Greenwich Alternative Investments

Hedge funds returned modest gains on average amidst volatile markets in November, with the GGHFI up 0.4% for the month. Most strategies reported positive results, with the exception of Managed Futures. The GGHFI’s gains trail global equity indices.

All strategies reported positive returns for November. Event Driven and Multi-Strategy strategies were November's top performers. Long-Short Credit continued to be 2012's star performer. Futures managers are the only negative performers year-to-date

Hedge fund managers minimized losses amidst downbeat markets in October, with the Greenwich Global Hedge Fund Index down -0.5% for the month. Strategy results were mixed, with many strategies reporting very modest gains or losses on average.

Hedge fund managers mostly reported gains in September, with Greenwich Global Hedge Fund Index up 1% for the month. Most strategies reported positive month returns, with the exception of Futures. The GGHFI’s gain of 1% lags global equity returns.

Over all positive trends continue for most strategies. Long-Short Equity strategies produce highest returns. Futures managers slip making them the only losing strategy for the month and year. Long-Short Credit remains the top performing strategy.

Hedge funds posted positive results in August on average with GGHFI gaining 0.8%. All but 2 strategies posted positive returns. GGHFI’s gain lagged global equity index returns. 67% of constituent funds in the GGHFI ended the month with gains.

Positive trend continues for all but one strategy in August. Long-Short Credit continues to be the dominant strategy this year. Event Driven strategy is the leader for the month. Year-To-Date results remain positive for all strategies

Hedge fund managers posted positive results in July on average as the Greenwich Global HF Index rose +0.9% for the month. As indicated in our first estimates, Futures strategies were one of the best performers in July, returning an average of +2.3%.

Hedge Funds showed positive results for most strategies in July. Preliminary estimates have the Greenwich Global Hedge Fund Index up 1.23% for the month. Futures reported their best month this year with L-S Credit maintaining its strong YTD return.

Hedge fund managers ended modestly higher in June as the Greenwich Global Hedge Fund Index rose 0.1% for the month but lagged global equity returns. Arbitrage strategies were the best performers, returning 1.0%. 59% of constituents ended with gains.