Thursday, 23 February 2017
Last updated 1 sec ago
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%.