Hedge Funds Up Almost 1% In March

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.


In Depth

bfinance: Fees Falling Across Asset Classes, Yet Overall Investor Costs Still Climbing

May 16 2017 | 9:53pm ET

Despite unprecedented attention on fees, new research from investment consultancy...

Lifestyle

CFA Institute To Add Computer Science To Exam Curriculum

May 24 2017 | 9:25pm ET

Starting in 2019, financial industry executives sitting for the coveted Chartered...

Guest Contributor

Risk-Based Compliance: Why Oversight Of Outsourcing Is Critical

May 10 2017 | 7:02pm ET

Compliance is notoriously one of the trickiest middle office functions for funds...

 

From the current issue of