Sunday, 29 November 2015
Last updated 1 day ago
Jul 13 2010 | 11:09am ET
Hedge funds were flat in June—finishing off a lackluster second quarter.
All of Newedge’s benchmarks were in the red last month, including its commodity trading advisors index, which dropped 19 basis points in June, although it managed to remain in positive territory on the year at 1.75%. Even the best-performing strategy tracked by Newedge was down in June, if only marginally: the Alternative Edge Short-Term Traders Index dipped 0.05% on the month (up 0.83% year-to-date).
The Commodity Trading Index (Equity) dropped 1.43% (down 2.65% YTD) and the Volatility Trading Index fell 1.06% (down 6.77% YTD). Newedge’s Commodity Trading Index lost 0.67% (down 3.64% YTD), its Commodity Trading Index (Trading) lost 0.5% (down 3.88% YTD) and its Macro Trading Index (Quantitative) lost 0.25% (up 2.45% YTD).
Both the Macro Trading Index and Macro Trading Index (Discretionary) lost 0.24% on the month, with the former up 1.43% through the first half and the latter 0.96%.
Oct 21 2015 | 10:41am ET
One of the most unique charity benefits in the hedge fund industry, A Leg To Stand On's (ALTSO's) Hedge Fund Rocktoberfest - NYC, raised nearly $500,000 last Thursday thanks to the generous support of major sponsors and nearly 1,400 attendees from the Tri-State finance, business and hedge fund communities. Read more…