Forbes – The Greenwich-Van Global Hedge Fund Index returned +0.01% in September (+6.55% YTD), according to Greenwich-Van Advisors, LLC. By comparison, the S&P 500, Lehman Brothers Aggregate Bond Index, MSCI World Equity Index and FTSE 100 returned +2.58% (8.53% YTD), +.88% (+3.06% YTD), +1.22% (+11.23% YTD), and +.93% (+6.09% YTD), respectively.
Three out of four strategy groups reported positive returns: the Market Neutral Group yielded +0.32% (+7.56% YTD), the Long/Short Equity Group returned +.19% (+6.85% YTD) and the Specialty Strategies Group returned +0.19% (+8.64% YTD). The Directional Trading Group returned -1.12% (+1.62% YTD). Within Directional Trading, futures strategies were hardest hit, posting an average return of -1.27% (+.70% YTD), amid widespread decline in precious metals, coupled with falling energy prices, owing to increased optimism regarding the Middle East and rising oil inventory. All hedge fund strategies within the Greenwich-Van Index are in positive territory year-to-date returns.
969 funds have reported thus far. Final results based on a larger number of funds will be posted at www.greenwich-van.com the end of October.
