Saturday, 25 October 2014
Last updated 1 day ago
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.
Sep 22 2014 | 4:15pm ET
"I tell people that everybody likes good news and so if you have good performance that’s wonderful,” explains Mike McKitish of Peddie School's endowment, “but it’s the people that want to talk about the bad news or where they drifted and how they came back and how they stayed to their discipline…” that he wants to hear from. Read more…
David and James Hamman launched their fundamental Livestock and Grains Program in March of 2010 but it really was decades in the making.