Thursday, 21 August 2014
Last updated 12 hours ago
Oct 7 2010 | 1:46pm ET
Hedge funds enjoyed their best month of the year in September, rising 3.48%, according to the Hennessee Group.
Despite that optimistic report, hedge funds weren’t able to fully capitalize on the strongest September in more than 70 years for the Standard & Poor’s 500 Index and Dow Jones Industrial Average. The latter added 8.9% last month, but still trails the Hennessee Hedge Fund Index, which is up 4.7% in 2010, for the year.
“Hedge funds had their best month since May of 2009 and continue to outperform the broad market year-to-date,” Hennessee’s Charles Gradante said. “While managers are concerned about elevated macroeconomic risks, we are beginning to see growing optimism about the equity markets in the short term.”
Aug 4 2014 | 7:42am ET
By now, U.S. and international subscribers have received their home or office delivery of the special 500th issue of Futures magazine. You can too!—a very special offer follows. The issue is the largest in years—filled with the best trading strategies and stories from 43 years of being the primary publication for commodity, stock, options and forex traders. Read more…
The July/August 2014 issue is our largest in years—filled with the best trading strategies and stories from 43 years of being the primary publication for commodity, stock, options and forex traders.
The Alpha Pages Editor's Note