Hedge funds drop 1.23% in September

By Josh Friedlander

Mon Oct 10, 2011

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Full index stats and benchmarks are now live from HedgeFund Intelligence. Also, see links to the latest stories from EuroHedge, AsiaHedge, InvestHedge, AR and Absolute UCITS.


September was a difficult month for hedge funds, with most strategies suffering a loss. But funds still significantly outperformed the major market indices, with the HedgeFund Intelligence Global Composite Index dropping 1.23% against an 8.64% loss in the MSCI World Index (net).
    
Emerging Market Equity funds fell 8.37%, making them the worst global performers for a second consecutive month. Event-driven funds also continued last month's dismal performance, falling 4.81% in September, to put them down 7.92% for the year.

This is the worst year-to-date return for the Composite Index since 2008, when funds were down 4.75% for the year through September.

Our indices are updated daily as new funds report to the HedgeFund Intelligence databases, which contain performance information for nearly 8,000 funds (and 2,700 firms) globally. Please view the individual indices (using the links below) for the most up-to-date performance data.

HedgeFund Intelligence Indices

Median Hedge Fund Returns by region

Region Database
(click for full stats)
September YTD
Asia AsiaHedge -2.35% -4.00%
Europe EuroHedge -0.78% -2.62%
U.S. AR -1.57% -1.16%
UCITS Absolute UCITS -1.00% -3.62%
Funds of Funds InvestHedge -2.00% -3.98%
Global Composite HedgeFund Intelligence -1.23% -2.03%

Global Benchmarks

Index September YTD
MSCI World Index -8.64% -12.20%
Dow Jones Industrial Average -8.25% -7.97%
S&P 500*
-7.03% -8.68%
NASDAQ Composite -6.36% -8.95%
MSCI Europe Index -4.61% -15.64%
MSCI Pacific Free Index -6.82% -13.48%
Barclays High Yield Credit Bond Index -3.27% -1.38%
Barclays Aggregate Bond Index 0.73% 6.67%
* total return

Hedge Fund News & Analysis

Click the headlines to load the full stories. Subscription or trial access is required unless otherwise noted.

European hedge fund news from EuroHedge

Northhill backs new credit start-up Goldbridge

BlueBay starts private lending arm with Och-Ziff veteran

Dalton's Melchior European hard-closes at $100 million


Asian hedge fund news from AsiaHedge

Recovery stalls as Asia-Pacific assets shrink 5% in H1 2011 to $145bn

Stats Investment sees scaled up long/short Ginga fund

Lagrange appointed Man chairman for Asia


American hedge fund news from AR

Paulson down 46% in Advantage Plus fund after brutal September

September slaughter: Highbridge, Kingdon, Maverick, Omega, Paulson, and York fall big

Millennium hires Citi's head of U.S. equities trading


Hedge fund investor news from InvestHedge

Maryland names Moye as CIO

EIM's Arcilla to head AXA's FoHF

Weinberg Foundation adds Morgan pro


News from Absolute UCITS

Skyline adds UCITS version of global equity strategy

Complex funds are not always riskier, says UK's IMA

UCITS V could be the last


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