by the time...

Honey, you Shrunk the Skew

By Linus Nilsson, Head of Systematic Strategies at Tidan Capital: One of the mythical qualities of a trend-based strategy is that it is a...

The CTA Goldilocks Zone: Optimizing Diversification, Returns and Risk

HedgeNordic met with GreshamQuant Co-Heads; Dr Thomas Babbedge, Chief Scientist and Jonty Field, Chief Operating Officer, to discuss the role of capacity within ACAR, an...

UBP’s U-Access Campbell UCITS

Union Bancaire Privee (UBP), which was founded in 1969, has been investing in hedge funds since the 1970s when Campbell was amongst the pioneers...

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.