Wednesday, 22 October 2014
Last updated 12 hours ago
Apr 13 2010 | 8:58am ET
Hedge funds rallied in March to erase their early-year losses, with all strategies and regions participating in the black-ink party.
The average hedge fund rose 2.54% last month, according to the Eurekahedge Hedge Fund Index. On the year, hedge funds are up an average of 2.16%, far behind the broader markets, with the Standard & Poor’s 500 Index up 4.87% on the year after a 5.88% jump in March.
All strategies and regions tracked by Eurekahedge posted gains last month, and all are up year-to-date, none more so than distressed debt. Those funds returned an average of 4.27% last month and are up 7.35% through the first quarter. Distressed debt funds have soared 49.08% over the past 12 months.
Long/short equity funds also did well, returned 3.04%.
Eureka also reports that initial reports point towards another month of net inflows for the hedge fund industry.
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…
Sep 30 2014 | 9:29am ET
The crisp Autumnal days of October are upon us, and so are a few of the hedge fund industry’s favorite charitable events. If you have never been to Rocktoberfest, well, you are missing out. And for a quieter evening of sipping and socializing, stop by HFC’s Wine Soiree. Read more…
Most traders agree that proper risk management is the key to successful trading. However, many traders depend on the deeply flawed measure of standard deviation as a benchmark of risk. Here we put it ...