Index

Hedge funds extend gains in April

Wed, 22/05/2013 - 06:47

Eleven out of 13 of the EDHEC-Risk Alternative Indexes recorded positive returns in April. Equity-focused strategies all exhibited returns consistent with their modelled exposure which has been rather low lately, with a slightly negative implied alpha however: long/short equity (0.65 per cent), equity market neutral (0.00 per cent) and event driven (0.82 per cent).

The convertible arbitrage strategy (0.54 per cent) maintained its positive trend but did not show the usual alpha in addition to its risk factor exposures. CTA global (2.08 per cent) was the best performing strategy this month.

The funds of funds strategy, with a 0.70 per cent gain, and six consecutive positive months, confirmed a good start to the year 2013.

Short selling was the only index to finch the month in negative territory recording a return of −2.90 per cent for the month.


Subscribe to free daily newsletter
Furtherreading
from our other sites
latestjobs
SVP Model Validation

Sat, 27 Dec 2014 00:00:00 GMT

Quantitative Research | Equity | New York

Sat, 27 Dec 2014 00:00:00 GMT

Quantitative Analyst - CVA, IR, and Credit Model Validation - US Investment Bank

Thu, 25 Dec 2014 00:00:00 GMT

events
2 weeks 2 days from now - New Orleans
3 weeks 4 days from now - Boston
3 weeks 4 days from now - New York
4 weeks 1 day from now - New York
specialreports