Lyxor: Hedge Funds Open ’10 On Down Note

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%.

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...