Monday, 6 July 2015
Last updated 45 sec 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).
May 27 2015 | 2:15pm ET
Support Hedge Funds Care, also known as Help For Children (HFC), by participating in this year's raffle. All proceeds go to support HFC's mission of preventing and treating child abuse. Read more…