Hedge funds gain favour
Despite tightening credit conditions, hedge funds are continuing to gain favour, with the latest Credit Suisse/Tremont Hedge Fund Index up 2 per cent in May.
The president of Credit Suisse Index Company, Oliver Schupp, said the index had been up in circumstances where hedge funds had continued to generate positive performance across strategies.
“We estimate that each of the 10 hedge fund sectors will end May with gains for the month, with long/short equity being the highest performing sector,” he said.
The Credit Suisse/Tremont Hedge Fund Index is comprised of 481 funds and includes both open and closed funds located in the US and offshore, but does not include fund of funds.
AUTHOR
Mike Taylor
Recommended for you
Distribution of private credit funds through advised channels to retail investors will be an ASIC priority for 2026 as it releases the results of its thematic fund surveillance and guidance for research houses.
State Street Investment Management has taken a minority stake in private market secondaries manager Coller Capital with the pair set to collaborate on broaden each firm’s reach and drive innovation.
BlackRock Australia plans to launch a Bitcoin ETF later this month, wrapping the firm’s US-listed version which is US$85 billion in size.
Global year-to-date inflows into active ETFs are 87 per cent higher than the same time a year ago at US$447.7 billion.
