Sunday, 28 December 2014
Last updated 24 min ago
Feb 15 2007 | 4:35pm ET
The fourth quarter was a good time to be in emerging markets and bad time to be in Japan, according to MSCI Barra’s fourth-quarter MSCI Hedge Fund Indices Global Summary. In fact, the same could be said of 2006 as a whole.
MSCI’s emerging markets and global markets indices led the way in Q4, returning 7.9% and 7.7%, respectively, bringing both strategies to 17% for the year. Japan, on the other hand, was the only MSCI hedge fund index in the red for the year, as its anemic 0.5% performance in the fourth quarter was not enough to drag it into positive territory. It finished the year down 4.7%.
The overall MSCI Hedge Fund Composite Index had a strong quarter, returning 5%, but it’s full-year return of 11.3% lagged far behind the MSCI World Equity Index, which returned 20.1%. Still, investors continued to pour money into hedge funds, as funds covered by the index added some $4.1 billion in the fourth quarter. Those who invested in smaller funds were awarded, as funds with between $15 million and $100 million in assets outperformed the MSCI Core Fund Index, 5.2% to 4.7%.
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.