Sunday, 25 January 2015
Last updated 1 day 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.
Jan 23 2015 | 1:00pm ET
In our new section, FINtech Focus, we will profile one of these firms each week. While fintech is a broad category, we will be focusing on firms that specifically cater to the alternative investment industry. Read more…