Tuesday, 2 September 2014
Last updated 3 days ago
Nov 5 2010 | 11:43am ET
Hedge funds followed up their best September ever with further gains in October, according to a trio of early-reporting indices.
The average fund returned between 1.1% and 1.5%, the indices show, bringing year-to-date returns to between 4.2% and 6.7%, depending on how optimistic an index you choose. Hedge Fund Research’s HFRX index rose 1.12% on the month (4.8% year-to-date), the Bloomberg Aggregate Hedge Fund Index added 1.5% (4.2% YTD) and the Credit Suisse Liquid Alternative Beta Index returned 1.14% (3.58% YTD).
“The Credit Suisse Long/Short Liquid Index was the greatest positive contributor for the second month in a row, posting returns of 2.43%, as managers benefited from global equity market rallies,” Credit Suisse’s Jordan Drachman said. “Similarly, the Credit Suisse Event Driven Liquid Index was up 2.17% in October, pushing year-to-date performance into the double digits (up 11.25%). Global Macro was the only sector with negative performance in October finishing down 1.19%."
Aug 25 2014 | 11:21am ET
As many of you know, FINalternatives was recently acquired by the owners of Futures magazine, a firm called The Alpha Pages LLC. Today marks the soft-launch of a new sister site for both publications. As its name suggests, The Alpha Pages will cover all types of alternative investments, going far beyond the more well-known ones such as hedge funds and private equity. Read more…
Commodities/Futures magazine launched at the precipice of a revolution in the futures industry—really a revolution in the idea of risk management—that would move it from a small niche industry to ...