Fund managers using AI/machine learning strategies returned 2.48% in January, after posting losses in eight out of the 12 months last year. Quant strategies continued their struggle with the CTA/managed futures mandate seeing $29 billion of net outflows in 2018.
The Eurekahedge AI Hedge Fund Index (Bloomberg Ticker – EHFI817) is an equally weighted index of 14 constituent funds. The index is designed to provide a broad measure of the performance of underlying hedge fund managers who use artificial intelligence and machine learning theory in their trading processes. The index is base weighted at 100 at December 2010, does not contain duplicate funds and is denominated in local currencies.
The Eurekahedge Crypto-Currency Hedge Fund Index declined 9.07% in January, narrowly outperforming Bitcoin which slumped 10.98% over the month. Crypto-currency hedge fund managers lost 71.86% throughout 2018, posting their worst year on record.
The Eurekahedge Crypto-Currency Hedge Fund Index is an equally weighted index of 14 constituent funds. The index is designed to provide a broad measure of the performance of underlying hedge fund managers that allocate to bitcoin and other cryptocurrencies. The index is base weighted at 100 at Jun 2013, does not contain duplicate funds and is denominated in USD.