Sign up for free newsletter


Fixed income arbitrage top performing strategy in January

Fixed income arbitrage top performing strategy in January

The Credit Suisse/Tremont Hedge Fund Index gained 0.17 per cent in January as hedge funds posted positive performance despite market reversals.

The best performing strategy in January was fixed income arbitrage (2.02 per cent) with managers finding a number of opportunities in the credit markets, which as a rule became uncorrelated to equity markets with several sectors showing positive performance.

Event driven managers produced generally positive returns (1.42 per cent), largely driven by gains from credit positions and hedging strategies that mitigated equity losses.

Event driven managers were also supported by ongoing technical conditions as credit markets held steady in January despite weakness in equities and both the CS Leveraged Loan and High Yield Index sustained gains of 1.81 per cent and 1.27 per cent, respectively.

Despite slightly negative performance for the overall emerging markets sector, emerging Europe-focused managers experienced gains with the MSCI EM Eastern Europe Index finishing the month up 1.8 per cent.

from our other sites

BSX leads the way for ILS listings

Fri, 24/Mar/2017 - 13:55

ILS market could reach USD100 billion

Fri, 24/Mar/2017 - 13:50

Further opportunities for PE growth

Fri, 24/Mar/2017 - 13:43

Introducing the Bermuda LLC

Fri, 24/Mar/2017 - 13:26

3 days 7 hours from now - Singapore
3 days 7 hours from now - London
1 week 4 days from now - Hong Kong
1 week 5 days from now - Toronto
Mon, 27/03/2017   - London
Mon, 27/03/2017   - London
Mon, 27/03/2017   - London
IKONIC Fund Services Ltd.
Tue, 29/11/2016 - 11:28
Backstop Solutions Group
Tue, 08/11/2016 - 17:44
The Gemini Companies
Mon, 17/10/2016 - 11:51
other gfm publications