Sunday, 28 December 2014
Last updated 3 days ago
Jan 7 2010 | 2:08am ET
Hedge funds enjoyed a bump—albeit not a big one—in December, according to the Dow Jones Hedge Fund Strategy Benchmarks.
Equity long/short hedge funds rose an estimated 1.88% last month. The strategy ended the year up just 4.88%. Event-driven funds, the best of the three Dow Jones indices still being published on the year at 15.54%, added 1.14% in December. Merger arbitrage funds returned 1.02%, and 8.31% on the year.
Dow Jones’ convertible arbitrage, distressed securities and equity-market neutral benchmarks remain suspended.
Meanwhile, equity long/short funds have continued their rally in the early going on the New Year. The strategy is up an estimated 1.22% through Jan. 5. Event-driven funds are up 0.35% after the first two trading days of the year, while merger arbitrage funds dropped 0.17%.
Dec 1 2014 | 10:21am ET
As 2014 winds down, Northern Trust Hedge Fund Services executives took some time to share their outlook on trends facing the industry in 2015. Read more…
Jeff Sprecher was simply looking for a platform to trade energies when launching ICE 14 years ago but it has grown to reach the pinnacle of both the listed futures and equities world.