Wednesday, 30 July 2014
Last updated 3 hours 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.
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…