{"id":4277,"date":"2006-04-18T00:00:00","date_gmt":"2006-04-18T00:00:00","guid":{"rendered":""},"modified":"-0001-11-30T00:00:00","modified_gmt":"-0001-11-30T04:00:00","slug":"the-hedge-fund-report-trading-to-a-major-quarter","status":"publish","type":"post","link":"https:\/\/staging.hedgeco.net\/news\/04\/2006\/the-hedge-fund-report-trading-to-a-major-quarter.html","title":{"rendered":"The Hedge Fund Report: Trading to a Major Quarter"},"content":{"rendered":"<p>Street.Com &#8211; <span class=\"default\">Hedge fund returns generally outran the broader market last month, and many strategies had similarly strong results for the first quarter as well.<\/span><\/p>\n<p>  <span class=\"default\">&#8220;Hedge funds continue to outperform the <strong>S&amp;P 500<\/strong> index, with technology, Asia-Pacific and Europe leading the way,&#8221; said E. Lee Hennessee, managing  principal of Hennessee Group. The Hennessee Hedge Fund Index rose 1.64% in March and 5.76% for the first quarter, beating both the S&amp;P 500&#8217;s 1.25% return in March and 4.21% return in the first  quarter.<\/span><\/p>\n<p>  <span class=\"default\">Hedge funds also outperformed the <strong>Dow Jones Industrial Average<\/strong>, which rose 1.05% in March and 3.65% in the first quarter.<\/span><\/p>\n<p>  <span class=\"default\">One solid performer was the equity long\/short sector. The good performance of stocks in the January-to-March period helped managers who maintained a long bias and who bought  energy and technology names. The HFN long\/short equity average was up 2.63% in March and 7.02% for the quarter. Many hedge fund managers rotated from bonds to equity in late winter and benefited  from a strong run in small-cap stocks.<\/span><\/p>\n<p>  <span class=\"default\">&#8220;Hedge funds are chasing small-caps. They are much more short-term focused and they are going after something that is working right now,&#8221; said Jack Ablin, chief information  officer of Harris Private Bank.<\/span><\/p>\n<p><a href=\"http:\/\/www.thestreet.com\/markets\/activetraderupdate\/10279447.html\">Read Complete Article<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Street.Com &#8211; Hedge fund returns generally outran the broader market last month, and many strategies had similarly strong results for the first quarter as well. &#8220;Hedge funds continue to outperform the S&amp;P 500 index, with technology, Asia-Pacific and Europe leading [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-4277","post","type-post","status-publish","format-standard","hentry","category-syndicated"],"_links":{"self":[{"href":"https:\/\/staging.hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/4277","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/staging.hedgeco.net\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/staging.hedgeco.net\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/staging.hedgeco.net\/news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/staging.hedgeco.net\/news\/wp-json\/wp\/v2\/comments?post=4277"}],"version-history":[{"count":0,"href":"https:\/\/staging.hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/4277\/revisions"}],"wp:attachment":[{"href":"https:\/\/staging.hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=4277"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/staging.hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=4277"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/staging.hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=4277"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}