Dow Jones: Early December Hedge Fund Numbers Not Promising

Dec 22 2009 | 12:51pm ET

If hedge funds are going to enjoy a big December, they may need a big holiday bounce.

Through the end of last week, the three remaining Dow Jones Hedge Fund Strategy Benchmarks aren’t exactly blowing down doors. The best of the lot, equity long/short funds, is up just 0.33% through the first three weeks of the month. The worst, event-driven, is actually down 0.14%.

Merger arbitrage funds are up 0.11% during the same period. That benchmark is up 7.7% on the year; event-driven funds have returned 15% and equity long/short 3.7%.

The other three Dow Jones indices, convertible arbitrage, distressed securities and equity market-neutral, are suspended.


In Depth

Q&A: Old Hill's Stone On Private Debt, P2P And Credit Bubbles

Jun 6 2017 | 7:52pm ET

While institutional capital continues to flow into the broader private debt sector...

Lifestyle

CFA Institute To Add Computer Science To Exam Curriculum

May 24 2017 | 9:25pm ET

Starting in 2019, financial industry executives sitting for the coveted Chartered...

Guest Contributor

AIMA: How The U.K.'s SMCR Will Affect U.S. Firms

Jun 20 2017 | 6:29pm ET

U.S. investment managers need to think seriously about how tough new U.K. conduct...

 

From the current issue of