Wednesday, 22 October 2014
Last updated 14 hours 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.
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 ...