In the week ending July 12th 2019, HFR reported that hedge funds rose 5.7% from January through June, according to Hedge Fund Research Inc.'s asset-weighted index of managers. Funds posted broad gains "to conclude the strongest first half of a calendar year, with varied and wide range of leadership including equity, technology, M&A-focused, trend-following, quantitative and blockchain/cryptocurrency exposures," wrote HFR President Kenneth Heinz. Also eVestment said hedge funds rebounded in June with aggregate industry performance of +2.42%, bringing year-to-date (YTD) average gains to +7.16%. Eurekahedge said hedge funds continued their positive performance with the Eurekahedge Hedge Fund Index gaining 1.82% in June, supported by the strong equity market performance on the back of optimism over the progress of US-China trade talk. The HFRI Fund Weighted Composite Index gained +2.6% for June 2019, the strongest month since January, increasing the Index Value to 14,408, a record level according to data released by HFR. CTA performance also keeps creeping higher as the weekly performance at the turn of the month was +1.1% according to the Lyxor CTA Peer Group, bringing the year-to-date performance to +9.6% as of July 2nd. Further in performance news, Viking Global Investors posted strong gains in the second quarter and the first half of the year, thanks in part to explosive r...................... To view our full article Click here |
Alternative Market Briefing Weekly
Saturday, July 13, 2019
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