Saturday, 27 December 2014
Last updated 3 days ago
Aug 11 2010 | 11:29am ET
July was the best month for hedge funds since March, with the average fund advancing 1.42%, according to Eurekahedge.
The Eurekahedge Hedge Fund Index rose out of the red last month and is now up 1.17% on the year. Returns were broad-based, with all seven of the firm’s seven regional hedge fund indices posting gains on the month. July’s bounce also ended a two-month losing streak for the index.
Event-driven funds did best last month, rising 2.67%. Long/short funds were up 2.03%, while distressed debt funds were up 7.6% on the year.
Regionally, Asian funds did best, rising 3.56%—about half the July return of the Standard & Poor’s 500 Index. North American hedge funds added 1.54%, with European funds just behind at 1.51%.
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.