Monday, 20 October 2014
Last updated 2 days ago
Mar 8 2007 | 12:56pm ET
Hedge funds weathered the end-of-February storm and manage to produce positive returns in the month, according to early estimates from HedgeFund.net’s indices.
The HFN Hedge Fund Aggregate Index, an equal-weighted benchmark covering some 7,100 products, returned 0.55% on the month, vastly outstripping the Standard & Poor’s 500, which tumbled by almost 2% on the month. The aggregate average also tops the S&P 500 year-to-date, 1.71% to -0.47%.
Emerging markets is back on top after a relatively slow January, returning 2.1% on the month (2.98% YTD). Emerging markets and distressed funds also remained strong in 2007, returning 1.71% (3.81% YTD) and 1.48% (3.18% YTD), respectively. Energy sector funds enjoyed the cold February, rising 1.88% on the month (2.07% YTD).
CTA/managed futures funds were the only single-strategy HFN index to suffer a down month in February. The average declined 1.13%, dragging year-to-date returns into negative territory at -0.39%.
Among regional funds, those focusing on Asia were particularly strong in February, rising 2.07% to reach 3.52% YTD.
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…
Most traders agree that proper risk management is the key to successful trading. However, many traders depend on the deeply flawed measure of standard deviation as a benchmark of risk. Here we put it ...