Saturday, 27 December 2014
Last updated 2 days ago
Apr 5 2007 | 2:25pm ET
All six hedge fund strategies tracked by the Dow Jones Hedge Fund Strategy Benchmarks posted positive returns in March, but most trailed the broader markets, which rebounded from late February’s correction.
Equity long/short was the best-performing strategy, Dow Jones Indexes said, with a 1.76% return (4.12% year-to-date), followed by distressed securities at 1.23% (4.29% YTD).
The quarter’s best-performer, merger arbitrage (6.43% YTD), was the month’s worst, adding only 0.2%. By contrast, the Standard & Poor’s 500 rose 1.12% last month (0.64% YTD) and the Dow Jones Wilshire 5000 1.11% (1.4% YTD).
March’s other market laggards were equity market-neutral (0.8%, 1.26% YTD), event-driven (0.73%, 3.25% YTD) and convertible arbitrage (0.21%, 1.76% YTD).
Dec 1 2014 | 10:21am ET
As 2014 winds down, Northern Trust Hedge Fund Services executives took some time to share their outlook on trends facing the industry in 2015. Read more…
Jeff Sprecher was simply looking for a platform to trade energies when launching ICE 14 years ago but it has grown to reach the pinnacle of both the listed futures and equities world.