Wednesday, 22 October 2014
Last updated 9 hours ago
Feb 16 2010 | 3:39am ET
Hedge funds shed 0.42% in January, according to the Lyxor Hedge Fund Index.
Long-term commodity trading advisors were the biggest culprits for the drop, losing 3.12% in the first month of 2010. Short-term CTAs didn’t do much better, dropping 1.93% last month.
Global macro funds lost 1.27% and long-bias equity funds 0.65%.
Not every strategy lost ground last month. Long/short credit arbitrage funds added 2.1%, short-bias equity funds rose 1.55% and equity market-neutral funds 1.51%.
Lyxor, the industry’s most pessimistic index, rose only 5.15% last year; most indices rose nearly—or in excess of—20%.
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…
Most traders agree that proper risk management is the key to successful trading. However, many traders depend on the deeply flawed measure of standard deviation as a benchmark of risk. Here we put it ...