Tuesday, 29 July 2014
Last updated 58 min ago
Oct 18 2010 | 10:46am ET
The RBC Hedge 250 Index rose an estimated 2.2% in September, accounting for most of the year's 2.54% advance.
All nine of RBC Capital Markets' strategy indices were in the black last month, and all but two have a positive return year-to-date. Mergers and special situations funds led the way last month with a 3.54% return (5.27% year-to-date), followed by equity long/short at 3.45% (1.12% YTD). The latter no doubt benefit strongly for soaring stock prices; the Standard & Poor's 500 Index and Dow Jones Industrial Average enjoyed their best Septembers since the Great Depression last month.
Managed futures funds added 2.13% on the month (3.77% YTD), equity market neutral funds 1.92% (down 0.72% YTD), credit funds 1.81% (6.5% YTD), fixed-income arbitrage funds 1.44% (12.52% YTD), macro funds 1.21% (1.58% YTD) and convertible arbitrage funds 0.42% (down 1.45% YTD).
Jul 8 2014 | 10:48am ET
The surge in derivatives regulation is among the most complex challenges facing the financial services industry today. Northern Trust’s Joshua Satten recently spoke with FINalternatives to share insights into the challenges presented by new regulation and explore how the industry is responding. Read more…