QUANT MACRO HEDGE FUNDS SURGE IN JANUARY AS EQUITIES, OIL EXTEND DECLINES

02/05/2016 Market Commentary

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Trend-following CTAs post strong gains as volatility spikes in market selloff; Technology/Healthcare funds post worst monthly loss since 2001
CHICAGO, (February 5, 2016) – Hedge funds posted mixed performance to begin 2016 as global financial markets plunged, driven by steep declines in oil and concerns regarding the global impact of the slowing Chinese economy, resulting in the worst start to a year for hedge funds since 2008. The broad-based HFRI Fund Weighted Composite Index® posted a decline of -1.7 percent for January, bringing the Index Value to 12073.48, while the HFRI Asset Weighted Composite Index fell -1.2 percent, according to data released today by HFR®, the established global leader in the indexation, analysis and research of the global hedge fund industry. Total hedge fund capital was $2.90 trillion to start 2016, narrowly below the mid-2015 record level of $2.93 trillion.
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