Dow Jones: Hedge Funds Rise In Dec.

Jan 4 2010 | 9:29am ET

Hedge funds edged up in December, according to the Dow Jones Hedge Fund Strategy Benchmarks.

Well, three of the Dow Jones hedge fund indices, anyway. The other three benchmarks remain suspended. But those that are still active posted gains last month, led by equity long/short funds with a 2.07% return through Dec. 30. With a day left to do in 2009, the benchmark was up an estimated 5.09% on the year.

Event-driven funds rose just 0.98% in December, but were up 15.36% as last year wound to a close. Merger arbitrage funds returned 0.95% last month and 8.24% on the year.

Dow Jones’ convertible arbitrage, distressed securities and equity market-neutral benchmarks have all been temporarily suspended.


In Depth

Humble in Hofstra...One Debate an Election Can Make

Sep 26 2016 | 10:20am ET

Tonight's U.S. Presidential debate, infamously coined the “Humbling in Hofstra...

Lifestyle

Vortic: Reimagining the Custom Wristwatch

Sep 27 2016 | 7:24pm ET

American watch manufacturer Vortic, which started out restoring antique pocket watch...

Guest Contributor

Malik: The Ever-Changing Middle Market and The Entering Class of 2016

Sep 2 2016 | 5:01pm ET

Deal sourcing and origination is only going to get more competitive given current...