Lipper: Hedge Funds Flat In April

May 14 2010 | 1:15am ET

Hedge funds were basically flat in April despite rising equities markets.

The Lipper Hedge Fund Composite Index returned just 0.02% on the month. As if to emphasize the underwhelming performance, other hedge fund strategies topped the charts in April, rising 1.65%. Emerging markets funds rose an average of 1.23%. Most of the rest posted returns of less than 1%.

Convertible arbitrage funds added 0.54%, while managed futures funds added 0.41%. Long-bias funds actually managed to do slightly worse than the overall index, rising just 0.01%, despite the fact that the Standard & Poor’s 500 Index returned 1.57%.

Equity long/short funds lost 0.11% on the month.


In Depth

PAAMCO: Will Inflation Deflate the Asset Bubble?

Jan 30 2018 | 9:49pm ET

As the U.S. shifts from monetary stimulus to fiscal stimulus, market pricing should...

Lifestyle

CFA Institute To Add Computer Science To Exam Curriculum

May 24 2017 | 9:25pm ET

Starting in 2019, financial industry executives sitting for the coveted Chartered...

Guest Contributor

Boost Hedge Fund Marketing ROI By Raising Your ROO

Feb 14 2018 | 9:57pm ET

Tasked with delivering returns on client capital, a common dilemma for many alternative...

 

FINalternatives Trending

From the current issue of