In January, stocks gained significant momentum, with the S&P 500 (5.18%) reaching a five-year high in the context of sharply decreasing implied volatility (VIX: 14.3%). High-grade bonds lost some ground (Lehman Global: -0.81%, Lehman US: -0.64%), while risky credit improved slightly (Credit-Spread Index: 0.21%) and convertible bonds benefited from their equity component (2.53%). Commodities rebounded vigorously (4.45%), and the dollar was nearly flat (-0.04%). Click here to download the latest performance update of the EDHEC-Risk Alternative Indexes. |
FTSE Mondo Visione Exchanges Index:
EDHEC-Risk Alternative Indexes: Hedge Funds Make Strong Gains In January
Date 19/02/2013