The gross return of the SS&C GlobeOp Hedge Fund Performance Index for January 2020 measured -0.22 per cent.
The Wilshire Liquid Alternative Index, which provides a representative baseline for how the broad liquid alternative investment category performs, returned -0.31 per cent in January, underperforming the 0.41 per cent monthly return of the HFRX Global Hedge Fund Index.
The managed futures industry stepped into 2020 on a positive note with a 0.51 per cent return in January, according to the Barclay CTA Index compiled by BarclayHedge, a division of Backstop Solutions. It was the third consecutive profitable month for CTAs.
Continuing the positive run from 2019, CTAs kicked off 2020 with all Societe Generale CTA indices in positive territory and the SG CTA Index closing the month at 0.83 per cent. Performance was led by the Short-Term Traders Index, which ended the month up 2.61 per cent.
The Eurekahedge Hedge Fund Index gained 0.17 per cent in January, outperforming the underlying equity market as represented by the MSCI ACWI (Local), which lost 0.90 per cent over the same period.
Hedge funds posted mixed performance in January, as fears of contagion related to the coronavirus drove global equity market volatility into month-end.
The Eurekahedge Hedge Fund Index returned 8.74 per cent in 2019, supported by the risk-on sentiment among investors and positive geopolitical developments throughout the year.
The gross return of the SS&C GlobeOp Hedge Fund Performance Index for December 2019 measured 1.65 per cent.
The managed futures industry closed the year with a second consecutive profitable month and rose 0.20 per cent in December, according to the Barclay CTA Index compiled by BarclayHedge, a division of Backstop Solutions. For the full year, CTAs returned 5.15 per cent.
Hedge funds finished 2019 on a high note in December, posting an industry-wide 1.73 per cent return for the month, according to the Barclay Hedge Fund Index compiled by BarclayHedge.