RBC: Tactical Hedge Funds Drag Down January Returns

Feb 12 2010 | 5:39am ET

Hedge funds dipped slightly in January, as managed futures and equity long/short funds took a hit.

The RBC Hedge 250 Index dropped 0.18% last month after rising 18.96% last year. Tactical funds suffered the most, with managed futures funds falling 3.08%, equity long/short funds 0.82% and macro funds 0.55%.

Convertible arbitrage funds also lost ground, dropped 0.69%.

By contract, fixed-income funds did well: Arbitrage funds jumped 2.44% and credit funds 2.01% on the month.

Mergers and special situations funds rose 0.47%, multi-strategy funds 0.42% and equity market-neutral funds 0.22%.

In Depth

The Importance of Stability in the Evolving Hedge Fund Administration Market

Oct 5 2015 | 8:17pm ET

Hedge fund administration has evolved from simple record keeping to an integral,...


Citadel's Griffin Reaches Settlement in Contentious Divorce

Oct 8 2015 | 10:14pm ET

Billionaire hedge fund manager Ken Griffin and his wife have settled a long-running...

Guest Contributor

Hedge Fund Marketing To Independent RIA Firms

Sep 30 2015 | 1:56pm ET

In this contributed article, Bruce Frumerman of Frumerman & Nemeth Inc. explains...


Editor's Note