Tuesday, 13 October 2015
Last updated 11 hours ago
Apr 9 2007 | 9:57am ET
Hedge funds went back to their trailing-the-broader-markets way in March, but that will be cold comfort to anyone whose investments track the Standard & Poor’s 500.
The Greenwich Global Hedge Fund Index rose 0.98% in March, behind the S&P500’s 1.12%, but year-to-date, it’s not even close. The Greenwich index is up 2.82% in 2007, while the S&P500 needed March’s bump just to get back into the black, at 0.64%, after February’s bloodbath sent it into the red.
According to Greenwich Alternative Investments, 17 of the 18 strategies it follows are on positive group this year, and 14 of those have returned more than 2% year-to-date. The laggard is futures, which plummeted almost 2% in March and is down 2.5% in 2007.
Oct 7 2015 | 4:57am ET
Charity A Leg To Stand On (ALTSO) will hold its 12th Annual Hedge Fund Rocktoberfest – NYC on October 15 and its 4th Annual Rocktoberfest - Chicago on October 22. Read more…