Quants, Macro Hedge Funds Flourish In August

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%.


In Depth

Q&A: Decathlon Capital On Revenue-Based Alternative Lending

Oct 30 2017 | 3:49pm ET

The explosion in private credit activity since the end of the financial crisis is...

Lifestyle

CFA Institute To Add Computer Science To Exam Curriculum

May 24 2017 | 9:25pm ET

Starting in 2019, financial industry executives sitting for the coveted Chartered...

Guest Contributor

Saxby: Not All EBITDA Is Created Equal

Nov 30 2017 | 8:02pm ET

Record levels of dry powder are driving competition among private equity firms to...