Tuesday, 7 July 2015
Last updated 2 hours ago
Dec 22 2009 | 11:51am 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.
May 27 2015 | 2:15pm ET
Support Hedge Funds Care, also known as Help For Children (HFC), by participating in this year's raffle. All proceeds go to support HFC's mission of preventing and treating child abuse. Read more…