Lipper: Hedge Funds Fall 0.94% In Jan.

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%.


In Depth

Bob Doll's Ten Market Predictions For 2016

Jan 7 2016 | 9:37pm ET

Well-known market strategist Robert Doll has published his annual list of ten predictions...

Lifestyle

Citadel's Ken Griffin Donates $40M To New York's Museum of Modern Art

Dec 22 2015 | 9:23pm ET

Citadel founder Ken Griffin has donated $40 million to New York’s Museum of Modern...

Guest Contributor

Hedge Fund Marketing - Making the Most of Your Salesperson

Jan 20 2016 | 8:11pm ET

In this contributed article, Bruce Frumerman of Frumerman & Nemeth takes a close...