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.


In Depth

'Smart Beta' Funds In Regulators' Sights, Hedgies May Be Next

Mar 26 2015 | 11:11am ET

Funds that mimic strategies used by active managers for a fraction of the cost could...

Lifestyle

Study: Both Marriage and Divorce Lead to Negative Hedge Fund Performance

Mar 25 2015 | 6:51pm ET

Trouble at home leads to trouble in the market for fund managers, according to researchers...

Guest Contributor

Concerned About Your HFT Exposure? Hedge It!

Mar 26 2015 | 1:06pm ET

High-frequency trading has been a persistent storyline for several years. The trading...

 

Sponsored Content

    Mar 9 2015 | 6:35am ET

    Kelly RodriquesKelly RodriquesAs more investors look to diversify, many are beginning to use retirement funds to invest in alternative assets such as private equity and real estate. Kelly Rodriques, CEO & President of PENSCO Trust Company, explains how companies can connect with those looking to use their retirement accounts in a different way. Read more…

Editor's Note