Friday, 29 August 2014
Last updated 40 min ago
Feb 18 2010 | 2:06am ET
Hedge funds got off on the wrong foot in 2010, with the average fund falling slightly in January.
The Barclay Hedge Fund Index lost 0.29% in January, according to BarclayHedge. Technology funds were hardest hit, dropping 2.74% on the month. Equity long-bias funds were battered by declining stocks, falling 1.68%. Emerging markets funds lost 1.19% and global macro funds slid 0.85%.
On the other hand, short-bias funds rallied as the world’s stock markets fell. The average short fund returned 3.18% last month. Distressed securities added 2.64%, fixed-income arbitrage 1.89% and multi-strategy funds 1.22%.
“Equity investors expressed their disappointment with White House announcements that the administration would seek to curtail risky behavior of U.S. banks,” BarclayHedge founder Sol Waksman said.
“Growing expectations that the economic recovery will be weaker than previously assumed drove interest rates lower and rallied the bond markets,” he added.
Funds of hedge funds dropped 0.17%, BarclayHedge said.
Aug 25 2014 | 11:21am ET
As many of you know, FINalternatives was recently acquired by the owners of Futures magazine, a firm called The Alpha Pages LLC. Today marks the soft-launch of a new sister site for both publications. As its name suggests, The Alpha Pages will cover all types of alternative investments, going far beyond the more well-known ones such as hedge funds and private equity. Read more…
Commodities/Futures magazine launched at the precipice of a revolution in the futures industry—really a revolution in the idea of risk management—that would move it from a small niche industry to ...