HFR Index Up 1.2% In January

Feb 16 2007 | 12:48pm ET

Another index, another round of bad news for hedge funds. Hedge Fund Research’s indices fared no better than any other, with its equal-weighted HFRI Fund Weighted Composite Index returned just 1.2% in January, while the Standard & Poor’s 500 was up 1.51%. Among subindices, merger arbitrage led the way at 2.61%, while distressed securities and event-driven funds were up 1.85% and 1.56%, respectively. The HFRI Macro Index brought up the rear, returning just 0.61% on the month.

HFRI’s Fund of Fund Composite Index rose 1.26% in January. Its four subindices were all within two basis points of that return.


In Depth

Humble in Hofstra...One Debate an Election Can Make

Sep 26 2016 | 10:20am ET

Tonight's U.S. Presidential debate, infamously coined the “Humbling in Hofstra...

Lifestyle

Vortic: Reimagining the Custom Wristwatch

Sep 27 2016 | 7:24pm ET

American watch manufacturer Vortic, which started out restoring antique pocket watch...

Guest Contributor

Hedge Fund Marketing – Tips for Your Initial Sales Meeting

Sep 29 2016 | 5:46pm ET

There are two main goals a hedge fund should have for an initial in-person sales...