Wednesday, 1 October 2014
Last updated 13 hours 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%.
Sep 22 2014 | 4:15pm ET
"I tell people that everybody likes good news and so if you have good performance that’s wonderful,” explains Mike McKitish of Peddie School's endowment, “but it’s the people that want to talk about the bad news or where they drifted and how they came back and how they stayed to their discipline…” that he wants to hear from. Read more…
Sep 30 2014 | 9:29am ET
The crisp Autumnal days of October are upon us, and so are a few of the hedge fund industry’s favorite charitable events. If you have never been to Rocktoberfest, well, you are missing out. And for a quieter evening of sipping and socializing, stop by HFC’s Wine Soiree. Read more…
High frequency trading is not evil, it is not a conspiracy and it really is not new; it is the natural evolution of the professional trading community making markets, providing liquidity and hopefully...