{"id":19918,"date":"2011-01-12T07:44:26","date_gmt":"2011-01-12T11:44:26","guid":{"rendered":"http:\/\/www.hedgeco.net\/news\/?p=19918"},"modified":"2011-01-12T09:00:46","modified_gmt":"2011-01-12T13:00:46","slug":"hedge-fund-index-estimated-up-3-01-in-december","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/01\/2011\/hedge-fund-index-estimated-up-3-01-in-december.html","title":{"rendered":"Hedge Fund Index Estimated Up 3.01% in December"},"content":{"rendered":"<p>New York (HedgeCo.net) &#8211; Early estimates indicate the Dow Jones Credit Suisse Hedge Fund Index (&#8220;Broad Index&#8221;) surged ahead in December, posting positive performance of 3.01% for the month (based on 88% of assets in the index reporting).<\/p>\n<p><strong>Key highlights for the month include:<a href=\"http:\/\/www.hedgeco.net\/news\/wp-content\/uploads\/2011\/01\/2009-december-pamamaroo-lake-blog.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\"alignright size-full wp-image-19947\" title=\"2009-december-pamamaroo-lake-blog\" src=\"http:\/\/www.hedgeco.net\/news\/wp-content\/uploads\/2011\/01\/2009-december-pamamaroo-lake-blog.jpg\" alt=\"\" width=\"190\" height=\"203\" \/><\/a><br \/>\n<\/strong><\/p>\n<ul type=\"disc\">\n<li>* Hedge Funds bounced back after muted performance in November, as the Dow Jones Credit Suisse Hedge Fund index rose an estimated 3.01%. Nine out of ten sectors posted positive performance for the month. The industry is expected to finish up 11.07% for the year.<\/li>\n<li>* The Event Driven sector posted the strong performance in December due primarily to increased opportunities in the special situations arena. The largest gains were seen in the Distressed and Multi-Strategy sub-indices which were up 2.34% and 5.27% respectively.<\/li>\n<li>* Global Macro funds were also among the top performers for the month finishing up 2.75%. Managers found profitability in FX trades, where many shorted the USD against other emerging markets currencies. Managers also added alpha via commodities with long precious metal positions.<\/li>\n<li>* Managed Futures funds posted positive performance of 5.50%, helping the sector to recoup November losses. Performance was largely driven by gains from short term models, which were able to capture strong momentum in both equities and commodities.<\/li>\n<\/ul>\n<p>Editing by Alex Akesson <br \/> For <a title=\"hedge funds\" href=\"http:\/\/www.hedgeco.net\">HedgeCo.net<\/a><br \/>\n<a href=\"mailto:alex@hedgeco.net\">alex@hedgeco.net<\/a><br \/>\n<a title=\"hedge fund\" href=\"http:\/\/www.hedgeco.net\">HedgeCo.Net<\/a> is a premier <a title=\"hedge fund database\" href=\"http:\/\/www.hedgeco.net\">hedge fund database<\/a> and community for qualified and accredited investors only. Membership in <a title=\"hedge fund\" href=\"http:\/\/www.hedgeco.net\">HedgeCo.net<\/a> is FREE and EASY. We also offer FREE LISTINGS for <a title=\"hedge fund\" href=\"http:\/\/www.hedgeco.net\">Hedge Funds<\/a>!<\/p>\n","protected":false},"excerpt":{"rendered":"<p>New York (HedgeCo.net) &#8211; Early estimates indicate the Dow Jones Credit Suisse Hedge Fund Index (&#8220;Broad Index&#8221;) surged ahead in December, posting positive performance of 3.01% for the month (based on 88% of assets in the index reporting). Key highlights [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3,13],"tags":[],"class_list":["post-19918","post","type-post","status-publish","format-standard","hentry","category-hedgeco-news","category-press-releases"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/19918","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/comments?post=19918"}],"version-history":[{"count":4,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/19918\/revisions"}],"predecessor-version":[{"id":19949,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/19918\/revisions\/19949"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=19918"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=19918"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=19918"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}