Incisive Views from Professionals
By Bernhard Steiner As most readers of this article very well know, the past five years have been difficult for traditional managed futures strategies. The asset class as measured by Barclay Hedge CTA Index has posted losing years in three out of the past four years and 2013 is shaping up to potentially be another […] Read more »
From Global Asset Management Asset prices drifted lower on seasonally light volumes during August. Equities and bonds sold off, with the MSCI World index down 2.1% and the Barclays Global Aggregate Bond index down 0.5%, both in US dollar terms. Commodities gained in aggregate, led by energy and precious metals, while wheat and corn declined on […] Read more »
From Global Asset Management July was a strong month for equities with both the MSCI World index and the S&P 500 index up over 5% for the month in US dollar terms. Investment grade and high yield credit in the US and Europe rallied with notably large investor flows into US high yield. The […] Read more »
By Simon Kerr, Hedge Fund Insight When I received a manager monthly letter today showing four positive months for 2013 it made me wonder is that the manager or the strategy? After such a long time waiting, you will understand my interest, as the manager is a CTA. The particular fund* has delivered a […] Read more »
By Jeanne Asseraf-Bitton, Head of Cross Asset Research, Lyxor Asset Management Risk assets are set to generate positive returns for the remainder of 2013 driven by a slowly expanding global economy and ultra accommodative monetary policy. We believe that the familiar pattern from the last three years of 2Q data disappointment and consequent risk […] Read more »
From Global Asset Management Several trends in risk markets continued in March with positive performance in equities, notably in the US and Japan, continued strength in the US dollar and another month of weakening in the Japanese yen. Hedge funds enjoyed the third consecutive month of positive performance for the year, with the HFRX Global […] Read more »
By Simon Kerr, Publisher of Hedge Fund Insight and Principal of Enhance Consulting One of the major decisions taken by the investing institutions that came back to hedge funds after the Credit Crunch was to stick with CTAs. In the period after the Credit Crunch that was not difficult – the Barclay CTA index was […] Read more »
The Lyxor Hedge Fund Index is in positive territory at the end of May in spite of a slightly negative performance of -0.55% during that month (+0.96% in 2012). 5 Lyxor Strategy Indices out of 14 ended the month in positive territory, led by Lyxor CTA Short Term (+5.35%), Lyxor CTA Long Term (+2.21%) and […] Read more »