Saturday, 20 September 2014
Last updated 1 day ago
Aug 16 2010 | 11:29am ET
Hedge funds gained an average of 1.59% in July, and are up 2.22% year-to-date, according to the Dow Jones Credit Suisse Hedge Fund Index.
"The Dow Jones Credit Suisse Hedge Fund Index rose 1.59% in July, with eight out of ten sectors posting positive performance for the month. Among the top performers for the month were Emerging Markets (+3.52%) and Long/Short Equity (+2.53%), which benefited from beta-driven opportunities amid global equity market rallies. Dedicated Short and Managed Futures were the only two sectors with negative performance this month, finishing down 3.52% and 1.50%, respectively," said Oliver Schupp, president of Credit Suisse Index Co.
Performance for the Broad Index and its ten sub-strategies is calculated monthly. July, June, and year-to-date performance numbers are listed below.
|Dedicated Short Bias||-3.52%||5.45%||-6.19%|
|Equity Market Neutral||1.67%||-0.99%||-2.95%|
|Event Driven Multi-Strat||1.90%||-1.97%||2.89%|
|Fixed Income Arbitrage||1.20%||0.92%||6.79%|
|S&P 500 TRI Index*||7.01%||-5.23%||-0.11%|
|Dow Jones World Index*||7.90%||-3.14%||-2.55%|
|*Total Return Indices|
Aug 25 2014 | 11:21am ET
As many of you know, FINalternatives was recently acquired by the owners of Futures magazine, a firm called The Alpha Pages LLC. Today marks the soft-launch of a new sister site for both publications. As its name suggests, The Alpha Pages will cover all types of alternative investments, going far beyond the more well-known ones such as hedge funds and private equity. Read more…
Credit default swaps brought down the London Whale and cost JPMorgan $6.2 billion. Here is how it happened.