Saturday, 25 October 2014
Last updated 22 hours ago
Sep 1 2010 | 11:33am ET
August was a boon for at least some hedge funds, even as the broader market swooned in the late-summer heat.
Quantitative hedge funds were up 4.57% in the first 30 days of the month, according to Hedge Fund Research’s HFRX Systematic Diversified Index. Macro funds did well, too, rising 1.01%, according to Dow Jones Newswires.
By contrast, the Standard & Poor’s 500 Index plummeted 4.51% in August. And HFRX’s broader Global Hedge Fund Index was essentially flat, dropping 0.06% through Aug. 30 to leave it, well, essentially flat year-to-date at 0.04%.
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…
David and James Hamman launched their fundamental Livestock and Grains Program in March of 2010 but it really was decades in the making.