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Global Macro Funds a Bright Spot During September Volatility

Stamford, CT, USA, October 10, 2011 – Hedge funds as measured by the Greenwich Global Hedge Fund Index (“GGHFI”) posted mixed results among strategies but generally finished the month with losses.  The GGHFI declined 3.08% compared to global equity returns in the S&P 500 Total Return (-7.03%), MSCI World Equity (-8.85%), and FTSE 100 (-4.93%) equity indices.  30% of constituent funds in the GGHFI ended the month with gains.

 

“Most hedge funds performed relatively well in dodging the market volatility on the month with the exception of some long-short equity managers.  Macro and Futures funds held up exceptionally well given the global uncertainty,” notes Clint Binkley, Senior Vice President.  “Market Neutral and other alternative hedge fund strategies should continue to prove worthwhile places to invest in unstable market environments.”

 

Hedge Fund Strategy Highlights

 

  • Global Macro and Managed Futures funds lead hedge fund strategies, returning +0.22% and -0.17%, respectively
  • Long-Short Equity managers had similar declines as S&P 500, falling 6.26% on average
  • Market Neutral funds post mixed results, decline nearly 2% on average
  • Emerging Market funds fall more than Developed Market managers; U.S./Canada funds still the relative winners for the year with an average loss of 4.18%

The GGHFI is one of the oldest benchmarks of the hedge fund universe.  Final Strategy and Regional index results for September will be available in early November, once additional funds have submitted returns.  Past performance and indices construction rules for all Greenwich Hedge Fund Indices may be viewed at www.greenwichai.com.

 

 

About Greenwich Alternative Investments

 

Greenwich Alternative Investments, LLC (and its affiliates) is a leading alternative investment firm providing hedge fund indices, industry research, and index-linked products and services to institutional investors worldwide.

  

 

Contact:

Greenwich Alternative Investments

info@greenwichai.com

Stamford, CT, USA

+1 203.487.6180