Saturday, 26 July 2014
Last updated 1 day ago
Jul 15 2010 | 11:51am ET
Hedge funds shed 0.5% last month, burned by volatile equity markets.
The Eurekahedge Hedge Fund Index posted its second straight monthly loss in July, leaving it essentially flat—down less than 0.1%—through the first half. Equity hedge funds took it especially hard, losing 1.1% on the month.
Commodity trading advisers had the best July of any strategy tracked by Eurekahedge, rising 0.6%. Fixed-income funds added 0.5%, enjoying the second-best return of the first half, following distressed debt funds, which rose 6.4% between January and June.
Regionally, four of seven indices took a dive last month, none more so than that track Eastern European and Russian hedge funds, which dropped 2.3%. North American hedge funds shed 0.9%.
Latin America funds were the best bet in June, adding 1%, and 1.5% through the first half. Asia ex-Japan funds plummeted 3.1% on the half, the worst of any regional index.
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…