Wednesday, 23 July 2014
Last updated 1 hour ago
Dec 2 2010 | 2:34pm ET
Hedge funds are unlikely to enjoy a second-straight year of double-digit returns after losing significant ground in November.
The average hedge fund lost 1.29% last month, according to the Credit Suisse Liquid Alternative Beta Index. Losses were suffered across all four strategies tracked by the suite of replication indices, with merger arbitrage suffering the worst, dropping 2.42% (up 0.56% YTD).
November's decline pushed the LAB liquid macro index into the red on the year at 0.32% (down 1.35% YTD).
Event-driven funds shed 1.31% last month, but remain up 9.79% on the year. Long/short funds dropped 1.14%, but are up 6.63% on the year.
Jul 8 2014 | 10:48am ET
The surge in derivatives regulation is among the most complex challenges facing the financial services industry today. Northern Trust’s Joshua Satten recently spoke with FINalternatives to share insights into the challenges presented by new regulation and explore how the industry is responding. Read more…