Wednesday, 23 July 2014
Last updated 9 hours ago
Apr 21 2010 | 2:19am ET
Canadian hedge fund fared no better than their American counterparts last month, badly trailing the market rally.
The Scotia Canadian Hedge Fund Performance Index rose 1.78% last month. On an equal-weighted basis, the return was a good deal lower, at 1.33%. Globally, hedge funds returned between 2% and 3%, on average.
Unfortunately for Canada’s hedge funds, Canadian stocks did even better in March, with the TSX index adding 3.51%. The Standard & Poor’s 500 Index rose 5.88% last month.
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…