Wednesday, 27 August 2014
Last updated 1 hour ago
Feb 9 2010 | 10:39am ET
Hedge funds edged up in January, according to a preliminary report from Credit Suisse Tremont Index.
The Credit Suisse/Tremont Hedge Fund Index rose an estimated 0.17% in January, with 74% of the hedge fund assets included in the index reporting. The benchmark rose 18.57% last year.
Fixed-income arbitrage and distressed hedge funds posted the biggest gains last month, rising 2.46% and 2.02%, respectively. Most of the strategies tracked by Credit Suisse Tremont gained ground to open 2010, including dedicated short-bias funds, which took a beating during the market rally last year but took advantage of declining markets in January, returning 1.84%.
Event-driven funds rose 1.39%, global macro funds 1.11%, convertible arbitrage funds 1.06% and multi-strategy funds 0.88%.
Those strategies that did see red in January tended to see a lot of it. Managed futures funds, which lost 6.57% all of last year, dropped 3.91% last month alone. Long/short equity funds declined 1.7% and emerging markets funds dropped 1.24%.
Aug 25 2014 | 11:21am ET
As many of you know, FINalternatives was recently acquired by the owners of Futures magazine, a firm called The Alpha Pages LLC. Today marks the soft-launch of a new sister site for both publications. As its name suggests, The Alpha Pages will cover all types of alternative investments, going far beyond the more well-known ones such as hedge funds and private equity. Read more…
Commodities/Futures magazine launched at the precipice of a revolution in the futures industry—really a revolution in the idea of risk management—that would move it from a small niche industry to ...