- Advertisement -
- Advertisement -

Related

Distressed and activist strategies lead in August

Latest Report

- Advertisement -

Stockholm (HedgeNordic) – Distressed hedge funds have emerged as industry leaders for the year as eVestment summarises performance numbers for the industry in its latest “Hedge Fund Performance Report”. According to the report, hedge funds overall gained 0.18% during the month of August while distressed and activist funds clearly outperformed with gains of 2.18% and 1.95% respectively. Year-to-date, distressed strategies have significantly outperformed the aggregate index with gains of 8.06% as compared to a gain of 3.47% for the industry as a whole.

The corresponding numbers for the Nordic Hedge Index is +1.89% for the year and an estimated -0.11% for August.

According to the eVestment report, distressed strategies have benefited from the rebound within energy sector credits while Macro and Managed Futures suffered the highest concentration of losses in August. In a comment on the recent weak returns for Managed Futures strategies, eVestment writes:

“Two months removed from their post-BREXIT superb returns, managed futures funds were negative for the fourth time in six months.”

Despite showing lackluster returns as of late, Managed Futures has received more new money than any other primary hedge fund strategy in 2016, 16.2 billion USD through July, according to the report.

Picture: (c) isak55 – shutterstock.com

 

 

 

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

Our newsletter is sent once a week, every Friday.

Jonathan Furelid
Jonathan Furelid
Jonathan Furelid is editor and hedge fund analyst at HedgeNordic. Having a background allocating institutional portfolios of systematic strategies at CTA-specialist RPM Risk & Portfolio Management, Mr. Furelid’s focus areas include sytematic macro and CTAs. Jonathan can be reached at: jonathan@hedgenordic.com

Latest Articles

Pasi Havia Bids Farewell to HCP, Quant Strategy Carries On

After more than a decade at Helsinki Capital Partners (HCP), portfolio manager Pasi Havia has stepped down from his role, leaving behind the management...

Fresh Talent, New Funds: ALCUR Expands Reach in Retail Segment

After a wave of portfolio manager hires earlier this year, stock-picking fund boutique ALCUR Fonder is preparing to launch several new funds aimed at...

Quirky Questions for Kathryn Kaminski (AlphaSimplex)

Not every hedge fund conversation needs to revolve around performance charts or trade execution. In HedgeNordic’s Quirky Questions series, we look beyond the strategies to the...

Active Decisions in Passive Wrappers: Othania on ETF Innovation

Founded in early 2016 by brothers Vincent Dilling-Larsen and Christian Mørup-Larsen, Danish fund boutique Othania built its foundation on a proprietary risk model, “Tiger,”...

Rettig Appoints Crescit Manager to Oversee Hedge Fund Strategies

Simon Borgefors has joined Finnish family-owned investment company Rettig as Investment Director for hedge fund strategies in Stockholm, leaving Swedish hedge fund boutique Crescit...

€5m Ticket to Nordic High Yield From German Family Office

A German family office plans an initial €5 million commitment to a UCITS‑compliant Nordic high‑yield fund, with capacity to scale over time. According to...

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.