Sign up for free newsletter

 

Numbers and magnifying glass

Hedge fund strategies see mixed results in October

The performance of hedge fund strategies exposed exclusively to equity-related risk factors remained positive despite October’s challenging market environment thanks to a strong dynamic alpha, according to the Edhec-Risk Alternative Indexes.

Equity market neutral rose by 0.34 per cent and long/short equity by0.25 per cent.

The event driven strategy, benefiting from additional credit exposure, posted a higher 0.53 per cent.

The convertible arbitrage strategy (0.04 per cent) was almost flat, with influences of its main exposures (credit and convertibles) mostly cancelling each other out, and a slightly negative dynamic alpha.

CTA global (-3.22 per cent) suffered one more huge idiosyncratic loss and remains the worst amongst the main strategies this year so far (-2.95 per cent year-to-date).

Funds of funds, which maintain low overall market exposure, only lost a marginal 0.24 per cent.


Subscribe to free daily newsletter
latestjobs
Associate Trade Finance Origination - NYC

Tue, 05 May 2015 00:00:00 GMT

VP Project Finance Latam - Renewables

Tue, 05 May 2015 00:00:00 GMT

Associate/VP Private Equity Valuations - NYC

Tue, 05 May 2015 00:00:00 GMT

events
5 hours 59 min from now - Chicago
1 week 5 days from now - Charlottesville
1 week 6 days from now - Connecticut
1 week 6 days from now - New York
specialreports