Thursday, 24 July 2014
Last updated 5 hours ago
Apr 12 2010 | 9:42am ET
Even the best month for the hedge fund industry can be put into a bad light by the Lyxor Hedge Fund Index. But even that most pessimistic of benchmarks posted strong returns in March, rising 2.12%.
Long-term commodity trading advisers enjoyed the best month, rising 4.84%. Long/short credit arbitrage wasn’t far behind at 3.85%.
Fixed-income arbitrage also did well, adding 2.73%, as did special situations, jumping 2.7%. The 10 largest hedge funds in the Lyxor index returned an average of 2.24%.
Given the March market rally—the Standard & Poor’s 500 Index returned nearly 6%—it’s no surprise to see equity short-bias the month’s biggest loser, falling 6.58% to increase its year-to-date loss to 9.57%.
Jul 8 2014 | 10:48am ET
The surge in derivatives regulation is among the most complex challenges facing the financial services industry today. Northern Trust’s Joshua Satten recently spoke with FINalternatives to share insights into the challenges presented by new regulation and explore how the industry is responding. Read more…