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

Royalties: The Alternative Assets of the Music Industry

Jul 8 2016 | 7:01pm ET

Recent market volatility has investors seeking greater insight into alternative...

Lifestyle

Vortic: Making Great American Watches Again

Jul 25 2016 | 6:29pm ET

If you are compelled by stories of entrepreneurial vision & drive, or simply...

Guest Contributor

MPI: Like Stellar Returns? Better Understand the Risks First

Jul 22 2016 | 8:44pm ET

When the press reports extraordinarily strong relative or risk-adjusted returns...