Middling April For Hedge Funds

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.


Lifestyle

Survey: Wall Street Banks Still Top Silicon Valley, Hedge Funds for Freshly-Minted MBAs

Jun 21 2016 | 9:01pm ET

Contrary to concerns that Wall Street isn't as appealing to new graduates as it...

Guest Contributor

The Future of the Blockchain in Financial Services Communications

Jun 17 2016 | 1:05pm ET

Over the past year, a large portion of the financial services industry has awakened...