Search
Eurekahedge - Other Products and Services
Fund Of Private Equity Fund Database Free Trial

Hedge Fund News

EH Report

Manager Interviews

‘Mizuho-Eurekahedge Index’ goes live

Asian Hedge Fund Awards

Industry Events Calendar

Fund Launches and Closures

Archive



Eurekahedge
Eurekahedge Hedge Fund Indices

Hedge Fund Monthly
 
April 2010 Hedge Fund Performance Commentary

Eurekahedge

May 2010
 

Introduction

The global hedge fund industry delivered another month of outperformance in April, ending in positive territory as most global markets registered declines for the month. The composite Eurekahedge Hedge Fund Index, which tracks the performance of nearly 2,500 hedge funds across the world, advanced by 1.24%1 in April, bringing its 2010 year-to-date returns to a healthy 3.33%. Global markets, represented by the MSCI World Index, declined by 0.16% in April, with the April year-to-date figure of the index standing at  2.58%.

The chart below shows hedge fund returns for February and March 2010 across different geographical mandates:

March and April 2010 Returns

Click on the image for an enlarged preview

Hedge funds across all regional mandates produced robust returns in April, making it the second consecutive month of across-the-board positive returns. Japan-investing managers exhibited the best performance, with the Eurekahedge Japan Hedge Fund Index gaining a strong 2.93% in the month. Japanese managers benefited from long positions in the small- and mid-cap market while decreasing the weight to defensive large-cap stocks. North American managers were also in the green, with the average hedge fund gaining 1.84% in April and outperforming the underlying markets – the S&P 500 rose 1.58% during the month.

While Latin American hedge funds were mostly marginally up for April, the results were significant in offering downside protection by managers as the Bovespa declined by 4% in the month. European funds also remained healthy, navigating the volatility through...

 

The full article is available in the EH Report accessible to paying subscribers only.

Subscribers may continue to login as usual to download the full report and non-subscribers may email database@eurekahedge.com to enquire on how to obtain the full research report.

 

Footnote
1 Based on 65.74% of the funds reporting their NAV for April 2010 as at 15 May 2010.

 

 

If you have any comments about or contributions to make to this newsletter, please email advisor@eurekahedge.com

[Top]

 
Industry News
 
     
  The Eurekahedge Report - August 2014  
     
  Asset Flows Update for the Month of July 2014  
     
  Hedge Fund Performance Commentary for the Month of July 2014  
     
  2014 Key Trends in Global Hedge Funds  
     
  The Billion Dollar Interview with Quantedge  
     
  Hedge Funds: All Eyes on the World Cup (and Reinsurance)  
     
  Reporting Red Tape - Australia's Superannuation Reporting Requirements  
     
  Shariah Compliant Funds Seek a Safe Haven in Brazilís Free Trade Zones  
     
  Widening the Scope: the SEC Turns Its Attention to Alternative Mutual Funds  
     
Eurekahedge Hedge Fund Manager Travel Plans

space
Copyright © 2014 Eurekahedge Pte Ltd.
Use of this site is subject to our terms and conditions of use.