Performance Of Greater China And North America Equities Hedge Funds – ValueWalk Premium
Greater China And North America Equities Hedge Funds

Performance Of Greater China And North America Equities Hedge Funds

Recent losses nearly wiped Greater China equity mandate’s relative outperformance since end 2016

Q3 hedge fund letters, conference, scoops etc

Performance of Greater China and North America Equities Hedge Funds

Greater China And North America Equities Hedge Funds

The recent losses posted by Greater China equity fund managers nearly depleted their relative outperformance over their North American counterparts accumulated since the end of 2016. Owing to the underlying regional equity market rally, equity fund managers focusing on Greater China region returned 32.06% in 2017, vastly outperforming equity fund managers focusing on North America, who returned an average of 9.70%. However, the Greater China mandate has been under severe pressure from the ongoing trade tension and weak currency. The Eurekahedge Greater China Long Short Equities Hedge Fund Index was down 20.01% as of October 2018 year-to-date.

Hedge Fund Performance by Region (2018 YTD)

Greater China And North America Equities Hedge Funds

Hedge Fund Performance by Strategy (2018 YTD)

Greater China And North America Equities Hedge Funds

Region Highlight

North America (+0.49% YTD)

-US$1.0 billion AUM YTD

North American funds barely avoided dipping back into the red year-to-date, as the losses they suffered in October wiped most of the gains they made in 2018. The Eurekahedge North American Hedge Fund Index declined 2.67% throughout the month, weighed by the weakness in the region’s equity markets.

Hedge Fund Management Fees

Greater China And North America Equities Hedge Funds

Strategy Highlight

Long Short Equities (-3.31% YTD)

+US$8.2 billion AUM YTD

Long short equities hedge fund managers bore the brunt of the equity market movement, which left them down 3.58% over the month. More than 80% of the fund managers utilising this strategy posted losses in October, leading to an industry-wide performance-based decline of US$13.8 billion.

Hedge Fund Launches and Closures

Greater China And North America Equities Hedge Funds

Greater China And North America Equities Hedge Funds

Article by Eurekahedge


X
Saved Articles
X
TextTExtLInkTextTExtLInk
0