RBC Index Drops 0.94%

Jul 16 2010 | 5:57am ET

A poor June doomed hedge funds to a losing first half, according to RBC Capital Markets.

The RBC Hedge 250 Index slumped 0.94% last month. Following a 2.33% loss in May, the index is down 0.56% through June.

Mergers and special situations funds weighed most heavily on the industry last month, dropping 1.91%. Fixed-income arbitrage was one of only two strategies tracked by RBC in positive ground in June, topping all of them at 0.75%.


In Depth

An Interview With Harvest Volatility Management's Rick Selvala

Mar 23 2017 | 5:39pm ET

Several years of extremely low interest rates have pushed some investors into equities...

Lifestyle

'Tis the Season: Wall Street Holiday Parties Back In Fashion

Dec 22 2016 | 9:23pm ET

Spending on Wall Street holiday parties has largely returned to pre-2008 levels...

Guest Contributor

SEI: Private Debt Coming Into Its Own

Mar 8 2017 | 9:24pm ET

The explosive growth of private debt over the past few years has caused the lines...