Thursday, 24 July 2014
Last updated 14 hours ago
Jan 17 2007 | 3:11pm ET
Echoing the findings of other indices, Hedge Fund Research’s year-end results for its HFRI indices shows emerging markets had a very big year in 2006. The HFRI Emerging Markets (Total) Index ended the year up 24.29%, following a huge December in which it returned 3.47%.
That put it almost 10 points higher than any other strategy tracked by HFRI. Distressed securities ended 2006 up 15.8% (1.6% in December), merger arbitrage 15.67% (1.27% in December) and event-driven 15.3% (1.75% in December).
The overall HFRI Fund Weighted Composite Index returned 12.85% on the year (1.43% in December.
Other HFRI strategy indices include relative value arbitrage (up 12.38% on the year, 1.58% in December), convertible arbitrage (12.17%, 1.18%), equity hedge (11.68%, 1.35%) and macro (8.54%, 1.52%).
The HFRI Fund of Funds Composite Index rose 10.35% in 2006, after December’s 1.72% return. It’s strategic subindex was the best-performing FoF index, returning 11.63% in 2006 (2.06% in December). Rounding out the FoF subindices, diversified rose 10.33% on the year (1.87% in December), conservative 9.1% (1.29%) and market-defensive 8.46% (0.58%).
Jul 8 2014 | 10:48am ET
The surge in derivatives regulation is among the most complex challenges facing the financial services industry today. Northern Trust’s Joshua Satten recently spoke with FINalternatives to share insights into the challenges presented by new regulation and explore how the industry is responding. Read more…