HedgeCo.Net – The FTSE Hedge Global Index continued its upward climb in January, posting gains of 2.12% in US$ terms. This is the third straight month of greater than 1% monthly returns, bringing the last rolling quarter’s cumulative return to 4.84% or 20.6% when annualized.
“Increased asset volatility and growing uncertainties over interest rates, currencies and commodity prices work together to create an environment of greater inefficiency, which is proving to be fertile ground for hedge fund managers”, said Simon Hookway CEO MSS Capital Limited
The biggest contributors to January’s positive performance were the directional style (+2.99%) and event-driven style (+1.90%), largely due to the strong performance of managers in the global macro (+4.94%), equity hedge (+3.00%) and merger arbitrage (+1.91%) strategies.
About MSS
The MSS Group was founded in May 2001, and is a London-based provider of alternative investment products. MSS is licensed by the FTSE Group to manage the FTSEhx Fund SPC, whose returns generate the performance of the FTSE Hedge Index Series. The FTSEhx Fund SPC is domiciled in the Cayman Islands and managed by MSS Fund Management Ltd. It has share classes denominated in US Dollars, Sterling, Yen, Euros and CHF.
