| Newsletter
To receive
monthly updates on new features in lowtax.net
and tax-news.com just enter your e-mail address
below:
|
 |
|
| INVESTORS OFFSHORE -
NEWS |
|
Most Hedge Fund Indices Agree On Early 2005 Results,
by Carla Johnson, Investors Offshore.com 22 March 2005
HedgeFund.net-PerTrac Universes has reported that hedge funds were up an average
of 1.70% in February, and 1.37% year to date. The top 25% of hedge funds gained
an average of 2.31% in February (2.65% year to date), while the bottom 25% of
hedge funds were up an average of 0.19% in February (down 0.73% year to date).
HedgeFund.net-PerTrac Universes chart the roughly 4,300 hedge funds that report
their performances to the Web site. There are thought to be about 10,000 hedge
funds in total.
The HedgeFund.net-PerTrac Universes are available through PerTrac Online,
a subscription-based hedge fund analysis toolset available exclusively to accredited,
registered investors by HedgeFund.net.
A Reuters poll of funds of funds published last week shows that hedge funds
are expected to make moderate profits over the coming months, with European
stock markets seen as a particularly good investment in the short-term. The
survey of 15 funds of hedge funds, which together manage some $66.5 billion,
forecast average to slightly below average positive returns over the coming
six months. Expectations were broadly unchanged from the previous two polls,
in October and December.
The Van Global Hedge Fund Index produced a February return of 1.6% net of
fees according to hedge fund consultant Van Hedge Fund Advisors International.
February’s gain comes on the heels of a slight loss in January, bringing
the year-to-date return for the Index up to 1.5% net. The Index represents the
average return of hedge funds tracked by VAN and serves as one of the hedge
fund industry’s longest running benchmarks of overall performance.
Other indices have returned broadly similar figures for January and February.
|
|
|
|
|
| THE LOWTAX LIBRARY
One of the web's largest and
most authoritative business and investment information sources. Alongside
topical, daily news on worldwide
tax developments, you can receive weekly newswires or
access up-to-date intelligence
reports on a range of legal, tax and investment subjects.
FREE TRIAL NEWS SUBSCRIPTION
Our 16 constantly updated
intelligence reports cover every important aspect of 'offshore' and international
tax-planning in depth, including banking secrecy, the EU's savings tax
directive, offshore funds, e-commerce, offshore gaming and transfer pricing.
Reports are available for immediate downloading or as subscription
services with news pages.
|
|
 |
|