Wednesday, 24 December 2014
Last updated 9 hours ago
Mar 3 2010 | 5:29am ET
Australian hedge funds got off on the wrong foot in 2009. The Australian Fund Monitors index, which soared more than 20% last year, dropped 1.5% in January.
The downward movement Down Under was pretty widespread, with the Australian Stock Exchange Index losing more than 6%. Equity hedge funds lost an average of 1.83% in the first month of the year; non-equity funds fell 0.98%.
The going was even worse for equity 130/30 funds, which shed 6.34% in January, the only AFM subindex to do worse than the broader Aussie markets. Commodity hedge funds and commodity trading advisors also took January hard, losing 4.52%.
Single-manager funds fell an average of 1.7% on the month. Funds of hedge funds lost just 0.36%.
Dec 1 2014 | 10:21am ET
As 2014 winds down, Northern Trust Hedge Fund Services executives took some time to share their outlook on trends facing the industry in 2015. Read more…
Jeff Sprecher was simply looking for a platform to trade energies when launching ICE 14 years ago but it has grown to reach the pinnacle of both the listed futures and equities world.