Tuesday, 30 September 2014
Last updated 5 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.
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…
High frequency trading is not evil, it is not a conspiracy and it really is not new; it is the natural evolution of the professional trading community making markets, providing liquidity and hopefully...