Saturday, 26 July 2014
Last updated 12 hours ago
May 21 2010 | 9:19am ET
Canadian hedge funds returned about 1% last month, more or less on pace with their peers to the south of the border and around the world.
The Scotia Canadian Hedge Fund Performance Index rose 1.02% in April and is up 4.37% on the year.
“In line with global peers, Canadian hedge fund managers made modest aggregate gains in April, and continue to maintain a cautious stance in light of uncertainty over the direction of capital markets,” Scotia Capital said.
Globally, hedge funds returned between 1% and 1.5%, according to several major hedge fund indices. By contrast, the Standard & Poor’s 500 Index rose 1.57% on the month, and is up 7.05% on the year, while the S&P TSX Composite, which tracks Canadian stocks, rose 1.44% in April and is up 3.96% on the year.
Jul 8 2014 | 10:48am ET
The surge in derivatives regulation is among the most complex challenges facing the financial services industry today. Northern Trust’s Joshua Satten recently spoke with FINalternatives to share insights into the challenges presented by new regulation and explore how the industry is responding. Read more…