Thursday, 2 October 2014
Last updated 21 min ago
Aug 17 2010 | 12:52pm ET
Hedge funds gained 2.37% in July, but are down 0.86%, according to Bloomberg's global hedge fund indices.
Equity Statistical Arbitrage led the pack, returning 3.92% in July (0.68% YTD), with Equity Fundamental Market Neutral close on its heels, gaining 3.78% for the month (-7.74% YTD).
The only strategy to lose ground was Mortgage Backed Arbitrage, which dipped 0.65%, but is still up 5.72% YTD.
Fund of hedge funds faired slightly better, on average, with that category returning 2.45% in July (-3.64% YTD).
BLOOMBERG HEDGE INDEX
|Equity Statistical Arbitrage||3.915||0.682|
|Equity Fundamental Mkt. Neut.||3.783||-7.743|
|Capital Structure/Credit Arb.||3.654||9.466|
|Emerging Market Equity||2.275||2.205|
|Short Bias Equity||2.175||-0.716|
|Fixed Income Arbitrage||2.061||4.965|
|Long Bias Equity||1.408||-3.019|
|Emerging Market Debt||0.462||1.433|
|Mortgage Backed Arbitrage||-0.653||5.723|
|Aggregate Hedge Fund *||2.367||-0.858|
|Fund of Hedge Fund *||2.453||-3.649|
|*denotes aggregate indices|
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…
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