Saturday, 1 August 2015
Last updated 12 hours ago
May 13 2010 | 3:22am ET
April wasn’t the cruelest month for hedge funds. But it wasn’t much to write home about, either, according to Dow Jones Hedge Fund Indexes.
The equity long/short benchmark did the best on the month, rising 1.45% (5.11% year-to-date). Merger arbitrage funds added 0.83% (1.49% YTD), while event-driven funds returned 0.58% (2.94% YTD).
By contrast, the Standard & Poor’s 500 Index rose 1.57% in April and is up 7.05% on the year.
Dow Jones’ convertible arbitrage, distressed securities and equity market-neutral benchmarks remained suspended in April.
May 27 2015 | 2:15pm ET
Support Hedge Funds Care, also known as Help For Children (HFC), by participating in this year's raffle. All proceeds go to support HFC's mission of preventing and treating child abuse. Read more…