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
CIO Tapes 2: two warnings and a lot of optimism

CIO Tapes 2: two warnings and a lot of optimism

Our group of leading asset management CIOs see a lot of opportunities – and overseas investors are buying UK too

Play Wealth Manager Retreat 2017: size isn't everything

Wealth Manager Retreat 2017: size isn't everything

We asked our delegates at the Wealth Manager Retreat what they think about the recent wave of consolidation in the industry.

1 Comment Play CIO Tapes - part 3: 'passive funds are anti-capitalist'

CIO Tapes - part 3: 'passive funds are anti-capitalist'

Citywire recently gathered three of the UK's leading fund investment heads to discuss their hopes, fears and the issues that their jobs throw at them daily.

Read More
Your Business: Cover Star Club

Profile: Kleinwort Hambros' boss on how to manage five banks

Profile: Kleinwort Hambros' boss on how to manage five banks

Welding together Kleinwort and Hambros – two of Britain’s most historic banks, founded in 1786 and 1839 respectively – was always going to be a challenge.

Wealth Manager on Twitter