Industry Benchmark Performance Even with early signs showing gains in July, the hedge fund industry is lagging far behind the broad market indices. Most funds are slightly down or slightly up. The biggest problem seems to be the lack of risk control. None of the funds show that they reduced risk during the worst of …
Industry Benchmark Performance Small gains in the equity hedge funds in June are somewhat disappointing, with many stocks moving higher and NASDAQ on new highs. Year-to-date results are similar to the S&P returns. Most CTA performance was better, with systematic programs doing the best, higher by 2.4%. Still, there is nothing exciting going on here. …
Industry Benchmark Performance The Hedge Funds have been crawling back over the past two months, now only down 5% for the year. That’s good considering the drawdown of more than 30% that we’ve seen in the index markets. The systematic CTAs did the best, not higher by almost 3% for the year, an argument for …
Industry Benchmark Performance The Hedge Fund Industry posted good equity returns in April, but less than half of the SPY gain. Even a 10% gain after a 30% loss actually recovers only 7% of the drawdown, so there is still quite a bit to go. As we would expect, long-only funds were the best performers. …
Industry Benchmark Performance As of April 1, the Hedge Fund Industry posted losses varying between -7% and -10% for March, and slightly worse for year-to-date. Those are excellent given that SPY peaked on February 19, up 5% for the year, then had collapsed 33.7% by March 23. It has now recovered about 11%. The Performance …
Please note that there are two versions of the weekly stock trend portfolios. Explanation of New Weekly Stock Trend Portfolios On Monday, February 24th, we advised our subscribers that we were exiting all positions in both the Daily and Weekly Stock Trend Portfolios due to our extreme risk rules. Those rules combine a drop in …
Lower returns for the hedge funds was well below the returns for the major equity index ETFs. CTAs did better, generally posting small gains. Volatility has increased in the U.S. with Europe following. It seems likely that some gains were made in the interest rates, but the FX markets have been sideways for the past three months and Brexit has not made much of a different.
Industry Benchmark Performance Early reporting shows that the Hedge Fund Industry turned in another profit, bring the total of all funds reporting to 10% for the year. Long-only funds did much better, as we would expect, up over 16%. Only the Fund of Funds were disappointing. Futures posted reasonably good gains, unusual during a strong …
Our very early look at Industry returns shows that CTAs performed slightly lower than our programs, with gains of between 1% and 2% compared to 1% to 3%.
Equity returns through October are running 3% to 11%, with the best being the long equity portfolios. That makes sense when the market is near or at all time highs.
