Wealth Manager - the site for professional investment managers

Register to get unlimited access to Citywire’s fund manager database. Registration is free and only takes a minute.

Finally, hedge funds deliver: Equity strategies hit eight-month high

Finally, hedge funds deliver: Equity strategies hit eight-month high

Hedge funds enjoyed a strong start to 2013 with strategies exposed to equity risk posting their best returns in eight months.

As global markets gained momentum, a spread of hedge funds strategies delivered positive returns, with long/short equity funds posting a typical 3.40% for last month, while event driven strategies delivered 2.26%.

Recent reports by the EDHEC-Risk Institute found some strategies such as short selling cost hedge funds dear during 2012.

With a number of stock markets opening the year on a high, it is perhaps unsurprising short selling continued to hold them back in January.

According to the EDHC, these strategies posted losses of 4.9% during January, while the other 12 strategies it monitored ended the month in positive territory.

Leave a comment!

Please sign in or register to comment. It is free to register and only takes a minute or two.
Citywire TV
Play Kames' Roberts: how we're positioned for rising inflation

Kames' Roberts: how we're positioned for rising inflation

Kames Capital's head of fixed income David Roberts says inflation remains robust, leading the firm to build protection into its portfolios.

Play A-rated Devlin: why we love European tech

A-rated Devlin: why we love European tech

Citywire A-rated Vincent Devlin reveals where he sees opportunities in Scandinavia.

Play Chelverton's Baker: why housebuilders are safe as houses

Chelverton's Baker: why housebuilders are safe as houses

The UK smaller companies manager says he's recognised several growth prospects within the home repair market.

Your Business: Cover Star Club

Profile: Quilter Cheviot's international boss on taking the firm global

Profile: Quilter Cheviot's international boss on taking the firm global

The term ‘vertical integration’ has lost much of its descriptive value in recent months through over-use and misuse

Wealth Manager on Twitter