Eureka: Hedge Funds Fall 0.8%

Feb 10 2010 | 12:31pm ET

Hedge funds retreated slightly in January following their banner 2009, according to Eurekahedge.

The Eurekahedge Hedge Fund Index dipped 0.8% last month, preliminary reports from the 2,000 hedge funds that contribute to the index show. About 36% of the funds have reported their January performance so far.

Long/short funds match the broader index’s decline, dropping 0.8%. Commodity trading advisors did the worst among Eureka’s nine strategy indices, plummeting 2.8% on the month.

Despite the overall drawdown, four out of Eureka’s seven regional indices saw gains last month. Asia ex-Japan funds did the worst of those, falling 1.7% in the first month of the new year.

In Depth

Financial Industry Blockchain Consortium R3 To Open-Source Platform Code

Oct 20 2016 | 9:03pm ET

Bitcoin's blockchain technology has spawned a flurry of activity among fintech startups...


U.S. Trust's Beard: The Rapid Growth of the Art Lending Industry

Oct 7 2016 | 10:55pm ET

Alternative investment managers have emerged as some of the most significant art...

Guest Contributor

Hedge Fund Marketing – Tips for Your Initial Sales Meeting

Sep 29 2016 | 5:46pm ET

There are two main goals a hedge fund should have for an initial in-person sales...