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

Electronifie: Better Bond Trading

May 11 2016 | 3:03pm ET

Technology has revolutionized countless aspects of investing and trading, but the...

Lifestyle

From Modern Trader: Stephen Curry is a Black Swan

May 18 2016 | 7:43pm ET

What do the rise of the Internet, the sinking of the Titanic, 9/11, and Stephen...

Guest Contributor

LendingClub and the Question of Internal Hedge Funds

May 19 2016 | 8:42pm ET

Peer-to-peer lending platform LendingClub Corp. has been in the news since the firm...