Sunday, 1 February 2015
Last updated 1 day ago
Feb 17 2010 | 1:59am ET
It was a cold January for hedge funds, according to the Lipper Hedge Fund Composite Index.
The average fund opened 2010 with a 0.94% drop. While hardly a bloodbath, the losses were widespread, with just one strategy ending the month in the black. That strategy was credit-focus, which added 0.27% in January.
Managed futures funds took the biggest dive, falling 2.79%. Other hedged strategies did nearly as badly, losing 2.67%. Long-bias funds shed 1.7%, long/short equity funds 1.05% and convertible arbitrage funds 0.27%.
Jan 23 2015 | 1:00pm ET
In our new section, FINtech Focus, we will profile one of these firms each week. While fintech is a broad category, we will be focusing on firms that specifically cater to the alternative investment industry. Read more…