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BofAML: Hedge Funds Buy S&P 500 at Fastest Pace in Three Months

May 26 2015 | 1:44pm ET

Hedge funds bought the S&P 500 at the strongest pace in three months and have moved to a net long stance, according to the latest Bank of America Merrill Lynch Hedge Fund Monitor for the week ending May 20.

The diversified hedge fund index tracked by BofAML is up 0.52% for the period, again underperforming the 1.3% gained by S&P 500 on a price returns basis. Macro funds topped the performance tables, up 1.02%, while Equity Market Neutral funds were down 0.16%. 


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HFR: Hedge Funds Invested in China, Russia Leading Volatile EM Returns

May 28 2015 | 2:48pm ET

Hedge funds invested in China and Russia have returned to industry-leading performance, driven by a recovery in the Russian ruble, higher oil prices, and a surge in equity trading in China, according to HFR's latest Emerging Markets Hedge Fund Industry Report.

New Jersey Bails on BlueCrest, Files to Redeem $284M

May 28 2015 | 1:58pm ET

New Jersey’s public pension plan is pulling approximately $284 million from BlueCrest Capital Management due to disappointing returns.

Highland Files $500M Lawsuit Against Credit Suisse For Resort-Related Losses

May 28 2015 | 1:31pm ET

In an effort to recoup losses from a failed loan program to luxury property developers in the United States, hedge fund Highland Capital Management has filed a lawsuit against Credit Suisse Group AG for more than $500 million.

Fund Evaluation Group Closes Second Fund of Fund With $227M

May 28 2015 | 12:39pm ET

Fund Evaluation Group has closed its second private capital fund of funds at $227.3 million, beating its original $125 million target. 

Catalyst Crests $2B in AUM as Liquid Alt Assets Grow 100% YoY

May 28 2015 | 11:32am ET

Liquid alternatives company Catalyst Funds has grown assets under management by 100% in eleven months, surpassing $2 billion in total AUM in the process.

Odey European Fund Down More Than 19% in "Bloody April"

May 28 2015 | 11:05am ET

Crispin Odey’s flagship Odey European Fund has revealed an extraordinary 19.3% loss in what it described as a “bloody April”.

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In Depth

Star Fund Managers Battered By Rocky Ride In Yields, Currencies

May 28 2015 | 6:05am ET

Some of the biggest names in the investment world have been whipsawed by the recent rise in global yields and the strength in the euro against the dollar, with investors bracing for more sharp moves later this year stemming from central bank actions.

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