Friday, 22 August 2014
Last updated 7 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.
Aug 4 2014 | 7:42am ET
By now, U.S. and international subscribers have received their home or office delivery of the special 500th issue of Futures magazine. You can too!—a very special offer follows. The issue is the largest in years—filled with the best trading strategies and stories from 43 years of being the primary publication for commodity, stock, options and forex traders. Read more…
The July/August 2014 issue is our largest in years—filled with the best trading strategies and stories from 43 years of being the primary publication for commodity, stock, options and forex traders.
The Alpha Pages Editor's Note