Monday, 22 December 2014
Last updated 2 hours ago
Aug 3 2010 | 12:27pm ET
Following a dreadful second quarter, hedge funds needed to get off to a good start in the third, and they appear to have done just that.
Hedge funds enjoyed their best monthly return of the year in July, according to Credit Suisse’s Liquid Alternative Beta indices. The overall LAB index rose 3.12% on the month, pulling it out of the red and leaving the index up 2.99% on the year.
Event-driven funds were the strongest performers with a 4.22% July jump (5.93% year-to-date). Long/short funds also did well, adding 3.3% (2.05% YTD).
The LAB merger arbitrage index rose 1.87% (5.99% YTD), while the LAB global macro index added 1.65% (1.1% YTD).
Dec 1 2014 | 10:21am ET
As 2014 winds down, Northern Trust Hedge Fund Services executives took some time to share their outlook on trends facing the industry in 2015. Read more…
Jeff Sprecher was simply looking for a platform to trade energies when launching ICE 14 years ago but it has grown to reach the pinnacle of both the listed futures and equities world.