Tuesday, 27 January 2015
Last updated 12 min ago
Nov 11 2010 | 2:05am ET
Hedge funds returned 1.44% in October, according to the Lyxor Hedge Fund Index.
The investible index is up 4.3% this year. Returns last month were powered by commodity trading advisers, which added 3.21%; global macro funds, up 3.03%; and long/short credit arbitrage funds, up 2.16%. It was the Lyxor index’s fifth consecutive month in the black.
On the other hand, short-bias funds dropped 2.21% in the face of a market rally that pushed the Standard & Poor’s 500 Index up 3.69% in October.
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…