Bringing you live news and features since 2013
Bringing you news, views and analysis since 2013
Results

27667

Activist hedge funds show strong performance in April

RELATED TOPICS​

Activist hedge fund strategies brought in among the strongest returns in the hedge fund industry in April, while overall industry returns are being dragged down by some mediocre performances, according to the eVestment April 2018 Hedge Fund Performance Report.

The overall industry returned 0.38 per cent in April, bringing year-to-date (YTD) 2018 returns to a just-barely positive 0.20 per cent. Activist strategies were by far the strongest performers among primary strategies, seeing 2.21 per cent returns in April. However, YTD performance for activist strategies – at +0.27 per cent – is just barely above the overall industry YTD return.
 
Overall, 60 per cent of reporting funds saw positive returns in April, while only 52 per cent of funds are positive YTD, indicating a muddied picture for the industry going forward with still two-thirds of the year ahead and a volatile geopolitical and business climate continuing to rattle world markets.

While most primary strategies are in the black for April, Relative Value Credit and Macro strategies both turned in negative performances for the month, at -0.01 per cent and -0.13 per cent respectively.

Managed Futures funds were just barely positive for the month at 0.07 per cent, while YTD Managed Futures funds are the big laggard among primary strategies YTD at -2.32 per cent.

Among firms with primary regional or country exposure, India-focused funds were the big winner in April, returning 3.53 oer cent. YTD returns for India-focused funds are still down however, at -3.70 per cent for the year. China-, Brazil- and Russia-focused funds were all negative for the month of April and are negative YTD.

On average, funds based in the United States, Continental Europe and the United Kingdom saw positive results in April and so far this year. However, funds based in Asia saw -0.96 per cent returns in April and are down YTD at -0.72 per cent.
 

Latest News

ESG and sustainable investment is set to become even more important for charity investment portfolio..
Iress has announced that it has extended its partnership with Dow Jones Newswires to give..
The Financial Conduct Authority (FCA) writes that in new rules, it has set out a..

Related Articles

infrastructure headline
The new Labour government has launched a GBP7.3 billion National Wealth Fund which will target private capital to support the UK’s growth ambitions...
The new Labour government has launched a GBP7.3 billion National Wealth Fund which will target private capital to support the..
Tom McPhail, lang cat
Today’s news of a landslide victory from the UK’s Labour party, finds that the markets had mostly factored in a widely predicted Labour win...
Today’s news of a landslide victory from the UK’s Labour party, finds that the markets had mostly factored in a..
Pensions might not feature at the top of the political parties’ manifesto promises this election, but their role in driving the UK’s growth ambitions is increasingly on investors’ agendas...
Pensions might not feature at the top of the political parties’ manifesto promises this election, but their role in driving..
Duncan Higgs, Bfinance
Bfinance has released its latest report, "Investment Management Fees: Fairness Revisited," with a comprehensive analysis of current trends and challenges in investment management fees and costs across various asset classes...
Bfinance has released its latest report, "Investment Management Fees: Fairness Revisited," with a comprehensive analysis of current trends and challenges..
Subscribe to the Institutional Asset Manager newsletter

Subscribe for access to our weekly newsletter, newsletter archive, updates on the site and exclusive email content.

Marketing by